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Gangwani named CIO of Legal & General Retirement America; ERISA attorneys hired by Norton Rose Fulbright and Nossaman; Abrdn CEO steps down as asset manager searches for a replacement; and more.
Investors positioned themselves ahead of the long weekend and the coming summer
Stocks are coming off a losing session Wednesday, and Wall Street is assessing the latest quarterly results from market bellwether Nvidia.
(Reuters) - Nvidia forecast quarterly revenue above estimates on Wednesday and announced a stock split, lifting its shares to record-high territory and impressing investors who have tripled the chipmaker's market value in the past year on AI optimism.
(Bloomberg) -- US equity futures rallied following upbeat earnings from Nvidia Corp. released after the New York close, which reinforced optimism for the global artificial intelligence boom.Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceNvidia Delivers on AI Hype, Igniting $140 Billion Stock RallyCiti Trader Got 711 Warning Messages Before Sparking Flash CrashOne Dead After Singapore Air Flight Hit By Severe TurbulenceNvidia said second-quarter revenue will be abo