#nyse

IBM has officially acquired Prescinto, a Bangalore-based company specializing in asset performance management (APM) software-as-a-service (SaaS) solutions, specifically for the renewable energy sector. This strategic acquisition aims to enhance IBM’s ability to manage and optimize renewable...

US Stock Futures Hold Steady After Record Highs Stock futures remain mostly unchanged following record highs in the S&P 500 and Dow Jones. Investors await corporate earnings from Citigroup and Goldman Sachs after positive reports from major banks last week. Nvidia, AMD, and Intel Shares Drop...

Microsoft announced the departure of Sebastien Bubeck, its Vice President of GenAI research, who is set to join OpenAI, the prominent AI startup behind ChatGPT. While Bubeck’s role at OpenAI has not been specified, his move marks a significant shift within the AI sector. A Microsoft spokesperson...

Hims & Hers Health (HIMS) saw its stock surge nearly 10% on Monday, closing at $20.50, after the U.S. Food and Drug Administration (FDA) announced that compounding pharmacies could continue producing copycat weight-loss drugs. This decision comes as the FDA reexamines whether there is a shortage...

Nvidia’s Record-Breaking Surge: Nvidia’s stock soared on Monday, closing at a record high of $138.07, marking a 2.4% increase. This pushed its market valuation to $3.4 trillion, surpassing Microsoft to become the second most valuable company on Wall Street, just behind Apple’s $3.55 trillion...

Sofi Technologies (SOFI) saw its stock jump over 8% after announcing a significant deal with fortress capital. The funds are aimed at expanding SoFi’s personal loans business, a key segment where the company refers pre-qualified borrowers to partners for loan origination and also...

Nvidia Corporation (NVDA) is rapidly approaching a new all-time stock high as it capitalizes on the booming demand for artificial intelligence (AI) technology. On Monday, Nvidia shares surged more than 3% in morning trading, surpassing $138. This marks a sharp increase from its previous record...

Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, is expected to report a significant 40% increase in its third-quarter profit, driven by strong demand for AI chips. TSMC, a key supplier to tech giants such as Apple, Nvidia, and AMD, is forecasted to achieve...

Advanced Micro Devices, Inc. (AMD) has officially entered mass production for its MI325X AI chip, marking a significant milestone in its AI ambitions. In a forward-looking move, AMD is also preparing the next-generation MI350 series, slated for release in 2025. These developments come amid a...

NYSE and Nasdaq Open, Bond Market Closed Despite the federal holiday (Columbus Day), the New York Stock Exchange and Nasdaq will operate normally, while the bond market and government offices remain closed. US Stock Futures Steady After Last Week’s Rally Stock futures show little movement as...

This week, several key financial, tech, and health-care companies will report their quarterly earnings, including Goldman Sachs, Morgan Stanley, Citigroup, UnitedHealth Group, Johnson & Johnson, and Netflix. Investors will also monitor retail sales, housing starts, building permits, and...

BlackRock, Inc. (NYSE), the world’s largest asset manager, reported stellar third-quarter 2024 earnings that outpaced market expectations. The company demonstrated robust growth across multiple financial metrics, reinforcing its leadership position in the investment management industry...

On October 10, 2024, Advanced Micro Devices (AMD) unveiled its latest Ryzen AI PRO 300 Series processors, built to revolutionize business computing through unprecedented AI processing capabilities and industry-leading performance. The new processors, featuring AMD's “Zen 5” architecture and...

Nvidia’s stock (NVDA) surged by 1.6% on Thursday, closing at $134.81, just shy of its all-time high of $135.58 achieved in June. The stock’s rise has been driven by a powerful wave of optimism surrounding artificial intelligence (AI), with Nvidia firmly positioned as a leader in AI chip...

Cadence Capital reported a full-year profit of $21.6 million, with a 10.4% increase in fund performance. A final dividend of $0.03 per share was declared, bringing the annual dividend to $0.06 per share, resulting in an annualized yield of 8.6% and a grossed-up yield of 12.2%. Positive...

WeightWatchers announced its plan to offer a compounded version of Novo Nordisk's weight-loss drug, Wegovy, as part of its weight-management programs. This announcement led to a nearly 47% surge in WeightWatchers' stock price, marking its highest closing in over two months. The decision comes...

Overview: Walmart Inc. is a leading global retailer headquartered in Bentonville, Arkansas. Founded in 1962, Walmart operates a chain of hypermarkets, discount department stores, and grocery stores. The company focuses on offering a wide range of products at low prices and provides services...

Plurilock Security Inc. has partnered with CrowdStrike to bolster the security of critical infrastructure in democratic nations. This collaboration aims to leverage the AI-native CrowdStrike Falcon cybersecurity platform to protect organizations from modern cyber threats. Key Highlights...

CPI Anticipation Stock futures fell slightly as investors await the September CPI report, which is expected to show a 0.1% monthly increase. This data will guide the Federal Reserve's future decisions. Federal Reserve's Split on Rate Cut Federal Reserve officials were divided over a recent...

Amazon announced a strategic partnership that will see Apple TV+ integrated into its Prime Video platform in the United States for a subscription fee of $9.99 per month. This initiative is designed to bolster Apple's presence in the competitive streaming landscape, where it has struggled to gain...