Tag: Stock
Investors ignore Nvidia in favor of a massive global rally in stocks | Fortune
Nvidia stock was down 2.59% yesterday, and it’s now down 7% for the month. The negativity continued this morning: the company’s shares were down...
Wall Street eyes a possible culprit in this week’s head-spinning stock market reversal: Bitcoin | Fortune
Nvidia’s blockbuster earnings late Wednesday set up the stock market for a ferocious rebound as the chipmaker appeared to ease fears that an AI...
Global stocks in meltdown as Wall Street bails out of crypto and AI: ‘The bubbly is on ice’ | Fortune
Global stock markets sold off sharply this morning as investors continued to question whether the ‘Magnificent 7’ tech companies have fueled an unsustainable bubble...
Consumer sentiment is sinking across the board — except for Americans with the most stocks | Fortune
The ongoing government shutdown has helped push confidence to near-record lows, but one segment of the population is actually feeling more optimistic.
The initial...
Meet the billionaire couple who not only signed The Giving Pledge but actually delivered—donating nearly half their fortune while still alive | Fortune
The Giving Pledge was designed to hold the world’s richest people accountable for donating at least half their fortunes in their lifetimes or wills–but...
Dow futures rally as Trump softens tone on trade war again while first tech earnings and inflation report loom | Fortune
U.S. stock futures pointed higher on Sunday evening as Wall Street looks ahead to a big week for the U.S.-China trade war, corporate earnings,...
MacKenzie Scott has cut her stake in Amazon by 42%—worth nearly $13 billion—as the billionaire casually donates over $110 million to DEI causes | Fortune
After gaining 400 million Amazon shares following her 2019 divorce from the company’s founder, Jeff Bezos, billionaire philanthropist MacKenzie Scott has now slashed her...
Global markets tumble as Beijing imposes new ban on U.S. shipping and Bessent vows China ‘will be hurt the most’ if it doesn’t surrender | Fortune
A broad-based selloff swept global stock markets this morning after U.S. Treasury Secretary Scott Bessent told the Financial Times that China “will be hurt...
Wall Street thinks China is winning Trump’s trade war | Fortune
Wall Street is bullish on U.S. stocks this morning, with S&P 500 futures strongly up, premarket. Traders seem to think that Trump will eventually...
Nestlé fired its scandal-clad CEO without a payout—a ‘really unusual’ move, corporate governance expert says
When Nestlé abruptly ousted its chief executive Laurent Freixe over Labor Day weekend after revelations of a romantic relationship with a direct subordinate, one...
