Nvidia Stock Drops After Rival AMD Gives Uninspiring Outlook
Nvidia stock fell Wednesday after rival AI chipmaker Advanced Micro Devices disappointed investors with its tepid guidance. Semiconductor stocks overall took a bath following quarterly reports from AMD and Skyworks Solutions. Late Tuesday, AMD matched Wall Street’s earnings target for the first quarter but…
US Fed Rate Decision Live Updates: All eyes on FOMC
The US Federal Reserve’s Federal Open Market Committee (FOMC) will decide on the next course of action in America’s monetary policy, today. Fed Chair Jerome Powell will announce the decision to cut or raise interest rates, or to maintain the…
US Fed Meeting Outcome LIVE: Key highlights of Powell-led FOMC decision
-Benchmark interest rates unchanged at 5.25-5.50 per cent, held at 23-year high mark -Fed to not cut rates until inflation move sustainably to two per cent target. -Lack of further progress on inflation, economic outlook uncertain, says Fed -Fed to…
US Fed Meeting Outcome highlights
Powell-led FOMC holds rates steady at 5.25-5.50%, cuts Treasury cap to $25 billion US Fed Meeting Outcome highlights: The US Federal Reserve announced its interest rate decision today after a two-day Federal Open Market Committee (FOMC) meeting, leaving the benchmark interest…
12 Stocks To Buy Now
The fuse has been lit: a massive bull market is underway. Forbes has run the numbers and done the research to come up with some of the best companies poised to surge higher than most in the expansion ahead. Get…
Have Solar Energy Stocks Finally Hit Rock Bottom !!
First-quarter earnings have verified well thus far, but rate-sensitive industries continue to face headwinds Berkshire Hathaway’s Q1 results will be released at its annual shareholder meeting this Saturday Costco’s same-store sales figures come out the following Wednesday, and the retailer…
Exxon Mobil Corp. Q1 Profit Drops, Inline With Estimates
Exxon Mobil Corp. (XOM) released a profit for first quarter that decreased from last year in line with the Street estimates. The company’s earnings totaled $8.220 billion, or $2.06 per share. This compares with $11.430 billion, or $2.79 per share,…
Stock market today: US stocks mixed as traders brace for GDP data and more earnings
US stocks traded mostly lower on Wednesday as traders eyed the release of first-quarter GDP data. Investors are sifting through earnings, with mega-cap tech results rolling in. Tesla rallied Wednesday as traders cheered news of a cheaper vehicle model in…
General Motors’ Q1 2024 Earnings and Beyond
General Motors (NYSE: GM) is a titan within the automotive industry that has started its journey toward an all-electric automotive future. General Motors’ earnings report for the first quarter of 2024 was recently released, providing valuable insights into the automotive giant’s financial health and strategic direction. General Motors’…
Wall Street closes higher as investors digest earnings, megacap outlook
April 23 (Reuters) – U.S. stocks closed higher on Tuesday following positive earnings from top-tier companies and as investors were focused on quarterly results from Magnificent Seven and other megacap growth stocks. Tesla (TSLA.O), opens new tab kicked off the earnings cycle for…