FINANCE

JD Vance says he’s worried about a ‘death spiral’ in the US bond market. Here’s what he’s talking about.

Drew Hallowell/Getty Images JD Vance warned recently of a “death spiral” in the US bond market. Vance’s concerns are tied to the US servicing its

FINANCE

Nike names company veteran Elliott Hill as new CEO; John Donahoe to retire

By Juveria Tabassum (Reuters) -Nike said on Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and

FINANCE

Intel and AWS to expand chip making collaboration, Intel shares surge

By Max A. Cherney (Reuters) -Intel (INTC) and Amazon’s (AMZN) AWS said on Monday they would expand their collaboration, including a co-investment in custom chip

FINANCE

Stock Rotation Is Back on Bets Fed Will ‘Go Big’: Markets Wrap

(Bloomberg) — Wall Street traders revived prospects for a half-point Federal Reserve rate cut this month, driving stocks to their best week in 2024 amid

FINANCE

Tech leads S&P 500, Nasdaq higher as JPMorgan drags Dow lower

A contract dispute between Disney (DIS) and DirecTV still has not reached a conclusion after the media giant pulled its owned and operated channels, including

FINANCE

Billionaires Are Selling Nvidia Stock and Buying Up This Red-Hot Cryptocurrency

Until recently, billionaire investors appeared to have little or no interest in buying Bitcoin (CRYPTO: BTC). But that seems to be changing in 2024. Half

FINANCE

S&P 500, Nasdaq slip as sluggish start to September continues

Gasoline prices have been on a downward trend as oil prices decline and gasoline futures (RB=F) approach three-year lows. The national average at the pump

FINANCE

Investors are headed into the worst time of year for stocks. Here’s why September is brutal for the market.

Adobe Firefly, Tyler Le/BI The S&P 500 has a history of underperforming in September. Volatility rises in the month as traders reposition their portfolios. Several

FINANCE

Dell beats second-quarter revenue estimates on strong AI server demand

(Reuters) -Dell Technologies (DELL) beat Wall Street estimates for second-quarter revenue on Thursday, driven by strong demand for its AI-powered servers amid a recovering personal

FINANCE

Dow closes at record high while S&P 500, Nasdaq slide as tech lags

The Dow Jones Industrial Average (^DJI) notched a record close on Monday while the other two major averages slid as investors weighed the imminent arrival