TheCryptagon
S&P 500 Slips After Hitting New Record on Stronger Economic Data
The S&P 500 eased slightly from record highs on Thursday as investors balanced stronger U.S. economic growth data with earnings from artificial intelligence leader...
Analysts Boost Nvidia Price Targets Despite Post-Earnings Stock Dip
Nvidia shares fell about 1.8% in premarket trading on Thursday, even after the chipmaker reported stronger-than-expected quarterly results and guidance. Analysts responded by raising...
BNP Paribas: European Hedge Funds Attract Investors Shifting From US
For the first time since 2023, investors are planning to increase their hedge fund exposure in Europe and Asia rather than the United States,...
Nike Plans to Lay Off 1% of Corporate Workforce in Turnaround...
Nike is set to cut around 1% of its corporate workforce as part of its ongoing turnaround strategy under CEO Elliott Hill, according to...
US Stocks Edge Up as Nvidia Dips; Dollar Moves Lower
U.S. stock markets closed mostly higher on Thursday, even as Nvidia shares slipped on concerns about its China business. Meanwhile, the dollar weakened against...
Ford Issues Recall of 500,000 Vehicles Due to Brake Fluid Leak...
Ford Motor has announced a recall of nearly 500,000 vehicles in the United States due to a potential brake fluid leak, according to the...
Fed Governor Cook Takes Trump to Court Over Firing Attempt
Federal Reserve Governor Lisa Cook has filed a lawsuit challenging President Donald Trump’s attempt to remove her from office, arguing that he lacks the...
Intel Awarded $5.7 Billion in CHIPS Act Funding
Intel received $5.7 billion in cash on Wednesday evening, part of a deal negotiated by U.S. President Donald Trump, which gives the government a...
Nvidia Tops Q2 Estimates but Stock Slips on Weak Data Center...
Nvidia (NASDAQ: NVDA) delivered stronger-than-expected second-quarter earnings on Wednesday, but its data center revenue came in slightly below forecasts as U.S. restrictions on H20...
Nvidia Earnings, Tesla’s Europe Sales, Japan Trade Shape Market Moves
U.S. stock futures traded mixed on Thursday, with Nvidia’s results weighing on the tech sector, Tesla posting sharp declines in Europe, and Japan’s trade...
