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Your go-to source for real-time financial news and market analysis. Powered by AI. Covering earnings, economic events, and corporate news.

The US plans to subsidize $30 billion for AI chip manufacturing, with distribution between Intel and TSMC uncertain.

From Nasdaq: U.S. officials plan to provide nearly $30 billion in subsidies for advanced semiconductor manufacturing to boost AI chip

March 6, 2024

Over the past five years, Bitcoin has outperformed six of the major tech stocks, except Nvidia.

From Nasdaq: The “Magnificent Seven” tech stocks, including Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla, have been in

March 6, 2024

Nvidia and other semiconductor companies are viewed favorably for their potential in the robotics market.

From Nasdaq: In a recent video, Nvidia (NASDAQ: NVDA) and other semiconductor companies were highlighted for their solutions in the

March 6, 2024

Chancellor plans to cut National Insurance by 2p, critics argue for income tax cut

From Morningstar: Chancellor Jeremy Hunt is set to announce a 2p cut to National Insurance in his pre-election Budget to

March 6, 2024

China's central bank plans to reduce banks' reserve requirements to spur consumer prices and target 5% GDP growth.

From CNBC: China’s central bank governor plans to cut banks’ reserve requirements to stimulate consumer prices, aiming for 5% GDP

March 6, 2024

In February 2024, top performing ETFs were blockchain-related, while lowest performers were from uranium and gold mining sectors.

From Morningstar: Exchange-traded funds (ETFs) allow investors to track popular indices or leverage experienced manager choices to beat the market.

March 6, 2024

Stocks fell ahead of Powell's speech due to concerns that easing financial conditions may delay future rate cuts.

From Investing.com: Stocks dropped ahead of Jay Powell’s speech today, with concerns that easing financial conditions could delay future rate

March 6, 2024

Dassault Aviation reported a strong financial performance in 2023, despite facing supply chain issues.

From GlobeNewswire: In 2023, Dassault Aviation reported impressive figures with an order intake of EUR 8.25 billion, including 60 Rafale

March 6, 2024

Bitcoin remains near record highs at $66,022.9, sustaining interest from institutional investors despite slightly low retail interest.

From Investing.com: Bitcoin saw a slight dip but remains near record highs at $66,022.9, after hitting $69,063 on Tuesday. The

March 6, 2024

Gold hits a record high of $2,141.59 per ounce due to expected U.S. monetary policy changes and geopolitical risks.

From: Barchart.com In the midst of volatile markets, gold has reached a record high of $2,141.59 per troy ounce, driven

March 6, 2024

Elon Musk's lawsuit alleges OpenAI shifted from welfare to profit, while OpenAI counters claiming Musk wanted control.

From Mint: Elon Musk filed a lawsuit claiming OpenAI shifted focus from public welfare to profit under Microsoft. OpenAI responded,

March 6, 2024

Asian stocks fell due to China's weak economic forecast and concerns about U.S. interest rates.

From Investing.com: Most Asian stocks dropped on Wednesday due to a weak economic forecast from China and concerns over U.S.

March 5, 2024

Asian and US markets drop as iPhone sales in China decrease by 24%, impacting Apple and other Tech shares.

From Business Standard: The stock market is expected to open lower with Sensex and Nifty eyeing a lower start due

March 5, 2024

Microsoft denies The New York Times's allegations of copyright infringement related to using OpenAI technology.

From Vox Media Inc.: The Times has sued Microsoft for allegedly copying its stories and using the data to mimic

March 5, 2024

Dow Jones, S&P 500, and Nasdaq futures were stable; CrowdStrike, Box, and Couchbase saw strong earnings; Fed Chief Powell expected to testify; market direction uncertain.

From Investor’s Business Daily: Dow Jones futures, S&P 500 futures, and Nasdaq futures were little changed after hours. The stock

March 5, 2024

Amazon, Meta Platforms, Super Micro Computer, Coinbase, and American Eagle Outfitters are approaching or breaking 52-week highs with strong growth potential and positive outlooks.

From Nasdaq: Many stocks, including Amazon, Meta Platforms, Super Micro Computer, Coinbase, and American Eagle Outfitters, are near or breaking

March 5, 2024

U.S. retail chains like Target, Walmart and Macy’s are expanding their physical presence amidst online competition.

From Nasdaq: Retail chains in the U.S. are shifting gears by opening new stores to gain market share. Walmart, Target,

March 5, 2024

Weak corporate news and disappointing U.S. economic data led to declines in major stock indexes, negatively impacting tech stocks.

From Nasdaq: Stock indexes, including the S&P 500, Dow Jones Industrials, and Nasdaq 100, fell to 1-1/2 week lows as

March 5, 2024

Major indices closed lower due to profit-taking, disappointing iPhone sales in China, and future economic data anticipation.

From Nasdaq: In today’s stock market, major indices closed lower with the Dow down -404 points, S&P 500 -1.02%, Nasdaq

March 5, 2024

CrowdStrike's Q4 earnings beat expectations, with shares surging 21%, and it's acquiring Flow Security to expand its platforms.

From CNBC: CrowdStrike shares surged 21% in after-hours trading after reporting a beat on top and bottom lines, plus stronger

March 5, 2024

Bitcoin hits near $70,000 high amidst investor interest and expected SEC approval of a Bitcoin ETF.

From Nasdaq: Bitcoin has hit a new high close to $70,000, drawing investor interest. The SEC is expected to approve

March 5, 2024

In 2024, only Nvidia among the "Magnificent Seven" stocks, including Apple, Microsoft, Amazon, performs well.

From Investor’s Business Daily: In 2023, the Magnificent Seven stocks, including Apple, Microsoft, and Amazon, saw big gains. However, in

March 5, 2024

CrowdStrike Holdings' Q4 results outperformed expectations and raised its future guidance; its stock rose 18%.

CrowdStrike Holdings, Inc. (CRWD) reported Q4 Non GAAP EPS of $0.95 vs consensus of $0.82Revenue $845.3M (+32.6% Y/Y) vs the

March 5, 2024

Major US stock indexes fell due to concerns in the tech sector, with particular losses noted in Apple and AMD.

From Nasdaq: Wall Street major indexes fell over 1% on Tuesday due to weakness in megacap growth companies like Apple

March 5, 2024

Nordstrom beat Q4 sales expectations but provides modest forecast and plans to open new Nordstrom Rack stores.

From CNBC: Nordstrom beat holiday-quarter sales expectations but gave a muted outlook. The company plans to open new Nordstrom Rack

March 5, 2024

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