Reported about 9 hours ago
Source: YAHOO
Reported about 9 hours ago
Source: YAHOO
Reported about 9 hours ago
Source: YAHOO
Reported about 9 hours ago
Snowflake's shares rose after the company reported quarterly results that exceeded expectations, with third-quarter revenue reaching $942.1 million against an expected $898.6 million. The company also provided a fourth-quarter guidance of $906 million to $911 million, surpassing analysts' predictions.
Source: YAHOO
Reported about 9 hours ago
Source: YAHOO
Reported about 9 hours ago
Source: YAHOO
Reported about 10 hours ago
E.l.f. Beauty's stock price experienced a significant drop on Wednesday after Muddy Waters took a short position against the company. During the Sohn conference in London, the hedge fund's CEO, Carson Block, alleged that E.l.f. had inflated its revenue by approximately $190 million over the previous three quarters.
Source: YAHOO
Reported about 10 hours ago
Source: YAHOO
Reported about 10 hours ago
Source: YAHOO
Reported about 11 hours ago
Source: YAHOO
Reported about 11 hours ago
Source: YAHOO
Reported about 11 hours ago
Source: YAHOO
Reported about 11 hours ago
Source: YAHOO
Reported about 11 hours ago
Source: YAHOO
Reported about 11 hours ago
Source: YAHOO
Reported about 12 hours ago
President-elect Donald Trump's plan to cut electric vehicle (EV) tax credits could significantly decrease demand for EVs, negatively impacting companies like Tesla and Rivian, as well as traditional automakers transitioning to electric and hybrid vehicles.
Source: YAHOO
Reported about 12 hours ago
Source: YAHOO
Reported about 12 hours ago
Source: YAHOO
Reported about 12 hours ago
In a recent discussion, Schwab Asset Management's CEO Omar Aguilar explored how emotional factors, termed 'animal spirits', influence investing decisions. He highlighted the herding instinct as a significant psychological tendency observed in market trends, particularly with the 'Magnificent Seven' stocks and cryptocurrencies. Aguilar emphasized that the fear of missing out (FOMO), often exacerbated by social media, drives many investors to act against fundamental economic reasoning.
Source: YAHOO
Reported about 12 hours ago
Nvidia (NVDA) is poised to release its latest earnings report, attracting investor attention especially regarding its Blackwell chip. Concurrently, Palo Alto Networks (PANW) and Snowflake (SNOW) are also set to announce their quarterly results. Bitcoin (BTC-USD) continues to rise, supported by additional options trading in bitcoin ETFs, while other trending stocks include Target (TGT), Qualcomm (QCOM), and e.l.f. Beauty (ELF).
Source: YAHOO
Reported about 12 hours ago
At Charles Schwab's Impact event, Chris Marangi from Gabelli Funds discussed investment opportunities in AI beyond Nvidia, highlighting the increasing demand for power from data centers, electric vehicles, and crypto mining. He underscored the significance of domestic companies in the current economic climate affected by tariffs and inflation, while also mentioning utilities and nuclear energy as promising areas for sustainable investments.
Source: YAHOO
Reported about 13 hours ago
Nvidia is set to release its Q3 earnings today, which are highly anticipated due to the company's remarkable performance driven by the AI boom. Analysts predict a 83% year-over-year growth in earnings per share and revenue, with significant contributions from its data center business. Despite strong expectations, investors remain cautious following a previous quarter where a solid performance led to a drop in stock price. Additionally, CEO Jensen Huang's insights on the upcoming Blackwell AI chip line and potential tariffs on chips manufactured in Taiwan could impact Nvidia's outlook.
Source: YAHOO
Reported about 13 hours ago
The Czech Defense Ministry plans to purchase 14 Leopard 2A4 tanks from Germany in a $167 million deal, aimed at modernizing its military amid ongoing tensions due to Russia's war in Ukraine. The tanks are expected to be delivered by the end of 2026, replacing outdated Soviet-era T-72 tanks. This acquisition follows a previous donation of 28 Leopard 2A4 tanks from Germany and complements an earlier agreement to obtain up to 77 Leopard 2A8 tanks.
Source: YAHOO
Reported about 13 hours ago
Federal Reserve Governor Michelle Bowman emphasized a cautious approach regarding future interest rate cuts, citing persistent inflation concerns and a robust labor market. After a recent quarter-point reduction brought the rate to 4.50%-4.75%, Bowman expressed her support but stressed the need for careful assessment of economic conditions. She noted that the neutral policy rate might be higher than pre-pandemic levels and suggested that the Fed might not be obligated to enact further cuts despite market expectations.
Source: YAHOO
Reported about 13 hours ago
Goldman Sachs CEO David Solomon predicts that capital markets will strengthen in 2025, citing easing inflation and a potential pro-growth approach from the incoming Trump administration. This optimism is shared by other business leaders, who anticipate increased corporate dealmaking as the new administration may adopt less regulatory scrutiny. Additionally, improving investor sentiment could emerge if the Federal Reserve reduces interest rates, although there are calls for caution due to persistent inflation concerns.
Source: YAHOO