Nvidia, AI Stocks Catch A Cold After Super Micro Computer Sneezes
Nvidia and other AI stocks fell Friday after Super Micro Computer announced its next earnings date without giving preliminary results.
Nvidia and other AI stocks fell Friday after Super Micro Computer announced its next earnings date without giving preliminary results.
The excuses being concocted by Australian businesses for not accepting cash are becoming more and more ridiculous.
(Bloomberg) -- In a move fitting for one of the largest companies in the world, Apple Inc. just announced the biggest US buyback ever, saying its board approved an additional $110 billion in share repurchases. Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineTurkey Confirms All Trade Halt With Israel Over War in GazaHuawei Secretly Backs US Research, Awarding Millions in PrizesBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaUS and Saudis Near Defe
The move brings CBA in line with NAB, with ANZ now offering the most interest-free days out of the big four banks.
The cost-of-living crisis has hit some harder than others and the pain being dished out is far from over.
Lloyd's of London insurers Hiscox and Lancashire do not expect large insurance claims from the collapse of Baltimore's Francis Scott Key Bridge in March that caused widespread disruption, they said on Thursday. Hiscox does not have direct exposure to the business interruption policy of the port, which is the busiest in the United States for auto shipments, or the property policy covering the bridge, the insurer said in its first-quarter trading statement. Hiscox said it was one of the reinsurers on the International Group of P&I Clubs' ship reinsurance policy, but said it expected its net loss to be "moderate", without giving further explanation.
LTC Properties, Inc. (NYSE:LTC) Q1 2024 Earnings Call Transcript April 30, 2024 LTC Properties, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day. And welcome to the LTC Properties Incorporated First Quarter 2024 Earnings Conference Call. At this […]
LPL Financial Holdings Inc. (NASDAQ:LPLA) Q1 2024 Earnings Call Transcript April 30, 2024 LPL Financial Holdings Inc. misses on earnings expectations. Reported EPS is $3.51 EPS, expectations were $3.77. LPL Financial Holdings Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). […]
Exercise equipment company Peloton (NASDAQ:PTON) will be reporting earnings tomorrow morning. Here's what to look for.
Coinbase posted its second consecutive quarterly profit as crypto trading surged during the first three months of 2024.
The US central bank, the Fed, has again kept interest rates high - at 5.25% to 5.5%. It comes despite the policymaker signaling in January that interest rate cuts were around the corner. Data last week showed inflation hit 3.5% in March, up from 3.2% in February and 3.1% in January - above the Fed's inflation target and higher than expected.
Copper producer Zambia is on the cusp of moving on from its debt default after a nearly four-year-long process. Does its deal with bondholders mean its economy is back on track, or that it is now out of default? Zambia already has deals with its official lenders - ie other countries - making the deal with those holding its three Eurobonds the last stage.
As shoppers tightened their belts, the grocery giant said it had experienced a “noticeable shift” in consumers’ behaviours since Christmas.
Being a bank teller often means you are the first line between folks and their money, even the customers who have a lot of money. As a customer, there are definitely a few key things you should always...
(Reuters) -Pfizer lifted its annual earnings forecast on Wednesday and reported a first-quarter profit above Wall Street estimates, boosted by cost cutting efforts and stronger-than-expected sales of its COVID antiviral treatment. Sales of Padcev, a treatment for advanced bladder cancer Pfizer gained through its $43 billion deal for Seagen, also came in ahead of analysts' expectations. The Seagen deal, as well as its $4 billion cost-cutting plan, are a key part of Pfizer's post-COVID growth strategy.
There's a reason why financial experts recommend saving for retirement as soon as possible -- living on a fixed income can be difficult and it's easy to blow through your nest egg. Daily expenses add...
No matter where you are in your financial journey, the idea of throwing money away is pretty unsettling. Unfortunately, there are several common habits that many of us engage in regularly without...
Macquarie Bank customers only have a few weeks left to access over the counter services.
Cenovus Energy ( TSE:CVE ) First Quarter 2024 Results Key Financial Results Revenue: CA$13.4b (up 9.3% from 1Q 2023...
Shares of Starbucks fell 15% to their lowest in nearly two years on Wednesday, after the coffee chain cut annual forecasts on persistent weak demand from inflation-weary U.S. customers and a slower-than-expected economic recovery in China. Price hikes taken last year have forced customers to ditch cafes and restaurants and instead drink coffee at home, hurting business for chains such as Starbucks. "The inability to stop the traffic leakage from the early signs of pull-back in November to date and the worsening macro and competitive dynamics in China may suggest prolonged challenges and no evidence of light at the end of the tunnel," Danilo Gargiulo, senior analyst at Bernstein, wrote in a note.
When it comes to explaining the power of stock market investing, one example that frequently makes the rounds is how rich you would be now if you had invested in Microsoft when the software company...