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Markets overreacted to Warsh’s comments, Visser said, and expects the Fed to hold, citing AI-driven productivity as the rationale against near-term rate rises.
(Bloomberg) -- Nvidia Corp.’s server assembly partner Hon Hai Precision Industry Co. reported a stronger-than-expected increase in quarterly sales, a sign of sustained AI demand.Most Read from BloombergWhy the Great American State Fair Looks So EmptyOil’s Supply Wave, Tumbling Prices Rekindle Fears of Global GlutBrazil Freezes $2 Billion, Pursues Arrests After US SanctionTankers U-Turn in Hormuz, With Some Taking Iran Route InsteadExxon to Change Name for First Time in Decades After RedomicileRe
Taiwan's Foxconn, the world's largest contract electronics maker, reported a 39.8% year-on-year rise in second-quarter revenue that beat market forecasts on strong demand for AI products, though it cautioned about "volatile" global politics. Revenue for Nvidia's biggest server maker and Apple's top iPhone assembler jumped to T$2.513 trillion ($78.71 billion) in the April-June quarter, Foxconn said in a statement on Sunday. Strong AI demand led to robust revenue growth for its cloud and networking products division, while smart consumer electronics, which includes iPhones, posted "significant" growth, the company said.
Strong productivity gains from AI -- and lower inflation -- could be good news for these Vanguard ETFs.
SanDisk Corp. (SNDK) closed out the holiday-shortened week as the Nasdaq’s biggest loser, ending Thursday at $1,745 a share, down 26% for the week, according to Seeking Alpha. Micron (MU), Western Digital (WDC), Seagate (STX) and Teradyne (TER) fell alongside it, each posting double-digit weekly ...
When Jim Cramer says a stock is his favorite in a category and mentions it sits in his Charitable Trust as a "very big position," that is not a casual endorsement. Rather, it's a declaration of conviction. On Mad Money's Lightning Round on June 30, a caller asked about GE Vernova (GEV). Cramer did ...
(Bloomberg) -- After losing out big on the global AI rally, Indian equities are regaining the attention of investors seeking to weather the latest market turbulence.Most Read from BloombergWhy the Great American State Fair Looks So EmptyOil’s Supply Wave, Tumbling Prices Rekindle Fears of Global GlutExxon to Change Name for First Time in Decades After RedomicileBrazil Freezes $2 Billion, Pursues Arrests After US SanctionTankers U-Turn in Hormuz, With Some Taking Iran Route InsteadWith the artifi
Investing.com -- U.S. President Donald Trump and Russian President Vladimir Putin discussed the war in Ukraine, the conflict involving Iran, and next week’s NATO summit during an 85-minute phone call on Saturday, Bloomberg reported, citing the Kremlin.
Monster Beverage (MNST) shares have spent the summer moving toward record highs, and Morgan Stanley just gave investors a fresh reason to keep watching. The bank reiterated its Overweight rating and $103 price target on the energy drink maker this week. Morgan Stanley is standing by a call it has ...
Cathie Wood, chief of Ark Investment Management, is known for buying “disruptive” tech stocks during market pullbacks. That’s what she just did, adding one of her highest-conviction investments, Tesla, as the stock fell more than 7% in a day. In 2025, the flagship Ark Innovation ETF gained 35.49%, ...
Investing.com -- The Trump administration is expanding its effort to reduce federal regulations, proposing to eliminate 702 existing rules across government agencies as part of its latest deregulatory agenda, Bloomberg reported.
As America celebrates its 250th birthday this July 4 weekend, Jim Cramer took a moment on the "Mad Money" Lightning Round Tuesday, June 30, to flag a space company he believes could make investors real money over the next two years. The stock is AST SpaceMobile (ASTS). The call was brief, as ...
The worst-performing "Magnificent Seven" stock of 2026 owns about a quarter of one of the biggest IPOs in the pipeline.
Meta Platforms (META) has spent much of the artificial intelligence boom asking investors to trust the bill. But now Wall Street might finally be getting a clearer answer on how Mark Zuckerberg plans to turn that spending into revenue. Meta is establishing a cloud business to sell spare AI ...
JPMorgan Chase passed the Fed's bank stress test and is now returning more cash to shareholders, but its valuation is a bit of a worry.
Michael Dell pledged $250 for the first 25 million qualifying children who sign up for Trump Accounts as the federal investment program officially launched on Independence Day.
Consider the potential risk and reward of SpaceX stock heading into earnings season.
Anthropic will likely start trading in the coming months.
Jim Cramer has named plenty of favorite stocks over the years. His recent pick was trading in the low $20s less than a year ago. On June 30, the "Mad Money" host told viewers that Intel is now his top pick in the market. He credited CEO Lip-Bu Tan with pulling off one of the sharpest turnarounds in ...
Delta Air Lines (DAL) is set to provide investors with their first major hint as to whether higher airfares are still holding. That’s important since airline stocks have been squeezed by two competing pressures in 2026. Unpredictable fuel prices have offset strong travel demand. Now Bank of America ...
If you retired in 2023 or 2024, your money market fund delivered yields above 5% on virtually no risk, according to CNBC. Millions of retirees responded by parking record sums in cash, treating short-term instruments as a complete income strategy. That approach worked in a specific rate ...
FedEx is selling FedEx Supply Chain to shipping giant CMA CGM for $1.4 billion, narrowing its focus to premium B2B shipping, logistics, and freight moves.
Apple (AAPL) is reportedly prepping for a 2027 hardware push that will go beyond the usual chip refresh. The Cupertino giant is testing new iPad Pro models and working on a redesigned MacBook Pro, a Bloomberg report cited by Seeking Alpha noted, setting up what could become one of its more ...
SpaceX stock is 19% off its peak.
AeroVironment shares jumped 18.76% after posting strong fiscal Q1 2026 results with revenue of $641.6 million and an adjusted EPS beat.
An IPO rocket, a war rally and a new Fed gave investors plenty to think about. Plus: Our latest Financial Flashback, to the options-dating scandal 20 years ago.
Palantir Technologies is betting big on a simple idea: The U.S. government should never have to depend on someone else's AI model to protect the country. That idea is now a formal partnership. Palantir (PLTR) recently announced it is teaming with NVIDIA to give federal agencies and companies that ...
The recent Big Tech correction is a healthy reset, not a market crash. Big Tech capex remains the S&P 500's core engine. With falling gas prices driving down headline CPI and an impending dovish Fed pivot, current market levels offer an ideal entry point for a new historic rally.
Federal employees are traditionally forbidden from endorsing companies — the U.S. Office of Government Ethics issued a reminder right before Trump first took office — but presidents enjoy immunity to many such rules.
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