The market heads into a week overshadowed by tariff deadlines. Amazon and Walmart launch online summer sales...
Continue ReadingNew fiscal year brings another round of cuts; execs focus on agility, not bloat...
Continue ReadingThe lead portfolio manager for TheStreet Pro Portfolio takes a look at two big tech names...
Continue ReadingAAPL, ORCL, and GS stand out with cloud strength, AI-driven growth, and investment banking momentum despite macro headwinds...
Continue ReadingGoogle Cloud Touted as Hidden Giant in Alphabet Split Call...
Continue ReadingSTORY: :: Lisa Bernhard, Reuters:: Sam Stovall, Chief Investment Strategist, CFRA ResearchNvidia hit a market value of $3.92 trillion on Thursday, briefly putting it on track to become the most valuable company in history, as Wall Street doubled down on optimism about AI."When you look to other companies in the past that were the most valuable, whether it's IBM or Exxon, you have to say the only place they can go is down," said Stovall.But Nvidia's market cap milestone "shows that time has moved on, that inflation, that prices have increased," he explained. "And it also shows the importance of tech in general and AI in particular."Speaking with Reuters' Lisa Bernhard, Stovall added that the AI trade should help propel the S&P 500 and Nasdaq for the "next several months."...
Continue ReadingUPS will offer an early retirement package to drivers as it looks to cull 20,000 workers amid slower parcel growth. The post UPS drivers to receive buyout offer as company shrinks parcel network appeared first on FreightWaves...
Continue ReadingPLTR has surged 74.7% YTD, topping NVDA's 17.1% - but can it keep outperforming in the AI race despite its lofty valuation?...
Continue Readinghe stock market rally hit new highs heading into the Fourth Of July holiday. Tesla has fallen since the robotaxi launch while Uber just broke out...
Continue ReadingNvidia could be poised to become the most valuable company in history, as its market value nears $4 trillion...
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