Nvidia’s Market Value Nears $2.3T, Boosting CEO’s Pay and Employee Salaries Nvidia Corp’s (NASDAQ:NVDA) CEO Jensen Huang received a 60% pay boost last fiscal year. His compensation reached $34.2 million courtesy of the artificial intelligence frenzy. Huang’s pay package included $7 million more in stock awards than the previous year, a $4 million cash bonus, and an […]
Dell Technologies (DELL) is “the best way to play” the artificial intelligence infrastructure build-out, investment bank Morgan Stanley said Wednesday. Dell stock jumped on the news. X Morgan Stanley analyst Erik Woodring reiterated his overweight, or buy, rating on Dell stock and raised his price target to 152 from 128. He also calls Dell stock […]
GameStop stock (GME) tanked 25% Wednesday as a rally among meme names showed signs of fading. Shares of the video game retailer are coming off a two-day short squeeze. GameStop stock gained more than 180% in the prior two sessions. AMC stock (AMC) also fell 17% Wednesday after the theater chain operator rose 95% over […]
“We’re both in good health and get yearly exams with our primary-care physician, dermatologist, and optometrist.” (Photo subjects are models.) – MarketWatch photo illustration/iStockphoto Dear MarketWatch, My husband is 59 and I am 49. We would like to retire together in 2030, when he is 65 and I am 55. He earns $315,000 a year […]
PayPal Holdings (NASDAQ: PYPL) is struggling, and one doesn’t have to go far to find examples. For starters, for years PayPal’s top line increased at a double-digit percentage rate. But for the past couple of years its growth rate has been much more pedestrian, with the company’s revenue only increasing by 9% in the most […]
Copper prices hit a record high on Wednesday and have gained around 30% in 2024, fueling rallies for top copper mining stocks Newmont (NEM) and Freeport-McMoRan (FCX). X On Wednesday, copper futures gained for a fifth straight session, up more than 1% to $4.94 per pound, according to CME Group, hitting a record $5.17 per […]
By Milana Vinn NEW YORK (Reuters) – The 35-year-old Bank of America investment banker who died from a blood clot earlier this month wanted to leave the U.S. bank because he was working more than 100 hours a week, according to an executive recruiter who spoke with him about seeking a new job. Junior banker […]
Now that we’ve had time to digest the April jobs numbers, some strategists are getting worried about the economy’s mid-term outlook. The jobs report showed 175,000 new jobs added in the month – but that was the lowest gain in the past six months, and was accompanied by an uptick in unemployment, from 3.8% to […]
All eyes were on Shopify (NYSE: SHOP) last week as it reported its first-quarter earnings results. With the stock up over 120% in the lead-up to the earnings release, investors had high expectations, so its weak outlook was met with severe consequences. Shopify stock has plunged 24% since then. Is this short-term dip a buying […]
Futures for the Dow Jones Industrial Average and other major indexes rose Wednesday, as investors reacted to a mild inflation report that offers further guidance on interest rates. Meanwhile, meme stocks GameStop (GME) and AMC Entertainment (AMC) cooled off on the stock market today after two straight sessions of massive gains. X In premarket action, […]
US consumer price increases cooled during the month of April, according to the latest data from the Bureau of Labor Statistics released Wednesday morning. The Consumer Price Index (CPI) rose 0.3% over the previous month and 3.4% over the prior year in April, a slight deceleration from March’s 3.5% annual gain in prices and 0.4% […]
US stocks held steady on Wednesday, eyeing fresh record highs as a soft reading on consumer prices fueled hopes that the Federal Reserve could cut interest rates sooner than expected. Futures on the Dow Jones Industrial Average (YM=F) rose about 0.4%, while those on the S&P 500 (ES=F) were 0.5% higher. Contracts on the Nasdaq […]