Business

Micron (MU) is the first chipmaker to report quarterly results this earnings season. Its report, scheduled for release after the bell on Wednesday, will provide insight into how the semiconductor sector is faring amid high expectations from Wall Street. Micron’s memory chip business has undergone a resurgence over the past …

(Bloomberg) — Micron Technology Inc. will probably become the latest chipmaker to assure investors that demand for AI-related gear is still strong. Like many peers, it may also admit that other staple areas of demand such as PCs and smartphones remain in the doldrums. Most Read from Bloomberg The company …

Warren Buffett Bet $1M He Could Outperform Hedge Funds Over A Decade. He Did It With A Strategy Requiring No Investing Skill Back in 2007, Warren Buffett made a bold move. The legendary investor bet $1 million that a simple, no-frills S&P 500 index fund could beat a selection of …

US stocks traded mixed on Wednesday after markets hit their latest all-time highs as investors looked to upcoming data for clues to the health of the economy and the chances of another jumbo rate cut. The Dow Jones Industrial Average (^DJI) reversed earlier gains to fall about 0.4% while the …

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Access to this page has been denied because we believe you are using automation tools to browse the website. This may happen as a result of the following: Javascript is disabled or blocked by an extension (ad blockers for example) Your browser does not support cookies Please make sure that …

(Reuters) – U.S. stock index futures slipped on Wednesday, with investors avoiding big bets as they awaited more clues on the health of the economy and the outlook for interest rate cuts after the Federal Reserve kicked off its policy easing cycle a week ago. The benchmark S&P 500 and …

WASHINGTON (Reuters) – U.S. Vice President Kamala Harris has announced a basket of economic proposals aiming to lower living costs for middle and lower-class Americans and boost the economy overall by using tax incentives and other tax shifts. Some of her ideas build on unfinished business in President Joe Biden’s …

Larry Ellison owns 42% of Oracle (NYSE: ORCL), a $465 billion technology giant that is building some of the most powerful data centers for artificial intelligence (AI) development. Nvidia (NASDAQ: NVDA) supplies Oracle and most other tech companies with data center chips called graphics processing units (GPUs). Nvidia has experienced …

By Liangping Gao, Ellen Zhang and Marius Zaharia BEIJING/HONG KONG (Reuters) – China’s central bank has shifted to a more aggressive easing stance, but its policy weapons don’t have the key enemy to economic growth in their line of sight: the persistently weak consumer demand. The liquidity injections and the …