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Rubrik’s stock pops 20% in IPO debut

Rubrik seemed to check off the right boxes for investors Thursday as its stock surged in its public debut.

Long-term Treasury bond ETFs under pressure as investors weigh GDP report

Exchange-traded funds that buy long-term Treasury bonds were under pressure Thursday, as investors parsed fresh data on U.S. economic growth and inflation in the first quarter.

Intel’s stock is among the biggest S&P 500 losers this year. Can earnings turn the tide?

When Intel reports earnings after Thursday’s closing bell, it may be up to factors other than AI to get the stock going.

Why is Oracle moving to Nashville? Because this one industry is thriving there.

The town known as Music City is striking a chord as a tech hub, and Oracle Corp. is about to join the chorus.

As Meta’s stock slides, investors are flocking to its bonds and other Magnificent Seven debt

As Meta Platform Inc.’s stock suffers a bruising 13% rout on Thursday, investors are flocking to its bonds, which are seeing the most net buying of any of the so-called Magnificent Seven companies.

Why the NFL draft is one of the only sports events where bettors often beat sportsbooks

‘Handicapping the NFL draft is one of the most difficult things that we do,” one DraftKings executive said

Yellen confident U.S. inflation will continue to cool

Treasury Secretary Janet Yellen, remains confident the U.S. economy is “on a downward path for inflation” that could enable the Federal Reserve to cut interest rates in the months ahead

Mortgage rates climb for fourth week in a row, taking ‘the wind out of the sails’ of the housing market

The 30-year mortgage rate is averaging 7.17%, Freddie Mac said in its latest weekly survey on Thursday.

Nvidia stands to benefit as Meta spurs an even greater AI spending spree

Nvidia is among a number of companies expected to benefit from Meta’s loftier capital-expense budget.

The timing may be just right to buy Nvidia or other semiconductor stocks

So far this year, the PHLX Semiconductor Index has increased 8.7% (with dividends reinvested), but it has declined 7.7% in April. Meanwhile, shares of industry star Nvidia Inc. have declined 12% this month.

First Citizens’ stock boosted by first-quarter earnings, while Valley National shares drop

First Citizens Bancshares Inc.’s stock rose on stronger-than-expected profit and a boosted outlook for net interest income on Thursday, roughly a year after the big regional bank acquired the beleaguered Silicon Valley Bank.

3M to recall about 40,000 noise-reducing earmuffs due to risk of overexposing user to loud noise

Earmuffs can develop cracks in the colored portion of the plastic cups, says consumer watchdog
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