- October 13, 2024
China Puts Investor Patience to Test as Briefing Underwhelms
(Bloomberg) — China’s highly anticipated Finance Ministry briefing on Saturday lacked the firepower that equity investors had hoped for, indicating that the volatility that’s gripped
AMD Shares Slide as Investors Wait for Signs of AI Payoff
(Bloomberg) — Advanced Micro Devices Inc. suffered its biggest stock decline in more than a month after the company unveiled new artificial intelligence chips but
Stocks Hit by Tech Rout as War Jitters Lift Oil: Markets Wrap
(Bloomberg) — A selloff in some of the world’s largest technology companies dragged down stocks, extending a slide that was also driven by geopolitical angst
Medicare Mess Sends Humana Shares on Worst Fall Since Financial Crisis
(Bloomberg) — Humana Inc. investors haven’t struggled through anything this bad since the global financial crisis 15 years ago. Most Read from Bloomberg The health
Stocks Falter While Havens Gain on Mideast Strife: Markets Wrap
(Bloomberg) — The persistent rally in stocks was knocked for a loop Tuesday as investors retreated to safer corners of the market when the conflict
Nvidia Stock (NVDA) Is Still a Long-Term Winner, No Matter the Noise
Artificial Intelligence (AI) prodigy Nvidia (NVDA), the world’s third-highest-valued stock, experienced a material decline in market capitalization following its Q2 earnings in late August. However,
Micron forecasts upbeat quarterly revenue as AI boom boosts demand for memory chips
(Reuters) -Micron Technology forecast first-quarter revenue ahead of Wall Street estimates and reported fourth-quarter revenue growth that was the highest in more than a decade
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
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
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