By Max A. Cherney-Arm's conservative revenue forecast sparked a selloff in the British chip firm's stock on Wednesday, as investors worried that returns from a spending frenzy on AI computing would be slower to materialize than for chipmakers including Nvidia.Arm...
Baltimore Sun / Contributor / Getty Images Constellation Energy's Calvert Cliffs Nuclear Power Plant on the Chesapeake Bay in Lusby, Maryland.Key TakeawaysNuclear energy stocks soared Wednesday after the largest electrical grid operator in the U.S. said prices at its power...
Nvidia (NVDA) stock rallied more than 12% on Wednesday following better-than-expected guidance from peer AMD (AMD) and a bullish call from analysts at Morgan Stanley after a more than 20% drop in the stock.AMD's quarterly results out late Tuesday quelled...
Getty Images; Chelsea Jia Feng/BIDividend stocks are set to surge as investors deploy $6 trillion from money-market funds, Bank of America says.Investors could be looking to invest their cash as the Fed gets ready to cut interest rates in September.BMO...
(Bloomberg) -- Chevron Corp.’s $53 billion proposed takeover of Hess Corp. suffered another setback as an arbitration hearing to settle an ownership dispute with Exxon Mobil Corp. won’t be held until next year.Most Read from BloombergThe international arbitration panel handling...
(CDs) are a valuable tool for diligent savers. CDs allow you to earn higher interest rates than you would with a traditional savings account, and your returns are guaranteed with a fixed rate throughout your CD’s term. The catch is...
(Bloomberg) -- Qualcomm Inc., the world’s biggest seller of smartphone processors, saw a post-market rally sputter on Wednesday, fueled by concerns that the phone market is recovering more slowly than investors had hoped.Most Read from BloombergThough Qualcomm projected stronger sales...
Meta (META)’s Reality Labs is still bleeding cash.The division, which focuses on the company’s AR, VR, and metaverse initiatives, reported a loss of $4.48B in its Q2 earnings on Wednesday. Reality Labs revenue accounted for less than 1% of Meta’s...
Photo by Cindy Ord/Getty Images for YahooThe stock market could see a 5% gain over the next week, according to Fundstrat's Tom Lee.The rally would be sparked by a dovish Fed FOMC meeting on Wednesday that all but confirms imminent...
Facebook and Instagram parent Meta (META) reported its second quarter earnings after the bell on Wednesday, beating Wall Street's expectations on the top and bottom lines. But the company warned it expects to see "significant" capital expenditures growth in 2025."While...
