Powell: Gaining confidence in interest rate cuts will take longer than expected, but the next step is unlikely to raise interest rates
Powell said that the timing of interest rate cuts depends on data, and the FOMC will make decisions at each meeting, but the next step is unlikely to be to raise interest rates.
Benefiting from AI on the mobile side, Qualcomm's second-quarter results and guidance for the next quarter exceeded expectations, rising 5% after the market
Qualcomm's results for the second fiscal quarter were overall better than expected. EPS increased 13% and exceeded the guideline limit. Continued year-on-year growth in mobile phone chip revenue showed market recovery, and automotive chip sales reached new highs for three consecutive quarters.
What Junk? High-yield Bonds Outperform in a Turbulent April
By Joy Wiltermuth High-yield, or 'junk,' bonds show surprising resilience in April High-yield, or "junk," bonds outperformed in a turbulent April for financial assets, showing surprising resilience
News Highlights: Top Company News of the Day - Wednesday at 7 PM ET
UnitedHealth Under Fire in Congressional Hearings Over Cyberattack Congress aggressively questioned UnitedHealth Group's response to the hack of its Change Healthcare unit in hearings Wednesday. Ex-
Artificial intelligence concept stocks closed with mixed ups and downs. Nvidia fell about 3.9%, while SoundHound rose more than 4%
Astera closed down 11.72%, Dell Technology fell 4.7%, Nvidia fell 3.89%, MSTR fell more than 3.4%, Tesla fell 1.8%, Jet.AI fell more than 1.1%, Apple fell 0.6%, Palantir, C3.ai, Oracle, Alibaba ADR, Baidu, and CrowdStrike rose up at most 0.99%, and Microsoft rose more than 1.4%, Meta, Amazon up 2.29%, Reddit up more than 3.2%, BigBear.ai Over 3.6%, Guar
Why Mastercard Stock Sank on Wednesday
Tesla Interns Say Offers Are Getting Revoked Weeks Before Their Start Date
(May 2): Elon Musk's latest cost-cutting victims: Summer interns. Tesla Inc. is rescinding offers just weeks before internships were set to start, prompting aspiring employees to take to LinkedIn to appeal to other employers to take them in. "At 8:46am, I opened a Tesla email ...
Nvidia's Roller Coaster Ride Through Early 2024 Sets The Stage For A Potential Market Shakeup As Investors Eye The Critical First Quarter Earnings Report
Nvidia started 2024 with a strong performance, witnessing a 96% bull rally.Surpassing $974 might indicate further growth.Attention is turning towards Nvidia's anticipated first-quarter earnings report
Changes in US stocks | Qualcomm once rose more than 5% after the market. The first quarter results and second quarter guidance were better than expected
Glonghui May 2 | Qualcomm (QCOM.US) US stocks rose 5.55% after the market. Qualcomm's adjusted EPS for the second fiscal quarter was $2.44, and analysts expected $2.32. Adjusted revenue for the second fiscal quarter was $9.39 billion, and analysts expected $9.32 billion. The adjusted EPS for the fiscal third quarter is expected to be $2.15-2.35, and analysts expect $2.16. The adjusted revenue for the third fiscal quarter is estimated to be US$8.8 billion to US$9.6 billion, and analysts expect US$9.08 billion.
Philip Morris Stock (NYSE:PM): Strong Q1 Results to Fuel Gains
Why Amazon Stock Jumped Today
Tesla Is Pulling Back From EV Charging, and People Are Freaking Out -- 2nd Update
By Jennifer Hiller, Sean McLain and Ryan Felton Tesla's move this week to lay off much of the team responsible for creating the largest and most successful electric-vehicle charging network in the U.
Update: Market Chatter: Citigroup Could See Big Hit to Loan Book From Heightened Climate Action
(Adds details about Citigroup participation in Federal Reserve's Pilot Climate Scenario Analysis and the bank's response.) Citigroup's (C) loan book could suffer billions of dollars of additional loss
Express News | According to a document, Google's payments to Apple reached $20 billion in 2022.
Texas Instruments(TXN.US) Director Sells US$1.79 Million in Common Stock
$Texas Instruments(TXN.US)$ Director PATSLEY PAMELA H sold 9,990 shares of common stock on Apr 29, 2024 at an average price of $179.1191 for a total value of $1.79 million.Source: Announcement What is
Texas Instruments(TXN.US) Officer Sells US$37.09 Million in Common Stock
$Texas Instruments(TXN.US)$ Officer TEMPLETON RICHARD K sold 208K shares of common stock on Apr 29, 30, 2024 at an average price of $178.3379 for a total value of $37.09 million.Source: Announcement W
Edwards Lifesciences(EW.US) Officer Sells US$1.21 Million in Common Stock
$Edwards Lifesciences(EW.US)$ Officer Lemercier Jean-Luc M sold 14,400 shares of common stock on May 1, 2024 at an average price of $84.2144 for a total value of $1.21 million.Source: Announcement Wha
Why Pfizer Stock Blasted More Than 6% Higher Today
Form 144 | Walmart(WMT.US) Officer Proposes to Sell 177.93K in Common Stocks
SEC FILLINGS DISCLOSED/ May 1, $Walmart(WMT.US)$ Officer John D. Rainey intends to sell 3,000 shares of its common stock on May 1, with a total market value of approximately $177.93K. John D. Rain
Correction to Exxon to Close Megadeal Article -- WSJ
Scott Sheffield is the former CEO of Pioneer Natural Resources. "Exxon to Close Megadeal, Pioneer CEO to Be Barred from Exxon Board in Deal With FTC," inccorectly identified him as Pioneer's CEO in he