[ad_1] Nvidia CEO Jensen Huang arrives at the launch of the supercomputer Gefion, at the Vilhelm Lauritzen Terminal in Kastrup, Denmark, Oct. 23, 2024. Ritzau Scanpix | Mads Claus Rasmussen | Via Reuters Nvidia reports fiscal third-quarter earnings Wednesday after the market closes. Here’s what Wall Street is looking for, per LSEG consensus estimates: Revenue: […]
[ad_1] LinkedIn has verified more than 55 million of its users, for free, in order to combat the spread of misinformation fueled by the rise of artificial intelligence, the company told CNBC. The Microsoft-owned service said it has the most verified individual human identities of any major social network. In November, the company will begin […]
[ad_1] Check out the companies making headlines before the bell. McDonald’s — Shares fell more than 6% after the U.S. Centers for Disease Control and Prevention said an E. coli outbreak linked to the fast food company’s Quarter Pounder burgers has resulted in the hospitalization of 10 people and one death. Starbucks — The coffee […]
[ad_1] James Gorman, executive chairman and then-chief executive of Morgan Stanley, speaks during a Bloomberg Television interview in New York, US, on Thursday, Oct. 26, 2023. Jeenah Moon | Bloomberg | Getty Images Disney has tapped James Gorman to replace Mark Parker as the company’s next chairman, effective in January, as the media giant lays […]
[ad_1] Iran’s Supreme Leader Ayatollah Ali Khamenei speaks during a meeting in Tehran, Iran, September 25, 2024. Office of the Iranian Supreme Leader | Reuters Iran’s Supreme Leader Ayatollah Ali Khamenei said on Saturday the death of Hamas leader Yahya Sinwar will not halt the “Axis of Resistance” and that Hamas would live on. “His […]
[ad_1] Check out the companies making headlines before the bell. Elevance Health – Shares plummeted more than 10% after the health insurer reported weaker-than-expected third-quarter earnings. In a statement , CEO Gail Boudreaux said the company remains “confident” amid “unprecedented challenges in the Medicaid business.” Health care stocks Molina Healthcare and Centene also fell nearly […]
[ad_1] Striking Boeing workers and their supporters picket outside the Boeing Co. manufacturing facility in Renton, Washington, on Sept. 16, 2024. Yehyun Kim | AFP | Getty Images Boeing said Tuesday that it could raise as much as $25 billion in shares or debt over three years, a move to increase liquidity as the troubled […]
[ad_1] Keithbinns | E+ | Getty Images U.S. officials believe Israel has narrowed down what they will target in their response to Iran’s attack, which these officials describe as Iranian military and energy infrastructure. There is no indication that Israel will target nuclear facilities or carry out assassinations, but U.S. officials stressed that the Israelis have not made […]
[ad_1] Here are five key things investors need to know to start the trading day: 1. Markets Stocks were little changed on Thursday as investors awaited another batch of inflation data on Friday. S&P 500 futures fell 0.2%, Nasdaq-100 futures declined 0.05%, and Dow Jones Industrial Average futures shed 0.14%. Wall Street also digested September’s consumer price index, which rose 0.2% on […]
[ad_1] A for sale sign is displayed outside of a home for sale on August 16, 2024 in Los Angeles, California. Patrick T. Fallon | AFP | Getty Images An abrupt turn higher for mortgage interest rates caused weekly demand from both potential homebuyers and current homeowners to drop. Total mortgage application volume fell 5.1% […]