Business

US stocks whipsawed Thursday as investors digested Nvidia’s (NVDA) earnings and a more than 6% tumble from Alphabet (GOOG, GOOGL) amid a Department of Justice move to break up its empire. The Dow Jones Industrial Average (^DJI) was up 0.9%, while the S&P 500 (^GSPC) gained 0.3%. The tech-heavy Nasdaq …

Shares of Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) were pulling back today after the U.S. Justice Department (DOJ) asked a judge overseeing an antitrust case against the Google parent to order Alphabet to sell its popular Chrome web browser. The news was the latest sign of regulatory aggression toward Alphabet, and …

Owning shares of pharmaceutical giant Eli Lilly (NYSE: LLY) has generally been a great idea over the past year. Lilly’s diabetes medication Mounjaro and its sibling treatment for chronic weight management Zepbound have evolved into blockbuster drugs in short order — helping fuel Lilly stock to new all-time highs earlier …

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Despite the fact that it still sits in the top spot in its space, engineering a rebound might take time. In its latest quarterly report, management didn’t provide any guidance. For that, we’ll have to wait until the new CEO strategizes the company’s way forward. Some of the declines Nike …

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Adani Stocks Tumble After U.S. Charges Founder in $250 Million Bribery Scheme Source link

(Bloomberg) — Baidu Inc. (BIDU) recorded its biggest revenue drop in more than two years after China’s economic malaise undermined its push into generative AI. Most Read from Bloomberg Revenue for the three months ended September slipped 3% to 33.6 billion yuan ($4.6 billion), in line with analysts’ projections. Net …

A look at the day ahead in European and global markets from Ankur Banerjee The prospect of slowing sales growth at AI juggernaut Nvidia and simmering worries over geopolitical tensions are keeping investors on edge but bitcoin keeps marching upward, undeterred, towards $100,000 on bets that Trump 2.0 will be …

Microstrategy (NASDAQ: MSTR) continues its incredible run as the company sells more debt and equity to buy more Bitcoin (CRYPTO: BTC). Shares were up as much as 16% in trading on Wednesday and are up 12.5% near the end of trading on Wall Street. On Monday, the company announced it …