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U.S. bonds rallied Wednesday, after Federal Reserve Chair Jerome Powell expressed growing confidence the Fed could start lowering interest rates as soon as its next policy meeting.

Udemy says it’s switching gears to serve big businesses only.

Federal Reserve Chairman Jerome Powell managed to thread the needle on Wednesday, so to speak. Investors responded by sending both stocks and bonds higher.

If history is any guide, the so-called Magnificent Seven could stage a comeback as the calendar turns to August — but beware the market is in the midst of an exceptional rotation, so relying on seasonality alone as a timing tool could easily lead one astray, market strategists said.

Arm’s stock drops more than 7% after royalty revenues come up short.

Carvana’s stock rallies more than 7% as used-car retailer sees “untapped potential.”

Qualcomm Inc.’s stock soared more than 8% on Wednesday alongside a broader rally in chip names, and it was poised to move higher yet based on aftermarket action.

A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.

The Fed stayed put for now, but many see a rate cut coming in September.

Billionaire investor Bill Ackman’s Pershing Square USA is withdrawing its plans for an initial public offering, according to a statement released on Wednesday, after ratcheting back expectations for the fund’s debut over recent days.

An AWS beat is “expected,” while a miss could stir up questions about the company’s positioning in the cloud, according to an analyst

Shares of SunPower climbed 9.2% Wednesday, with the maker of solar-energy technology buoyed by strong second-quarter results from solar-panel maker First Solar.