By Liangping Gao, Ellen Zhang and Marius Zaharia BEIJING/HONG KONG (Reuters) – China’s central bank has shifted to a more aggressive easing stance, but its policy weapons don’t have the…
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Nvidia CEO Jensen Huang.I-Hwa Cheng/AFP/Getty Images US stocks reached new records on Tuesday, led by gains in Nvidia. A weak consumer confidence reading caused indexes to briefly drop early morning.…
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Nvidia stock jumps on report CEO Jensen Huang is done selling shares after $713 million windfall
by skolnesSlaven Vlasic/Getty Images for The New York Times; Chelsea Jia Feng/BI Nvidia stock closed 4% higher on a report that CEO Jensen Huang is done selling shares. Huang raked in…
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By Kevin Buckland TOKYO (Reuters) – Chinese stocks surged on Wednesday, lifting regional markets and helping extend a stimulus-fueled global rally that also underpinned risk-sensitive currencies, while Brent crude hovered…
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(Bloomberg) — Asian shares rose as a rally fueled by China’s wide-ranging stimulus package lifted equities for a second day and strengthened the yuan. Most Read from Bloomberg Chinese stocks…
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How stocks can roar by 10% into year-end, Citi US equity-trading head says
by skolnesBusiness Insider The stock market could jump as much as 10% by the year-end, Citi’s stock-trading strategy head said. Stuart Kaiser told Bloomberg TV that the uber-bull case is now…
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A laid-off Foot Locker employee shorted the stock and made over $100,000, authorities say
by skolnesFinancial watchdogs charged a 56-year-old New Yorker with insider trading on Tuesday, alleging the executive knew in advance that Foot Locker’s disappointing earnings would trigger a stock selloff. In total,…
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Today I’m having a look at Costco and Target; two fellow big box retailers. Shares of retail powerhouse Costco (COST) have risen about 63%% over the past year, while Target…
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The US Justice Department went after Visa (V) on Tuesday in a federal antitrust lawsuit alleging that the company illegally used the scale of its vast card processing network to…
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Nvidia stock’s 20% drop is actually a good sign for the market, strategist says. Here’s why
by skolnesTony Roth, chief investment officer for Wilmington Trust Investment Advisors (MTB), spoke with Quartz for the latest installment of our “Smart Investing” video series. Watch the interview above and check…