Tuesday, November 5, 2024
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Alphabet’s Pricey AI Bet Pays Off With Growth in Cloud, Search

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Google parent Alphabet Inc. showed on Tuesday that an expensive foray into artificial intelligence is starting to pay off, delivering better-than-expected traction for its...
Bussiness

Google signs deal with nuclear company as data center power demand surges

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People take photos in front of a giant Google logo at Google's Bay View campus in Mountain View, California on Aug 13, 2024 where...
Bussiness

Inflation Data Points Away From Half-Point Cut

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It was good news-bad news on US inflation Wednesday. The good news is overall inflation continued along its downward path toward the Federal Reserve’s...
Tech

Everything to Expect From Apple’s iPhone 16 Launch on Sept. 9

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Apple Inc.’s most important event of the year takes place Monday, when the company will roll out its latest iPhones and set the stage...
Bussiness

LIVE: Wall Street and FTSE muted as US economy adds fewer jobs than expected but unemployment falls

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Wall Street opened relatively calmly after the bell on Friday as traders digested news that the US economy added fewer jobs than expected last...
Bussiness

Wall Street climbs despite fall in US job openings, FTSE and Europe dip

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Wall Street made up for some of Tuesday's market rout despite the number of job vacancies at US companies falling. The move higher helped...
Bussiness

Nvidia’s Earnings Will Test the S&P 500’s $4 Trillion Recovery

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The almost $3 trillion rally in Nvidia Corp. shares over the roughly two years since ChatGPT’s unveiling has virtually rewired the US stock market,...
Bussiness

Powell Speaks the Words and Restores Order on Wall Street

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Fed Chair Jerome Powell himself said the time has come for the central bank to cut its key policy rate, affirming widely-held expectations that...
Bussiness

Fair Access to US Data Questioned Yet Again After Delayed Report

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The Bureau of Labor Statistics provided at least three Wall Street firms with a highly anticipated US jobs number that was delayed on the...
Bussiness

The Stakes Are High for Powell at Jackson Hole

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Welcome to Jackson Hole week. It’s a week in which Wyoming, better known for its spectacular landscapes, becomes the center of the...
Bussiness

Big bonuses are on the way back at big Wall Street banks

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Bonuses are on track to rise once again for some Wall Street bankers as a dealmaking revival in 2024 boosts profits for the country’s...
Bussiness

Apple Investors Urged to Stay Calm After Buffett Slashes Stake

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To some, Berkshire Hathaway Inc.’s gutting of its Apple Inc. stake could be interpreted as a lack of conviction in the iPhone maker’s growth...
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