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1 min read

Mizuho bumps up Nvidia stock forecast, says earnings this month will be the next big AI catalyst

Mizuho expects Nvidia to generate nearly $200 billion in revenue in 2027, which would be more than …

Matthew Fox   


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2 mins read

With strong growth momentum in India, Asian earnings growth to outpace US and Europe this year: Report

Reserve Bank of India's (RBI) latest monetary policy report predicts a robust growth rate of 7.2 pe…

ANI   


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3 mins read

India's corporate credit quality is getting stronger: S&P Global

S&P Global's analysis reveals that one in three ratings within India now have positive outlooks, ma…

ANI   


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1 min read

Why Fed rate cuts could mean corporate earnings will disappoint

Steep rate cuts would point to a weaker economy, with higher unemployment and less pricing power fo…

Kelly Cloonan   


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6 mins read

Earning forecasts for Q4 FY24: Healthcare and cement companies to shine

In the fourth quarter of FY24, Indian companies that bank on domestic demand would have done much b…

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3 mins read

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   


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Goldman crushes revenue and earnings forecasts as investment-banking fees soar

Goldman's net revenue surged 16% year over year to $14.2 billion as its investment-banking fees and…

Theron Mohamed   


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3 mins read

Teens won $50,000 for inventing a flood forecasting technology they hope can help millions of people at risk worldwide

This year's first place Earth Prize went to four teens for developing a new way to visualize flood …

Jessica Orwig,Jenny McGrath   


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2 mins read

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   


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2 mins read

Stock market today: Indexes inch up as traders get ready for Nvidia earnings

US indexes rose modestly as investors remain sidelined ahead of Nvidia's earnings report on Wednesd…

Filip De Mott   


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2 mins read

Individuals earning over Rs 10 cr rise by 63% in India; financial assets of high net worth individuals to nearly double by 2028

A recent report shows a significant increase in wealthy Indians, with those earning over Rs 10 cror…

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2 mins read

Bristol Myers surges 10%, its biggest increase since 2008, after boosting profit forecast

Bristol Myers Squibb raised profit forecasts and beat revenue estimates amid strong sales for its b…

Kelly Cloonan   


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4 mins read

'An underpriced risk': Wall Street is upbeat but cautious on Nvidia earnings amid chip delays and soaring AI hype

Wall Street analysts see Nvidia earnings beating consensus estimates, though there are worries over…

Filip De Mott   


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2 mins read

Tesla tanks 13% after earnings, dragging other EV stocks lower

Tesla missed profit targets for a fourth straight quarter and postponed its Robotaxi event, draggin…

Filip De Mott   


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4 mins read

Wall Street is bullish on stocks for the 2nd half of the year. Here are each firm's exact forecasts.

Here's a round up of some of the most bullish strategists on Wall Street and their predictions for …

Matthew Fox   


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2 mins read

Stock market today: Indexes dip after Meta earnings and new labor-market data

The losses come despite strong Meta earnings as investors focus on weekly jobless claims data that …

Kelly Cloonan   


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1 min read

Moderna stock tumbles 21% as earnings show people aren't getting as many COVID shots

Moderna lowered its annual sales forecast as sales of its COVID-19 vaccine dropped by 37%, fueled b…

Kelly Cloonan   


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GPT-4 is better than humans at financial forecasting, new study shows

Trading strategies based on GPT-4 delivered more profitable results than the broader stock market, …

Matthew Fox   


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1 min read

Stock market today: Indexes edge higher as traders digest fresh inflation data and bank earnings

JPMorgan, Citi, and Wells Fargo all reported earnings on Friday. Earnings could be the next catalys…

Max Adams   


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2 mins read

AI stocks plunge after AMD gives weak forecast for chip sales

Shares of Super Micro Computer, AMD, and Nvidia erased a collective $143 billion in market value on…

Matthew Fox