What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -0.23%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.05%. Stocks on Friday settled mixed, with the S&P...
A hawkish stance from the Federal Reserve, soaring Treasury yields and a looming government shutdown are adding to a cocktail of risks that has spooked investors and clouded the outlook for U.S. equities.
Wall Street has become particularly bullish about tech stocks this year, with advances in artificial intelligence (AI) sending shares in many companies skyrocketing. The industry has massive potential, projected to expand at a compound annual growth rate of 37% through 2030 per G
Wall Street's main indexes bounced back on Friday as U.S. Treasury yields retreated from 16-year highs, while shares of Ford jumped to a one-week high on news of progress in labor talks with the United Auto Workers (UAW) union.
The rising popularity of artificial intelligence (AI) has caught the attention of just about everybody on Wall Street. Analysts at financial institutions are attending seminars, webinars, and everything in between to try and get a grasp on which companies are making inroads in AI
Splunk Inc. SPLK recently announced that it has inked a definitive agreement to merge with Cisco Systems CSCO. Per the deal, Cisco aims to acquire Splunk for approximately $28 billion. The acquisition is set to be completed by the
What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.43%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.88%. Stocks this morning are moderately higher, recovering from some...
Valkyrie Bitcoin Miners ETF WGMI, which provides exposure to the bitcoin mining industry, has gained about 117% so far this year, becoming the top-performing ETF of the first nine months of 2023.Although most of the stocks in WGMI
The S&P 500 and the Nasdaq made a slight recovery on Friday as Treasury yields retreated from multi-year highs, while shares of Ford jumped on news of progress in labor talks with workers' union.
CrowdStrike Holdings, Inc. CRWD recently raised its outlook for key margins over the next three to five years as the demand for cybersecurity solutions continues to increase amid rising cyberattacks. The company updated the outloo
Infosys' INFY wholly-owned subsidiary, Finacle, has been chosen as the new digital transformation partner by Nigeria's Guaranty Trust Bank (“GTBank”). Notably, GTBank is set to initiate its multi-country digital transformation pro
Wall Street ended sharply lower on Thursday as Treasury yields surged to multi-year highs and investors grew worried that the Fed’s monetary tightening campaign could be in place for longer than expected following the FOMC meeting
Wall Street's main indexes were on track to open higher on Friday after concerns over interest rates battered stocks in the prior session, while investors awaited data and comments from policymakers to assess the Federal Reserve's next steps.
Enthusiasm about artificial intelligence (AI) has driven substantial gains in the stock market this year, and it certainly has investors' attention. The technology is still in the early stages of its development, but Wall Street's estimates about its long-term potential are stagg
The Federal Reserve left its policy interest rate unchanged, as widely expected, in its September meeting. However, all three major indexes declined as the Fed hinted at another rate hike this year as concerns grew that inflationa
Wall Street index futures inched up on Friday after concerns over interest rates battered stocks in the prior session, while investors awaited data and comments from policymakers to assess the Federal Reserve's next steps.