For a Federal Reserve chairman who prizes credibility above all other virtues, the market's reaction to Kevin Warsh's remarks Wednesday must have been painful.
As Meta gobbles up land to construct massive AI data centers, CEO Mark Zuckerberg says there's a balancing act when it comes to deciding whether to sell excess capacity or to preserve it.
Tourmaline Oil Corp. (TRMLF) came out with quarterly earnings of $0.51 per share, missing the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.98 per share a year ago. These figures are adjus…
Cactus, Inc. (WHD) came out with quarterly earnings of $0.81 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.84 per share a year ago. These figures are adjusted for no…
UFP Industries (UFPI) came out with quarterly earnings of $1.48 per share, beating the Zacks Consensus Estimate of $1.44 per share. This compares to earnings of $1.7 per share a year ago. These figures are adjusted for …
Omega Healthcare Investors (OHI) came out with quarterly funds from operations (FFO) of $0.83 per share, beating the Zacks Consensus Estimate of $0.8 per share. This compares to FFO of $0.77 per share a year ago. These …
Tree.com (TREE) came out with quarterly earnings of $1.27 per share, missing the Zacks Consensus Estimate of $1.46 per share. This compares to earnings of $1.13 per share a year ago. These figures are adjusted for non-r…
On July 20, Yemen's Houthi rebels declared a naval blockade against Saudi Arabia, widening the front of the US-Iran war. Three days later, strikes on two Saudi tankers in the Red Sea pushed Brent above $100 per barrel f…
Samsung Electronics extended its record run with second-quarter operating profit topping analysts' estimates, as robust artificial intelligence demand continued to drive growth in its memory chip business.
Perseus delivers strong operational performance with cash & bullion increased to US$1 billion
CrowdStrike Holdings Inc (CRWD) moved up by 6.40%. The Software & IT Services sector is up by 0.98%. The company outperformed the industry. Top 3 stocks by turnover in the sector: Microsoft Corp (MSFT) down 1.11%; Alpha…
The Fed opted to hold interest rates steady at the second meeting led by Chairman Kevin Warsh. But between his commentary about inflation and the dissenting coalition of policymakers, investors are growing increasingly …
As OpenAI chases rival Anthropic in the enterprise and tries to sustain growth in the face of new competition from cheaper open-source alternatives, the artificial intelligence company is seeking to reassure staffers th…
The Federal Reserve on Wednesday followed through on expectations for no interest rate change, and Chairman Kevin Warsh offered little direction in his news conference. The meeting was notable for a surge in dissenting …
The S&P 500 Index ($SPX) (SPY) on Wednesday closed down -1.52%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -2.19%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -2.06%. September E-mini S&P futures …
The S&P 500 Index ($SPX) (SPY) today is down -0.71%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -1.53%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.98%. September E-mini S&P futures (ESU26) are down -0…
The dollar index (DXY00) is down by -0.02% today. The dollar recovered from overnight losses and is little changed after crude oil prices surged more than +6% when President Trump said the US will "hit Iran hard" after …
And I think American Express (AXP) investors have been handed the latter. The payments giant beat earnings expectations, raised its full-year revenue guidance, and reported its strongest card member spending growth in t…
September arabica coffee (KCU26) on Wednesday closed down -13.60 (-4.01%), and September ICE robusta coffee (RMU26) closed down -104 (-2.68%).
September ICE NY cocoa (CCU26) today is down -48 (-0.92%), and September ICE London cocoa #7 (CAU26) is down -14 (-0.36%).
The Dow Jones Industrial Average fell more than 1,000 points on Wednesday after the Federal Reserve decided to keep interest rates steady while U.S. oil neared $85 per barrel.
On July 29, the Federal Reserve announced its decision on interest rates following its two-day policy meeting.
Qualcomm reported fiscal third-quarter earnings on Wednesday that were in line with analyst expectations, but it provided light guidance for current-quarter earnings on in-line revenue, blaming the ongoing supply crunch…
Starbucks on Wednesday raised its full-year outlook after reporting its fourth straight quarter of same-store sales growth.