S&P 500 closes 1% lower, Nasdaq sheds 1.7% on Wednesday amid corporate profit worries
The major averages slipped following the latest batch of corporate earnings reports.
Goldman Sachs strategist reveals the ‘cheap’ sectors to own right now
Goldman Sachs’ Sharon Bell says two sectors look “inexpensive” and “cheap” in the current high-interest-rate environment.
Wall Street pros reveal their top defense stocks — and the same names keep coming up
Market players are turning bullish on aerospace and defense, revealing their favorite stocks within the theme.
Asia-Pacific markets mixed as Fed says inflation is on the decline
Federal Reserve Chairman Jerome Powell overnight acknowledged that inflation is declining — a sign the central bank may soon pause its rate hikes.
Wholesale egg prices have ‘collapsed.’ Why consumers may soon see relief
Wholesale egg prices have declined by over 50% from their recent record highs. Retail prices may soon follow, but that’s not a sure thing.
Analysts love these AI stocks with big upside potential to play the ChatGPT-driven artificial intelligence craze
With the current hype around ChatGPT, investors need to be able to distinguish an exciting AI opportunity from an overhyped one.
Microsoft CEO Nadella calls A.I.-powered search biggest thing for company since cloud 15 years ago
Satya Nadella said A.I.-powered search is the biggest thing to happen to the company in the nine years he’s been CEO.
Goldman says these overlooked companies will play a key role in a more sustainable economy
Goldman Sachs analysts said service-oriented companies that repair, use spare parts and refurbish items have a role to play in a more sustainable economy.
Microsoft announces new A.I.-powered Bing homepage that you can chat with
Microsoft announced a new version of Bing search and its Edge browser that tie in with OpenAI’s GTP artificial intelligence.
Zoom to lay off 1,300 employees, or about 15% of its workforce
Zoom on Tuesday announced plans to cut about 1,300 workers, or 15% of its workforce, according to a blog post shared to the company’s website.
