Feb.19 -- Becky Liu, head of China macro strategy at Standard Chartered Plc, discusses the country's efforts to support the economy amid the coronavirus outbreak, and the implications for markets. Banks lowered the benchmark borrowing costs for new corporate and household loans after Beijing slashed a range of policy rates this month. Liu speaks with Haidi Stroud-Watts and Shery Ahn on "Bloomberg Markets: China Open."
Costco made buying a gold bar as simple as tossing it in a shopping cart. Adam Xi, 33 years old, called five different dealers to get a price he could accept for the gold bar he bought at Costco in October. Costco shoppers are spending as much as $200 million monthly on gold, according to a Wells Fargo estimate.
The S&P 500 could bottom out in the next month, according to Fundstrat's head of research Tom Lee.
Super Micro Computer just spooked its investors with a suggestion that it will earn exactly what it promised to earn three months ago.
Magnificent Seven stocks, including AI leader Nvidia, are among the best stocks to buy and watch in today's stock market.
Recently, Zacks.com users have been paying close attention to Pfizer (PFE). This makes it worthwhile to examine what the stock has in store.
(Bloomberg) -- Super Micro Computer Inc. shares are seeing their biggest drop in about two months on Friday, leading a sharp decline among technology stocks with exposure to artificial intelligence.Most Read from BloombergElon Wants His Money BackNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemDubai Grinds to Standstill as Flooding Hits CityIsrael Reported to Have Launched Retaliatory Strike on Iran‘Mag Seven’ Get Crushed Before Next Week’s Results: Markets WrapThe maker
If you are still holding to Nvidia stock, here is a key sell signal to watch for: Shares dipped below the 50-day moving average Friday. Nvidia's chart shows that its relative strength line, which compares the company's stock performance to the S&P 500, is flattening. Chief Executive Jensen Huang recently addressed students at his alma mater of Oregon State University and stated that "artificial intelligence is the technology industry's single greatest contribution to social elevation."
While more older boomers tend to have a pension, a looming wave of younger retirees are about to strain the economy and Social Security.
Microsoft has been one of the pioneers in the field of AI, but this tech giant is also set to win big time from the growing adoption of this technology.
J&J (JNJ) posts mixed first-quarter 2024 results. Lilly's (LLY) tirzepatide meets key goals in late-stage studies for obstructive sleep apnea.