Finance
This agentic AI company is growing like a weed. SoundHound AI‘s (SOUN 0.50%) stock has rallied by more than 230% over the past 12 months. The developer of AI-powered voice- and audio-recognition tools impressed investors with its accelerating sales growth, bold acquisitions, and guidance boosts. But is SoundHound AI’s stock still worth buying at these…
Wall Street’s broader market averages traded in the green on Friday as market participants shrug off concerns about the U.S. government shutdown for the third day. Pushing higher was the blue-chip Dow (DJI) as it had climbed up by 0.9%. Also tracking higher on Friday was the benchmark S&P 500 (SP500) as it advanced by…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Can’t kill the vibe We’re heading into day three of the government shutdown, and politicos and investors alike are eager for signs of progress on Capitol Hill….
Things may be getting dicey for the stock market. Bank of America chief investment strategist Michael Hartnett pointed out that inflows into global equities and high-yield bonds over the past four weeks make up 0.9% of assets under management for the company’s clients. That’s dangerously close to triggering a contrarian sell signal. “When inflows to…
Check out the companies making headlines in premarket trading. USA Rare Earth — The rare earth miner jumped 8.8% after CEO Barbara Humpton told CNBC that the company is in “close communication” with the White House. GameStop — The meme stock fell 2.7% after the company said in a filing it’s selling a combination of…
My top 10 things to watch Friday, Oct. 3 1. Boeing problems: The planemaker’s new 777X widebody jet is now set to make its commercial debut in early 2027 instead of next year, Bloomberg reported this morning. That delay could expose Club name Boeing to sizable non-cash accounting charges. Safety certification work is taking longer…
MANILA, Philippines (AP) — Asian shares were mixed on Friday after heavy buying of tech shares led benchmarks on Wall Street to more records. US. futures and oil prices were higher. Markets have largely shrugged off the shutdown of the U.S. government after Democrat and Republican lawmakers failed to … Source link
Nikada/E+ via Getty Images Asia stocks trade mixed on Friday due to ongoing market holidays and a general pullback in technology shares. In contrast, Japanese markets rallied sharply, climbing to near-record highs ahead of a key ruling party vote that will determine the country’s next Prime Minister, and Source link
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. government shutdown tops investors’ agenda next week as markets head into the seasonally strong fourth quarter, with equities near record highs bracing for an earnings-season test later this month. A deep partisan rift in Washington led to a federal government shutdown that risks delaying crucial economic…
Tesla sales surged to a record in the third quarter as American buyers rushed to buy its cars before a $7,500 federal tax credit expired on September 30. The company sold a record 497,099 vehicles worldwide from July through September, a tally just ahead of the company record set in the final three months of…