Former Cisco CEO John Chambers says AI will be the reason for the stock market's surge in the next decade, citing Nvidia's success following their AI-driven projects.
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GameStop plummeted 26% on the stock market on May 17 after a week-long attempt to sell up to 45 million shares.
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.
The SEC is illegally collecting data on all US stock market investors, according to a new lawsuit.
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.
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.
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.
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.
Indian stock markets recorded gains from continuous buying support from foreign institutional investors (FIIs). Encouraging global cues also led the stocks gain on Indian bourses. The latest institutional support made the best three-session rally since September 2013.
PBOC governor Zhou Xiaochuan is confident to say that China's economy is healthy along with the assurance that yuan will not be devalued again and that the country has enough monetary tools to support the economy.
