Asia-Pacific markets rise as Fed holds rates and shifts dot plot; EV stocks surge despite EU tariffs
The Fed has projected one rate cut this year, down from three, but raises the number of projected rate cuts to a total of four in 2025.
These are the stocks to play the next ‘bottleneck’ in AI, according to the pros
There’s been a lot of talk about AI’s infrastructure buildout. Tech analysts say there’s another area to invest in beyond data centers and cloud computing power.
Risky bet in this global hydrogen fuel cell maker could net investors 160%, says RBC
RBC analyst’s price target is the most conservative, as the average of four analysts points to a 282% upside.
S&P 500 posts its fourth straight record close, buoyed by cooler inflation data: Live updates
The S&P 500 closed at a record for the fourth consecutive time Thursday after investors got more economic data indicating inflation pressures are easing.
Broadcom beats earnings estimates, announces 10-for-1 stock split
Broadcom announced a 10-for-1 stock split and beat earnings estimates for the second fiscal quarter.
GameStop tanks with huge volume in the call options owned by ‘Roaring Kitty’
The sell-off in GameStop shares intensified in afternoon trading, coinciding with a spike in trading volume in the call options that “Roaring Kitty” owned.
Bitcoin prices move higher after new data shows inflation slowed in May: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry….
Top Southwest shareholder signals support for Elliott Management’s activist campaign
Elliott is seeking to oust the airline’s CEO, Bob Jordan, and executive chairman, Gary Kelly, which Artisan also signaled support for.
Oil prices rise as supply-demand balance expected to tighten in third quarter
The Department of Energy sees an oil supply deficit this year.
Sony Pictures is buying Alamo Drafthouse theater chain
Sony Pictures has acquired Alamo Drafthouse, the seventh-largest movie theater chain in North America.
