Nvidia is back in business with China. So is AMD. The Biden-era export controls on advanced AI chips used to be the cornerstone of America’s tech advantage. But they have…
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GE Aerospace stock price continued its strong uptrend, reaching its all-time high of $265 on Tuesday. It has risen in the last five consecutive days, bringing the year-to-date gains to…
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Business
Jerome Powell asks inspector general to review Fed’s $2.5B renovation project
by adminby adminThe Federal Reserve has brought in its inspector general to review a building expansion that has drawn fire from the White House, according to a source familiar with the issue.…
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Netflix stock price pulled back this month as investors waited for the upcoming earnings. NFLX retreated to a low of $1,260 on Monday, down from the year-to-date high of $1,340.…
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Stock
JPMorgan stock in focus as Q2 results beat estimates, posting $15 billion in income
by adminby adminJPMorgan stock remained in focus on Tuesday after the company posted another strong quarter, even as the broader environment remained choppy. The bank reported $15 billion in net income for…
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Business
Some Walmart garment orders from Bangladesh on hold due to U.S. tariff threat
by adminby adminLONDON/NEW YORK, July 11 (Reuters) – Suppliers to Walmart WMT.N have delayed or put on hold some orders from garment manufacturers in Bangladesh, according to three factory owners and correspondence…
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Electric vehicle (EV) manufacturer Rivian Automotive Inc. (NASDAQ: RIVN) has come under pressure from Wall Street, with Guggenheim downgrading the stock from “Buy” to “Neutral,” and removing its previous $16…
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Kenvue stock rises on CEO exit as company launches strategic review and warns of lower sales
by adminby adminKenvue, the Johnson & Johnson spinoff that owns brands such as Tylenol and Benadryl, announced Monday that Chief Executive Officer Thibaut Mongon has stepped down. Kenvue shares were up by…