Shares 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…
-
Stock
Amazon and Microsoft’s AI bet hit a wall: Wall Street’s rare bear makes his move
by adminby adminAmazon and Microsoft are among the tech giants who have collectively pledged $349 billion to AI infrastructure, betting hyperscale returns will materialize. Yet one prominent analyst just broke ranks with…
-
Amazon’s recent workforce reduction has reshaped large parts of the company, with engineering roles emerging as the most affected category. The layoffs, announced last month, spanned cloud services, devices, advertising,…