Yahoo Finance Chipmaker AMD Delivers In-Line Q1 Earnings Report, Q2 Outlook
Chipmaker Advanced Micro Devices matched Wall Street's earnings target for the first quarter but sales were a tad light.
Chipmaker Advanced Micro Devices matched Wall Street's earnings target for the first quarter but sales were a tad light.
STR/NurPhoto via Getty ImagesTrump Media & Technology Group, the company that owns Truth Social, on Monday posted an alarming loss and less than $1 million in revenue in its first quarter since going public. Trump Media, which began trading in March under the ticker symbol DJT, reported $770,500 in revenue—crediting its “nascent advertising initiative”—down from $1.1 million last year. However, it also reported a net loss of $327.6 million during the first three months of the year, compared with
Most retirees live on a fixed income, so they look for ways to cut down on expenses and save money. This isn't always easy to do, especially if you already feel like you're living with the least...
(Bloomberg) -- Seafood restaurant chain Red Lobster filed for bankruptcy, succumbing to onerous leases, high labor costs and a disastrous unlimited shrimp promotion. Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovySpeedier Wall Street Trades Are Putting Global Finance On EdgeJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall Street Turns Bullish on US Stocks
(Bloomberg) -- Gold trimmed gains as traders booked profits after prices surged to a record on increasing optimism over the Federal Reserve’s monetary policy and rising geopolitical tensions in the Middle East.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’Speedier Wall Street Trades Are Putting Global Finance On EdgeOne of the Last Big Bea
(Bloomberg) -- The Philippine central bank warned it will intervene in the currency market after the peso dropped past the key 58-per-dollar level.Most Read from BloombergHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyASML and TSMC Can Disable Chip Machines If China Invades TaiwanIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall Street Turns Bullish on US StocksAuthorities will s
(Bloomberg) -- Copper surged to its highest-ever level, extending a months-long rally driven by financial investors who’ve piled into the market in anticipation of deepening supply shortages.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’Speedier Wall Street Trades Are Putting Global Finance On EdgeOne of the Last Big Bears on Wall Street T
If you've taken the advice to save as much money as in an emergency fund or other form of savings, you should feel entitled to take out money when needed. That's what it's there for, after all. Learn...
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.
Investors are bracing for Fed minutes and Nvidia earnings in coming days that could test the recent rally in stocks.
The spending appetite of consumers remains a key source of uncertainty for the Reserve Bank as the battle against inflation rages.
Canadian banks are expected to set aside money for challenging days, which will hurt quarterly earnings, as investors await commentary on how the lenders will navigate a prolonged high interest-rate environment that has dented credit growth. The exception is Canada's No. 1 bank, Royal Bank of Canada, whose recent acquisition of HSBC's domestic unit is expected to benefit the bank. Some banks in the group - which includes TD Bank, Bank of Montreal, CIBC, Bank of Nova Scotia and National Bank of Canada - are also undergoing some management shakeups, with two new CFOs expected to address analysts in conference calls following the results.
Morgan Stanley’s Mike Wilson previously called the $8 trillion market drop in 2022, due to a combination of “fire and ice.”
Investing.com -- Shares in Palo Alto Networks (NASDAQ:PANW) tumbled more than 8% in premarket U.S. trading on Tuesday, after analysts flagged that the group's latest billings forecast disappointed elevated expectations.
Copper and gold made record highs in Asia trade on Monday and silver surged over $30. Gold's 18% rally over the year to date has been attributed, variously, to Chinese buying, global political tension and expectations that U.S. rates will start to fall soon, seen as a boon for a metal that does not pay a yield at all.
More mortgage holders are experiencing hardship as interest rates rise and cost-of-living pressures bite. And banks aren't doing enough to help them.
After working for most of your adult life, the last thing you want to do is stress about your finances and paying hefty bills in your golden years. You want to enjoy your retirement after committing...
Investing.com-- The Reserve Bank of Australia considered increasing interest rates during its May meeting, the minutes of the bank’s meeting showed on Tuesday, as it grappled with a sticky outlook for inflation.
The Under Armour meltdown continues.
If your budget is stretched to its limits, you can get some relief by reducing expenses. But where should you start? Mike Sullivan, personal financial consultant and spokesperson for Take Charge...
It's not just about NVDA anymore, according to analysts at Bank of America on Monday, with the firm stating that fundamentals are broadening out.