Markets
Nvidia unveils new AI model and expands Japan’s physical AI ecosystem
Nvidia unveiled a new AI model for robots and vision AI agents on Wednesday, deepening its push into the physical AI market in Japan.
Markets
Markets
You are missing the bond deal of the decade — and it is guaranteed to beat inflation
One-year fixed savings accounts are offering inflation-beating rates of up to 4.9%. We've rounded up the best deals available on the market now.
Markets
Wall Street's profit boom has Europe ripping up its banking rulebook
U.S. investment banks have toasted a record quarter, as their European rivals continue to lag — but now a major pivot towards deregulation across the Atlantic could provide a much-needed shot in the arm for the continen…
Markets
Broader Market Settles Higher as Positive Inflation News Outweighs Chip Rout
The S&P 500 Index ($SPX) (SPY) on Wednesday closed up +0.38%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.29%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.28%. September E-mini S&P futures (ESU…
Markets
SpaceX selloff an ominous sign as lockup expiry looms
TOKYO, July 16 (Reuters) – Nvidia said on Thursday it was partnering with Japanese companies including Fanuc and Yaskawa Electric to advance the development of robotics and AI. “With AI, robots will become smart, easily…
Markets
EverCommerce (EVCM) Moves 5.4% Higher: Will This Strength Last?
EverCommerce EVCM shares ended the last trading session 5.4% higher at $11.57. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock'…
Markets
UnitedHealth blows past estimates, hikes earnings outlook as it reins in costs
UnitedHealth Group on Thursday posted second-quarter earnings that blew past estimates and raised its full-year profit outlook, as the company better manages high medical costs and uses AI to help streamline operations.
Markets
UnitedHealth Group (UNH) Q2 Earnings and Revenues Surpass Estimates
UnitedHealth Group (UNH) came out with quarterly earnings of $6.14 per share, beating the Zacks Consensus Estimate of $5.92 per share. This compares to earnings of $5.57 per share a year ago. These figures are adjusted …
Markets
Silence Therapeutics (SLN) Moves 7.2% Higher: Will This Strength Last?
Silence Therapeutics PLC Sponsored ADR (SLN) shares soared 7.2% in the last trading session to close at $10.45. The move was backed by solid volume with far more shares changing hands than in a normal session. This comp…
Markets
New Strong Sell Stocks for July 16th
Albemarle ALB is a premier specialty chemicals company with leading positions in attractive end markets globally. The Zacks Consensus Estimate for its current year earnings has been revised 29.1% downward over the last …
Markets
This Renowned Investor Sees 80% Downside in SpaceX Stock. Is He Right?
Renowned investor George Noble didn't mince words when it came to Space Exploration Technologies (NASDAQ: SPCX), saying that its initial public offering (IPO) was "built to separate retail investors from their money." N…
Markets
What to Expect From Public Service Enterprise’s Next Quarterly Earnings Report
Founded in 1903 and headquartered in Newark, New Jersey, Public Service Enterprise Group Incorporated (PEG) has grown into one of the country's leading energy companies. Its regulated utility business delivers electrici…
Markets
Hogs Rally on Wednesday
Lean hog futures posted gains of $1.05 to $2.35 across most contracts on Wednesday, with July up 7 cents on expiration. USDA’s national base hog price was reported at $100.66 on Wednesday afternoon, up $2.10 from the da…
Markets
Wheat Sees Midday Limit Gains on Black Sea Escalation
The wheat complex is in rally mode to the lead the grains higher on Wednesday, with export concerns out of the Black Sea. Chicago SRW contracts are 35 to 36 cents in the green at midday. KC HRW futures are up 41 to 43 c…
Markets
Ukrainians take to the streets after Zelenskyy ousts defense minister in surprise shake-up
Ukrainian protesters took to the streets of Kyiv on Thursday, decrying President Volodymyr Zelenskyy's surprise decision to dismiss Defense Minister Mykhailo Fedorov as part of a major government reshuffle.
Markets
Government brings British Steel under public ownership; UK economy grows 0.1% in May – business live
More action over in the FTSE 250: Ocado shares have slumped 10% this morning after the online grocer reported a set of half-year results that failed to excite investors.
Markets
Bull of the Day: Micron (MU)
Zacks Rank #1 (Strong Buy) stock Micron (MU) is a leading provider of semiconductor memory solutions. The Idaho-based company manufactures and markets high-performance memory and storage technologies, including Dynamic …
Markets
Hogs in Rally Mode on Wednesday
Lean hog futures are showing gains of $1.6 to $2.05 on Wednesday with August up a nickel. USDA’s national base hog price was reported at $100.70 on Wednesday morning, up $3.83 from the day prior. The CME Lean Hog Index …
Markets
Bear of the Day: General Mills (GIS)
Based in Minneapolis, MN, Zacks Rank #5 (Strong Sell) stock General Mills Inc. (GIS) is one of the largest food producers worldwide, selling its products through supermarkets and retail stores. Its principal product cat…
Markets
Wheat Sees Midday Limit Gains on Black Sea Escalation
The wheat complex is in rally mode to the lead the grains higher on Wednesday, with export concerns out of the Black Sea. Chicago SRW contracts are 35 to 36 cents in the green at midday. KC HRW futures are up 41 to 43 c…
Markets
Taiwan stocks higher at close of trade; Taiwan Weighted up 2.00%
While most investors were fixated on Jerome Powell & Co. this week, trying to gauge the Federal Reserve’s next moves in light of recent bank failures, something interesting occurred in Moscow.
Markets
Bank of Korea raises rates to 2.75% in first hike in over three years
South Korea's central bank hiked benchmark policy rates on Thursday, raising them for the first time since January 2023 as inflation in the country creeps up. The Bank of Korea's 25 basis point hike that increased rates…
Markets
Cotton Rally Pushes Prices Higher on Wednesday
Cotton futures closed the Wednesday session with contracts up 24 to 96 points at the final bell. Crude oil was up 90 cents on the day with the US dollar index up $0.356.
Markets
TSMC second-quarter profit jumps over 77%, beating estimates, on high-end chip boom
Taiwan Semiconductor Manufacturing Co on Thursday reported a 77.4% jump in second-quarter profit year on year, shattering estimates as the world's largest contract-chipmaker continues to set consecutive record-breaking …