Wall Street is waiting for Friday’s CPI report, which could determine whether the Federal Reserve raises interest rates next week. August CPI is expected to rise 0.4% from July and…
The Japanese yen has soared in the past few weeks, and is now hovering near its highest level since February this year. The USD/JPY pair has dropped to 154.17, down…
US stocks fell for a third straight session on Wednesday as rising oil prices and Treasury yields added to investor concerns over inflation and the Federal Reserve’s interest-rate path. The…
Adobe stock (NASDAQ: ADBE) has beaten Wall Street expectations consistently, but investors seem unimpressed. The Photoshop maker reports fiscal third-quarter results after the US market closes on Thursday, with analysts…
Nvidia stock (NASDAQ: NVDA) is sitting less than 5% below its record high, but the next catalyst arrives on September 10. Chief executive Jensen Huang will participate in a fireside…
Coherent stock has done well, helped by the recent investment by Nvidia and the growing revenue trajectory. COHR has jumped by 260% in the last 12 months and 380% in…
Wall Street closed slightly lower on Monday as investors weighed renewed uncertainty over the reopening of the Strait of Hormuz, rising oil prices and a busy week of inflation data…
Foreign investors continued pulling money from Asian equities in July, but the headline outflow masks a striking shift underneath: capital moved away from the region’s biggest AI winners while selectively…
The popular iShares 20+ Year Treasury Bond ETF (TLT) has slumped into a correction as its outflows rose and as long-term US bond yields rose. It is also under pressure…
Crude oil prices rose on Hyperliquid as Iran issued a list of demands for reopening of the Strait of Hormuz. WTI perpetual futures jumped to $77.67, while Brent, the global…
Wall Street’s concerns that artificial intelligence would trigger a “SaaSocalypse” for enterprise software companies are facing a fresh test as a series of stronger-than-expected earnings reports has sparked a sharp…
Micron Technology MU shares fell more than 1.8% on Friday as investors weighed fresh investment plans from South Korean memory chip maker SK Hynix alongside a more cautious outlook for…
Retail crypto trading has cooled, but the dollar-pegged tokens underneath it are having their best year. “In the past 12 months, there’s been over 300 million unique users of stablecoins,…
D-Wave Quantum shares QBTS fell about 5% on Thursday after the quantum computing company reported second-quarter revenue and earnings that missed Wall Street expectations, overshadowing a sharp increase in customer…
Wall Street ended lower on Thursday as investors paused after this week’s record-setting rally, weighing a fresh round of corporate earnings alongside renewed uncertainty over developments in the Middle East.…
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