Nvidia (NASDAQ: NVDA) is one of the most closely watched companies in the world. It was once primarily known as a top supplier of gaming GPUs for PCs, but it subsequently evolved into the dominant producer of high-end data center...
The market has soared since the beginning of 2023. The S&P 500 index has posted a total return level of 48% over that time frame, pushing the index's price-to-earnings (P/E) ratio of nearly 29.This is much higher than the long-term...
US stocks held near all-time highs on Wednesday as Jerome Powell's remarks to the Senate buoyed rate-cut hopes, with the Federal Reserve chair set to return to Congress for another day of testimony.S&P 500 futures (ES=F) rose roughly 0.2%, coming...
This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with:The S&P 500 is up 17% so far this year.But as investors have heard time and again, this performance...
Nikola (NASDAQ: NKLA) executed a 1-for-30 reverse stock split on June 25. That unusual move was aimed at preventing the electric semi-truck maker's stock from being delisted from the Nasdaq for slipping below the $1 limit.Nikola's stock now trades at...
It can be tough to buy a stock when its share price is soaring. As the stock gets more expensive, you must cough up more money to own a slice of the business. But there's normally a good reason why...
(Bloomberg) -- Taiwan Semiconductor Manufacturing Co.’s second-quarter sales grew at their fastest pace since 2022, buoyed by the AI boom that’s fueling data center investment worldwide.Most Read from BloombergThe sole supplier of Nvidia Corp. and Apple Inc.’s most advanced chips...
Legendary investor Warren Buffett is well known for making sensible decisions, and one of his favorite oil companies, Occidental Petroleum (NYSE:OXY), stands poised for a potentially significant boost from Republican challenger and former President Donald Trump. Following a disastrous debate...
(Bloomberg) -- European stock futures rose and Asian stocks whipsawed Wednesday, following fresh highs for US equities as traders parsed comments from Federal Reserve Chairman Jerome Powell about the US economy.Most Read from BloombergContracts for the Euro Stoxx 50 gained...
LOS ANGELES (AP) — Lawrence Cheng, whose family owns seven Wendy’s locations south of Los Angeles, took orders at the register on a recent day and emptied steaming hot baskets of French fries and chicken nuggets, salting them with a...
