Vistra Surges on License Extension, Power Prices
Key Takeaways The S&P 500 jumped 1.6% on Wednesday, July 31, 2024, as the Fed …
Arm Holdings Stock Falls, Weighed Down by Earnings Guidance
Arm Holdings (ARM) shares gave back Wednesday’s gains in after-hours trading, dropping even as the …
Meta’s Earnings Beat Sends Its Stock Higher as Zuckerberg Highlights AI Initiatives
Key Takeaways Meta reported better-than-expected results for the second quarter of 2024. Revenue and earnings …
Bullish Microsoft Analysts Say AI Spending Worries Are Overblown
Key Takeaways Worries about Microsoft’s weaker-than-anticipated cloud growth and plans to raise investments in artificial …
Fed Holds Interest Rate Steady, Stays On Course For September Cut
Key Takeaways The Federal Reserve held its key fed funds rate steady to push down …
Slow Hiring Begets Slower Wage Growth in the Second Quarter
Key Takeaways Companies’ cost to employ workers grew 0.9% in the second quarter. Thats less …
Ether ETFs Switch to Inflows
Key Takeaways Bitcoin and ether traded flat Wednesday. Spot ether exchange-traded funds (ETFs) switched to …
Mastercard’s Revenue Tops Estimates, Boosted by ‘Healthy Consumer Spending’
Key Takeaways Mastercard reported its second-quarter revenue rose 11% year-over-year to $6.96 billion, beating analysts’ …
Why AMD, Nvidia and Other Chip Stocks Are Making a Comeback Today
Key Takeaways Chips stocks rebounded from Tuesday’s slump after stronger-than-expected earnings from AI chipmakers and …
Boeing Names New CEO, Reports Large Q2 Loss
Key Takeaways Boeing shares rose Wednesday as the hiring of a new chief executive offset …