Following heightened volatility in U.S. equities, investors are shifting their attention from macroeconomic headlines to corporate earnings. While semiconductor stocks have dominated recent market movements, this week's reporting calendar spans a much broader cross-section of the economy, offering valuable insight into consumer spending, industrial …
Walmart shares advanced after the discount retailer signalled that its grocery prices would be trending lower, a development investors interpreted favourably given the central role grocery sales play in the company's overall revenue base and its ability to attract price sensitive shoppers across income …
AI search company Perplexity has confirmed it will deploy Nvidia's newly introduced Vera central processing unit, marking another customer win as the chip giant works to expand beyond its dominant position in AI specific accelerators into the broader general computing market long controlled by …
A growing number of Wall Street strategists and technology executives are pointing to physical AI, encompassing industrial robots, autonomous vehicles and humanoid machines, as the next major phase of the broader artificial intelligence investment cycle, following two years dominated by generative AI and data …
The Securities and Exchange Commission announced the formation of a new Retail Fraud Working Group aimed at identifying and combating fraud targeting individual investors. The initiative will draw on the agency's existing staff and resources to root out misconduct affecting what officials commonly refer …
The Treasury Department revealed that this month's auction of 58 billion dollars in three-year notes attracted modestly below average investor demand, kicking off this week's series of long-term securities auction announcements. The auction drew a high yield of 4.179 percent and a bid-to-cover ratio …
US Treasury prices declined notably on Tuesday, reversing a roughly flat prior session, as bond prices came under pressure throughout the morning and remained firmly negative through the afternoon. The benchmark ten-year Treasury yield, which moves inversely to price, jumped 5.0 basis points to …
Payward, the parent company of cryptocurrency exchange Kraken, has secured a 22 million dollar arbitration award against former auditor Mazars USA and has asked the Delaware Court of Chancery to enter judgment on the award, according to a letter published by co-Chief Executive Arjun …
Nvidia's physical AI and robotics related revenue has grown substantially, reaching more than 9 billion dollars over the trailing 12 months, up from 6 billion dollars in the prior year period. This growth trajectory has led analysts to increasingly view robotics as the company's …
Palantir Technologies has broadened its existing agreement with GNP Seguros, the largest insurance company in Mexico, extending its artificial intelligence platform across a wider range of the insurer's operations. The expanded deployment builds on Palantir's established relationship with the company and signals deepening reliance …