Nvidia became the most valuable company because of insatiable demand for its graphics processing unit, or GPU, the primary chip used for creating and deploying artificial intelligence.
July 21 (Reuters) - A nonprofit that licenses the University of Tennessee's intellectual property has sued artificial-intelligence giant Anthropic in Delaware federal court for allegedly infringing its patents related…
Nebius (NBIS) stock is charging higher on Tuesday after a fresh SEC filing confirmed the artificial intelligence (AI) darling, Nvidia (NVDA), holds a 9.3% stake in the neocloud operator. Of the 2.26 million NBIS shares …
Internal Revenue Service CEO Frank Bisignano dismissed allegations that he spied on his fellow executives while working at JPMorgan Chase more than a decade age. "None of it's true," Bisignano told CNBC on Tuesday.
When they head to the polls in November, Americans will have a rare opportunity to use their voting power to directly shape tax policy. Ballooning government spending and growing tax burdens across the U.S. have led to …
Elon Musk warned that investors betting against SpaceX have little chance of survival — even as short sellers boosted their wagers against the company to about one-third of its publicly tradable shares ahead of several …
SpaceX's stock gained 7% on Tuesday, attempting to snap a seven-day losing streak after setting its maiden earnings report, which coincides with a major share lock-up expiration.
Time to buy the dip in momentum stocks after a punishing July drawdown? Here’s what history tells us. Investors who can stomach a little short-term volatility are often rewarded. Read at source
Corn prices are down 1 to 2 cents as the trade kicks off Tuesday trade. Futures closed the Monday session slipping back from the highs, rounding out trade with 2 to 5 ½ cent gains. Open interest was up 8,606 contracts o…
“Let the oil flow!” With those words on Sunday evening, US President Donald Trump announced that the United States had reached an agreement to end the war with Iran after more than one hundred days and open the Strait o…
Two of the biggest names in chip manufacturing, Taiwan Semiconductor Manufacturing Co. and ASML, both reported strong earnings this week as demand for artificial intelligence chips remains sky high.
Many investors remain enamored with the so-called "Mag 7" and the tech-led U.S. stock market. A history lesson may be in order so they don't get hobbled by mistakes that sank portfolios in the early 2000s.
In this episode of The Morning Filter podcast, co-hosts Dave Sekera and Susan Dziubinski unpack the stock market’s response to the US-Iran ceasefire and discuss how investors should be thinking about their portfolios as…
What happened: 3M (MMM) stock jumped more than 6% in premarket trading on Tuesday after the industrial conglomerate beat Wall Street's earnings expectations and raised its full-year guidance.
Hasbro (HAS) came out with quarterly earnings of $1.28 per share, beating the Zacks Consensus Estimate of $1.17 per share. This compares to earnings of $1.3 per share a year ago. These figures are adjusted for non-recur…
Novo Nordisk on Tuesday filed a lawsuit against Eli Lilly, alleging that its advertising campaigns for its blockbuster obesity and diabetes drugs are designed to mislead consumers about their superior efficacy relative …
While parts of the U.S. economy are reopening after months of shutdown to curb the coronavirus pandemic, many office workers are entering their fourth month of working from home. Major companies, including Twitter and F…
The S&P 500 Index ($SPX) (SPY) on Monday closed down -0.19%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.59%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.04%. September E-mini S&P futures (ESU2…
Barnes & Noble Education (NYSE:BNED - Get Free Report) was downgraded by analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a report released on Monday.
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