Articles

Treasury yields rise ahead of Fed minutes and after sticky U.K. inflation data

Bond yields rose early Wednesday as investors eyed minutes from the Federal Reserve’s May meeting and higher-than-expected U.K. inflation reminded the market of stubborn price pressures in developed economies

Intel and AMD take a backset as Qualcomm plays starring role in Microsoft’s AI PCs

When Microsoft Corp. unveiled a line of PCs and software this week designed to make the most of the artificial-intelligence revolution, it showcased a main processing chip — but it wasn’t from the software giant’s usual chip partner.

Fresh optimism over ether ETF approval could send prices to new highs. Here’s what it means for other cryptos.

It seems more likely that a spot ether exchange-traded fund could arrive as early as this week amid a sudden change of stance by the U.S. Securities and Exchange Commission.

The stock market has already chosen a winner in the 2024 presidential election

‘It’s the stock market, stupid!’ Dow Jones Industrial Average is a surprisingly reliable election predictor.

Urban Outfitters shares rally as Anthropologie, Free People continue to lift results

Shares of Urban Outfitters Inc. raced higher after hours on Tuesday after the clothing retailer reported first-quarter results that beat expectations.

Robert F. Kennedy Jr. invests $24K in GameStop in attempt to secure the ape vote

Is this the 2024 presidential election’s “Pokémon Go to the polls” moment or something bigger?

New York City trophy buildings top list of new debt placed on downgrade watch

SL Green’s 280 Park Avenue tops a new list of trophy properties with debt placed on downgrade watch Tuesday by KBRA.

S&P 500 notches fresh peak as U.S. stocks edge higher ahead of Nvidia earnings

U.S. stocks were edging higher on Tuesday, as investor anticipation runs high for upcoming earnings results from Nvidia Corp.

AI could demand a shocking amount of electricity — check out this chart

While you might be trying to use less electricity in order to save money, developers of artificial-intelligence tools are heading in the other direction.

Disney’s Pixar to lay off around 14% of staff in latest industry pullback, reports say

Walt Disney Co.’s Pixar Animation Studios is laying off around 14% of its workforce, a move that will affect some 175 employees, according to multiple reports.

Why Faraday Future joined the meme-stock rally — and then some

One of the most unusual events in last week’s meme-stock rally was the phenomenal surge in shares of electric-vehicle startup Faraday Future Intelligent Electric Inc., which went stratospheric on zero news.

Comcast says its new ‘StreamSaver’ bundle will save customers close to $100 a year — here’s how

The new bundle offering Apple TV+, Netflix and Peacock costs $15 a month and is only available to Comcast subscribers.
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