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Posts published in “Finance”

Nvidia stock jumps after earnings show AI boom drove profits up 580% last year

Nvidia stock jumps after earnings show AI boom drove profits up 580% last year  CNNStocks making biggest moves after hours: NVDA, ETSY, RIVN, LCID  CNBCNvidia results, forecast beat estimates across the board as China sales slow 'significantly'  Yahoo FinanceNvidia’s sheer dominance can be summed up by this one underrated number  MarketWatchNvidia Earnings Show Soaring Profit and Revenue Amid AI

Nasdaq 100 futures slip after major averages incur back-to-back losses: Live updates

Wed, Feb 21 2024 4:07 PM EST Stocks end Wednesday mixed Wed, Feb 21 2024 4:05 PM EST Here's how much Nvidia matters to major ETFs In this photo illustration, the Nvidia logo is seen displayed on an Android mobile phone. Omar Marques | Sopa Images | Lightrocket | Getty Images Nvidia 's earnings report

Stock market today: Stocks open steady as S&P 500 eyes 5000 mark

The major US stock indexes held steady on Thursday, with the S&P 500 (^GSPC) and Dow Jones Industrial Average (^DJI) narrowly reaching record highs as investors cheered Disney's (DIS) upbeat earnings report and digested other corporate results. The S&P 500 moved up 0.06% for a fresh record high close of 4,997.91. The benchmark index once

Live updates: Another shockingly good jobs report shows America’s economy is booming

Live updates: Another shockingly good jobs report shows America's economy is booming  CNNWhy the market isn't freaking out about the hot jobs number  Yahoo FinanceHere's a close look at the extraordinary U.S. job numbers in January  NPRJobs Growth of 353000 Blasts Past Expectations as Labor Market Stays Hot  The Wall Street JournalJob gains confirm a US economy exceeding expectations  The

Three cheers for the Delaware judge who stood up to Elon Musk

“Was the world’s richest man overpaid?” begins Kathaleen McCormick in her ruling from the Delaware court of chancery. You bet. An incentive package worth up to $55.8bn for Elon Musk at Tesla in 2018 was over the top, unnecessary to secure the great man’s services and thus “unfair” to other shareholders because of the dilutive

NY Community Bancorp Flashes a $560 Billion Real Estate Warning for Banks

(Bloomberg) -- The US commercial real estate market has been in turmoil since the onset of the Covid-19 pandemic. But New York Community Bancorp and Japan’s Aozora Bank Ltd. delivered a reminder that some lenders are only just beginning to feel the pain. Most Read from Bloomberg Donald Trump Loses London Case Against Ex-MI6 Spy

Paul ‘Triple H’ Levesque makes public comments after WWE employee’s sex trafficking accusations against Vince McMahon

Paul “Triple H” Levesque, the chief content officer at World Wrestling Entertainment, made his first public comments after Vince McMahon resigned Friday from the board of WWE’s parent company, TKO Group Holdings, in the wake of a former employee’s lawsuit accusing McMahon of sex trafficking, sexual assault and physical abuse. At a news conference after

Tesla stock plunges as EV maker warns production growth will be ‘notably lower’ than 2023

Tesla stock (TSLA) fell 12% on Thursday after the company reported fourth quarter earnings late Wednesday that missed estimates and issued a downbeat full-year production outlook. For the fourth quarter, Tesla reported top-line revenue of $25.17 billion against $25.87 billion expected; revenue rose approximately 3% from a year ago. Tesla reported adjusted EPS of $0.71