U.S. stocks finished higher on Thursday, having received a boost from strong GDP data released earlier, as the S&P 500 and Nasdaq Composite extended their winning streaks to a sixth straight session.
The first read on the U.S. economy in the fourth quarter shows growth busting through Wall Street predictions. How come? Consumer spending, the main engine of the economy, continued to hum. That was ...
Since last August 31 ’23, NVDA’s revenue estimate has been revised higher by 49% while the EPS estimate has been revised higher by 64%. Even with the Blackwell delay, the NVDA EPS and revenue ...
The Federal Reserve's primary inflation measure hit its highest level since November 2023, while first-quarter GDP growth slightly undershot forecasts, despite a huge boost in spending on AI-related ...
The U.S. economy sizzled in the third quarter, but the Federal Reserve's primary inflation rate showed easing price pressures. The data helped keep the 10-year Treasury yield from breaking through 5%, ...
The S&P 500 has gained 2.2% following the announcement of a ceasefire. While the reaction is not completely unexpected, I do believe that the optimism seen in the stock markets is premature, as the ...