#stock-market-rally
#stock-market-rally
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US news
from24/7 Wall St.
3 weeks agoHere Are Wednesday's Top Wall Street Analyst Research Calls: AT&T, Beyond Meat, Carvana, Fortinet, Snowflake, Waste Managment and More
Stocks rallied while the NASDAQ lagged amid AI valuation concerns and Michael Burry's criticism; Treasury yields rose and oil prices advanced.
Business
fromFortune
4 weeks agoThe S&P 500 is also in a K-shaped economy, says Apollo, with a widening gap between the winners and losers | Fortune
Wealthy consumers' confidence and stock-market gains are driving growth while lower-income households face recession-like conditions, creating a widening K-shaped economic divide.
fromFortune
1 month agoDow futures jump 300 points as U.S.-China trade war heads for ceasefire while Wall Street eyes another Fed rate cut and earnings from AI giants | Fortune
U.S. stocks signaled another rally on Sunday night after the Trump administration negotiated a framework for a trade deal with China that should avoid mutual assured destruction. Treasury Secretary Scott Bessent offered rough outlines of an agreement that include China easing rare earth export restrictions and buying "significant" amounts of U.S. soybeans in exchange for President Donald Trump removing his threat of adding 100% tariffs on China.
Business
fromFortune Asia
3 months agoChina AI chip leader Cambricon sees record earnings boost from DeepSeek
Cambricon Technologies Corp. swung to a record profit in the first half, reflecting a wave of demand for Chinese chips after Beijing encouraged the use of homegrown technology in a post-DeepSeek AI boom. The Chinese AI chip designer, which competes with Huawei Technologies Co. to provide accelerators for developing and hosting AI models, posted a 1.03 billion yuan profit ($144 million) versus a year-earlier loss of 533 million yuan. That's off a roughly 44-fold surge in revenue to 2.9 billion yuan. Its shares climbed more than 8% in Shanghai.
Artificial intelligence
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