Bitcoin is testing a key level once again after the cryptocurrency fell below $60,000 this week for the first time since May 3. As of Tuesday afternoon, it was trading above $61,000, roughly 17% below its March record of $73,797.68,...
Nvidia CEO Jensen Huang delivers his keystone speech ahead of Computex 2024 in Taipei on June 2, 2024.Sam Yeh | AFP | Getty ImagesNvidia CEO Jensen Huang said on Wednesday that the company's advantage in artificial intelligence chips was thanks...
Josh Edelson | AFP | Getty ImagesGoogle is testing facial recognition technology for office security "to help prevent unauthorized individuals from gaining access to our campuses," according to a description of the program that was viewed by CNBC.The initial test...
The iShares U.S. Pharmaceuticals ETF (IHE) is up 9% since July 2015, when it hit a fresh all-time high. That's a 9% gain in nine years. The S & P 500 is up more than 155% over the same time period....
In this photo illustration, the Interactive Brokers LLC logo seen displayed on a smartphone.Igor Golovniov | LightRocket | Getty ImagesInteractive Brokers on Wednesday disclosed a $48 million loss due to a glitch at the New York Stock Exchange earlier this...
Neil Hennessy said investors need to look at value stocks that offer attractive price-to-sales multiples and avoid what he sees as a dying Magnificent 7 trade. The Hennessy Funds CEO said buying the Magnificent 7 , the group of mega-cap...
As oil prices start to climb again on the back of lower inventories and increasing tensions in the Middle East, energy stocks are back in the spotlight. SLB (SLB) has been on our radar for some time and its recent...
The FDA has approved Moderna's RSV vaccine for older adults.Courtesy: ModernaModerna Inc respiratory syncytial virus (RSV) shot mRESVIA showed 50% efficacy in preventing RSV after 18 months, the drugmaker said on Wednesday.In their clinical trials, GSK's RSV vaccine Arexvy was...
Bing Guan | Bloomberg | Getty ImagesMorgan Stanley is pushing further into its adoption of artificial intelligence with a new assistant that is expected to take over thousands of hours of labor for the bank's financial advisors.The assistant, called Debrief,...
Here are the biggest calls on Wall Street on Wednesday: Stifel initiates Tesla at buy Stifel said it's bullish on Tesla for the long term. "We believe TSLA is very well positioned to deliver robust multi-year growth in 2025-27+. In...
