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 […]
Buying a car nowadays can be an expensive process. (Getty Images) (Witthaya Prasongsin via Getty Images) Buying a car can be an expensive process. Between inflation, gas prices, supply chain challenges and insurance premiums, it may seem harder than ever to get that dream car off the lot. In fact, car-sharing service Turo’s Car Ownership […]
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, […]
Dow Jones futures were little changed Wednesday morning, along with S&P 500 futures and Nasdaq futures. The April CPI inflation report and retail sales are due before Wednesday’s open. Nu Holding (NU), MakeMyTrip (MMYT) and Monday.com (MNDY) were earnings movers. X The stock market rally saw modest to solid gains Tuesday, gaining steam in the […]
The S&P 500 is less than 1% away from its all-time high as of this writing, and it’s entirely possible that it will have broken through to a new high by the time you’re reading this. With the S&P, Dow Jones Industrial Average, and Nasdaq Composite all within striking distance of record levels despite recession […]
April CPI data will be crucial in determining the timing of rate cuts.Photo by Michael Nagle/Xinhua via Getty Images) The Wednesday release of the April CPI report has the potential to shake up the stock market. A cool inflation report would bode well for interest rate cuts from the Fed and vice versa if it’s […]
Artificial intelligence will hit the labor market like a “tsunami,” according to International Monetary Fund managing director Kristalina Georgieva. Since the onset of AI, experts have debated its pros and cons for the workforce. Essentially, could a tool capable of supercharging productivity by automating scores of routine tasks put millions of people out of a […]
Texas is seeing a strong labor market, with record-high employment figures. Business Insider looked at Bureau of Labor Statistics data to check out how pay looks in Texas. Texas’ best-paying jobs are athletes and sports competitors, but around two dozen jobs pay over $175,000 on average. Texas has a booming labor market. March data from […]
(Bloomberg) — Argentines are rushing to banks to apply for mortgages as interest-rate reductions since President Javier Milei took power begin to wake the home-loan market from a six-year slumber. Most Read from Bloomberg “People are very anxious, inquiries overflowed our communication channels and we are overwhelmed,” Daniel Tillard, president of Banco Nacion, the country’s […]
GameStop stock (GME) rose more than 60% on Tuesday, adding to a rally that sent shares of the video game retailer up 74% Monday. Monday’s move, in which the stock rose as much as 110% and was halted for volatility several times during the trading session, followed the reemergence of Keith Gill, also known as […]
GameStop stock (GME) rose nearly 100% Tuesday before pairing gains, adding to a rally that sent shares of the video game retailer up 74% Monday. Monday’s move, in which the stock rose as much as 110% and was halted for volatility several times during the trading session, followed the reemergence of Keith Gill, also known […]
Futures for the Dow Jones Industrial Average and other major indexes were lower Tuesday, as Wall Street reacted to hot inflation data from the Labor Department ahead of comments from Federal Reserve Chairman Jerome Powell. Meanwhile, GameStop (GME) rocketed more than 130% on the stock market today, looking to extend Monday’s big gains. X In […]