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CoreWeave stock at risk after the $52B wipeout as insiders sell

CoreWeave stock price has been in a strong downtrend in the past few months, leading to a $52 billion wipeout as its…
Stock

Nvidia stock soars 2.5% today: is Wall Street positioning for something bigger?

Nvidia stock (NASDAQ: NVDA) rose 2.5% on Wednesday, a modest uptick that has some traders asking a bigger question: has the next…
Stock

US equities split at open as Nvidia stock slips 4%: Nasdaq down 0.4%, Dow up 0.5%

The Nasdaq Composite fell on Tuesday, giving back some of the prior session’s gains after a strong rally in artificial intelligence-linked names….
Stock

Core PPI slows in September, easing inflation worries ahead of Fed meeting

The Bureau of Labor Statistics (BLS) reported Tuesday that core wholesale prices rose less than anticipated in September, suggesting a possible moderation…
Stock

Commodity wrap: gold prices fall as dollar rises; oil slumps on oversupply concerns

Gold prices were volatile on Tuesday, with traders anticipating another rate cut by the US Federal Reserve next month. But, prices fell…
Stock

Abercrombie stock’s post-earnings rally is unlikely to last: find out more

Abercrombie & Fitch (NYSE: ANF) soared nearly 20% on Tuesday morning after posting better-than-expected financials for its third quarter. The lifestyle retailer…
Stock

What triggered Kohl’s stock jaw-dropping 34% rally today, and can it continue?

Kohl’s stock exploded 34% on Tuesday, jumping to $21.10 from $15.73 as Q3 earnings delivered an unmistakable turnaround signal. Same-store sales beat…
Stock

Lakshmi Mittal plans to leave UK amid Labour tax shake-up: a turning point for the super-rich?

Indian-born steel magnate Lakshmi Mittal is preparing to leave the UK after nearly three decades, becoming the latest high-profile billionaire to depart…
Stock

Explainer: how Alibaba’s Qwen AI app stacks up against ChatGPT

Alibaba just dropped Qwen, an AI chatbot that smashed 10 million downloads in its first week, way faster than ChatGPT’s initial climb….
Stock

Spain’s Iberdrola launches tender offer to acquire remaining stake in Brazil’s Neoenergia

Iberdrola has announced a public tender offer for the remaining 16.2% of its Brazilian subsidiary Neoenergia, hoping to achieve 100% ownership of…
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