US stocks ripped higher on Friday, rebounding from a steep mid-week sell-off. The stock market surge accelerated after dovish comments from Fed president Austan Goolsbee. Investors are concerned about a potential government shutdown and a hawkish tilt by the Fed. US stocks rebounded strongly on Friday from a steep mid-week sell-off, with the gains accelerating…
US stocks jumped on Friday, partly driven by Broadcom’s blowout earnings report. Broadcom’s AI revenue soared 220% this year, helping drive its stock up 18% on Friday. Investors are eyeing the Fed meeting next week, anticipating a 25 basis point rate cut. US stocks jumped on Friday, with technology stocks leading the market higher after…
Bank of America downgraded AMD on Monday, citing higher competitive risk in the AI market. AWS customers’ low demand for AMD AI chips and Nvidia dominance impact AMD’s growth potential. AMD could still succeed due to Nvidia supply issues and its server chip market position. Bank of America downgraded AMD after a Business Insider report…
US stocks ended Friday mixed, with the S&P 500 rising to an all-time-high. Investor optimism rose after jobs data fueled optimism about the economy and future rate cuts. Traders see higher odds of another rate cut in December, the CME FedWatch Tool shows. US stocks ended mixed on Friday, though the S&P 500 rose to…
BEIRUT — Insurgents breached Syria’s second-largest city, Aleppo, after blowing up two car bombs Friday and clashed with government forces on the city’s western edge, according to a Syria war monitor and fighters. Residents were fleeing neighborhoods on the city’s edge because of missiles and gunfire, according to witnesses in Aleppo. The insurgents’ advance on Aleppo…
US stocks surged on Friday with the Dow Jones rising 426 points amid risk-on trade momentum. Bitcoin neared $100,000, driving speculative asset interest alongside stock market gains. Nvidia’s earnings and a low-volatility week contributed to the positive market outlook. US stocks jumped on Friday, with the Dow Jones surging 426 points to a record close…
US stocks were up on Friday as the market headed for a weekly gain. The US dollar, meanwhile, surged to its highest since November 2022. Earnings season has nearly concluded with 77% of S&P 500 firms beating third-quarter profit estimates. US stocks rose Friday, with traders looking to cap off a solid week of rebounds…
Elon Musk set a new wealth record after a Tesla stock surge since the election. The CEO of Tesla and SpaceX has grown $118 billion richer this year, fueled by Tesla’s 42% jump. His net worth was also boosted by a new funding round for his AI startup, xAI. Elon Musk just broke his wealth…
Bluesky has seen a surge in users after the US election and as X introduces new terms of service. The app offers familiar features, making it a smooth transition from X. Here’s how to get started on Bluesky. Bluesky is having quite the week as millions of people flock to sign up in the wake…
Nvidia stock will replace Intel in the Dow Jones Industrial Average, S&P Dow Jones Indices said Friday. Intel had held the position for 25 years, and the shift represents a shake-up among the tech titans. Business Insider’s Emma Cosgrove explains why the move matters for the broader AI ecosystem. Thanks for signing up! Access your…