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Finance
Big Tech earnings highlighted big spending on artificial intelligence. Here’s what it means for AI king Nvidia
Nvidia (NVDA) has needed help from its Big Tech friends to become Wall Street's artificial intelligence darling. Those friends haven't left the party yet. In their earnings reports…
Ford shares fall 11% after earnings underline worries about costs and EV plans
Ford Motor Company's electric F-150 Lightning on the production line at its Rouge Electric Vehicle Center in Dearborn, Michigan, on Sept. 8, 2022.Jeff Kowalsky | AFP | Getty…
Stocks making the biggest moves midday: Intel, Chipotle, Juniper Networks and more
Check out the companies making headlines in midday trading. Intel — Shares of the chipmaker popped 9.6% Friday, a day after Intel reported third-quarter results that topped…
GM, UAW may be nearing a labor deal after marathon negotiating session
Striking United Auto Workers (UAW) members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan September 29, 2023.Rebecca Cook | ReutersDETROIT —…
JPMorgan Chase stock slips after bank says CEO Jamie Dimon is selling 1 million shares
JPMorgan Chase CEO Jamie Dimon will begin to sell 1 million shares of the bank he runs next year, the company said Friday in a filing.The plan sparked concern that Dimon, who is 67…
Elon Musk wants your ‘entire financial life’ on X: Report
SpaceX, Twitter and electric car maker Tesla CEO Elon Musk, attends a US Senate bipartisan Artificial Intelligence (AI) Insight Forum at the US Capitol in Washington, DC, on…
Key Fed inflation gauge rose 0.3% as expected in September; spending tops estimate
Inflation accelerated in September but consumer spending was even stronger than expected, according to a Commerce Department report Friday.The core personal consumption…
5 things to know before the stock market opens Friday
Here are the most important news items that investors need to start their trading day:1. Limping homeStocks are on track for a losing week as we enter Friday. The three major U.S.…
Saudi Arabia is serious about its Jan. 1 deadline for companies to move regional headquarters to Riyadh — or lose out on…
The Saudi National Bank headquarters and other buildings in Riyadh.Bloomberg | Bloomberg | Getty ImagesRIYADH — Saudi Arabia is holding on to its ultimatum that foreign companies…
Huawei’s revenue barely rose in the third quarter, despite phone and car sales growth
Visitors line up in front of the Huawei flagship store on Nanjing East Road, one of the city's main commercial and tourist area, in Shanghai, China, on Sept. 30, 2023.Bloomberg |…