The US labor market continues to surprise. Data from Bureau of Labor Statistics out Friday showed there were 339,000 jobs created in May, topping Wall Street estimates for 195,000. This marked the 14th-straight month that job creation came in above what Wall Street economists had expected and the largest monthly […]

Following a strong jobs report, a signed deal to raise the nation’s borrowing limit, and the beginning of the Federal Reserve’s quiet period ahead of its June 13-14 policy meeting, investors will get a reprieve of sorts in the week ahead. Investors reading the Fed tea leaves now see the […]

Nvidia (NVDA) has cemented its status once more as Wall Street’s market darling after an upbeat AI-fueled earnings call and an outlook that rocked the financial models of already bullish analysts. Shares of the chip giant exploded 27% in trading on Thursday as results trounced analyst estimates. The company’s ticker […]

On Thursday, revisions to first quarter economic data showed the economy grew faster than initially expected despite inflation coming in higher than first noted. In the labor market, revisions resulting in part from fraudulent data in Massachusetts show jobless claims aren’t piling up as previously anticipated. Together, the data points add […]

A Real Estate Investment Trust (REIT) is a company that owns, operates, or finances income-generating real estate. REITs provide investors with an opportunity to invest in real estate without directly owning properties, offering advantages such as regular income through dividends, portfolio diversification, potential tax benefits, professional management, and liquidity through […]

DENVER, May 26, 2023 /PRNewswire/ — Palantir Technologies Inc. (NYSE: PLTR) today announced its AIPCon customer conference will be publicly live streamed on June 1, 2023. The exclusive conference will have a particular focus on the rapid adoption of Palantir AIP, bringing together C-suite executives from across Palantir’s current and prospective customers.  Palantir […]

This is The Takeaway from today’s Morning Brief, which you can receive in your inbox every Monday to Friday by 6:30 a.m. ET along with: Did you think Yahoo Finance was done covering Nvidia’s eye-popping week of stock price gains on the back of a mind-bending earnings call and longer-term […]

Investors may not be able to go into the next interest rate meeting with an all clear for a pause. St. Louis Fed President James Bullard told the Financial Times Thursday that he supports raising rates higher as ‘insurance’ against inflation. Bullard – perhaps the most hawkish member on the […]

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google shares are trading higher Thursday amid continued AI momentum, along with reports of Google phasing out third-party cookies for 1% of the users of its Chrome browser in the first quarter of 2024. The Big Tech firm reiterated its pledge to phase out third-party cookies in Chrome more […]

–  1Q23 Gross Margin Improves 320 Basis Points Year-over-Year–  Cash and Cash Equivalents Rises 125% Year-over-Year to $15.4 Million EAST WINDSOR, N.J., May 19, 2023 /PRNewswire/ — Greenland Technologies Holding Corporation (NASDAQ: GTEC) (“Greenland” or the “Company”), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material […]