Nvidia (NASDAQ: NVDA) stock has been one of the market's top performers in recent years, soaring a mind-boggling 2,600% over the past five. And this...
A victory for the current vice president on Nov. 5 may be bad news for three market-leading businesses.
Three analysts are forecasting significant downside to come for some of Wall Street's leading artificial intelligence (AI) companies.
Consumers are more confident about the housing market than they’ve been in two years. Still, most Americans think it's not a good time to buy a home.
Low uptake in the RSV and COVID vaccine markets is not surprising, an analyst said, and could mean weak earnings for manufacturers.
(Bloomberg) -- Hon Hai Precision Industry Co. plans to boost server capacity to meet stronger-than-anticipated demand for Nvidia Corp. chips used to develop AI, reflecting its expectations that spending on artificial intelligence will...
The EV market isn't growing as quickly as hoped, and that will put pressure on companies that aren't industry leaders.
Last week, Federal Reserve Chair Jerome Powell indicated the bank would likely stick with quarter-percentage-point interest rate cuts and was not "in a hurry" after new data boosted confidence in economic growth and consumer spending. ...
SINGAPORE (Reuters) -Oil prices fell more than $1 a barrel on Tuesday as traders took profits from a rally in the previous session that lifted the market to its highest level in over a month on fears the Middle East could be on the brink...
An activist invester has taken interest in pharma giant Pfizer, which despite becoming a household name during the pandemic has struggled to move its stock.
(Bloomberg) -- Iron ore slumped from a five-month high and base metals fell, as a much-anticipated briefing by China’s top economic planner ended without new pledges to boost government spending.Most Read from BloombergUrban Heat Stress...
Investors hoping for a roaring restart to China's stock rally, after the mainland's week-long holiday, were disappointed on Tuesday when Beijing policymakers offered only broad brush strokes about stimulus plans at a high-profile press...
Shares soared Tuesday in Shanghai as Chinese markets reopened after a weeklong holiday but then gave up a chunk of their initial gains as officials in Beijing outlined details of plans to revive the world's second-largest economy. Crude...
Monday's gain added about $117 billion and $4 billion to the market valuations of Nvidia and Super Micro Computer, respectively.
(Bloomberg) -- A rally in onshore Chinese stocks on their return from a week-long holiday fizzled as traders questioned Beijing’s resolve to add more stimulus. Shares in Hong Kong tumbled.Most Read from BloombergUrban Heat Stress Is...
TAIPEI (Reuters) -Foxconn is building the world's largest Nvidia GB200 chip manufacturing facility to help meet "awfully huge" demand for the AI darling's Blackwell platform, a senior executive at the Taiwanese company said on Tuesday. ...
The stakes for this week's consumer inflation report are higher after last week's red-hot jobs report, BofA says.
SHANGHAI (Reuters) -Chinese shares soared to two-year highs on Tuesday, pushing a blistering rally even further as trade resumed after a week-long holiday and investors bet on stimulus supporting the economy. The blue-chip CSI300 was up...
The $1 trillion club is elite. As of this writing, only six American companies boast a market cap greater than $1 trillion: Apple, Microsoft,...
Eli Lilly shares have soared thanks to excitement about the company's position in the weight loss drug market.
(Bloomberg) -- Asian stocks declined following losses in the US, with investors focused on the reopening of Chinese markets following a weeklong holiday.Most Read from BloombergUrban Heat Stress Is Another Disparity in the World’s Most...
Meta Platforms CEO Mark Zuckerberg is getting a Porsche Cayenne Turbo GT four-seater Coupé customized to be a minivan for his wife Priscilla Chan, the CEO revealed. What Happened: “New side quest. Priscilla wanted a minivan, so I've been...
Bill Ackman is one of the best-known billionaire investors in the world. His hedge fund, Pershing Square Capital, focuses on a few high-quality...
Buffett has been preferring this high-yield opportunity for a couple of years now.