AMD shares jump 8% to highest close since 2021 on AI chip demand
AMD is one of two major producers of graphics processing units, which were created for advanced computer games and are now key to artificial intelligence.
Classic car auction site Bring a Trailer’s sales hit record $1.4 billion even as prices drop
Bring a Trailer’s sales climbed in a rare bright spot for the classic-car market.
Buy the dip in these bitcoin mining stocks over the next two months, Bernstein says
Mining companies are down more than 20% since the launch of spot bitcoin exchange-traded funds last week.
Flight disruptions linger as winter storms, Max 9 grounding snarl travel
Airlines canceled more than 2,000 U.S. flights Tuesday as winter weather continues to disrupt travel for millions of travelers.
A shipping stock shaking off Red Sea turmoil and poised for big breakout, according to the charts
Marine shipper DHT Holdings, Inc. (DHT) has shrugged off headline risk lately, exhibiting positive momentum across time frames.
‘Perfectly understandable’: Russia’s neighbors back Ukraine’s refusal to negotiate on peace talks
Poland’s President Andrzej Duda on Tuesday described Ukraine’s refusal to cede ground to Russia in prospective peace talks as “perfectly understandable.”
Goldman says this solar tech stock can surge nearly 50%
Nextracker will benefit from Inflation Reduction Act tax credits, a diverse global footprint and wider gross margins, according to Goldman Sachs.
Microsoft CEO Satya Nadella says global consensus on AI is emerging
Microsoft CEO Satya Nadella said there is a need for global coordination on AI and agreeing a set of standards and appropriate guardrails for the technology.
Fed’s Christopher Waller advocates moving ‘carefully’ with rate cuts
The comments, delivered during a speech in Washington, D.C., seemed to counter market anticipation for aggressing easing this year.
European markets close lower as ECB members talk rate cuts at Davos; Hugo Boss down 9%
European stocks closed lower Tuesday, as markets continue to focus on news and comments from the World Economic Forum in Davos, Switzerland.
