Text size The Federal Reserve’s interest rate decision on Wednesday will be the main event of a week with several notable earnings reports and investor days, as well as the latest economic data. The Federal Open Market Committee concludes a two-day meeting Wednesday afternoon, with a decision expected at 2 p.m. ET. President Jerome Powell … Read more
The turmoil in financial markets, as the failure of three U.S. banks and uncertainty surrounding a major European bank continues to loom, hasn’t stopped some investors from buying into this so-called stock market bottom at a given time last week. That’s according to a weekly report released Friday by Vanda Research, which said retail investors … Read more
Shares of Adobe Inc. rallied in extended trading on Wednesday after the software company beat Wall Street expectations for the quarter and raised its outlook, while anticipating that its acquisition of the design platform interactive Figma will close by the end of the year. Adobe ADBE, +0.08% shares rose 5% after hours, after gaining less … Read more
A startup founded by former Apple Inc executives has unveiled a new $100 million investment round and partnerships with OpenAI, creator of ChatGPT, as well as Microsoft Corp. MSFT -0.18% Humane Inc., founded by Imran Chaudhri and Bethany Bongiorno, plans to launch a product this spring that integrates artificial intelligence into a consumer device. The … Read more
After a year in which rapidly rising interest rates sent stock and bond prices plummeting, investors are betting on quality. One way to do this is to look at free cash flow – and that could lead to better long-term returns for growth investors. The Pacer US Cash Cows 100 ETF COWZ, -0.60% shone as … Read more
Shares of CrowdStrike Holdings Inc. rose in extended trading on Tuesday after the cybersecurity company’s earnings and outlook beat Wall Street, and executives said they were targeting the hard-to-close small and midsize market. businesses. CrowdStrike CRWD, -2.08% shares soared as much as 8% after hours, after falling 2.1% to close the regular session at $124.93. … Read more
The main financial reasons for Nvidia Corp. why companies need efficiency is not to spend less money, but to spend more on technologies like artificial intelligence, even as chip sales dry up. “AI is at an inflection point”, Nvidia’s NVDA, -1.41% Colette Kress said Monday at Morgan Stanley’s Technology Media and Telecom conference. “We have … Read more
Text size C3.ai recently announced a tool that includes technology from the creator of ChatGPT, Open AI. The time of dreams C3.ai Shares soared on Friday after the artificial intelligence software provider posted better-than-expected earnings. Investor interest in C3.ai has increased in recent weeks as the market scrambles to find ways to play the emerging … Read more
Text size HP Enterprise provides servers, networks, storage and hardware. The time of dreams Hewlett Packard Enterprise released better-than-expected financial results for its fiscal first quarter ended Jan. 31 and raised its full-year guidance, a nice surprise amid a cascade of cautious comments this week from other tech companies on the outlook for business technology … Read more
Text size Dell reported revenue of $25 billion for its latest quarter. The time of dreams Dell Technologies reported better-than-expected financial results, despite continued weakness in the company’s personal computing business, as corporate IT spending exceeded estimates. But the company’s forecast fell short of Street’s estimates, putting pressure on the company’s stock price. Dell (ticker: … Read more