UBS believes AI story is still in the ‘early innings’ and these are the stocks to play it
Artificial intelligence-related stocks have been on the rise this year, and UBS is becoming even more bullish on some names.
While investors are focused on Big Tech earnings, a homebuilder gives a dire warning
There could be trouble ahead for consumers and the economy if interest rates don’t come down, the latest financial results from D.R. Horton suggest.
Alphabet shares rise on earnings beats boosted by cloud revenue
Google parent Alphabet reported third-quarter earnings that beat on top and bottom lines.
Here’s what analysts are looking for when Google parent Alphabet reports earnings
The tech behemoth faces several questions around its AI spending spree and scrutinized dominance in online search.
Morgan Stanley CEO says the era of zero interest rates and inflation ‘is over’
Several of Wall Street’s chief executives don’t see more than one more interest rate cut by the Fed this year, citing expectations of continued inflation.
Adidas reaches out-of-court settlement with rapper Ye
Adidas has reached an out-of-court settlement with rapper Ye to end all legal proceedings between them. No money changed hands in the agreement.
Why ‘sin taxes’ could play a significant role in Britain’s high-stakes budget
Among a litany of measures designed to raise billions of pounds, U.K. Finance Minister Rachel Reeves is reported to be considering a sin tax raid.
PayPal shares fall on revenue miss, soft guidance
PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in slightly below expectations.
Larry Fink says the Fed won’t cut interest rates as much as markets expect this year
“I do believe we have greater embedded inflation in the world than we’ve ever seen,” Fink said.
BP shares fall to lowest since 2022 after sharp drop in the oil major’s third-quarter profit
British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices.
