Nvidia's $500B AI Financing Plan Faces China Threat
Nvidia's AI infrastructure financing plan may be threatened by China's expanding domestic AI computing capacity
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Nvidia Bears Questioned
Jim Cramer questions bearish sentiment toward Nvidia as CoreWeave's strength lifts neocloud group
What You Missed On Wall Street On Wednesday
The major averages closed higher as major technology names led broad gains as another round of softer-than-expected inflation data eased concerns that the Federal Reserve may need to tighten policy again this month. The producer price index for final demand fell 0.3% in June, driven by a 1.4% decline in goods prices, w
Update: BlackRock Shares Rise After Better-Than-Expected Q2 Results
() -- (Updates with the company's latest stock move in the headline and in the first paragraph.) BlackRock (BLK) shares were up 6.2% in Wednesday trading after the company posted Q2 results that were better than analysts' expectations. The company reported quarterly adjusted earnings of $13.91 per share, up from $12.05
Memory-Chip Selloff Drags Nasdaq 100 Lower, SanDisk Sinks 13%: Stock Market Today
A second straight cool inflation reading and a wave of upbeat bank earnings pushed the Dow and small caps higher by midday Wednesday, even as a selloff across memory-chip and hardware stocks dragged the Nasdaq 100 into the red. Headline producer prices dropped 0.3% in June versus expectations for no change, with the an
Sector Update: Financial Stocks Advance Pre-Bell Wednesday
() -- Financial stocks were advancing pre-bell Wednesday, with the State Street Financial Select Sector SPDR ETF (XLF) 0.5% higher. The Direxion Daily Financial Bull 3X Shares (FAS) was up 1.3% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 1.2% lower. Payments firm Stripe and Advent Inte
Tech Shares Lift Wall Street Pre-Bell; Asia Up, Europe Lower
() -- Wall Street futures pointed moderately higher pre-bell Wednesday, after ASML (ASML) the giant Dutch maker of semiconductor-manufacturing equipment, reported record Q2 earnings and raised guidance. In the futures, the S&P 500 rose 0.1%, the Nasdaq inclined 0.4% and the Dow Jones was even. The VanEck Semiconductor
BlackRock Q2 Adjusted Earnings, Revenue Rise
() -- BlackRock (BLK) reported Q2 adjusted earnings Wednesday of $13.91 per share, up from $12.05 a year earlier. Analysts surveyed by FactSet expected $12.69. Revenue for the quarter ended June 30 was $7.08 billion, up from $5.42 billion a year earlier. Analysts polled expected $6.73 billion. Shares of the company wer
BLK BlackRock RESULTS: Q2, Q2 ADJ EPS $13.91 vs. EST $12.6, Q2 total net inflows $191.7B, Blackrock Earnings Notes:, Market fundamentals are
BLK BlackRock RESULTS: Q2, Q2 ADJ EPS $13.91 vs. EST $12.6, Q2 total net inflows $191.7B, Blackrock Earnings Notes:, Market fundamentals are strong and well supported, with higher margins and earnings momentum catalyzed by new technology, Increasing planned quarterly share repurchases to $550M
Earnings Flash (BLK) BlackRock Posts Q2 Adjusted EPS $13.91, vs. FactSet Est of $12.69
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$BLK BlackRock Q2 Earnings
$BLK BlackRock Q2 Earnings
BlackRock's Q2 Results Seen Supported by Strong ETF Demand, UBS Securities Says
() -- BlackRock (BLK) is expected to deliver strong Q2 results driven by ETF demand, with shares supported by growth potential, margin expansion, and an attractive valuation, UBS Securities said in a note Tuesday. Analysts said they expect strong ETF demand to offset weaker cash and institutional flows, driving organic