Tag: business news
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Shiny new toy: Retail traders are dumping AI favorites for SpaceX
Individual investors have dumped stocks including Micron, Advanced Micro Devices and Marvell.
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DoorDash lets customers use photos, prompts to order food and book reservations in latest AI push
DoorDash wants to let users simplify the ordering and reservation process through AI.
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Trump says U.S. will seize Iran’s Kharg Island and other ‘oil infrastructure points’
Trump said the forthcoming operations to take over Iran’s oil infrastructure, and its oil and gas markets, would be similar to U.S. actions in Venezuela.
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ECB hikes interest rates for first time since 2023 as Iran war ramps up energy costs
Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenuEuropean Central Bank (ECB) President Christine Lagarde addresses the media after the ECB’s Governing Council meeting, at the ECB headquarters in Frankfurt, Germany,
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SpaceX soon-to-be millionaires are set to spend big on luxury homes, watches and private jet travel
SpaceX employees have to wait to sell their shares, but many are already planning how to spend their windfalls.
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Huge private equity software bets most at risk as investors face returns squeeze, Apollo says
Apollo’s deputy global head of private equity warned that PE investors should prepare for a “bifurcation” in returns.
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Bank of America buys into agentic AI trade, double upgrades this stock
The bank thinks a growing market for CPUs will be a boon to the chipmaker that has surged more than 60% since its first quarter earnings report release.
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Here are the odds of bear markets in each stock index this summer
For the S&P 500, a technical bear market decline of 20% from the closing high of 7,610 would mean a slide to 6,088.
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The first Wall Street firms are out with their SpaceX recommendations. Here’s what they’re saying
Two firms initiated coverage, with each forecasting gains for the Elon Musk company in its first year to 18 months based on their price targets.
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U.S. becomes India’s top gas supplier, as Iran war cuts it off from the Gulf
India’s gas purchases from the U.S. have grown steadily, driven by Washington’s push to sell more American energy to the South Asian country.
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