Nvidia’s upcoming earnings could send the entire stock market higher as the AI frenzy continues on Wall Street
Nvidia CEO Jensen Huang.Kim Kulish/Corbis/Getty ImagesNvidia reports earnings next week, and the chip maker's results alone could swing the stock market.This is according to Gene Munster of Deepwater, who cited Wall Street's craze over AI."All eyes are on their data
VinFast’s $65 Billion Valuation De-SPAC Overtakes Ford and General Motors
(Bloomberg) -- VinFast Auto Ltd. has soared in its public start, outperforming its market value beyond General Motors Corp. and Ford Motor Co., as traders flipped shares of the electric automaker.Most Read from BloombergThe Vietnamese company, which went public in
Warren Buffett bought 3 new shares – all of which the ITB ETF owns
Warren Buffett He is widely recognized as the greatest investor of all time, so when he buys new stocks, investors tend to pay attention. According to the latest 13F filing, which was released yesterday, Buffett's Berkshire Hathaway initiated deals
SE Equity: Sea Crash in a Quarterly Miss
Internet service company in Southeast Asia Sea Ltd. (SE) on Tuesday to its lowest level since November 2022 after reporting second-quarter revenue that fell short of analysts' expectations. SE stock is down nearly 29% on the day. X The Singapore-based company
The best ratios for withdrawing from your retirement account, according to Edward Jones
A couple looks at their retirement plan while sitting in their kitchen. One of the most important retirement decisions is choosing how much you want to withdraw from your savings. You need to take just enough to meet your
Spot stock dips after CEO Roger Hochschild’s exit
Shares of Discover Financial fell more than 9% on Tuesday after the Riverwoods-Ill. Roger Hochschild is stepping down as CEO, effective immediately.The company said after markets closed Monday that John Owen, a board member and former chief financial officer
Jim Cramer believes that people who say AI is hype are “just kidding themselves”
2023 has been a strong year for US markets so far, with the S&P 500 (INDEX: .INX) up 17%. This has led tech giants like Apple company (NASDAQ: APPL), up 43.06% year-to-date Meta Platforms Inc(NASDAQ:FB) up over 143% year-to-date.But
The debate over interest rates at the Fed is shifting
(Bloomberg) -- As Federal Reserve officials near the end of their tightening campaign, the debate is shifting from how high interest rates need to be to how long they should stay high.Most Read from BloombergInflation pressures are easing, which could
China is cutting the rate by the most since 2020 as economic woes worsen
(Bloomberg) -- China's central bank unexpectedly cut its key interest rate by the most since 2020 to prop up an economy that faces new risks from deteriorating real estate and weak consumer spending.Most Read from BloombergThe People's Bank of China
The future of the Hawaiian Electric Company is in doubt after the billion-dollar collapse
(Bloomberg) -- The Hawaiian Electric Company, which supplies energy to nearly 95% of the state's population, traces its roots back to 1891, just a decade after King Kalākaua met Thomas Edison to see the incandescent light bulb. Now, the
$138 billion from China’s shadow bank spirals into a terrible time for Xi
(Bloomberg) - Zhongzhi Enterprise Group Co., Ltd. In 1995 as a timber company, it has grown into a financial conglomerate with more than 1 trillion yuan ($138 billion) in management. Now it risks becoming the latest Chinese financial
Buffett’s Berkshire Hathaway unveils new homebuilding bets with stakes of DR Horton, Lennar and NVR
Warren Buffett's Berkshire Hathaway (BRK-A, BRK-B) revealed new positions in three US homebuilders on Monday, sending shares of each firm higher as the billionaire bets on the US housing market.DR Horton (DHI), Lennar (LEN), and NVR (NVR) all rose Monday