Nvidia (NVDA) reported third quarter earnings after the bell on Tuesday that topped Wall Street expectations once again as the artificial intelligence boom continues to feed demand for the company’s chips. The chipmaker reported adjusted earnings per share of $4.02 on revenue of $18.12 billion, both of which topped analyst […]
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Spencer Platt/Getty Images Financial markets are headed for a “huge crash,” the bearish hedge fund manager Mark Spitznagel says. He told Intelligencer he thought the US was in the biggest credit bubble in history. Bursting that bubble could “burn down the whole forest,” he said. One of Wall Street’s most […]
NEW YORK (AP) — U.S. stocks mostly fell Friday after fears about war in the Middle East collided in financial markets with hopes for stronger profits at big U.S. companies. All the push and pull sent the S&P 500 down by 21.83 points, or 0.5%, to 4,327.78. The Dow Jones […]
TOKYO (AP) — Asian shares mostly declined Tuesday despite a Big Tech rally on Wall Street, as investors looked ahead to data on U.S. consumer prices set for later in the week. Japan’s benchmark Nikkei 225 surged 0.7% in morning trading to 32,686.67. Australia’s S&P/ASX 200 lost 0.2% to 7,176.30. […]
TOKYO (AP) — Asian shares mostly rose Thursday after Wall Street rallied to its best day since June after pressures from the bond market relaxed a bit. Japan’s benchmark Nikkei 225 gained 0.4% in morning trading to 32,146.33. Australia’s S&P/ASX 200 added 0.4% to 7,178.10. South Korea’s Kospi jumped 1.0% […]
NEW YORK — With another tick higher Wednesday, Wall Street added to its big rally for the year following profit reports from a spate of banks and other big U.S. companies. The S&P 500 rose 10.74, or 0.2%, to 4,565.72. After its seventh gain in the last eight days, it’s […]
NEW YORK — Wall Street closed out another winning week with a quiet Friday, as stocks found some stability after sliding the day before. The S&P 500 edged up by 1.47, or less than 0.1%, to 4,536.34 to cap its eighth winning week in the last 10. The Dow Jones […]
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Stocks have rallied this year, and Wall Street’s forecasts have followed the market higher. As Yahoo Finance’s Josh Schafer has chronicled in recent weeks, strategists from several firms […]
Joe Mazzola, director of trading and education with Charles Schwab, joined Cheddar News to discuss Wednesday’s trading session as markets closed mixed. NEW YORK — U.S. stocks drifted to a mixed finish Wednesday, as drops for Microsoft and other big-name tech stocks overshadowed gains across much of […]
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: As we noted here last week, Wall Street has treated the latest version of Washington drama over raising the debt ceiling with a collective shrug. […]
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 […]
NEW YORK — Technology stocks powered solid gains for Wall Street on Friday after another chipmaker reported strong demand related to artificial intelligence. The upbeat finish to the week for major indexes comes amid lingering anxiety over persistently high inflation, the risk of a U.S. debt default and broadly weak […]
Wall Street is having fearful flashbacks to 2015, the last time a political standoff over the nation’s borrowing limit caused the Treasury to postpone one of its regular monthly auctions of long-term debt. Bloomberg’s Liz Capo McCormick reports. NEW YORK — Wall Street fell again Wednesday as stocks tumbled […]
NEW YORK (AP) — Another seemingly listless week on Wall Street came to a quiet close on Wall Street Friday, but big worries continue to roil under the surface. The S&P 500 dipped 6.54 points, or 0.2%, to 4,124.08 to cap a sixth straight week where it moved by less […]
BEIJING (AP) — Asian stock markets were mixed Friday after Wall Street sank on worries about the health of U.S. banks that are under pressure from interest rate hikes. Shanghai declined while Hong Kong and Sydney advanced. Markets in Japan and South Korea were closed for holidays. Oil prices advanced. […]
NEW YORK — Stocks on Wall Street dipped Thursday following mixed earnings reports from big companies and more signals the U.S. economy may be slowing. The S&P 500 fell 24.73, or 0.6%, to 4,129.79. The Dow Jones Industrial Average slipped 110.39, or 0.3%, to 33,786.62, while the Nasdaq composite dropped […]
U.S. stocks rose on Monday, fueling a rebound from Wall Street’s worst week of the year. The S&P 500 (^GSPC) rose by 0.3%, while the Dow Jones Industrial Average (^DJI) gained 0.2%. Contracts on the technology-heavy Nasdaq Composite (^IXIC) increased by 0.6%. The yield on the benchmark 10-year U.S. Treasury […]
U.S. stocks closed mixed Tuesday as a shortened but busy week packed with corporate earnings got underway on Wall Street. The Dow Jones Industrial Average (^DJI) shed nearly 400 points, or around 1.1%, weighed down by bank stocks after Goldman Sachs (GS) posted its largest earnings miss in a decade. […]
Tesla stock is starting 2023 on the wrong foot after the automaker reported a delivery miss for the fourth quarter. Tesla delivered 405,278 vehicles globally for the quarter, missing analyst expectations of 420,760 as compiled by Bloomberg. For the quarter, Tesla produced 439,701 vehicles, a number that exceeded deliveries by […]
THE CITY OF TULSA NOW DOING MORE TO HELP SUPPORT BLACK ENTREPRENEUR SO THEY CAN NOW HAVE A NEW PLACE TO AND GROW THEIR BUSINESSES. IT’S A GOAL OF THE NEW BLACK WALL STREET BUSINESS CENTER. IT COMES COMPLETE WITH MODERN SPACES OFFICES, A REST AREA WITH FREE COFFEE AND […]