Finance
Dow Hits Record High, Other Markets Dip After Nvidia Results
Dow Hits Record High – The stock market experienced a mixed performance on Thursday, with the Dow Jones Industrial Average (DJIA) reaching a new all-time...
Fitch Affirms US Credit Rating at “AA+”, Despite Rising Debt Concerns
Agency Maintains Stable Outlook Fitch Affirms US Credit Rating – Ratings agency Fitch has affirmed the United States’ credit rating at “AA+”. This decision highlights...
Dollar General’s Stock Tumbles as Customers Feel Financial Strain
DG Stock Price Drop : Dollar General (DG) stock plummeted by 28% on Thursday. This decline followed the company’s announcement that it had cut its...
Best Buy Surprises with Strong Q2 Results and Raises Outlook
Best Buy Strong Earnings and Sales Growth – Best Buy Co., Inc. (BBY) recently reported impressive financial results for the second quarter of fiscal 2023....
Applications for Jobless Benefits Decline Amid Stable Labor Market
Jobless claims decrease by 2,000 — The number of Americans seeking unemployment benefits fell slightly last week. This decline shows that the U.S. labor market remains...
U.S. Economy Grows at a Healthy 3% Pace in Second Quarter
Strong Consumer Spending and Business Investment Fuel Growth U.S. economy grew at a strong annual pace of 3% from April to June. This growth was...
California Passes Landmark AI Safety Bill Amidst Industry Clash
Lawmakers Approve SB 1047 for High-Risk Technologies: Sacramento, CA – August 29, 2024 – California has made headlines by passing a groundbreaking AI safety bill....
Nvidia Stock Slips Despite Strong Earnings and Positive Forecast
Strong Earnings Report Nvidia Stock Slips Despite Strong Earnings – Nvidia (NVDA) reported its second-quarter earnings after the market closed on Wednesday. The results exceeded...
Tech Stocks Drag Market Lower Ahead of Nvidia Earnings
Nvidia Earnings in Focus – The stock market experienced a decline on Wednesday. This drop was led by a significant selloff in technology stocks. The...
NIO Shares Slide as Li Auto’s Revenue Miss Sparks Investor Concern
NIO Shares Drop 7% Following Li Auto’s Revenue Miss NIO shares have fallen by 7% to $3.71 during Wednesday’s session. The drop follows a disappointing...
