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US stock futures were little changed in premarket trading on Wednesday as investors braced for fresh Consumer Price Index (CPI) data, which could alter the Fed's interest rate calculus.
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Super Micro stock is rallying after results. Here’s what Wall Street is saying. Here’s what analysts are saying about Super Micro. Read at source
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World oil demand is set to fall further than previously expected this year, the International Energy Agency said Wednesday, as the impact of the closure of the Strait of Hormuz deepens.
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“The landlord has not been here in months, so I assume it was a previous tenant.”
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A T. Rowe Price fund manager thinks the hyperscalers can comfortably fund their investment spending, and moreover, derive high returns on that invested capital with a short payback schedule.
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Two very different pictures of China’s artificial intelligence race are coming into focus at the same time. Tencent, the roughly $500 billion conglomerate behind WeChat and one of the world’s largest gaming businesses, …
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Norway's $2.3 trillion sovereign wealth fund reported a record half-year profit of more than $184 billion on Wednesday, as a rally in Asian technology stocks helped the fund return 9.4%.
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AI cloud giant CoreWeave was up in premarket trading on Wednesday after reporting that its second-quarter revenue doubled, driven by surging demand from hyperscalers for AI compute capacity.
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The New York City Council is investigating marketing practices by prediction market platforms, the office of Council Speaker Julie Menin said on Wednesday.
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SpaceX’s valuation has soared, yet ERShares Private-Public Crossover ETF’s investors have seen little benefit.
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Albertsons Companies, Inc. ACI is an operator of food and drug stores. The Zacks Consensus Estimate for its current year earnings has been 5.1% downward over the last 60 days.
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MYR Group Inc. MYRG is one of the largest specialty electrical construction contractors in the U.S. and one of the best pure-play stocks to buy within an increasingly critical behind-the-scenes industry required to fuel…
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Micron Technology surged 18% on Thursday, rebounding from recent declines as Samsung’s Q2 earnings signaled long-term memory chip shortages due to AI demand. This commentary effectively countered previous bearish narrat…
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Milwaukee County executive David Crowley stunned Democratic socialist Francesca Hong in Wisconsin's Democratic gubernatorial primary, surging to victory after polls had him down by double digits.
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The gaming accessories maker best known for its headsets has seen its earnings revisions tank after a disappointing second-quarter release on August 6.
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DeepMind's new boss is set to face intense pressure to close the AI performance gap with OpenAI and Anthropic.
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Iran-backed Houthi rebels killed six people aboard a cargo ship in the Bab el-Mandeb Strait on Tuesday, the first reported fatalities from attacks targeting Red Sea shipping in more than a year.
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The Japanese yen has erased about half the gains from a historic U.S.-Japan intervention less than two weeks ago, as the fundamental forces that have pressured the currency to multi-decade lows prove increasingly resili…
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The dollar index (DXY00) rose by +0.06% on Tuesday. The dollar found support on Tuesday after WTI crude oil prices rose more than +1% to a 1-week high, which raises inflation expectations and may persuade the Fed to tig…
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Corn futures posted marginal losses on Tuesday, with contracts down 1 to 2 cents across the board. The CmdtyView national average Cash Corn price was down a penny at $4.07 3/4.
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A string of recent AI hacking incidents has pushed cybersecurity to the forefront of the conversation, as labs race to develop agentic AI from their frontier models.
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The AI cloud provider topped revenue and earnings expectations, with its CEO cheering “an important inflection point.”
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The company impressed Wall Street several weeks ago by teasing an improved profitability trajectory. Super Micro’s latest forecast has exceeded expectations as well.
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Cotton futures held higher in the front months on Tuesday, with gains of 9 to 64 points and the deferred contracts lower. The outside markets were being ignored, with crude oil down 51 cents/barrel and the dollar index …