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May 1, 2024
Asian markets are wobbling in early trading after U.S. stocks swung to a mixed finish with the Federal Reserve delaying cuts to interest rates. U.S. futures surged and oil prices
May 1, 2024
Asian markets are wobbling in early trading after U.S. stocks swung to a mixed finish with the Federal Reserve delaying cuts to interest rates. U.S. futures surged and oil prices
May 1, 2024
Asian markets are wobbling in early trading after U.S. stocks swung to a mixed finish with the Federal Reserve delaying cuts to interest rates. U.S. futures surged and oil prices
May 1, 2024
After turning in a lackluster performance for much of the session, stocks saw substantial volatility following the Federal Reserve's monetary policy announcement Wednesday afternoon.
May 1, 2024
Advanced Micro Devices and Super Micro Computer led a selloff in chip stocks on Wednesday after their earnings disappointed investors, who had piled into the sector on hopes rising AI investments would boost demand. AMD was down 5.4% and is on course to lose more than $13 billion in market value. Its forecast of $4 billion in AI chip sales for 2024 fell short of Wall Street's lofty expectations, having been used to Nvidia's massive forecasts over the past year.
May 1, 2024
ASX futures fall. Woolworths says food prices largely flat. Wall St mixed. Fed chairman says rate rise unlikely. Oil retreats, bitcoin sinks. Follow here.
May 1, 2024
CoreWeave intends to set up more of its clouds full of graphics processing units in more places around the world as it goes up against Amazon and Google.
May 1, 2024
Asian markets are wobbling in early trading after U.S. stocks swung to a mixed finish with the Federal Reserve delaying cuts to interest rates. U.S. futures surged and oil prices
May 1, 2024
Stocks showed a lack of direction early in the session on Wednesday and continued to turn in a lackluster performance in afternoon trading. While the Nasdaq and the S&P 500 have slid a little more firmly into the red, the narrower Dow is posting a modest gain.
May 1, 2024
U.S. stocks finished mixed after the head of the Federal Reserve said the cuts to interest rates that Wall Street craves so much are still likely, even if they’re delayed