(Bloomberg) — Taiwan Semiconductor Manufacturing Co. projected quarterly sales and capital expenditure ahead of analysts’ estimates, fueling hopes that spending on AI hardware should remain resilient in 2025. Most Read…
(Bloomberg) — Wall Street breathed a sigh of relief after a surprise slowdown in inflation spurred a stock rally and a plunge in bond yields, reinforcing bets the Federal Reserve…
Eli Lilly has announced a $400m reduction in its 2024 revenue forecast, marking a 3% shortfall from its October 2024 guidance. The revised outlook, discussed on the JP Morgan Healthcare…
Shares of Wolfspeed (NYSE: WOLF) are seeing explosive gains in Wednesday’s trading. The silicon carbide specialist’s share price was up 25% as of 1 p.m. ET today amid the backdrop…
Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, YouTube or wherever you discover your favorite podcasts. The explosive move in Rigetti Computing’s (RGTI) stock has its CEO cautioning…
Got an additional $1,000 you desire to to place to work but don’t quite know the way? Don’t make it complicated. Just poach a pick or two (or several) from…
The broader U.S. stock market has enjoyed a remarkable run since artificial intelligence (AI) emerged as a game changer in early 2023. The S&P 500 has rocketed over 50% higher…
Recent data from the Bureau of Labor Statistics out Wednesday showed that a key inflation metric eased for the primary time since July. On a “core” basis, which strips out…
(Bloomberg) — Nvidia Corp.’s $3 trillion run-up in market value within the two years since ChatGPT helped trigger an AI frenzy is larger than any stock rally in history in…
Fresh inflation data released Wednesday is more likely to keep the Federal Reserve on pause during its next policy meeting this month, though a latest reading did show some signs…