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News of the day for September 6, 2024 Anna Rose Layden / Stringer / Getty Images Investors will be closely watching for fresh jobs data that could influence the Federal Reserve’s stance on interest rates, Broadcom (AVGO) shares are tumbling in pre-market trading after the chipmaker issued light revenue guidance …

Super Micro Computer (NASDAQ: SMCI) was one of this year’s best-performing stocks, even outpacing Nvidia. However, it has fallen on hard times after a poorly received earnings report and a short-seller announcement. The stock now sits more than 60% off its all-time highs after combining these two factors and a …

For the last 128 years, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI) has served as a guide to help investors gauge the health of the U.S. stock market. At its inception in May 1896, the Dow Jones was composed of 12 companies that, not surprisingly, were prominently tied to …

Following the stock picks of billionaires can help any investor become more informed about the markets and what stocks might be worth closer consideration. Billionaire investors tend to focus on relatively safe companies that can grow and preserve wealth, and they can afford to conduct thorough research into the companies …

Getty Images; Jenny Chang-Rodriguez/BI Applied Digital raised $160 million on Thursday, with Nvidia participating in the funding. Applied Digital builds and operates next-generation data centers that cater to accelerated computing. The stock soared as much as 76% on Thursday after news of the fresh investment. Applied Digital is the latest …

(Bloomberg) — The dollar weakened and US stock futures slipped as traders prepared for US jobs data that may determine the size of a Federal Reserve interest-rate cut this month. Most Read from Bloomberg Listen to the Bloomberg Daybreak Europe podcast on Apple, Spotify or anywhere you listen. Bloomberg’s gauge …

Caroline Brehman/CQ-Roll Call, Inc via Getty Images The Dow and the S&P 500 fell while the Nasdaq rose Thursday as investors braced for Friday’s jobs report. Last week’s jobless claims fell slightly, while private payrolls rose less than expected in August. The August nonfarm payroll report will be an important …

Nvidia CEO Jensen HuangDavid Zalubowski/AP Nvidia stock has tumbled since it reported earnings last week. Bank of America says the slide opens up an attractive buying opportunity. The chip maker’s stock is trading near its lowest valuation in five years, the bank said. Nvidia bulls may feel paralyzed by the …

By Stella Qiu SYDNEY (Reuters) – Asian shares clung to tight ranges and the dollar nursed losses on Friday, with investors on tenterhooks ahead of U.S. jobs data that could decide the size and speed of coming rate cuts in the world’s largest economy. As of now, oil prices are …

Investopedia / Photo Illustration by Alice Morgan / Getty Images Key Takeaways Broadcom posted a loss in its fiscal third quarter, primarily due to acquisition-related amortization costs. The company is continuing to integrate the software firm VMWare, which it acquired in November. The company’s fiscal fourth-quarter guidance came up just …