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Intel plunges 30%, most since 1982, after announcing layoffs and weak guidance
Intel's stock plunged Friday after the company announced plans to lay off 15,000 workers.
Kelly Cloonan
Wall Street seems to love Apple's latest guidance on the new iPhone and Chinese demand
"Our view is betting against Cook and Cupertino into an AI-driven supercycle led by iPhone 16 and A…
Matthew Fox
More Gen Zers are ditching college, and they want better guidance on how to succeed without it
A Gallup survey found that, even as a growing number of Gen Zers choose to skip college, their high…
Ayelet Sheffey
Nvidia stock can climb for the next 12 months, S&P Global analyst says
Nvidia's partners are showing that the AI titan has "strong runway" for at least the next year, on…
Jennifer Sor
Why the stock market's AI trade came back to life this week
Oracle cofounder Larry Ellison said the AI spending race will go on "forever" as the cost of large …
Matthew Fox
Wall Street says Nvidia's post-earnings dip is an 'invitation to buy'
"We think the sell-off is an opportunity to accumulate the stock. This is not the internet bubble,"…
Matthew Fox
Nvidia's stock can't keep up with otherworldly expectations
An across-the-board earnings beat wasn't enough to satisfy investors, who have gotten used to the c…
Jennifer Sor
Stock market today: Indexes slip before Nvidia reports highly anticipated earnings
Stocks dipped as traders eagerly awaited the chip giant's results. Wall Street expects Nvidia to re…
Jennifer Sor
Super Micro Computer plunges 27% as it delays key filing a day after scathing short-seller report
The sharp decline knocked nearly $150 off Super Micro Computer's stock price to the $400 level, rep…
Matthew Fox
Stock market today: US stocks slip as traders count down to Nvidia earnings
"For equities, all attention is now on Nvidia's earnings release tonight," Deutsche Bank strategist…
Jennifer Sor
Nvidia earnings could spark a nearly $300 billion swing in the stock, Goldman says
"The bar for Nvidia this earnings season is a lot lower than it has been in recent quarters given f…
Matthew Fox
Stock market today: Indexes rise as investors mull jobless claims and prep for Jackson Hole meeting
Indexes rose Thursday as investors digested a slight increase in jobless claims ahead of the Fed's …
Kelly Cloonan
Stock market today: Stocks rise as traders await Jackson Hole and payroll adjustment locks in rate bets
Revised jobs data show that the economy added 818,000 fewer jobs than initially forecast. Stocks en…
Jennifer Sor
Tech stocks tumble after Accenture guidance signals weak demand ahead
India’s tech stocks pack slipped down a slippery slope on Friday morning trade after tech major Acc…
The 2024 Great Unbossing — Desi Edition: How is global trend of firing mid-level managers taking shape in India
The idea of unbossing, or firing middle-level management in a bid to have flatter reporting structu…
Walmart stock surges to all-time highs as sales jump even as other companies see consumers turn cautious
Walmart's stock soared as much as 8.4% Thursday after reporting strong sales last quarter, even as …
Kelly Cloonan
Stock market today: Stocks notch fresh records as the Fed affirms guidance for rate cuts
The S&P 500 surpassed 5,200 for the first time as the Fed affirmed three rate cuts are likely comin…
Jennifer Sor
Stock market today: Indexes climb as producer inflation comes in cool
Stocks jumped after a cool PPI reading for July, setting the stage for consumer price inflation to …
Max Adams
2 trades to make now amid 6 economic pitfalls ahead, according to a Bank of America chief strategist
Higher unemployment, the yen carry trade, the unwinding of AI trade are a few of the biggest concer…
Laila Maidan
'Unbelievable demand' for weight-loss drugs sends Eli Lilly stock soaring 14% after earnings
"We just see unbelievable demand, and we're not even trying that hard to promote this drug. We're n…