Nvidia CEO Jensen Huang will deliver second quarter earnings on Wednesday as demand for processors driving the generative AI era booms.Kim Kulish/Corbis/Getty Images Nvidia’s stellar stock rally isn’t close to over, according to Bank of America. The bank reiterated its $1,500 price target this week, implying another 24% upside for the stock. Nvidia will continue […]
(Reuters) – The S&P 500 and the Dow futures were little changed on Thursday as investors awaited fresh data to gauge the U.S. labor market strength, while the Nasdaq futures inched higher as gains in AI-favorite Nvidia boosted optimism around the tech sector. A tech rally on Wednesday drove the S&P 500 and the Nasdaq […]
(Bloomberg) — European stocks advanced as signs of a cooling US labor market buoyed Federal Reserve rate-cut bets. Treasury yields climbed after their largest two-day drop this year. Most Read from Bloomberg Retailers led the advance in Europe’s Stoxx 600 Index, with Zara owner Inditex SA rallying more than 5% after a stronger-than-expected trading update. […]
It’s just a myth that nonvenomous snakes are the only ones that can climb trees. Yep, you read that right. It’s possible that you may look above and see a copperhead, rattlesnake — or even a coral snake — slithering its way up a tree. Or it may already be wrapped around a limb peering […]
By Kevin Buckland TOKYO (Reuters) – U.S. Treasury yields pushed to a near four-week peak on Wednesday, lifting their Asia-Pacific counterparts and the dollar while pressuring equities, as data sowed new doubts about the timing and extent of Federal Reserve rate cuts. Crude oil rose for a fourth day to reach a four-week high amid […]
Following a challenging legislative session for the University of Idaho’s planned purchase of a private online university, the school’s president remains committed to the purchase and is seeking an extension to have more time to negotiate. University President C. Scott Green told the Idaho Statesman in an interview this month that he hopes to negotiate […]
Following a challenging legislative session for the University of Idaho’s planned purchase of a private online university, the school’s president remains committed to the purchase and is seeking an extension to have more time to negotiate. University President C. Scott Green told the Idaho Statesman in an interview this month that he hopes to negotiate […]
Eli Lilly (NYSE: LLY) stock is already up by about 90% over the past year, and it could climb even higher. BMO Capital analyst Evan Seigerman recently raised his price target to $1,001 per share, which implies a gain of about 24% from recent prices. Seigerman recently noted that soaring demand for Eli Lilly’s weight […]
Stocks hitting their 52-week high and delivering consistent performance offer attractive opportunities to investors while building a portfolio. This is because stocks near that level are perceived to be winners. However, stocks touching a new 52-week high are often predisposed to profit-taking, resulting in pullbacks and trend reversals. Moreover, given the high price, investors often […]
(Bloomberg) — Asian stocks tracked gains in their US peers as an easing in US consumer inflation expectations bolstered the case for the Federal Reserve to cut rates this year. Most Read from Bloomberg Markets in Hong Kong, China, Australia, South Korea and Japan advanced on Monday. US equity futures were little changed. The renewed […]
28/22 NEWS (WBRE/WYOU) — Just as expected, gas prices are higher for Memorial Day weekend. 28/22 News stopped at Al’s Quick Stop in Bear Creek Township on Sunday. 28/22 News Gas Prices Map Gas there costs $3.73 for a gallon of regular. That’s a bargain compared to the statewide average, which, according to AAA, is […]
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks fell on Wednesday as investors digested minutes of the Federal Reserve’s most recent meeting but Nvidia’s shares rose about 6% after the close on the semiconductor bellwether’s stronger-than-expected revenue forecast. The news also drove gains in other chipmakers. Investors had focused on whether Nvidia’s first-quarter results could […]