Nvidia Joins Trillion-Dollar Club: AI Surpasses Ukraine, Bitcoin, Inflation As Most-Searched Term On Google
Nvidia Corp. (NASDAQ: NVDA) is set to become the fifth U.S. company to have a $1 trillion market capitalization.
Tech Giants Stand To Profit The Most From The Data Privacy Revolution, Beringer Capital Says
Apple, in a shot heard around the world, ripped apart the accepted model of tech advertising when it enabled unprecedented consumer privacy features earlier this decade.
IMF Anticipates ‘Persistent Inflation Problem’ For US, Interest Rates To Stay At 5.5% Until 2024
The International Monetary Fund says the U.S. economy won't escape the challenge of persistent inflation if the job market does not soften and monetary policy does not stay tight for an extended period of time. On Friday, the U.S.
5 Bond ETFs To Watch As Debt Ceiling Talks Enter The Final Hours To Avoid A US Default
The debt limit talk has reached its last and most important stage with just five days, or barely more than a 100 hours, when the U.S. Treasury may run out of money.
Fed’s Favorite Inflation Gauge Rises More Than Expected In April: Market Expectations Increase For June Interest Rate Hike
The Personal Consumption Expenditure (PCE) price index, the Federal Reserve's preferred measure of inflation, rose 4.4% year over year in April 2023, up from the 4.2% surge in March and above the expected 4.3% rise, the U.S.
Value Stocks Hit 15-Month Low Against Growth As AI Fuels Tech’s Vengeance Over 2022’s Rate-Hike-Induced Market Fall
Value stocks fell to a seven-month low in relation to growth stocks, already lagging by more than 20% year to date on the heels of an AI-related rally propelling equities in the technology sector.
Will Friday’s PCE Inflation Release Raise Traders’ Bets of Further Fed Rate Hikes?
The personal consumption expenditure (PCE) price index, the Federal Reserve's favored gauge of inflation, will be announced on Friday, May 26.
Default X-Date Looms, Intensifying Debt Ceiling Discussions: McCarthy Says Not ‘Everybody Is Going To Be Happy’
House Speaker Kevin McCarthy said on Thursday that debt ceiling negotiators "made some progress," but open issues remain.
Unemployment Claims Fall Short Of Expectations Signaling Tight Job Market; Q1 GDP And Core PCE Revised Higher
The U.S. job market continues to display strength and durability, while both the U.S.