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Uber’s stock powers higher as Nvidia robotaxi deal helps avert ‘doomsday’ scenario
Uber and Nvidia aim to launch autonomous ride-hailing in up to 28 cities in less than two years. Article Attribution | Read More at Article Source
Why Nvidia’s stock is shrugging off a $1 trillion revenue forecast
There are questions about how much upside is really implied by Nvidia’s new outlook. In the meantime, investors may be looking for clearer growth opportunities elsewhere. Article Attribution | Read More at Article Source
Nebius’s stock falls on a bond offering. Here’s why investors are sobering up.
The neocloud company has new deals with major tech companies, and just announced that it will be taking on debt to help finance data centers. Article Attribution | Read More at Article Source
Oil prices climb on ‘mixed signals’ as Iran conflict drags on
Global oil prices were poised to end above $100 a barrel for a fourth session in a row, as U.S. calls for help to secure the crucial waterway fall on deaf ears and reports that Iran is allowing some crude tankers to pass through the Strait of Hormuz offer a “mixed...
How CoreWeave’s ‘situationship’ with Big Tech could cause a 30% stock drop
Bernstein analysts say CoreWeave’s business could be cannibalized as Big Tech customers build their own data-center infrastructure. Article Attribution | Read More at Article Source
A recession will be hard to avoid if oil prices stay elevated for even a few more weeks, says Moody’s
The outlook for the U.S. economy will continue to darken as long as the Strait of Hormuz remains effectively closed to oil-tanker traffic, even though the U.S. now produces about as much oil and natural gas as it consumes. Article Attribution | Read More at Article...
MrBeast’s finance app for kids is backed by a bank that’s faced regulatory scrutiny and a fintech partner’s failure
The YouTuber’s new fintech venture relies on Evolve Bank & Trust, a partner bank of the now-collapsed Synapse that has dealt with numerous setbacks. Article Attribution | Read More at Article Source
Why fund managers may be caught off guard by a ‘ripper of a rally’
It hasn’t taken long to see some bullish technical signals in the market. Article Attribution | Read More at Article Source
Here are the stocks for the new age of programmable medicine
The age of programmable medicine may be upon us. Article Attribution | Read More at Article Source
3 signals that reveal if the Iran oil shock is just a blip — or the new normal
Beyond the $100 barrel, there are “second-round” effects that can hit your portfolio. Article Attribution | Read More at Article Source
Mortgage rates are moving higher at a crucial juncture for the housing market
Much of the new home supply has been built away from cities. Add in higher gas prices due to the Middle East conflict and things look even more challenging. Article Attribution | Read More at Article Source
Delta defies oil-price spike and boosts its revenue outlook as travel demand accelerates
Delta soothes investor fears over the effect of rising oil prices by raising revenue guidance, and the stock surges. Article Attribution | Read More at Article Source