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Diageo faces investor frustration over CEO appointment delay: report

Major shareholders in Diageo have voiced growing frustration over the company’s failure to name a new chief executive this week, following a…
Stock

Nvidia CEO Jensen Huang seeks more chip supply from TSMC as AI demand surges

Nvidia Corp. Chief Executive Officer Jensen Huang said on Saturday that he has asked Taiwan Semiconductor Manufacturing Co. (TSMC) for additional chip…
Stock

Cathie Wood’s ARK Invest boosts BitMine stake, trims Tesla holdings

Cathie Wood’s ARK Invest has expanded its investment in BitMine, the Ether treasury company founded by Tom Lee, while paring back its…
Stock

Bank of America highlights 5 stocks that can run up post earnings

Bank of America has identified several stocks that it believes are well-positioned following the latest earnings season, citing strong fundamentals and attractive…
Stock

Pfizer clinches $10 billion Metsera deal, outbidding Novo Nordisk

Pfizer acquires Metsera for $10 billion, cementing their new obesity treatment strategy. The purchase concludes a weeklong bidding frenzy between the New…
Stock

Airbnb shares climb after revenue beat and upbeat outlook

Airbnb shares jumped 3% on Friday after the home-rental platform posted stronger-than-expected third-quarter revenue and raised its fourth-quarter guidance, signaling sustained travel…
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Wall Street wobbles at open as big tech selloff, US shutdown weigh on sentiment

Wall Street indices slipped on Friday as big tech names lost steam, dragging the broader market down. The S&P 500 fell about…
Stock

Oil prices under pressure as oversupply looms; may fall further if China stockpiling slows

Oil prices are once again under moderate pressure, primarily due to the continued increase in global oil production easing earlier concerns about…
Stock

Commodity wrap: gold rises on rate cut bets, oil set for weekly loss

Most non-agricultural commodities rose on the last day of the week with gold consolidating above the crucial mark of $4,000-per-ounce.  Oil prices…
Stock

Nvidia stock falls 3% on Friday, extending weekly drop to nearly 10% as AI rally cools

The artificial intelligence boom hit a major speed bump on Friday as Nvidia stock (NASDAQ: NVDA) extended its brutal weekly losses. The…
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