Wall Street hits record highs as US inflation slows to 3.4%, sparking optimism among investors, although concerns linger about potential consumer spending gaps amid weaker-than-expected retail sales growth.
Tags: Stock market
Nvidia Stocks Surpass Microsoft in Becoming Most Valuable in Big Tech Market
Nvidia officially surpassed Microsoft Tuesday (June 18) as the world’s most valuable company after its stock price is valued at $135 per share.
BTS Manager Hybe to Sell $50 Million Worth of SM Management Shares After Failed Takeover Attempt, Beef with ADOR Boss Min Hee-Jin
BTS’s talent agency Hybe is selling 750,000 of its shares with SM Management for a total of $50 million while it is dealing with estranged ADOR CEO Min Hee-Jin.
Nvidia Stock Hits Record High, Lifting Other Tech and AI Stocks
Nvidia's strong earnings report led to major market gains, with the Nasdaq and S&P 500 surging on Thursday, driven by optimism about the ongoing AI rally.
Nvidia Reports Strong Q1 2024 Revenue, Shares Valuing over $1,000 Triggering Stock Split
Nvidia reported a stronger-than-expected first quarter revenue forecast, including an announcement of a stock split after its shares reached the $1,000 mark.
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The SEC is illegally collecting data on all US stock market investors, according to a new lawsuit. The U. S. Securities and Exchange Commission seal hangs on the facade of its building September 18, 2008 in Washington, DC.
S&P 500 and Nasdaq rise, Dow slips. Warner Bros. Discovery halts Paramount merger talks. Apple scraps electric car project. OpenAI fights NYT lawsuit. Norwegian Cruise Line reports a profitable year.
The European index rose 3.1% last week to its highest level since January 2022. Investors in Europe's stock markets are bracing for a flood of earnings reports, data releases, and statements from central banks, with the trading getting off to a shaky start this week.
China's state-owned banks have reportedly interfered to prevent the Chinese yuan from falling quickly.
Morgan Stanley's Chief Investment Officer, Mike Wilson, has offered a stock market playbook for three potential economic scenarios in 2024.
Former President Donald Trump, who once claimed that a Joe Biden presidency would lead to a stock market crash, is now dismissing stock market highs as benefiting the "rich."
India has taken the spot of Hong Kong as the world's seventh-largest stock market. India has taken the spot of Hong Kong as the world's seventh-largest stock market, marking a significant shift in global financial standings.
After a period of shifting between minor gains and losses, the U.S. stocks were lower on Thursday, as a leap in bond revenues urged a selloff in defensive sectors including real estate and utilities while investors circled in mixed earning results and deal news amongst NXP Semiconductors and Qualcomm.
Shares of Blue Buffalo and Air Transport Service gained during the Wednesday trading session while shares of Yelp, Unisys Corp and Zagg Inc lost their shares in the stock market.
