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Workspace search string for individual stock moves: STXBZ The Day Ahead newsletter: The Morning News Call newsletter: (.) The Nasdaq fell to near one-month lows on Thursday, weighed by a worsening selloff in AI-linked stocks on fears rising interest rates could impact artificial-intelligence investments, and fresh data
Bitcoin moved up to around $82,600 in morning trading Friday. The article also noted gains in major U.S. stock indexes and moves in Treasury yields and crude oil.
OpenAI, the company behind ChatGPT, expects to burn through $280 billion in cash between 2026 and 2030, mostly on computing power and infrastructure. It projects revenue will climb from $36 billion this year to $350 billion by 2030. According to The Financial Times, the company continues to make substantial losses, as
examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. U.S. stocks ended the week lower despite a Friday rebound, as surging oil prices, rising Treasury yields and growing expectations for a Federal Reserve rate hike pressured equities. The S&P 500 fell
Broadcom reported fiscal third-quarter revenue of $29.6 billion and EPS of $3.32, while AI revenue rose 221% year on year to $16.7 billion. The company guided fiscal fourth-quarter revenue to $34.8 billion.
Nvidia rose 4.71% after hours after reporting fiscal second-quarter revenue of $96.22 billion, above analysts’ roughly $92.2 billion estimate, and guiding third-quarter revenue to $105.84 billion-$110.16 billion.
U.S. equities clawed back Wednesday’s post-Fed losses by midday Thursday, with a blowout cloud print from Microsoft Corp. (NASDAQ: MSFT ) reviving the artificial intelligence trade and dragging beaten-down semiconductor names sharply higher. The Nasdaq 100 led with a 3.1% advance, though a 19-year high in long-dated Tr
Nvidia's strong revenue growth fails to boost stock price, indicating investor expectations may be high. The company's growth is driven by demand for its graphics and AI chips.