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1 min read
Walmart stock surges to all-time highs as sales jump even as other companies see consumers turn cautious
Walmart's stock soared as much as 8.4% Thursday after reporting strong sales last quarter, even as …
Kelly Cloonan
2 mins read
Elon Musk has 'betrayed' Tesla investors by prioritizing his other companies over the carmaker, Elizabeth Warren says
Elon Musk could be shirking responsibilities at Tesla by focusing on his other companies, Elizabeth…
Jennifer Sor
2 mins read
Tesla tanks 13% after earnings, dragging other EV stocks lower
Tesla missed profit targets for a fourth straight quarter and postponed its Robotaxi event, draggin…
Filip De Mott
1 min read
Apple leads tech sell-off after analyst warns of light iPhone 16 demand
Apple stock was down nearly 3% shortly after noon, with analyst Ming-Chi Kuo warning of lighter iPh…
Kelly Cloonan
3 mins read
Resist the temptation of AI and bet on safe defensive stocks, Wall Street analysts say
AI investing has been all the rage this year, but as macro uncertainty picks up, so have recommenda…
Filip De Mott
3 mins read
Security in NE a concern, India needs to engage with those in power in Bangladesh: Think tank
Former foreign secretary Harshvardan Shringla has said that India needs to engage with those in pow…
PTI
2 mins read
Nvidia stock can climb for the next 12 months, S&P Global analyst says
Nvidia's partners are showing that the AI titan has "strong runway" for at least the next year, on…
Jennifer Sor
1 min read
Nvidia and other chip stocks tumble on report the Biden administration is weighing tighter China trade restrictions
Chipmakers including Nvidia, TSMC and ASML were down on Wednesday as the Biden administration repor…
Kelly Cloonan
2 mins read
An under-the-radar industrial stock is a safe way to bet on the AI boom, Bank of America says
Johnson Controls will generate about $4 billion in revenue from data centers this year, which inclu…
Matthew Fox
2 mins read
These 5 parts of the stock market are most at risk if Trump wins the election and implements wide-reaching tariffs, Barclays says
Donald Trump's pledge to raise tariffs on all US imports will pull S&P 500 earnings into the negati…
Filip De Mott
2 mins read
Bitcoin will surge 117% by year-end if 'crypto president' Trump wins the election, Standard Chartered says
Bitcoin will hit $125,000 by the end of 2024 if Trump wins, and a more moderate but still-record $7…
Filip De Mott
1 min read
Russia stands to lose $6.5 billion a year if Ukraine doesn't renew a gas pipeline deal at the end of the year, report says
Ukraine also stands to lose around $800 million a year if it doesn't renew a gas pipeline deal with…
Jennifer Sor
2 mins read
Stock market today: Indexes rise as stocks whipsaw after inflation-fueled decline
The Dow erased a 600 point loss and the Nasdaq ended more than 2% higher as CPI sent investors on a…
Jennifer Sor
2 mins read
GameStop craters as earnings show sales falling and profits driven mostly by its huge cash pile
GameStop's surprise profit was driven primarily by interest earned on its $4 billion cash pile, rat…
Matthew Fox
2 mins read
Nvidia stock jumps as CEO Jensen Huang looks to address key investor concerns
Productivity gains and immediate cost savings are the core tenets of Nvidia's ROI pitch to its clou…
Matthew Fox
3 mins read
Here's why the stock market is throwing a tantrum about new inflation data
Annual inflation cooled to its lowest level in three years, but the stock market still isn't happy.
Jennifer Sor
1 min read
Ally Financial plunges 19% after CFO says its borrowers are struggling
"Our borrower is struggling with high inflation and cost of living, and now more recently, a weaken…
Matthew Fox
2 mins read
Nvidia stock is on track to double in coming years as AI follows the path of past tech bubbles, portfolio manager says
Nvidia has slid in recent weeks as investors question whether its blistering rally can continue. A …
Jennifer Sor
1 min read
Ventive Hospitality files papers with Sebi to raise Rs 2,000-cr via IPO
Also, the company may consider a pre-IPO placement aggregating up to Rs 400 crore. If such plac…
PTI
3 mins read
4 positives to focus on as recession fears grip the market, Deutsche Bank says
The narrowness of the recent stock sell-off offers one reason to not panice yet, Deutsched Bank sai…