Debt ceiling vote, Nvidia’s new AI chips, jobs report top week ahead
Debt ceiling vote, jobs and housing data and Elizabeth Holmes expected to report to jail to serve her 11-year sentence for fraud.
Memorial Day and the stock market
There will be no trading in U.S. equities or Treasuries on Monday as markets close to observe the Memorial Day holiday.
Gap shares jump on surprise quarterly profit
Gap Inc. gave investors unexpected good news posting a surprise quarterly profit on Thursday. Gap's recent restructuring efforts and lower supply chain costs led to a jump in profits.
Cathie Wood explains why Nvidia stock exploded and what the ‘real’ AI play is
Ark Invest CEO Cathie Wood says her firm is eyeing the software side of A.I., claiming companies with visionary leaders and global distribution will be the "biggest beneficiaries."
Cummins braving debt ceiling jitters with $275M engine filter unit IPO
There will be a rare sighting on Friday as Cummins brings its engine filtration unit to market in a $275 million initial public offering.
Target loses $9 billion amid Pride merchandising controversy
Target's Pride merchandising campaign is rippling through shareholders as the retailer scrambles with a public relations crisis similar to Bud Light's.
FTC probing Abbott, other baby-formula makers for collusion
Regulators are reportedly investigating whether the companies that produce baby-formula colluded on bids for lucrative state contracts.
Yelp shares spike on activist letter, company responds
Yelp is the target of an activist investor who says the company should merge with Angie's List or explore other options because its falling behind and has the wrong CEO.
Morgan Stanley warns stock rally is not the start of a bull market
Morgan Stanley strategist Michael Wilson warned in a Monday note that strong stock gains this year are not indicative of the beginning of a bear market.
JPMorgan investor day, debt talks, Costco, Nvidia earnings top week ahead
Investors to keep tabs on debt ceiling talks, which are expected to restart Monday, as busy week looms for earnings, with Costco, Nvidia, Dick's Sporting Goods, AutoZone set to report.
ETFs to play around the debt default risk
Exchange-traded funds, or ETFs, are baskets of securities traded on exchanges that may offer investors greater diversification, less risk and fewer fees.
Netflix shares surge as streamer wows ad community
The jump in Thursday’s share price puts Netflix closer to its highest close since April 5, 2022, when it finished the trading session at $380.15.
Sam Zell, billionaire real estate mogul, dies at 81
Billionaire real estate mogul Sam Zell died Thursday at age 81 after a career spanning 50 years. He founded Equity Residential in 1968 and was an active philanthropist.
Why Wall Street’s spooked about debt default risk
The chances of the U.S. defaulting on its debt are low, but experts are warning that financial markets and the economy are still facing a wall of worry as lawmakers duke it out.
Ford recalls 422K SUVs over rearview camera issue
Ford is recalling over 422,000 SUVs including Explorers and Lincoln Aviators in the U.S. because of a rear camera malfunction that could prevent the rear camera image from displaying.
Buffett buys stake in Capital One, sells other banks
Warren Buffett’s Berkshire Hathaway bought 9.9 million shares valued at $954 million in Capital One Financial Corp, while shedding holdings in other banks.
How to invest in ChatGPT
As ChatGPT and artificial intelligence begin impacting Wall Street, traders and investors can buy into partners Microsoft, Nvidia and Perion Networks.
Disney CEO Bob Iger blasts Florida Gov. DeSantis for 'retaliating' against company
Disney CEO Bob Iger accused Florida Gov. Ron DeSantis and other state lawmakers of retaliating against the company following political remarks made last year.
Amazon to increase delivery speed while cutting costs
Amazon has made major changes to its logistics operation aiming to reduce travel distance resulting in faster delivery and lower costs.
Nevada considers tax credits to lure Sony, film industry to Las Vegas
Nevada lawmakers have crafted a bill that would provide massive tax credits in an attempt to bring film production to the Las Vegas area.


















