Update: Market Chatter: CFTC Asks Big Banks for Nondisclosure Agreements in Swaps, Clearing Amid Whistleblower Concerns
Update: Market Chatter: CFTC Asks Big Banks for Nondisclosure Agreements in Swaps, Clearing Amid Whistleblower Concerns
During Tesla's first-quarter earnings call, investors learned that the company is exploring licensing opportunities in autonomous driving.
A bigger COLA may sound great, but it has some big drawbacks for retirees too.
Real estate mogul Grant Cardone took aim at the Biden administration's proposed 25% tax on unrealized gains on taxpayers with wealth greater than $100 million, asking his followers on X to imagine the value of their homes or stocks increasing $400,000. "YOU would owe $25,000 without selling," Cardone posted. "Another attempt to destroy middle-class America." The Budget of the United States Government for fiscal 2025 proposes a new minimum tax on income and unrealized capital gains — for the smal
Data analytics firm Palantir Technologies raised its annual revenue and profit forecast and beat first-quarter sales estimates on Monday, riding on strong demand for its services that help businesses deploy artificial intelligence applications. The company has emerged as a winner of the generative AI boom thanks to its artificial intelligence platform, which is used to test and debug code and help evaluate AI-related scenarios, among other uses. "AIP is driving a huge part of both our new customers and growth within existing customers and its having a huge impact on our business," chief revenue officer Ryan Taylor told Reuters.
Dow Jones Futures: AI stock leader Palantir plunged on earnings late Monday, while Apple's "Let Loose" event will take place Tuesday.
The last inflation report, which came in worse than expected, had investors worried about the Federal Reserve’s plans for interest rates this year. The central bank held rates steady in its most recent decision, cooling fears that a hike is in the offing. When combined with moderate gains in the Q1 earnings reports, it makes sense that we saw stocks rebounding as confidence in the market was restored. However, according to JPMorgan’s chief market strategist Marko Kolanovic, we’re not out of the
EV maker Lucid reported mixed first quarter results as a wider-than-expected loss trumped the company's confirmation that its Gravity SUV is still on track for a 2024 debut.
Nvidia's run at the top of the AI trend may be coming to an end, and smart money is pouring into these 2 AI winners.
"Rarely have I seen such a true win-win scenario for the government, Wall Street and the U.S. consumer."
General Electric officially split into GE Aerospace and GE Vernova in April. GE Aerospace now trades at its best level since the 2008 meltdown.