After a rough start to the week, U.S. stocks showed signs of recovery on Wednesday. Nasdaq Composite and S&P 500 closed in the green, while the Dow Jones Industrial Average extended its losses.
Tech-heavy Nasdaq performed even better, rising by 1.22% or 212.35 points for...
Morgan Stanley’s strategist Michael Wilson offered a bearish outlook on U.S. stocks in a recent note sent to clients. According to Wilson, S&P 500 is headed towards 5% slump in the first part of 2025 amid growth risks.
Wilson, who serves as Chief U.S. Equity...
Food delivery giant DoorDash and retailer Williams-Sonoma saw their stocks surge in after-hours trading on Friday after the two companies announced they would join the S&P 500. Under the same circumstances, the shares of gas producer Expand Energy and sports and entertainment company TKO...
Chipmaker Nvidia reported its fourth-quarter earnings after the bell on Wednesday, beating the expectations of Wall Street analysts. The company also issued strong guidance for the current quarter on the back of an “amazing” demand for its latest artificial intelligence (AI) chip Blackwell.
Nvidia reported...
The U.S. stock market continues to be resilient amid the possibility of further changes to tariff policy and indications that the Federal Reserve intends to remain patient with further interest rate cuts. Benchmark S&P 500 closed at an all-time high for the second straight...
Trading app Robinhood’s decision to introduce cryptocurrency transactions to its platform is paying off big time. The company shared its fourth-quarter earnings on Wednesday and reported record profit and revenue.
Robinhood reported revenue of $1.01 billion in Q4, marking a 115% year-over-year increase and easily...
