Articles

Commodities Corner: Why Hurricane Idalia hasn’t supported U.S. natural-gas prices

U.S. natural-gas futures settle lower on Tuesday, on track to post a loss for the month, with Hurricane Idalia potentially having little impact on energy production, but poised to dent power demand in the Gulf region.

: Box’s stock is falling on light guidance

Box Inc. on Tuesday reported quarterly results that barely topped analyst revenue and earnings estimates and offered weak guidance.

: Nvidia’s stock closes at record high, scores $1.2 trillion market cap

Nvidia shares are back on track to try to turn in their best year ever after closing at a record Tuesday, as the company reached a $1.2 trillion market cap.

Crypto: Are bitcoin ETFs coming? Here’s what Grayscale’s court win means for the crypto industry 

A U.S. federal court on Tuesday ordered the Securities and Exchange Commission to vacate its rejection of Grayscale Investments’ application to convert its Bitcoin Trust product into an exchange-traded fund and the crypto industry is celebrating. 

: The 30-year mortgage rate has surpassed 7%, but some buyers are only paying 6%. Here’s how they do it.

Mortgage rates have surged to 20-year highs, and are poised to rise even further.

Market Extra: Investors thirsting for a pre-pandemic normal take heart in falling number of job quits

Stocks head higher as the U.S. labor market finally emits at least one sign that things are returning to how they used to be before the 2020 onset of COVID-19.

: Young and rich Americans are fleeing coastal states for Florida and Texas. What’s going on?

Washington State had the highest concentration of young and rich people, new figures show.

Earnings Outlook: Salesforce is on the AI train, but that won’t guarantee blowout earnings

Salesforce is expected to highlight its AI products in its earnings report, but analysts caution that business spending hasn't been as robust as expected.

The Tell: Here’s the danger for investors in holding too much cash, says Wells Fargo

For the first time in ages, it pays to hold cash. But high yields could disguise a pitfall for investors, a strategist warns.

: Apple schedules iPhone 15 launch event for Sept. 12

Mark your calendars for a glimpse of what's new at Apple

: First bitcoin ETF must be reconsidered by SEC, court rules

Grayscale Investments may convert its Bitcoin Trust product into an exchange-traded fund after a federal appeals court ordered the SEC to vacate its rejection.

: After a wave of layoffs, tech is hiring for AI jobs

Following a round of spring cleaning that resulted in more than 120,000 layoffs, employers are beefing up staff with specialists in AI and machine learning.
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