James Gorman, Morgan Stanley’s former CEO, just bought a big chunk of Disney stock. On Wednesday, the day after Disney’s stock slumped, Gorman paid $2.1 million for 20,000 shares, an average price of $106.03 each. He now owns 20,467 Disney shares, according to a form Gorman filed with the Securities and Exchange Commission.
You won't have to spend years saving tens of thousands to get a foot on the ladder.
The ATO has expanded its data-matching programs and can use it to pick up people doing the wrong thing.
Australia's economic outlook isn't as hellish as you might think, but it's not heavenly either.
Nvidia's quarterly results blew away estimates again on Wednesday, and as the company moves to its next-generation chips its CEO sees supply, not demand, serving as its biggest challenge.
Home Depot earnings showed Wall Street with what to expect from Lowe's.
RBC Capital Markets Software Equity Analyst Rishi Jaluria and Macquarie Head of US AI and Software Research Frederick Havemeyer join Market Domination to discuss the best AI plays outside major tech companies and chipmakers. Havemeyer says that cybersecurity companies will benefit from the AI race and points particularly to CrowdStrike (CRWD). "While they're not selling generative AI themselves, we think that the advent of generative AI is making it much easier for attackers to exploit a lot of things," he explains. He says that CrowdStrike is well positioned to defend against those attacks. Jaluria points to Zoom (ZM) as an "underappreciated AI play," as it uses the technology as a tool to aid salespeople or HR representatives in analyzing behaviors. "I think about those use cases, maybe even verticalizing them for the Contact Center, where Contact Center Zoom has been getting a great amount of success," he explains. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
Prices rose at 2.3% in the year to April, down from 3.2% the month before, official figures said.
It is usually uneventful when a single insider buys stock. However, When quite a few insiders buy shares, as it...
Lenders can adjust a person's borrowing power and the breed can also influence their decision.
James Wrigley said one section in particular will ensure the money will last for 'generations'.
Shares rose 4% after the bell as the data cloud analytics company also said it plans to acquire technology assets and hire 35 employees from TruEra, an AI observability platform. The company had in April launched Snowflake Arctic, a large language model that draws from massive amounts of text to generate responses to queries and is optimized for complex enterprise workloads. The company forecast product revenue in the range of $805 million to $810 million for the second quarter, above analysts' average estimate of $785 million, according to LSEG data.
Key Insights The projected fair value for Teck Resources is CA$77.86 based on 2 Stage Free Cash Flow to Equity With...
Stocks face two big tests in Nvidia's pivotal earnings report and minutes from the Federal Reserve's last meeting.
Data warehouse-as-a-service Snowflake (NYSE:SNOW) announced better-than-expected results in Q1 CY2024, with revenue up 32.9% year on year to $828.7 million. It made a non-GAAP profit of $0.14 per share, down from its profit of $0.15 per share in the same quarter last year.
(Bloomberg) -- BHP Group just won an extra week to convince Anglo American Plc on its $49 billion takeover plan. But the world’s biggest miner still must resolve the deal’s most intractable obstacle: What to do about South Africa?Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceNvidia Delivers on AI Hype, Igniting $140 Billion Stock RallyCiti Trader Got 711 Warning Messages Before Sparking Flash CrashTech Up in Late Hours as Nvidia Emboldens AI Bulls: Markets WrapAf
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...
The Indian market has shown robust performance, with a 3.7% rise over the past week and an impressive 44% climb over the last year. With earnings expected to grow by 17% annually, companies with high insider ownership might offer valuable stability and growth potential in this flourishing environment.
European stocks started the day on May 21 with a slightly weaker note, marking a retreat from their recent impressive performance, with attention now shifting towards the upcoming earnings report from NVIDIA. The Stoxx 600 index dipped by 0.2%, showing a predominantly negative trend across most sectors, while futures for US equities remained relatively unchanged. […]
U.K. fintech Vitesse has closed a $93 million Series C round of funding led by investment giant KKR. KKR said it's making the investment through its Next Generation Technology Growth Fund III, a $3 billion fund it closed last year. Founded out of London in 2013, Vitesse is the handiwork of Paul Townsend and Phil McGriskin, who had sold an e-commerce payments company called Envoy to WorldPay back in 2011.
Rising US home prices are heightening the housing affordability crisis for Americans, especially first-time buyers.
Yahoo Finance