What began as a banner day for stocks turned into a major rout, as investors signaled ongoing skepticism about the longevity of the artificial intelligence boom and trimmed hopes of…
-
-
Bitcoin and ether slumped to multi-month lows on Friday, with cryptocurrencies swept up in a broader flight from riskier assets as investors worried about lofty tech valuations and bets on…
-
Stock
Novo Nordisk shares plunge as oral semaglutide Alzheimer’s trial fails to show clinical benefit
by adminby adminShares of Novo Nordisk fell sharply on Monday after the company announced that a high-profile trial testing whether its oral semaglutide medicine could slow the progression of Alzheimer’s disease had…
-
The S&P 500 Index was highly volatile last week as market participants reacted to key statements from Federal Reserve officials, the closely-watched Nvidia earnings, and the ongoing crypto market crash.…
-
Tesla is moving closer to completing the design of its next-generation AI5 chip and has already begun development work on its AI6 processor, CEO Elon Musk said Sunday in a…
-
JPMorgan’s senior analyst Kian Abouhossein has outlined his preferred European bank stocks as investors look ahead to 2026. Despite macroeconomic uncertainty and uneven M&A activity across the sector, Abouhossein believes…
-
Business
U.S. added 119,000 jobs in September, but there are signs of a weakening labor market
by adminby adminThe United States added 119,000 jobs in September, a stronger-than-expected figure and a sign that the economy was adding jobs at a healthy clip before government shutdown. But the details…
-
Shoppers are still flocking to Walmart. The company raised its full-year earnings and sales outlook Thursday, heading into the crucial holiday shopping season. Walmart also offered fresh signs that it…