Nvidia on Wednesday forecast a roughly threefold surge in quarterly revenue that handily beat estimates as the company banked on towering demand for its industry-leading artificial-intelligence chips, sending its shares up 10% after-hours.
What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +0.13%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.38%. Stocks on Wednesday settled mixed, with the Nasdaq...
If JD.com does acquire British electronics retailer Currys, the Chinese ecommerce giant JD.com would get the store and warehouse network it needs to expand rapidly in the UK and Europe, at a bargain-basement price.
The S&P 500 and Dow Jones industrials eked out small gains on Wednesday, while the Nasdaq closed lower for a third straight session as investors awaited the release of Nvidia's earnings that could determine near-term momentum for equities.
Home Depot violated U.S. labor law by barring a retail worker from wearing an apron that said "BLM" in support of the Black Lives Matter movement, a federal labor board ruled on Wednesday.
The S&P 500 and Dow Jones industrials eked out small gains on Wednesday, while the Nasdaq and Dow Industrials closed lower for a third straight session as investors looked toward the release of Nvidia's earnings that could determine the near-term momentum for equities.
(RTTNews) - Amazon.com (AMZN) founder and former CEO Jeff Bezos sold another 14 million shares of his company worth about $2.4 billion. The tech giant's founder has now sold nearly $8.5 billion in Amazon stock this month.
U.S. stocks were lower on Wednesday, with each of the three major indexes on track for a third straight decline, as investors looked toward the release of Nvidia's earnings that could determine the near-term momentum for equities.
What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.26%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.20%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.75%. Stock indexes today are moderately lower, with the Nasdaq...
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The tech-heavy Nasdaq led declines on Wall Street on Wednesday as investors braced for Nvidia's high-stakes earnings report that could hinder this year's AI euphoria if results are not stellar, and awaited minutes from the Federal Reserve's latest policy meeting.
Morning Markets The S&P 500 Index ($SPX ) (SPY ) today is currently down -0.29%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.80%. Stock indexes this morning are moderately lower, with the Nasdaq 100...
Garmin Ltd. GRMN reported fourth-quarter 2023 pro-forma earnings of $1.72 per share, beating the Zacks Consensus Estimate by 22.9%. The bottom line improved 27.4% on a year-over-year basis.Net sales were $1.48 billion, which surpa
Inflation doesn't appear to be coming down fast enough to suggest that interest-rate cuts are around the corner. But that could be a good thing for investors because it means there's still time to buy rate-sensitive stocks that could soar when rate cuts occur. After all, it's a q
Arm Holdings on Wednesday released a new set of blueprints for making chips that it says could cut the time required to develop data center processors to less than a year.
Wall Street dipped on Wednesday as investors braced for chip designer Nvidia's high-stakes earnings report that could hinder this year's AI euphoria if results are not stellar, and awaited minutes from the Federal Reserve's latest policy meeting.
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March S&P 500 E-Mini futures (ESH24) are trending down -0.23% this morning as market participants looked ahead to the release of the Federal Reserve’s January policy meeting minutes while also awaiting quarterly results from chipmaker Nvidia.
Shares of Walgreens Boots Alliance fell 3% in premarket trading on Wednesday after the U.S. pharmacy chain operator lost its spot on the Dow Jones Industrial Average to Amazon, after nearly three years on the blue-chip stock index.
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