Thursday, November 14, 2024

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Stock Market

Accenture touts AI growth, but stock sinks as outlook is cut due to demand shift

Accenture investors were having their worst day in four years on Thursday, after the management consultant cut its full-year earnings outlook as clients...

DOJ sues Apple for iPhone antitrust violations

The lawsuit accuses Apple of using its dominant position in the market for smartphones and related applications to prevent customers from switching phones...

Economy grows more slowly and inflation picks up in March, S&P finds, but businesses optimistic

The U.S. economy grew a bit more slowly in March and inflation picked up, a pair of S&P surveys found, but businesses hired...

Why Micron’s stock is cruising toward its best day in 12 years

The memory-chip market is known for being cyclical, but Wall Street seems especially excited about Micron’s ability to ride the current uptrend. Source link...

Tech analyst who predicted Nvidia would overtake Apple has her eye on these stocks next

Beth Kindig, lead tech analyst at the IO Fund, has made prescient calls on Nvidia in the past. Here are her next big...

‘I’m 14 years older’: My partner owns the house we live in and I pay for more than half the costs. What happens if...

“We have separate bank accounts. I have five children and he has two kids.” Source link

Richard Branson set for $856 million payout from Nationwide’s Virgin Money takeover

Nationwide will pay Branson’s Virgin Enterprises a £250 million exit fee to stop using the Virgin brand Source link

Treasury yields dip after Powell comments bolster hopes for June rate cut

Bond yields fell early Thursday as traders bet that forecasts and comments from the Federal Reserve the day before increase the likelihood that...

Bonds are stuck in a rut as Fed waits to cut rates

More than 80% of U.S. investment-grade corporate bonds are still trading at a discount, according to BondCliQ Source link

Nvidia shows it’s still on track for AI dominance

The chip giant is poised to sell more recurring-revenue products, rather than just one-and-done hardware sales. Source link

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