STORY: Said Bruderman, "All of this feeling for energy independence that sort of took a back seat to the environment and towards clean energy is going to get revisited - especially in Europe.... And now with a potential foe providing up to 40% of their energy needs, you have to think that the energy independence side of the equation is going to get revisited."
New indicators of a cooling economy eased inflation concerns, driving the S&P 500 to record highs last week. The index, which dropped around 4% in April, is now up 11% for the year. Will this momentum continue? Savita Subramanian, head of US Equity and Quantitative strategy at Bank of America, believes it will. She’s taking an upbeat stance on the current market outlook, and backs it with a look at long-term results from the past 300-plus quarters. “20 were recessionary, 13 were stagflationary,
This booming restaurant business has crushed the market in the past few years.
Analysts see Nvidia's earnings per share soaring 474% to $5.22, with revenue up 241% to $24.5 billion.
The software giant goes with Nvidia's rival for a platform of AI chips.
(Bloomberg) -- Iranian state television reported there was “no sign of life” at the crash site of a helicopter that was transporting President Ebrahim Raisi and went down in the northwest of the country.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeEven If Alito Is Right, the Upside-Down Flag Was WrongChina’s Housing Rescue Too Small to End Crisis, Analysts SayGantz Says He’ll Quit Unless Netanya
Consumer prices climbed 3.4% year-on-year in April.
The Under Armour meltdown continues.
The stock market is right at highs but Nvidia earnings offer a major test. Five AI stocks are near buy points.
Data center services are on the rise as generative AI continues to fuel the broader technology sector.
A crucial earnings report from AI leader Nvidia greets a stock market that hit new records last week.