Tag: fueled

US futures jump, fueled by stellar Alphabet, Microsoft earnings

US stocks were set to bounce back on Friday as Alphabet (GOOG, GOOGL) and Microsoft (MSFT) earnings revived hopes for a Big Tech-led rally. But a key inflation report ahead could put a spoke in the wheel. S&P 500 (^GSPC) futures rose roughly 0.8%, while contracts on the tech-heavy Nasdaq 100 (^NDX) jumped 1%. Futures […]

Jamie Dimon Knew Subprime ‘Could Go Up In Smoke’; Now He’s Worried About An Artificial Economy ‘Fueled by Government Deficit Spending’

Jamie Dimon Knew Subprime ‘Could Go Up In Smoke’; Now He’s Worried About An Artificial Economy ‘Fueled by Government Deficit Spending’ In the chaos of the 2008 recession, perhaps no bank stood more prepared than Jamie Dimon’s J.P Morgan Chase & Co. (NYSE:JPM). In advance of the crisis, Jamie Dimon realized that “underwriting standards were […]

The Murphys want to protect their progressive NJ legacy — fueled by the line

Last week, the two leaders in The House of Murphy offered a unified, macro-defense of New Jersey’s county line system, which gave us a two-term governor from Goldman Sachs. It is best summarized this way: Despite all the complaints from grassroots activists and progressives about the line balloting that gives endorsed candidates an unfair advantage […]

Adobe Drops on Weak Forecast Fueled by AI Competition Fears

(Bloomberg) — Adobe Inc. dropped about 10% in extended trading after giving a weak outlook for sales in the current quarter, fueling concerns that new AI-focused startups pose a competitive threat. Most Read from Bloomberg Revenue will be $5.25 billion to $5.3 billion in the period, the company said Thursday in a statement. Analysts, on […]

Dell Jumps on Server Sales Fueled by Excitement for AI Work

(Bloomberg) — Dell Technologies Inc. gained more than 15% in late trading after reporting better-than-expected sales and profit fueled by demand for information technology equipment to handle artificial intelligence work. Most Read from Bloomberg Known for its PC business, Dell has attracted investor attention over the last year due to a spike in interest for […]