Snowflake’s stock falls despite earnings beat and guidance boost
The company says AI products are seeing initial traction.
The company says AI products are seeing initial traction.
Equity investors appear to have moved past the “growth scare” fears that helped to inspire the summertime bust-up that nearly landed the S&P 500 in correction territory earlier this month.
The U.S. bond market was rising Wednesday, as investors assessed revisions to labor-market data and looked ahead to Federal Reserve Chair Jerome Powell’s Jackson Hole speech Friday.
Borrowing rates for investors seeking to short Icahn Enterprises. have spiked more than fivefold, to above 25%, since the company and its founder and majority shareholder Carl Icahn agreed to pay $2 million to settle regulatory charges this week.
As home prices have continued to march relentlessly higher, home buyers could soon get a break, a new report says.
Shares of Macy’s Inc. slid on Wednesday after the department-store chain cut its outlook and said that consumers were still skittish. Positives were hard to find, but management tried their best to highlight some.
Banks say their customers love Zelle, but lawmakers say Zelle doesn’t do enough to protect users who lose money to scams.
Most top Federal Reserve officials believed they should cut interest rates in September if inflation continued to slow and the labor market got any weaker.
Shares up 33% as report surfaces of deal for two businesses housed in its Great American Group
College students today can find plenty of personal-finance tips online, but they might not know what information is trustworthy.
Kamala Harris’s 2024 presidential campaign supports President Joe Biden’s economic proposals — including one that would tax unrealized capital gains for those worth more than $100 million.
The bond market is flashing a recession signal for a record period. But is it really broken?
A BofA analyst downgraded Amex shares, saying spending trends are “less than robust.”
The rally for gold is still going strong, with most analysts expecting to see further gains, but after 30 record-high settlements so far this year, investors should start to look out for certain signs of a potential top in prices for the precious metal.
Ken Leech of Western Asset Management is on leave to address potential securities-law violations.
The group of elite megacap stocks isn’t outperforming its S&P 500 peers for the first time in nearly two years, according to BMO.
You may want to make some changes
The U.S. added 818,000 fewer jobs than previously reported from the spring of 2023 to the spring of 2024, indicating the labor market began to cool off earlier and faster than it appeared at the time.
It’s almost never been this expensive
Several analysts see the company hitting the $30 billion revenue mark when it reports earnings next week. The company crossed the $20 billion threshold two quarters ago.