Check out the companies making headlines in midday trading. Deckers Outdoor — Shares lost 6.9% after Truist downgraded the footwear company to hold over concerns that demand for core products is declining,... Read more »
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on Dec. 6, 2023.... Read more »
With 92 billionaires, Mumbai ranks third behind New York and London, but ahead of Beijing, and Shanghai. Tuul & Bruno Morandi | The Image Bank | Getty Images Move over, Beijing. Mumbai... Read more »
The Federal Reserve may have new incentives in the second quarter to cut rates deeper this year. Canaccord Genuity’s Tony Dwyer thinks a deteriorating jobs market and easing inflation will ultimately push... Read more »
There are few things more exhilarating than watching a stock you own skyrocket. As the current poster child of vertical ascent, Nvidia stands unrivaled. If you have owned Nvidia, congratulations. What you... Read more »
The next steps for the artificial intelligence boom are starting to come into shape, according to Goldman Sachs, and some of the stocks involved may still be cheap relative to their potential.... Read more »
Jensen Huang has a simple message for young people who want to achieve “greatness”: No pain, no gain. That was essentially the Nvidia CEO’s message for students at his alma mater, Stanford... Read more »
Check out the companies making headlines in midday trading. Nvidia — Shares fell 5.6% as Nvidia took a breather from its winning streak. Earlier in the session, the stock notched a new... Read more »
S & P 500 share repurchases could make a comeback in 2024 with the help of the Magnificent 7, according to Goldman Sachs. The firm estimates S & P 500 constituents will... Read more »
Hedge funds’ most-loved stocks have nearly doubled the S & P 500 ‘s return this year due to the continuous strength in Big Tech, according to Goldman Sachs. The Wall Street bank... Read more »
Check out the companies making headlines in extended trading. Nvidia — The chip giant saw shares climb more than 8% in after-hours trading on the back of record quarterly revenue driven by... Read more »
The three major averages have started the holiday-shortened week with declines, but a trio of companies could sway the market as they prepare to issue earnings. A decline in tech stocks led... Read more »
Megacap tech stocks aren’t just powering the U.S. stock market — they’re also holding the world together. U.S. equities now comprise 70% of the MSCI World Index, the benchmark for large- and... Read more »
Mathisworks | Digitalvision Vectors | Getty Images Corporate America has a message for Wall Street: It’s serious about cutting costs this year. From toy and cosmetics makers to office software sellers, executives... Read more »
Wall Street’s biggest AI darling is about to report earnings next week, and the results may show whether the mega-cap fueled market rally is justified as investors deliberate the path forward for... Read more »
These are the stocks posting the largest moves during midday trading. Source link Read more »
Shares of Arm Holdings have been on a rollercoaster ride since reporting earnings last week , posting three moves of 19% or more within the last six trading sessions. What’s driving these... Read more »
Evercore ISI’s Julian Emanuel thinks Nvidia’s monster rally is fueling a fear of missing out in the market. He finds clients, including many who traded through the dot-com boom and subsequent collapse,... Read more »
GenZ fashion influencers aren’t the only ones trying to channel the 1990s these days. Investors likewise see plenty of current-day relevance in that decade of upheaval, renewal, technological acceleration and eventual excess.... Read more »