Summary The Fed wrapped up its Open Market Committee meeting and, as expected, lowered the federal funds rate by another 25 basis points. The fed funds target rate is now 4.25%-4.50%. This... Read more »
By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks slid, bond yields rose and the dollar was perched near a two-year high on Thursday after the U.S. Federal Reserve cautioned it would ease... Read more »
Super Micro Computer‘s (NASDAQ: SMCI) share price closed out the daily session down 8.3%. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) ended the day up 0.4%, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) ended... Read more »
Source: TradingView.com Palantir shares are likely to be in the spotlight on Monday after the Nasdaq announced late Friday that the analytics software provider had been added to the Nasdaq 100 Index.... Read more »
No chipmaker has benefited more from the rapid rise in artificial intelligence (AI) spending than Nvidia (NASDAQ: NVDA). The company’s graphics processing units (GPUs) are essential for any company looking to develop... Read more »