Business

Things have gone from bad to worse for Super Micro Computer (NASDAQ: SMCI). After a scathing short report highlighted questionable accounting practices, the company’s auditor resigned, and it has not been able to file its annual report at its expected due date. The once-loved artificial intelligence (AI) stock is showing …

(Bloomberg) — Most Asian stocks are set to fall early Monday as traders rein in expectations of Federal Reserve easing and come to terms with the cost of President-elect Donald Trump’s proposed fiscal and trade policies. Most Read from Bloomberg Equity futures in Australia, Japan and mainland China point to …

Shares of SoundHound AI (NASDAQ: SOUN) sank following the release of its third-quarter results, despite the voice artificial intelligence (AI) company seeing surging revenue in the quarter. However, the stock is still up about 200% on the year, as of this writing. With the company reporting strong revenue growth, let’s …

Bitcoin Hits An All-Time High, But Nvidia Has Outperformed It Dramatically Over The Last Five Years Bitcoin might be making headlines for hitting an all-time high after the U.S. presidential election, but an even more impressive success story is unfolding. While the world’s most popular cryptocurrency is nearing the $100,000 …

A little over 10 years ago, I had a curious encounter on the metro in Washington, D.C., that ended up changing my life. While mindlessly scrolling on my iPhone to pass the time, I noticed a man cruising on his laptop in the seat across from me. He was wearing …

MANILA (Reuters) – The Philippine central bank announced the launch on Monday of an interest rate swaps market anchored to a newly established benchmark rate to enhance bond market trading and liquidity. The start of IRS transactions follows the recognition by the International Swaps and Derivatives Association of the benchmark …

The stock market has ridden the excitement for artificial intelligence (AI) to new heights. It’s not all hype; according to McKinsey, AI could add as much as $13 trillion to the global economy by 2030. Sure, some stocks have risen faster than others, so perhaps some stocks have gotten too …

The stock market has been roaring this year. Most sectors have rallied, including energy. The average energy stock in the S&P 500 is up more than 10% this year. Despite that rally, several energy stocks still look like compelling buys. Chevron (NYSE: CVX), MPLX (NYSE: MPLX), and Occidental Petroleum (NYSE: …

• Fed speakers and Nvidia earnings will be in focus this week. • Nvidia is a buy with another huge beat-and-raise quarter on deck. • Target is a sell amid declining sales, downbeat outlook expected. • Looking for more actionable trade ideas? Subscribe here for up 55% off as part …

Investors this year have grown increasingly confident the US economy will achieve a “soft landing.” But the election of Donald Trump as the nation’s next president has complicated the outlook. And some economists now think it’s likely the US could face another inflation resurgence if Trump follows through with his …