Annabelle Chih / Bloomberg / Getty Images Nvidia CEO Jensen Huang at COMPUTEX 2024, an industry trade show, in Taipei, Taiwan, on June 2, 2024 Key Takeaways Nvidia shares surged …
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Cryptocurrency News
IBM to take $2.7 billion charge related to transfer of pension obligations
by skolnes(Reuters) – IBM (IBM) said on Wednesday it expects a pre-tax charge of nearly $2.7 billion in the third quarter, related to a transaction involving the transfer of some of …
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(Bloomberg) — Nvidia Corp. Chief Executive Officer Jensen Huang, whose products have become the hottest commodity in the technology world, said that the scramble for a limited amount of supply …
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Shares of Nvidia (NASDAQ: NVDA) were moving higher today on several news items, including a cooler-than-expected inflation report this morning, a well-received presentation at a Goldman Sachs conference this morning, …
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Nasdaq, S&P 500 surge as Nvidia leads bounce back from post-CPI sell-off
by skolnesAfter a hotter-than-expected inflation reading on Wednesday, markets have quickly moved to price in a higher likelihood that the Federal Reserve will opt for a small interest rate cut at …
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What a bigger-than-expected Fed rate cut would mean for the stock market
by skolnesAfter a hotter-than-expected inflation reading on Wednesday, markets have quickly moved to price in a higher likelihood that the Federal Reserve will opt for a smaller, more conservative interest rate …
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Stocks previously seen as beneficiaries of former president Donald Trump’s prospects for a second term tanked on Wednesday after a presidential debate between the candidate and Democratic candidate Kamala Harris. …
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AT&T CEO John Stankey thinks his stock’s 5%-plus dividend yield could look juicy as interest rates decline and investors hunt for income. “We have a very attractive dividend out there …
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Shares of lithium giant Albemarle (NYSE: ALB) skyrocketed this morning, surging 16.7% in early morning trading after an industry development triggered a buying frenzy in lithium stocks, which have seen …
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Cryptocurrency News
The latest inflation report keeps the Fed on track for a quarter-point rate cut. Wall Street isn’t satisfied.
by skolnesA fresh reading on consumer prices is likely to keep the Federal Reserve on track to cut interest rates next Wednesday by a quarter percentage point, disappointing some on Wall …