Is AI Stock A Buy Now?
C3.ai's sales of $72.4 million came in at the higher end of guidance. Loss per share narrowed to 9 cents from 12 cents in the year-earlier quarter.
C3.ai's sales of $72.4 million came in at the higher end of guidance. Loss per share narrowed to 9 cents from 12 cents in the year-earlier quarter.
Avantis Labs, a decentralized finance (DeFi) derivatives ecosystem, has raised $4 million in a seed funding round led by Pantera Capital, the company’s co-founder and CEO Sehaj Singh exclusively told TechCrunch. Founders Fund, Galaxy, Coinbase’s Base Ecosystem Fund and Modular Capital also invested in the round. The capital will be used to grow its flagship product Avantis, a perpetual-trading and market-making protocol.
Worries about rising bond yields and the strengthening dollar weighed on shares. The Nasdaq dropped 1.6%.
The Covid trade is out. Investors have piled into bets against Novavax, [the struggling vaccine developer](https://www.wsj.com/livecoverage/stock-market-news-today-02-28-2023/card/novavax-shares-slammed-in-late-trading-after-going-concern-warning-myWePGCVFJtdDTPQalW2) that was late to market with its Covid-19 vaccine.
When Costco lists gold bars for sale online, "they're typically gone within a few hours and we limit two per member," its CFO told investors.
What should we make of today’s market conditions? Investors have started digesting how the Federal Reserve’s ‘higher for longer’ interest rate policy will impact the economy, and they’re not pleased with the prospect. Other challenges on the horizon include an increasing probability of a government shutdown as Congress grapples with partisan disagreements over annual budget resolutions, declining consumer confidence as worries mount, and a sharp surge in oil prices on the commodity trading floor
With WTI crude oil prices spiking 4% today and currently near $94 a barrel it's noteworthy that several Zacks Oils and Energy sector stocks are standing out with stellar dividend yields and the ability to benefit from the surging commodity price.
"Today's selloff seems to have been caused by a confluence of factors. That's actually good news, in that there is no obvious crisis in the offing."
The markets have mostly been in a downtrend since midway through the summer, with a pensive mood driving the narrative. Concerns include higher oil prices, the prospect of interest rates remaining elevated for the time being, while worries about a recession are yet to abate. However, a new note from Bank of America’s head of US equity & quantitative strategy, Savita Subramanian, sets out the bullish case for the final quarter of 2023. “I see far more bullish indicators for mid and large-cap stoc
Can investors realistically time the market to maximize returns, especially over the long term? According to a recent study from Charles Schwab, perfect market timing is practically impossible. The firm’s research showed that most investors are better off investing as soon as possible using a buy-and-hold strategy rather than trying to predict short-term peaks and […] The post Forget About ‘Timing the Market’: Schwab Research Reveals the Optimal Way to Invest appeared first on SmartReads by Smar
Stocks have suffered a rough September, with the S&P 500 dropping from 4,516 at the month's start to 4,275. Look out below?
Realty Income Corp. (O) closed the most recent trading day at $49.66, moving -1.19% from the previous trading session.
NextEra Energy subsidiary, NextEra Energy Partners, LP, significantly reduced its distribution growth outlook, blaming Federal Reserve moves to fight inflation, and shares of both plunged.
In the world of stock markets, a well-known adage prevails: insiders may sell shares of their own companies for a myriad of reasons, but their decision to buy stock typically hinges on one belief – that the shares are set to rise. By insiders, we mean the corporate officers that sit on company boards and are the in-the-know types with access to the sort of information not available to the casual investor. By law, they are required to make their purchases public, thereby keeping the playing field
In the latest trading session, Nokia (NOK) closed at $3.70, marking a -0.8% move from the previous day.
(Bloomberg) -- The two-month selloff in US stocks threatens to intensify as options dealers on Wall Street and fast-money traders both turn against the market. Most Read from BloombergChina Puts Evergrande’s Billionaire Founder Under Police ControlElon Musk Wins US Space Force Contract for StarshieldCitadel Is Ready to Fight With SEC Over WhatsApp ProbeLululemon Strikes Deal With Peloton for Fitness Content, Will Ax Mirror DeviceBond Selloff Grinds on as Oil Tests $94 a Barrel: Markets WrapSuch
Deutsche Bank analyst Emmanuel Rosner cut his price target on Tesla stock to $285 from $300. The EV maker may face limited volume growth next year, he writes.
(Bloomberg) -- Greg Lippmann, the trader who was immortalized in Michael Lewis’s book “The Big Short,” sees a soft landing by the Federal Reserve as unlikely and is focusing on investments that would perform well in a tougher economic environment or if rates were to rise further.Most Read from BloombergChina Puts Evergrande’s Billionaire Founder Under Police ControlElon Musk Wins US Space Force Contract for StarshieldCitadel Is Ready to Fight With SEC Over WhatsApp ProbeLululemon Strikes Deal Wi
(Bloomberg) -- China Evergrande Group and its units suspended trading in Hong Kong, a day after people familiar with the matter said the property giant’s founder had been taken away by police.Most Read from BloombergChina Puts Evergrande’s Billionaire Founder Under Police ControlElon Musk Wins US Space Force Contract for StarshieldCitadel Is Ready to Fight With SEC Over WhatsApp ProbeLululemon Strikes Deal With Peloton for Fitness Content, Will Ax Mirror DeviceBond Selloff Grinds on as Oil Tests
The losses, which totaled about $106 billion at the end of the second quarter, could have widened by over $10 billion in the current quarter.
The housing sales slowdown will last awhile, as no one is selling their home unless they absolutely have to, according to Redfin's CEO.