The fear of missing out — aka, FOMO — can lead to shocking excesses on Wall Street. So-called bubbles can push stocks so high that you start to believe that the sky’s the limit. Right now, it looks like Nvidia (NASDAQ: NVDA) can do no wrong, and its share price has risen accordingly. If you […]
Despite its dwindling reservoir amid Iowa’s continued drought, Osceola will open its aquatic center and water its municipal golf course greens this summer, although it is taking some creativity to accomplish those goals. Another Iowa public water supply experiencing drought-related supply issues, the Regional Water Rural Water Association in Avoca, has seen an improvement the […]
On a Wednesday afternoon stuffed with tech earnings news, the biggest surprise was Snowflake’s announcement that CEO Frank Slootman had decided to retire, effectively immediately, handing over the reins to Sridhar Ramaswany, who has been leading the company’s AI business. Slootman has been at the helm of Snowflake for nearly five years, steering the company […]
China’s Alibaba is pledging to inject new energy into its e-commerce department as it tries to hold off new e-commerce entrants like Temu-owner PDD Holdings and TikTok-owner ByteDance. On Wednesday, Alibaba reported underwhelming results for the last quarter of 2023, sending its U.S.-listed shares down by 5.9% despite a $25 billion share buyback program. Revenue […]
The Irish Labour Party has criticised Sir Keir Starmer for his “disappointing” stance in relation to Gaza and asked him “to turn the course on it”. Labour TD Aodhán Ó Ríordáin said Sir Keir Starmer was effectively “cheerleading” the military offensive in the enclave, as the death toll climbs above 25,000. Both the UK Conservative […]
In this video, I will go over Intel‘s (NASDAQ: INTC) fourth-quarter earnings report. The company reported a beat on top and bottom lines, but guidance for next quarter fell well below analysts’ expectations. The chip giant still has a long way to go to get back to its previous leadership position. *Stock prices used were […]
Spring is months away, but as warmer weather arrives we can expect a familiar sight at garden centers and nurseries in New Jersey: a wide offering of non-native woody plants and perennials from foreign landscapes. These plants may be attractive, with blooms or fall colors that stand out in gardens, or easy to grow for […]
Citigroup reported a net loss for the fourth quarter of $1.8 billion, amounting to a loss of $1.16 a share. The loss comes after Citigroup previously disclosed a litany of one-time charges, which included a $780 million charge due to severance and other costs related to its restructuring efforts. Citigroup reported revenue of $17.4 billion. […]
Trump is far outpacing everyone else when it comes to congressional endorsements. But two DeSantis backers in Congress say it’s mostly because Republicans are scared of their voters. “Too many of my Republican colleagues operate out of fear,” said Rep. Chip Roy of Texas. The majority of former President Donald Trump’s support in Congress is […]