Dow Jones futures edged higher overnight, along with S&P 500 futures and Nasdaq futures. Micron Technology (MU), FedEx (FDX) and Nike (NKE) reported earnings after the close. The major indexes tried to move higher Thursday, but fell back for slight losses. That came a day after the S&P 500 and Nasdaq nearly confirmed their stock […]
Amid a broader market meltdown that has rocked the foundation of the often popular “Magnificent Seven” trade, shares of one key component have avoided falling off a cliff. That is Mark Zuckerberg’s Meta (META). Meta’s stock is the only Magnificent Seven member to be up in 2025, notching a minuscule gain. One could argue that […]
Artificial intelligence (AI) has taken center stage over the past couple of years, and there’s good reason to think this is just the beginning. Developers are still coming up with new applications for the technology, which is being harnessed to create original content, streamline business processes, and increase productivity. It’s still early days for the […]
January’s Consumer Price Index (CPI) saw inflation rise by 0.5% month-over-month and 3.0% year-over-year, as reported by the US Bureau of Labor Statistics (BLS), above economist estimates for 0.3% monthly and 2.9% annually. One particular caveat to this hotter-than-expected inflation print is “this is the month of January, lots of businesses raised prices during this […]
Few stocks have been on a run like SoundHound AI (NASDAQ: SOUN) has over the past year. It rose by more than 1,000% at one point during 2024, though it has come down by about 42% from its December peak. Yet with the stock still up by around 560% since 2024 began, many investors may […]
Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, YouTubeor wherever you find your favorite podcasts. Brinker International (EAT) CEO Kevin Hochman won’t agree with me to put an item called Nvidia (NVDA) chips and guac on the menu — but maybe he should. The former KFC marketing whiz is leading one of the […]
Investors piled into artificial intelligence (AI) stocks last year on optimism that this hot technology would transform every industry — and this powered gains in the three major benchmarks. The S&P 500the Nasdaqand the Dow Jones Industrial Average advanced in the double digits, led by companies developing and using AI. The idea is creators of […]
Wall Street rediscovered its winning ways last week, thanks to some promising inflation data. Investors are now focusing on Donald Trump’s first week back in the White House and another bundle of earnings. It was no surprise to see relatively muted action last Monday and Tuesday, given markets were reeling from a hot December jobs […]
(Bloomberg) — Country Garden Holdings Co.’s shares resumed trading in Hong Kong Tuesday following a nine-month suspension, after the Chinese property giant pledged to clinch a deal with creditors on a debt restructuring plan. Most Read from Bloomberg The shares gained as much as 11% in morning trading after the embattled real estate firm said […]
Wells Fargo in Washington D.C. in the United States of America, on July 12th, 2024. (Photo by Beata … [+] Zawrzel/NurPhoto via Getty Images) NurPhoto via Getty Images Wells Fargo’s stock (NYSE: WFC) posted a better-than-expected set of Q4 2024 results with its stock rising by about 5% in Wednesday’s trading. Net income rose about […]
