Why is CoreWeave stock crashing 16% on Wednesday?
CoreWeave shares CRWV and bonds came under heavy pressure on Wednesday as investors grew increasingly concerned about the…
Economy
Evening digest: US CPI lifts Fed bets as oil rises and gold, Bitcoin fall
US financial markets faced renewed pressure on Wednesday as hotter-than-expected underlying inflation reinforced expectations of further Federal Reserve…
Nasdaq closes 1.8% lower as as hotter CPI fuels Fed rate hike fears
US stocks closed lower on Wednesday as hotter-than-expected inflation data increased expectations of further Federal Reserve interest rate…
Walmart stock rises as Deutsche Bank upgrades shares to buy
Walmart stock WMT rose in premarket trading on Thursday after Deutsche Bank upgraded the retailer to Buy from…
Nasdaq falls 1.2% as AI sell-off deepens on inflation and Fed rate fears
Wall Street opened lower on Thursday as persistent inflation concerns and growing doubts over artificial intelligence spending weighed…
Will higher interest rates slow AI spending soon? Here’s what investors must know
Stocks across the world are selling off again on Thursday in an already brutal week for AI stocks,…
Gold holds above $4150 despite wholesale inflation shock
Gold prices held firmly above $4,150 an ounce after staging an intraday recovery on Thursday, with a weaker…
US wholesale inflation surges to four-year high as energy prices remain elevated
US wholesale inflation accelerated sharply in September, reaching its highest annual level in more than four years and…
Gold dips below $4100 as stronger US inflation data spikes rate hike odds
Gold prices slid to session lows on Wednesday as hotter-than-expected US inflation data strengthened concerns that interest rates…
Netflix announces layoffs: another sign of distress?
Netflix (NFLX) is laying off about 6% of its global workforce, or roughly 1,000 of its employees, adding…
Why are Dell and HPE stocks plunging today?
Shares of Dell Technologies (DELL), Hewlett Packard Enterprise (HPE) and NetApp (NTAP) fell in trading on Wednesday after…
Jim Cramer reveals his favourite post-earnings bank stocks
Influential investor Jim Cramer is sticking with Goldman Sachs (GS) and Wells Fargo (WFC) after their Q3 earnings…
Why Nvidia shares have fallen over 2% on Wednesday?
Nvidia NVDA shares fell more than 2% on Wednesday as hotter-than-expected US inflation data triggered a broader market…
Why is BlackRock cutting US stock exposure and upgrading Treasuries now
BlackRock has reduced its exposure to US equities and increased its allocation to US Treasuries as rising bond…
Morgan Stanley stock selloff cools ahead of earnings, options market targets $205
Morgan Stanley stock has slipped substantially in the past few weeks as enthusiasm about mergers and acquisitions (M&A)…
Micron, SK Hynix stocks continue fall on CXMT threat; Cathie Wood, Musk weigh in
Shares of memory chipmakers Micron MU and SK Hynix continued to fall on Tuesday as concerns over China’s…
Apple reclaims $5 trillion market cap: what’s driving Tuesday’s rally?
Apple APPL shares touched an all-time high on Tuesday and reclaimed $5 trillion market capitalization as the iPhone…
Microsoft stock trades near record highs: here’s why
Microsoft (MSFT) shares climbed on Tuesday, putting the stock on track for a record closing high as the…