Shoppers pass a Cartier luxury store, operated by Cie. Financiere Richemont SA, in the Galeries Lafayette SA luxury department store in Paris, France. Bloomberg | Bloomberg | Getty Images Shares of Cartier owner Richemont jumped on Thursday after the luxury group reported a 10% increase in fiscal third-quarter sales even as China demand weighed. Sales […]

Broadcom’s Latest SAN Switch Offers Scalable, Energy-Efficient Solution for Growing Storage Demands On Wednesday, Broadcom Inc (NASDAQ:AVGO) announced the availability of the Brocade G710 24-port 64G switch, a top-of-rack SAN switch. Brocade Gen 7 Fibre Channel combines cyber-resilient and autonomous SAN technology into this cost-effective platform that seamlessly integrates into rack-based storage solutions, the company said.

Key Takeaways Tesla shares surged Wednesday after spending several weeks in the slow lane following a huge post-election rally. The stock has consolidated within a flag pattern, indicating a continuation of the strong uptrend. Bars pattern analysis, which takes the stock’s strongly trending move from October 2019 to February 2020 and repositions it from November’s

(Bloomberg) — Wall Street breathed a sigh of relief after a surprise slowdown in inflation spurred a stock rally and a plunge in bond yields, reinforcing bets the Federal Reserve is on track to keep cutting rates this year. Most Read from Bloomberg Equities erased their losses for 2025, with the S&P 500 up about

David Solomon, CEO of Goldman Sachs, speaks during the Reuters NEXT conference, in New York City, U.S., December 10, 2024.  Mike Segar | Reuters Goldman Sachs CEO David Solomon says there’s an end in sight to the multi-year IPO drought. “It’s going to pick up,” Solomon said on Wednesday, in an on-stage interview with Cisco

Shares of Wolfspeed (NYSE: WOLF) are seeing explosive gains in Wednesday’s trading. The silicon carbide specialist’s share price was up 25% as of 1 p.m. ET today amid the backdrop of a 1.5% gain for the S&P 500 index and a 2% jump for the Nasdaq Composite index. Wolfspeed is surging today following fundraising news

Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, YouTube or wherever you find your favorite podcasts. The explosive move in Rigetti Computing’s (RGTI) stock has its CEO cautioning investors that it will take time for the company to post sustainable sales growth and profits. “Particularly because of the hype that is going on

A soldier walks next to a Tesla Cybertruck, which was donated to the National Guard, after powerful winds fueling devastating wildfires in the Los Angeles area forced people to evacuate, in the Pacific Palisades neighborhood on the west side of Los Angeles, California, U.S. Jan. 13, 2025.  Daniel Cole | Reuters Tesla started offering discounts

Got an extra $1,000 you would like to put to work but don’t quite know how? Don’t make it complicated. Just poach a pick or two (or several) from one of the world’s best-known and most-proven stock pickers. He’s Warren Buffett, of course. There’s a reason he has been able to reliably lead Berkshire Hathaway to

Breaking up one purchase across a few credit cards is possible, especially if you’re at a physical store. It’s more of a mixed bag online. You may get to the final checkout screen, only to find that splitting payments isn’t an option with that particular retailer. Here’s what you need to know about split credit