Shopify stock slumps after the e-commerce company posts a surprise loss and warns that the sale of its logistics business will weigh on second-quarter revenue growth, Uber swings to a first-quarter loss, and Lyft’s quarterly revenue jumps 23%.
Analysts see Nvidia's earnings per share soaring 474% to $5.22, with revenue up 241% to $24.5 billion.
New indicators of a cooling economy eased inflation concerns, driving the S&P 500 to record highs last week. The index, which dropped around 4% in April, is now up 11% for the year. Will this momentum continue? Savita Subramanian, head of US Equity and Quantitative strategy at Bank of America, believes it will. She’s taking an upbeat stance on the current market outlook, and backs it with a look at long-term results from the past 300-plus quarters. “20 were recessionary, 13 were stagflationary,
The software giant goes with Nvidia's rival for a platform of AI chips.
The Under Armour meltdown continues.
This booming restaurant business has crushed the market in the past few years.
A crucial earnings report from AI leader Nvidia greets a stock market that hit new records last week.
Data center services are on the rise as generative AI continues to fuel the broader technology sector.
Consumer prices climbed 3.4% year-on-year in April.
It's now Buffett's biggest holding by far for Berkshire Hathaway.
The stock market is right at highs but Nvidia earnings offer a major test. Five AI stocks are near buy points.