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The technology sector is the S&P 500's worst performer today, down more than 2%. Here are some of the tech names getting hit hardest: Coherent, down 11%. Hewlett Packard Enterprise, down 11% Corning, down 11% Teradyne, down 11% Lumentum, down 8.
Advisers say fixed income still has a place in a diversified portfolio, despite a global bond-market rout.
EVI's fiscal Q4 EPS increases to 17 cents, while revenues rise 11% to a record $121.9 million. Service growth, project completions and margin expansion support results.
The Federal Reserve will announce its policy decision on Sept. 16, with expectations of a rate hike amid elevated inflation and CPI prices. Kevin Gordon, Head of Macro Research and Strategy at the Schwab Center for Financial Research, and Yahoo Finance Senior Business Reporter Ines Ferré join Yahoo Finance Executive Editor Brian Sozzi to discuss the potential consequences of a rate hike.
Leave it to Elon Musk to say, essentially, I've been right all along.
What a time it’s been for GitLab. In the past six months alone, the company’s stock price has increased by a massive 107%, reaching $46.82 per share. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
Customers had little indication that the retailer was in trouble.
The past six months have been a windfall for Zeta Global’s shareholders. The company’s stock price has jumped 67%, hitting $29.90 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
Crypto markets gained on Monday as optimism over a key US crypto bill revived risk appetite across the digital-asset spectrum.
Amid warnings to pace AI development, Anthropic (ANTH.PVT) is still preparing for an October IPO date while OpenAI (OPAI.PVT) CEO Sam Altman believes a 2026 IPO for his company would be "ill-advised." Yahoo Finance's Jake Conley and Pras Subramanian are joined by Business Insider Today executive editor Dan DeFrancesco to assess the broader implications these AI warnings may have on Anthropic's planned mega-IPO.
Investing.com -- Evercore ISI cut its rating for Hewlett Packard Enterprise to In Line from Outperform on Monday following a sharp rally in the shares, keeping its $65 price target on the stock.
With oil prices pushing up to $104.50 a barrel as the U.S.-Iran conflict turns regional and the 10-year Treasury yield rising to 4.99%, two trip wires for the S&P 500 are flashing red. The CBOE Volatility Index, or VIX, known as the S&P 500 fear gauge, has climbed to 17.8, but remains well below the 20 level that signals a loss of composure. Things have gotten so bad in the Middle East that a window may be opening for improvement, according to Marko Papic, chief investment strategist at BCA Research.
Sept 14 () - Dominion Energy and NextEra Energy on Monday said they would establish a Virginia supplier program worth up to $1 billion annually for five years if their proposed merger is approved. They announced merger plans in May, as rising power demand from data centers, electric vehicles and other industries drives a renewed wave of utility consolidation.
Sept 14 (Reuters) - The Nasdaq Composite and the S&P 500 indexes opened lower on Monday, weighed down by a selloff in key AI stocks after top U.S. executives cited safety risks and called for a
Dell and HPE surge as Oracle reveals what AI demand really looks like
Growing calls to slow artificial intelligence development sent technology stocks tumbling on Monday. The Nasdaq Composite fell 1.3%. The slide followed a call from Anthropic CEO Dario Amodei for a coordinated global slowdown in AI development.
A consortium led by Dell Chief Executive Michael Dell’s DFO Management is taking insurance brokerage Baldwin Group private in a cash deal valued at $7.7 billion.
Investing.com -- Baird has turned more cautious on apparel, footwear and fitness stocks, downgrading several names as it sees rising risks heading into the fourth quarter.
Adobe's Q3 earnings beat estimates, but cautious guidance and rising competition cloud its AI growth outlook. Explore ETFs for diversified exposure to ADBE.
The yield on the 10-year U.S. Treasury note is still hovering just below 5%, pushed in different directions Monday by energy and stock markets. Treasury yields, which rise when bond prices fall, have been closely tracking oil prices, which were up again Monday. The 10-year yield was choppy Friday but ultimately ended the day higher after slightly warmer-than-expected inflation data reinforced bets that the Federal Reserve will vote to raise interest rates at its meeting Wednesday.
The 10-year Treasury yield rose toward the 5% level on Monday.
NextEra Energy and Dominion Energy have proposed an expanded state benefits package to regulators as they look to secure approval for their $67 billion merger.
Find insight on European chip stocks, Anthropic, Venture Corp. and more in the latest Market Talks covering Technology, Media and Telecom.
Fluor (NYSE:FLR) shares rose 6. 1% in pre-market trading to $57.
US equity futures were edging lower pre-bell Monday as traders evaluated a call for a slowdown in th
Goldman Sachs, JPMorgan, HSBC, and Deutsche Bank all forecast a quarter-point increase at the Fed's Sept. 15-16 meeting after hotter-than-expected inflation data
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