Shares of semiconductor giants Broadcom (NASDAQ: AVGO), Intel (NASDAQ: INTC), and Taiwan Semiconductor Manufacturing (NYSE: TSM) all marched higher Friday after Bank of America analyst Vivek Arya was quoted encouraging investors to invest in the “generational capex cycle in generative AI infrastructure.” Capex is shorthand for capital expenditures. Broadcom, TSMC, and Intel are chipmakers considered part […]

Key Takeaways The S&P 500 slipped less than 0.1% on Friday, Oct. 25, closing out a trading week in which earnings season kicked into gear. Shares of flooring manufacturer Mohawk Industries dropped as softness in the housing market weighed on its quarterly results. Tapestry shares jumped after a federal judge blocked the fashion holding company’s

Nvidia (NASDAQ: NVDA) has been in scintillating form on the stock market in 2024, reaching gains of nearly 180% as of this writing. This is due to the robust growth that the company has been clocking in recent quarters on account of the strong demand for its graphics cards deployed in artificial intelligence (AI) servers.

The Washington Post Building at One Franklin Square Building in Washington, D.C., June 5, 2024. Andrew Harnik | Getty Images The Washington Post said Friday that it will not endorse a candidate in the presidential election this year, breaking decades of tradition, and sparking immediate criticism of the decision. The newspaper also published an article

The union representing workers on strike against troubled aerospace firm Boeing (BA) on Thursday reminded its members that they need to stick together in order to get what they want. Sixty-four percent of workers represented by International Association of Machinists and Aerospace Workers (IAM) local 751 on Wednesday voted against Boeing’s latest deal, which offered

The boss of American car giant Ford has admitted he “doesn’t want to give up” an electric vehicle (EV) made by one of his Chinese rivals after driving it for six months. Jim Farley, who has been Ford’s chief executive since 2000, said he had arranged for his own Xiaomi SU7 to be shipped back from

Many factors make it hard to buy a home today, but the one that makes “the biggest difference” in today’s market is the housing shortage, Drew Scott, co-host of HGTV’s “Property Brothers,” said at CNBC’s Your Money event Thursday. “I don’t think people realize this shortage of housing that we have affects everything — from

There are four parts of Medicare: Part A, Part B, Part C, and Part D. In general, the four Medicare parts cover different services, so it’s essential that you understand the options so you can pick your Medicare coverage carefully. Key Takeaways Medicare is the national health insurance program available to people 65 or older,

Eight million borrowers facing “persistent financial burdens,” such as those brought on by unexpected medical bills, natural disasters or high child care or family caregiving costs, could qualify for federal student loan forgiveness — but it’s not a done deal yet. The Education Department revealed new details of the financial hardship proposal on Friday, Oct.

(Bloomberg) — Last fall, George Kurtz, the chief executive officer of CrowdStrike Holdings, Inc., gave investors a quarterly financial update that sent shares soaring. Among the details Kurtz highlighted was a major deal to sell cybersecurity tools for use by the US government.“Identity threat protection wins in the quarter included an eight-figure total deal value