Business

When you think about artificial intelligence (AI), things such as self-driving cars and humanoid robots might come to mind. Counterintuitively, it’s often a good idea to think about how products are actually brought to life whenever a new big trend emerges. Some of the most lucrative opportunities are also often …

In the pharmaceutical world, it’s never good for a company to stumble in a hot therapeutic area, especially if it has some determined rivals competing in the same segment. That was the dynamic behind Wegovy and Ozempic developer Novo Nordisk‘s (NYSE: NVO) Friday stumble on the stock exchange –following its …

Samuel Corum/Getty Images US stocks were mostly lower Friday, though the Dow eked out a gain to close at a record high. The Federal Reserve’s first interest rate cut since 2020 helped drive the week’s gains. Investors see the Fed’s easing as a positive sign for the economy and the …

Retirement Ready? Think Again As Experts Warn Homeowners Still Paying Mortgages That They ‘Are Much More Likely To Be Overconfident’ Owning a home can give some people confidence about their retirement prospects, but experts warn that this confidence might be misplaced. According to the Your Money Retirement Survey conducted by …

BMO’s Brian Belski updated his S&P 500 price target to 6,100 this week. Bloomberg TV BMO’s Brian Belski raised his S&P 500 price target to 6,100, signaling 7% upside by year-end. The Fed’s rate cut and favorable seasonal data support the bullish stance. Belski cites broadening market gains and a …

Adobe Firefly, Tyler Le/BI Stifel warns of a sharp stock market correction by year-end, with the S&P 500 potentially dropping 12%. Chief equity strategist Barry Bannister said high valuations and speculative investor behavior are a concern. “Our instruments tell us to expect an S&P 500 correction to the very low …

FedEx Stock Plunges After Earnings. Wall Street Says Stick With It, Mostly. Source link

Graphics processing units (GPUs) have been Nvidia‘s (NASDAQ: NVDA) bread-and-butter business for a long, long time. The company initially made its name producing GPUs meant for deployment in personal computers (PCs) for gaming and content creation, before eventually striking gold with its data center GPUs that are now in red-hot …

Trump Media Stock Hits Record Low on the Day Trump Can Begin Selling Shares Source link

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