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Artificial Intelligence and Trading: What’s Next?
Computing has had a hand in shaping what is now a data driven financial climate making it faster now than ever before to conduct transactions. And now, another revolution is bound to occur led by artificial intelligence. Today’s computing industry has been...
Crazy Cryptocurrency Risks: Why Investing in Bitcoin May Be a Bad Idea
Bitcoin may seem like the hottest investment vehicle this year, but before you start investing, check out these cryptocurrency risks. It's no secret that Bitcoin's made a lot of people very rich. For example, rapper 50 Cent became a “Bitcoin millionaire” when he...
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Trending Stock Market News
Wheat Starting August with Slight Losses
Wheat futures declined modestly at the start of August, with losses ranging from 1 to 4 cents across front-month contracts across multiple exchanges.
Merck hikes revenue outlook as new drug sales grow, but cuts profit guidance due to deal charges
Merck raised its 2026 revenue guidance to between $66.3 billion and $67.3 billion after beating second-quarter expectations, though it cut profit guidance due to acquisition-related charges totaling $14.7 billion.
Wayfair stock jumps 30% as retailer posts strongest U.S. growth since 2020
Wayfair’s stock surged 30% after reporting its strongest U.S. growth since 2020, with second-quarter sales reaching $3.1 billion and free cash flow hitting $301 million.
Pfizer tops estimates, hikes low end of revenue guidance on strength of Eliquis, other drugs
Pfizer beat second-quarter estimates and raised its low-end revenue guidance to $60.5 billion to $62.5 billion, driven by strong sales of Eliquis and other non-Covid drugs.
Pinterest shares fall on lukewarm sales guidance
Pinterest shares declined 7% after reporting better-than-expected earnings and revenue but providing conservative guidance for the upcoming quarter.
AMD’s revenue climbs 50% and data center sales doubled, but the stock is down
AMD reported second-quarter revenue growth of 50% to $7.69 billion, with data center sales doubling to $6.7 billion, but the stock declined in extended trading despite beating expectations.
Berkshire shares trade lower even after Abel scores good marks at meeting, earnings jump
Berkshire Hathaway shares closed nearly 1% lower Monday despite CEO Greg Abel’s strong first annual meeting performance and the conglomerate’s 18% operating earnings jump.
Retailer Reformation closes flat in NYSE debut as CEO says company is ‘ready to scale’
Women’s clothing retailer Reformation priced its IPO at $15 and began trading on the New York Stock Exchange on Thursday, closing essentially flat after raising $210.9 million.
Alphabet, Amazon and Microsoft added nearly $1.5 trillion in combined value this week
Alphabet, Amazon, and Microsoft collectively gained nearly $1.5 trillion in market value this week following strong earnings reports and increased AI spending commitments, while Meta and Apple experienced significant declines.
Stock market today: Dow, S&P 500, Nasdaq futures coast higher as earnings roll in, Palantir stock soars
US stock futures rose modestly amid Middle East tensions and strong earnings reports, with Palantir surging 14% after posting robust commercial revenue growth.
McDonald’s revenue misses estimates as chain looks to accelerate U.S. growth
McDonald’s reported mixed second-quarter results as U.S. same-store sales growth slowed to 0.8%, though global performance remained steady and the company promoted a new U.S. division leader.
Yen slips but holds intervention gains, traders alert to more action
The yen slipped but retained most gains from last week’s joint U.S.-Japan intervention, trading at 157.8 per dollar while remaining well above July’s 40-year low of 163.99.