There could be some pretty good inflation news on the way from the Commerce Department when it releases a key economic report Friday.
Category: Finance News
Chewy stock jumps after trader Roaring Kitty posts picture of cartoon dog
Shares of the online pet food retailer popped on Thursday after meme stock leader Roaring Kitty posted a picture on social media platform X resembling its logo.
Stocks making the biggest moves midday: Walgreens Boots Alliance, Levi Strauss, International Paper and more
These are the stocks posting the largest moves in midday trading.
Retail traders came out in force to buy the recent dip in AI darling Nvidia
Main Street investors took Nvidia’s recent sell-off as a buying opportunity, snapping up shares of the dominant artificial intelligence chipmaker.
Supreme Court curbs SEC powers to enforce securities laws
The case is one of several on the docket in which the conservative majority court is weighing business-backed efforts to curb the power of federal agencies.
Stocks making the biggest moves premarket: Walgreens, Levi Strauss, Micron and more
These are the stocks posting the largest moves in premarket trading.
JPMorgan Chase says its stress test losses should be higher than what the Fed disclosed
Last year, Bank of America and Citigroup made similar disclosures, saying that estimates of their own future income differed from the Fed’s results.
Federal Reserve says all 31 banks in annual stress test withstood a severe hypothetical downturn
This year’s stress test included JPMorgan Chase and Goldman Sachs, credit card companies including American Express and regional lenders like Truist.
Stocks making the biggest moves midday: Rivian Automotive, FedEx, Whirlpool and more
These are the stocks posting the largest moves in midday trading.
Morgan Stanley wealth advisors are about to get an OpenAI-powered assistant to do their grunt work
The rollout will be a real-world test for the vaunted productivity gains of generative AI, which took the world by storm in late 2022.