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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

Meta earnings weigh on Magnificent Seven stocks. Here’s why investors shouldn’t panic.

Analysts see opportunity coming out of Meta’s earnings and advise investors to wait for other reports before cutting tech positions.

Pending home sales see unexpected jump in March, despite rising mortgage rates

U.S. pending home sales rose 3.4% in March from the previous month, the National Association of Realtors said on Thursday.

As ketamine therapy booms, industry insiders worry about patient safety

Ketamine has become a popular alternative treatment for depression and other mental-health ailments — but doctors and regulators are increasingly concerned about its risks.

Why Microsoft’s earnings are all about ‘surviving and advancing’

Big AI gains could be ahead for Microsoft, but Thursday afternoon’s earnings may illustrate a more gradual ramp.

U.S. trade deficit in goods widens in March to highest level in almost a year

The U.S. trade deficit in goods widened 1.7% to $91.8 billion in March, according to the Commerce Department’s advanced estimate released Thursday.

Monster Beverage cut to sell because it’s ‘no longer…a high growth story’

Analyst Bill Chappell says Wall Street is ‘overoptimistic’ about energy drink maker’s gross margin recovery

Hertz to sell 10,000 more EVs than planned and swings to a large loss

Hertz’s stock resumed its selloff on Thursday, after the rental car company reported a much wider-than-expected first-quarter loss, and significantly expanded its plan to sell off its electric vehicles.

Deutsche Bank expects fewer U.S. commercial real estate provisions in second half

Deutsche Bank, one of the banks most exposed to U.S. commercial real estate, reported elevated levels of credit-loss provisions for a second straight quarter but said they will start to gradually decline.
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