Earnings Calendar Spotlight: Fast-Growing Micron Rides AI Wave To Big Profits
Micron is back in growth mode, helped by strong demand from cloud providers, which use high-bandwidth memory in AI data centers.
Micron is back in growth mode, helped by strong demand from cloud providers, which use high-bandwidth memory in AI data centers.
"The poor are most definitely not poor because the rich are rich."
Finance expert Ben Nash details how to avoid tax and build your retirement nest egg with these super tricks.
Aussies are using less and less cash with the drop recorded across ages, incomes and locations.
Up to 400,000 households will see ‘very large increases’ of more than 50 per cent in mortgage repayments
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Treasurer Jim Chalmers has given his tick of approval for the major banking takeover.
(Bloomberg) -- From the growth of get-rich-quick schemes to becoming a make-or-break factor for outperformance, Nvidia Corp.’s latest market roller coaster is a cautionary tale of the importance of the AI chip-maker in the $9.2 trillion US ETF complex.Most Read from BloombergSupreme Court Poised to Allow Emergency Abortions in IdahoSpaceX Tender Offer Said to Value Company at Record $210 BillionBolivia’s President Arce Swears in New Army Chief After Coup BidChina’s Finance Elite Face $400,000 Pa
(Bloomberg) -- Australia’s sovereign wealth fund has called time on using government bonds to diversify equity exposure and instead favors hedge funds to balance risk in its A$223 billion ($149 billion) portfolio.Most Read from BloombergSupreme Court Poised to Allow Emergency Abortions in IdahoSpaceX Tender Offer Said to Value Company at Record $210 BillionBolivia’s President Arce Swears in New Army Chief After Coup BidChina’s Finance Elite Face $400,000 Pay Cap, Bonus ClawbacksSupreme Court End
What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
Aerospace and defense company AeroVironment (NASDAQGS:AVAV) reported Q1 CY2024 results topping analysts' expectations, with revenue up 5.9% year on year to $197 million. On the other hand, the company's full-year revenue guidance of $805 million at the midpoint came in slightly below analysts' estimates. It made a non-GAAP profit of $0.43 per share, down from its profit of $0.99 per share in the same quarter last year.
Nvidia stock is back on the road to recovery, but investors have come face-to-face with a potentially bubble-bursting truth: Every stock can fall.
Around three million UK households will see their mortgage repayments rise over the next two years as high interest rates continue to take effect, the Bank of England has said. As many as 400,000 homes are likely to experience "very large increases" of more than 50%, its financial policy committee said. Interest rates have been brought to a near two-decade high of 5.25% in an effort to clamp down on price rises behind the cost of living crisis.
The worst fears of household borrowers could soon be realised as the Reserve Bank grapples with stubbornly persistent price pressures.
We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Yahoo Finance's Josh Schafer joins Asking for a Trend to break down his biggest takeaways from the trading day. Amazon has reached a $2 trillion market capitalization for the first time, making it the fifth tech company in the US to do so. Schafer is also focused on weekly jobless claims. The data is set to be released Thursday at 8:30 a.m. ET, and he notes that the last month of data has been higher. He explains that another hotter-than-expected print could be cause for concern: "As people get laid off, they're going to go and file for unemployment benefits at some point, most likely. So you start to get a little bit more sense of what's actually happening. This is one of the key indicators when people talk about recession risk, if jobless claims tick up. That's where the big concern hits." For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Melanie Riehl
There are various reasons why someone may want to start a business in their golden years. Perhaps they're retired and miss the workforce. Maybe they've always nurtured a passion for entrepreneurship...
Meridian Funds, managed by ArrowMark Partners, released its “Meridian Hedged Equity Fund” first quarter 2024 investor letter. A copy of the same can be downloaded here. Risk assets continued to rise while market volatility remained low in the first quarter, perhaps indicating that investors are becoming somewhat complacent. In the quarter, the fund appreciated 5.46% […]
Growth revised higher for the first quarter but millions face end of fixed-rate deals
After 7 years of working for Nvidia’s CEO Jensen Huang, the chipmaker's outgoing VP said that her boss taught her about the importance of first principles thinking, zero-billion dollar markets and speed-of-light execution.
The company also plans to complete a review of FedEx Freight by the end of the calendar year.