Investors should ‘go for gold’ as Fed rate cut looms, Goldman says
Investors should “go for gold” as the precious metal’s stellar run isn’t over, Goldman Sachs analysts said in a research…
A quarter of X advertisers plan to cut spending next year
X’s advertising woes are about to get a whole lot worse, according to a new report from Kantar, details of…
Stocks Hit by Biggest Selloff Since August Crash: Markets Wrap
Stocks posted their worst day since the Aug. 5 market meltdown, with the S&P 500 falling more than 2%, as…
Boeing’s cash flow goal to be delayed, says Wells Fargo as it downgrades stock
Boeing’s annual free cash flow target of $10 billion may be delayed by about two years to 2027-28 and it…
Stocks Waver Before JOLTS as Treasury Yields Drop: Markets Wrap
Stocks wavered as traders awaited fresh economic figures for clues on whether the labor market is cooling too much amid…
Altman Infrastructure Plan Aims to Spend Tens of Billions in US
OpenAI Chief Executive Officer Sam Altman’s plans for a massive buildout of the machinery and systems needed for artificial intelligence…
Exclusive-Elliott now owns enough of Southwest Airlines to call special meeting
Elliott Investment Management now holds 10% of Southwest Airlines’ common stock, crossing the threshold that allows the hedge fund to…
Nvidia just recorded the biggest single-day wipeout by a US company
Nvidia’s stock fell 9.5% due to concerns about AI and the US economy. Investors are worried about economic indicators and…
Intel’s Dow status under threat as struggling chipmaker’s shares plunge
Intel was one of the first two tech companies to join the Dow Jones Industrial Average during the late-’90s dot-com…
Nokia signs fibre deal with AT&T after losing network contract to Ericsson
U.S. telecoms operator AT&T and Finnish network equipment maker Nokia have signed an agreement to build a fibre network in…