S&P 500, Dow surge to record closing highs as Nvidia sparks AI frenzy
By David French (Reuters) -The S&P 500 and Dow Jones Industrial Average both surged to record closing highs on Thursday,…
Carvana posts first-ever annual profit after it cuts debt, shares surge
By Bhanvi Satija (Reuters) -Carvana reported its first-ever annual profit on Thursday, helped by its pact with bondholders to cut…
Block outlook tops earnings estimates, boosting shares 12%
By Hannah Lang (Reuters) -Shares in Jack Dorsey-led Block surged 12% on Thursday after the payments firm forecast adjusted core…
Yields rise on Fed fears of cutting rates too soon, stocks mixed
By Herbert Lash NEW YORK (Reuters) -Treasury yields rose on Wednesday after minutes from the Federal Reserve’s last meeting showed…
Nvidia to set the tone
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Equity markets across Asia are likely…
TSX down as technology stocks weigh on index
(Reuters) – Canada’s main stock index was dragged down on Wednesday by a drop in rate-sensitive technology stocks, as shares…
Lucid forecasts annual vehicle production below estimates
(Reuters) -Lucid Group forecast annual vehicle production far below analysts’ estimates on Wednesday, on signs that demand for its luxury…
Stocks close lower as Nvidia weighs ahead of earnings
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks ended lower on Tuesday, with the Nasdaq showing the largest declines as…
Dollar dips, China boosts global growth hopes
By Karen Brettell NEW YORK (Reuters) -The U.S. dollar weakened on Tuesday after China cut interest rates in a bid…
Nvidia dethrones Tesla as Wall Street’s most traded stock
By Noel Randewich (Reuters) -Chipmaker Nvidia is replacing Tesla as Wall Street’s most traded stock by value, adding to its…