Yahoo Finance Dow Jones Futures Rise; Nvidia Stock Tops 1,000 On Earnings, Other AI Plays Rally
Nvidia earnings boomed and the CEO touted the "next industrial revolution." Will the AI chip leader lift the market rally?
Nvidia earnings boomed and the CEO touted the "next industrial revolution." Will the AI chip leader lift the market rally?
Aussies have rushed to ATMs all over the country to withdraw thousands in cash – here’s why so many are doing it.
The small business laid bare just how much customers were paying in card surcharges.
The woman from Brisbane is urging others to look out for the red flags she missed. Read more here.
Clawback After firing a number of Twitter staff in Australia, the platform's new owner Elon Musk is threatening to take them to court, demanding to claw back payments after claiming the company had overpaid them. Twitter, which Musk has since renamed to X, fired much of its remaining staff stationed in Australia in January 2023. […]
The multi-billionaire had campaigned for the payout, which is worth up to $56bn.
"The bottom line is that the extreme concentration of returns in the S&P 500 makes investors more vulnerable to single headlines impacting the one stock driving index returns."
It's easy to look at self-made millionaires and think -- simply by viewing their surface-level achievements alone -- that they must have always been good with money to get where they are today. In...
Baked into the expectations for Tesla and Nvidia stock are the vision that a single player will dominate a revolutionary industry, facing little competition, virtually in perpetuity.
An expert has shared the five best - and five worst - things you can do this tax time to get the best possible return.
Shanghai Technology Exchange (STEX), China's first permanent market for trading intellectual property rights to technologies, plans to open a Hong Kong branch, as the nation searches for ways to help domestic companies access global knowledge. The outpost is expected to open next year, enabling Chinese firms to buy technologies from overseas entities and raise funds, STEX chairman Xie Jihua told the South China Morning Post during a media briefing in Shanghai on Thursday. It marks the latest eff
Apple (AAPL) closed Thursday with a market capitalization that surpassed Microsoft's (MSFT) for the first time since January, making it the most valuable US company. Yahoo Finance's Seana Smith and Brad Smith report more on the story and some of the tailwinds for the tech giant. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
(Bloomberg) -- Charles Schwab Corp.’s Omar Aguilar is eying a fresh spurt in asset growth — up to 20% a year — after its investment management arm surpassed a $1 trillion milestone on surging markets and voracious demand for cost-effective funds.Most Read from BloombergSouthwest Plane Plunged Within 400 Feet of Ocean Near HawaiiFlesh-Eating Bacteria That Can Kill in Two Days Spreads in JapanWells Fargo Fires Over a Dozen for ‘Simulation of Keyboard Activity’Yes, Everyone Really Is Sick a Lot Mor
Yahoo Finance spoke to Lawler at the Deutsche Bank Global Autos Conference in midtown Manhattan this week. Here's what he said about the demand for hybrid vehicles, EV adoption, profitability, and more.
One real estate expert says, “this is just the beginning.”
Annuities are often recommended by advisors as good options for retirees, and in some cases, they can be appropriate. The positive features of annuities include the potential for lifelong income,...
Stock markets are trading mixed after an eventful week of economic data releases and corporate announcements. Ryan Detrick, Carson Group's Chief Market Strategist, joins Market Domination Overtime to discuss market outlooks. Detrick emphasizes that the market's focus is primarily on inflation, with "some big-time improvements" emerging that are steering the economy back toward pre-pandemic levels. He notes that this week's data points have showcased "disinflation" taking place, although the broader public may not fully recognize it yet. Turning his attention to the impact of current conditions on consumers, Detrick believes that "the top 40% who truly drive the economy are still in good shape, ....and we continue to think the consumer is fairly healthy overall and it should still lead to a bull market." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
It's Friday morning, but even the stock market can't afford to take a three-day weekend! Morning Brief Hosts Seana Smith and Brad Smith guide investors through the leading industry stories and into the day's market open. Wall Street and tech investors are abuzz about Tesla (TSLA) and what CEO Elon Musk's pay package — valued at around $46 billion in the company's current stock price — is indicating about the future growth of the EV maker. Wedbush Securities Managing Director & Senior Equity Analyst Dan Ives details his latest forecast stipulating Tesla's market cap could be over $1 trillion in 2025. Clean Energy Transition CEO and Portfolio Manager Per Lekander later chimes in on why he believes Tesla is "the biggest stock market bubble in history" and that it could be "the next Enron." In stock news, Apple (AAPL) continues to hold the most valuable company title at the open after it's market cap surpassed Microsoft's (MSFT). France's CAC 40 (^FCHI) exchange takes a hit, falling by well over 2% as political tensions over France's snap election create unease in the market. This post was written by Luke Carberry Mogan.
(Bloomberg) -- The yen fell and Japanese sovereign bonds advanced after the Bank of Japan said it would reduce debt purchases but delayed providing details until its next policy meeting.Most Read from BloombergWells Fargo Fires Over a Dozen for ‘Simulation of Keyboard Activity’Southwest Plane Plunged Within 400 Feet of Ocean Near HawaiiTesla Investors Get Behind Musk’s Fight for $56 Billion Pay DealBump Stock Ban Tossed Out by Supreme Court in Gun-Rights WinApple to ‘Pay’ OpenAI for ChatGPT Thro
Tesla's largest outside investor Vanguard said it voted in favor of CEO Elon Musk's $56 billion pay package, citing the company's performance, contributing to the passage of the record-setting arrangement on Thursday. In a note seen by Reuters, Vanguard said it had voted against Musk's compensation package when it was first approved by shareholders in 2018 because of its potential size, which might not have been justified by performance. But "given the strong alignment of executive pay with shareholder returns since 2018 and the benefits the board asserted related to the motivational value for the CEO in preserving the original deal," Vanguard-advised funds voted for the ratification at Tesla's annual meeting, according to the note.
One major Aussie bank has made a major call on when the next rate cut will kick in – and it’s not all good news.