Key inflation gauge for the Fed rose 0.3% in March as expected
The personal consumption expenditures price index excluding food and energy increased 0.3% for the month.
Benchmark upgrades Intel, says investors should get constructive on chip stock after earnings
Intel beat on the top and bottom lines in its first quarter, and also posted its largest-ever quarterly loss.
Pinterest’s guidance is disappointing, but its Amazon partnership shows promise, analysts say
Pinterest said Amazon will be its first partner for third-party ads, which analysts say will be a “meaningful unlock” for demand.
Wall Street analysts say Amazon is still a buy, but investors should ‘stay patient’ on AWS
They said traders should look toward margin upside for Amazon, as well as the long-term opportunity in cloud services.
These are the top Senate races to watch in 2024
Democrats are defending multiple Senate seats in states that voted for former President Donald Trump over President Joe Biden in the last presidential race.
The pandemic drove Clubhouse to a $4 billion valuation that never looked sustainable
Clubhouse said on Thursday that’s it cutting half its staff two years after investors valued the nascent startup at $4 billion.
Pence testifies before federal grand jury investigating Trump’s role in Jan. 6
Special counsel Jack Smith is investigating whether Trump acted unlawfully in his efforts to overturn his 2020 presidential election loss and stop the peaceful transfer of power.
Snap plunges on first-quarter revenue miss
Snap continues to suffer in a tough digital ad market with its first-quarter sales missing analyst projections.
Amazon’s 16% cloud revenue growth impresses even as margin narrows
Amazon Web Services revenue has now slowed for five quarters in a row. Current trends suggest that another drop in growth is coming as customers optimize spend.
Analysts are raising earnings estimates on these companies reporting next week
Almost a third of S&P 500 names will be releasing their quarterly earnings in the first week of May, including tech giant Apple.
