It was a stellar week for stocks as Wall Street speculated on the Federal Reserve’s upcoming and highly anticipated interest rate decision and what comes next. The S & P 500 and Nasdaq each hit multiple record highs since Monday. A mixed bag of economic data, along with a blowout earnings report from Oracle ,…
Traders work on the floor at the New York Stock Exchange in New York City, U.S., Sept. 10, 2025. Brendan McDermid | Reuters Stocks rose on Thursday as traders anticipated that the latest reading of a key consumer inflation gauge won’t stand in the way of the Federal Reserve lowering its benchmark interest rate next…
Check out the companies making the biggest moves midday: Oracle — The stock surged 39% after Oracle reported that multicloud database revenue from Amazon, Google and Microsoft grew at the rate of 1,529% in its last quarter. That helped investors look past fiscal first-quarter earnings and revenue from the company that came in weaker than…
Apple shareholders and investors betting on a Federal Reserve rate cut have received good news lately. The week ahead offers tests to both camps. Fresh off Friday’s soft jobs report, the other side of the Fed’s dual mandate of maximum employment and price stability will take center stage in the coming days. But first, we’ll…
OpenAI CEO Sam Altman walks on the day of a meeting of the White House Task Force on Artificial Intelligence (AI) Education in the East Room at the White House in Washington, D.C., U.S., September 4, 2025. Brian Snyder | Reuters OpenAIÂ has sharply raised its projected cash burn through 2029 to $115 billion as it…
The stock market kicked off the historically tough month of September on a rocky note as Wall Street speculated about the magnitude of the Federal Reserve’s next interest rate decision. Initially, the S & P 500 and Nasdaq hit all-time intraday highs Friday morning as investors digested a slower-than-expected August jobs growth . The weak…
Check out the companies making headlines before the bell: Broadcom — The chipmaker jumped 10.4% after beating both lines for the third fiscal quarter. The company also said its artificial intelligence-related revenue surged 63%. Lululemon Athletica — The athleisure company sank 19% after its full-year guidance missed estimates . Lululemon expects fiscal-year earnings of $12.77…
Sanjay Poonen, CEO of Cohesity is the former COO of VMware and President of SAP. Scott Mlyn | CNBC Data security firm Cohesity is eyeing a potential initial public offering in 2026 with ambitions to achieve a valuation that rivals its publicly traded $17-billion peer Rubrik. The move would mark an important milestone for Nvidia-backed…
The sun has set on Nvidia earnings week. Time to close up shop and return in three months when it reports again because nothing else matters, right? Not quite. Grabbing the spotlight from Nvidia in the week ahead is the U.S. jobs market — plus, there are a few noteworthy earnings reports within the broader…
A strong month for the stock market ended on a sour note. The S & P 500 on Friday retreated just over 0.6% from Thursday’s record high close. That decline sent the index slightly into the red for the week and ended its four-week winning streak. For the month of August, however, the S &…
