The strength of the U.S. economy has been a pleasant surprise, Minneapolis Fed President Neel Kashkari said Thursday, adding that the fundamentals of the economy are sound.
Skyrocketing shares of Nvidia Corp. have lifted the U.S. company to a massive market value exceeding entire country stock markets in Europe, according to Deutsche Bank Research.
A Mizuho analyst says investors shouldn’t flee big momentum plays like Nvidia, and a BofA analyst says the Nvidia rally still has juice.
Aurora Cannabis Inc.’s stock fell nearly 6% on Thursday after the Canadian marijuana company fell short of the analyst estimate for its fourth-quarter revenue, although it reported a narrower loss than in the previous year on robust international business.
For this group of soaring stocks, analysts’ earnings estimates have been rising more quickly than the share prices.
“The home we live in is mortgage-free.”
Gilead Sciences Inc.’s stock jumped early Thursday after the company said its experimental injection for HIV prevention was found 100% effective in a late-stage trial.
It is no secret that small-cap stocks have struggled this year — and last year, too. In fact, they have underperformed their large-cap peers for more than a decade now.
A pullback and consolidation could be on the way for stocks this summer, with a big clue from bitcoin, say strategists at Stifel.
Underestimating Squibb — or any senior — is a big mistake.
The Philadelphia Federal Reserve said Thursday its gauge of regional business activity inched down to 1.3 in June from 4.5 in the prior month.
Tesla and SpaceX co-founder reveals role in xAI supercomputer for Dell and Super Micro after mentioning Nvidia chips.
Index funds in the spotlight, a big tech ETF dumps some Apple shares, and two fund managers tell how they’re beating the market
Construction on new U.S. homes fell 5.5% in May, the Commerce Department said Thursday.
Kroger Co.’s stock rose 2.5% early Thursday, after the grocery chain posted better-than-expected first-quarter earnings and backed its guidance.
The number of Americans who applied for unemployment benefits last week fell slightly, but new jobless claims stayed near a 10-month high, possibly because of the end of the school year.
Accenture PLC’s stock rose 6% early Thursday, after the consulting firm posted fiscal third-quarter earnings showing more than $900 million in bookings from generative AI, offsetting a profit and revenue miss.
Liquid cooling, a term once only associated with the earliest mainframes and the most powerful supercomputers in the world, is quickly becoming an essential technology for data centers in the era of artificial intelligence.
Winnebago Industries Inc.’s stock fell 4% early Thursday, after the recreational vehicle maker’s fiscal third-quarter earnings fell short of estimates.
Darden Restaurants says, despite weakening conditions, the company “had a strong year.”
