Investors need more confidence in the gross-margin trajectory once Blackwell volumes ramp up, and they’ll also be looking for more proof that AI is generating customer returns.
Lyft disclosed Wednesday a restructuring of its bikes and scooters operation, which will lead to some job cuts and a charge of up to $46 million.
Trade gap hits $78.8 billion as imports surge
expenditures are high and projected to rise because national healthcare costs are out of control
Retailer posts “very strong” results.
Commodities have declined in the third quarter, marked by hefty losses in oil and copper, as downbeat economic data from China and the U.S. fuel worries about a slowdown in demand.
Dollar Tree cited increasing pressure on its middle- and higher-income customers.
Billions of dollars in losses crush innovation. Round up the usual venture capital suspects.
Oil futures rose modestly Wednesday, stabilizing a day after weak U.S. manufacturing data triggered a widespread selloff.
Despite unwillingness to police itself, tech giants want to create rules governing digital transformation and artificial intelligence.
Mortgage applications rose 1.6% in the last week, the Mortgage Bankers Association said.
Chief Executive David Burritt says U.S. Steel needs $3 billion in upgrades to compete.
Austin, Minn.-based Hormel has been beset by lower prices for whole bird turkeys this year, as well as a production interruption at a Planters facility in Virginia and lower center-store and contract manufacturing volumes.
A fund focusing on low volatility stocks actually recorded a record high.
The Hong Kong listed company saw its stock price slump 98% on Tuesday. Sanergy Group shares have now increased 78% after the Chinese company said a ‘forced sale’ had driven the plunge in its stock.
It’s been a difficult month for anyone trying to trade economic data releases. One policymaker says investors may be putting too much emphasis on them.
Market leaders of previous decades have seen their market capitalizations fall after becoming the most valuable companies listed on the S&P 500, JP Morgan’s analysts said
“The tenant wants a million things fixed. I could go on, but my husband does not have the money to do the repairs.”
Bond yields fell early Wednesday as a wave of global risk-aversion encouraged the buying of perceived haven assets and investors fretted about a slowing U.S. economy.
Tech tumble delivers sharp falls for Asia bourses
