Nvidia will report earnings for its fiscal first quarter of 2025 after the bell on Wednesday. NVDA has seen remarkable growth this year, with its value surging approximately 90% since the start of the year. This impressive ascent outpaces the $NASDAQ 100 Index(.NDX.US$'s more modest 11% increase during the same period. The broader semiconductor sector has also performed well, climbing roughly 34% year to date, yet Nvidia's exceptional...
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The mystery is over: Warren Buffett's conglomerate, Berkshire Hathaway, has unveiled a substantial holding in insurer Chubb, lifting the veil on an investment that has been shrouded in secrecy since the previous year. Besides, Berkshire reduced its holdings in Apple in the first quarter, but it remains the company's top holding.
Chubb's Secret Unveiled: Jumped 4.71% on Thursday
Berkshire rarely seeks confidential treatm...
Chubb's Secret Unveiled: Jumped 4.71% on Thursday
Berkshire rarely seeks confidential treatm...
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The $S&P 500 Index(.SPX.US$, $NASDAQ 100 Index(.NDX.US$, and $Dow Jones Industrial Average(.DJI.US$ all reached new record highs after April's inflation data indicated a slight decrease, signaling a cooling in inflation.
Read Here: Here's the Breakdown for April CPI, in One Chart
The S&P 500 surpassed the 5,300 mark for the first time, the Nasdaq also set a record, and the Dow closed just shy of the 40,000 threshold. This surge is partly...
Read Here: Here's the Breakdown for April CPI, in One Chart
The S&P 500 surpassed the 5,300 mark for the first time, the Nasdaq also set a record, and the Dow closed just shy of the 40,000 threshold. This surge is partly...
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The stock market is currently amidst another frenzy over meme stocks, ignited by the online reappearance of a pivotal player from the 2020 and 2021 mania. $GameStop(GME.US$ has been one of the biggest winners of the frenzy this week, along with $AMC Entertainment(AMC.US$. Shares of other meme stocks, including $BlackBerry(BB.US$, $On Holding(ONON.US$, $Rivian Automotive(RIVN.US$ and $Kohl's Corp(KSS.US$ have followed suit.
Let'...
Let'...
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As global investment preferences shift, the Utilities SPDR ETF ( $Utilities Select Sector SPDR Fund(XLU.US$) led the US stock market in May, recording a 6.79% gain this month, with a year-to-date return of 13.47%, outperforming the S&P 500 and Nasdaq and propelling the utility sector to be the best-performing sector so far this year.
The US stock market has accelerated its rebound from the April slump, but there has...
The US stock market has accelerated its rebound from the April slump, but there has...
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The $Dow Jones Industrial Average(.DJI.US$ is heading into Friday with a seven-day winning streak, the longest since a nine-day streak in December. Meanwhile, the $S&P 500 Index(.SPX.US$ has also seen gains, closing above 5,200 for the first time since early April.
Investor sentiment has improved recently following signals from the Federal Reserve that an interest rate hike is not imminent, suggesting a limit on interest rates that may be posit...
Investor sentiment has improved recently following signals from the Federal Reserve that an interest rate hike is not imminent, suggesting a limit on interest rates that may be posit...
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Tesla's latest Full Self-Driving version, FSD v12.3, has been under the spotlight since its launch, acclaimed for delivering a driving experience akin to human-like autonomy and hailed as a game changer in AI driving technology. In a move to broaden its user base, Tesla also introduced a one-month free trial for the new FSD system. However, a recent YipitData report indicates a tepid subscription rate of less than ...
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Uber and Lyft's shares were mixed after the companies reported first-quarter results. While Uber Technologies shares were down about 5.7% on Wednesday, Lyft Inc was 7.1% higher.
The ride-sharing industry has been looking for a balance between cost control, driver supply, and promotion strategies. Even though Uber's results fell short of expectations and Lyft exceeded expectations, most analysts m...
The ride-sharing industry has been looking for a balance between cost control, driver supply, and promotion strategies. Even though Uber's results fell short of expectations and Lyft exceeded expectations, most analysts m...
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As artificial intelligence (AI) continues to revolutionize industries, the amount of computational power needed to support the growth of AI is increasing at a rapid pace, doubling approximately every 100 days.
AI and Energy Demand
$Goldman Sachs(GS.US$ has explored the implications of AI on the demand for global power. The bank's global investment research (GIR) team issued a report that suggests power requirements for gl...
AI and Energy Demand
$Goldman Sachs(GS.US$ has explored the implications of AI on the demand for global power. The bank's global investment research (GIR) team issued a report that suggests power requirements for gl...
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ColumnsAs Cash Reserves Fell Below Restrictive Levels, Has the Crisis for Regional Banks Not Ended Yet?
As the financial reports of many major banks in the first quarter of this year fell short of expectations, regional banks with less competitiveness are facing a more difficult operating environment.
Fed's weekly data shows that the cash reserves of small banks in the United States plummeted sharply in April, falling below what is considered to be the constraint levels. This does not include the $126 b...
Fed's weekly data shows that the cash reserves of small banks in the United States plummeted sharply in April, falling below what is considered to be the constraint levels. This does not include the $126 b...
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