Stocks closed lower Wednesday after the Federal Reserve left its key interest rate unchanged amid persistent inflation, as investors prepared for a slew of earnings reports from major technology companies.
Christopher McMahon, CEO of Aquinas Wealth Advisors and author of “Faithful Finances”, spoke with Quartz for the latest installment of our “Smart Investing” video series.
World shares are mixed after China rolled out more moves to boost its lagging stock markets. Hong Kong fell while Shanghai's benchmark gained 0.5%. Officials in Beijing said pension funds
The partnership formed by Oracle, OpenAI and SoftBank is due to invest up to $500 billion. SoftBank's shares rose 3.7% on Thursday in Tokyo trading after jumping 11% the day before. Elsewhere in Asia, the S&P/ASX 200 in Australia fell 0.6% to 8,383.50, while the Kospi in Seoul lost 0.8% to 2,526.98.
Netflix, Oracle and other technology stocks lifted U.S. indexes as their profits pile higher and excitement builds around the moneymaking prospects of artificial intelligence. The S&P 500 rose 0.6% Wednesday and closed just shy of the record it set in early December.
U.S. stock indexes rose on Wednesday due to stronger-than-expected earnings from major tech companies and growing optimism for AI.
Netflix, Oracle and other tech stocks lifted U.S. indexes as their profits pile higher and excitement builds around AI's moneymaking prospects.
The Dow Jones Industrial Average advanced more than 39% over the same period, while the tech-heavy Nasdaq Composite jumped nearly 46%, according to Dow Jones Market Data. However, the Dow and the Nasdaq saw their worst returns since George W. Bush’s ...
The shock to financial markets came from China, where a company called DeepSeek said it had developed a large language model that can compete with U.S. giants but at a fraction of the cost.
Investors flocked to defensive stocks on Monday, helping flip the Dow Jones Industrial Average (^DJI ... floor plans,” DR Horton (DHI) CEO Paul J. Romanowski said on an earnings call last ...
After Jake Paul's victory over Mike Tyson drew an insane amount of viewers to Netflix, crashing the service for many of them, everybody wanted to know who "The Problem Child" was going to take on ...
Jake Paul says he hopes Dana White didn't lose $250 million dollars because they don't get along, after the MMA CEO shut down talk of a fight night between Conor McGregor and Logan Paul.