It was a dizzying week on Wall Street. The S & P 500 closed this past Monday at a record high and then went on a four-session losing streak. Friday was particularly unsettling as terrible jobs data slammed the market and triggered President Donald Trump . Trump started the day …
Global artificial intelligence deals under the Trump administration this year have thrust “sovereign AI” into the limelight, bringing to life a new engine to power the AI investment cycle. While the first major wave of AI was tied to innovation spurred by private sector tech companies, Wall Street is now …
Palo Alto Networks shares fell Tuesday evening despite reporting better-than-expected earnings and revenue for its April quarter. We’ve seen the stock drop on earnings reports before due to lofty investor expectations, before ultimately recovering. This time may not be any different. Revenue in the cybersecurity company’s fiscal 2025 third quarter …
Trade deal progress dominated last week’s stock market and promises to be influential in the week ahead. In Switzerland this weekend, Treasury Secretary Scott Bessent started a dialogue over tariffs with Chinese officials. On Sunday, Bessent said the talks were productive and more details would be forthcoming at a Monday …
CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the US Capitol Rotunda in Washington, DC, on Jan. 20, …
Here are the biggest calls on Wall Street on Monday: Bernstein reiterates Nvidia & Broadcom at outperform Bernstein is bullish on both stocks in 2025. “Our top AI picks remain NVDA (still the best way to play AI and right at the start of a new product cycle), and AVGO …
Don’t sweat the drop in Palo Alto Networks stock, which came despite a solid beat and raise after Wednesday’s closing bell. The cybersecurity company delivered strong fiscal 2025 first-quarter results, beating estimates on basically every line. It also raised full-year guidance across several key metrics. However, the recently rallying stock …
Lina Khan, chair of the U.S. Federal Trade Commission, and Jonathan Kanter, assistant attorney general for the Justice Department’s antitrust division, participate in a discussion on antitrust reforms at the Brookings Institution in Washington on Oct. 4, 2023. Khan assumed the role of FTC chair in June 2021 after being …
Nelson Peltz adds stake in U-Haul Trian Fund Management added a nearly $80 million position in U-Haul Holding during the second quarter, according to a securities filing released Wednesday. Trian is run by activist investor Nelson Peltz, though it is not clear if he is trying to influence company management …
It’s all about to happen. But until it happens, then no money should be made waiting for it. We have to see its success to invest in it. Otherwise, the heck with it. There. That had been the bear case against artificial intelligence, generative AI, accelerated computing and large language …