US stocks reversed early gains as cautious investors weighed new economic data in the midst of Nvidia’s (NVDA) big artificial intelligence plans. The benchmark S&P 500 (^GSPC) fell around 0.6% while the tech-heavy Nasdaq Composite (^IXIC) lost roughly 1.4%. The Dow Jones Industrial Average (^DJI) bounced around during the mid-morning session but fell about 0.1% […]

The surprise departure of Federal Reserve vice chair for supervision Michael Barr is focusing new attention on Michelle Bowman, named by analysts as the person most likely to become the Fed’s new top banking cop. The conservative Fed governor and former state banking commissioner of Kansas “seems like the likely choice,” Stifel chief Washington policy

A person shops at a Whole Foods Market grocery store on December 17, 2024 in New York City.  Spencer Platt | Getty Images Activity in the U.S. services industry accelerated in December but brought with it a sharp rise in expectations for price increases as businesses grew concerned about the impact tariffs would have on

Nvidia stock (NVDA) fell as much as 5% Tuesday, reversing earlier gains fueled by CEO Jensen Huang’s keynote at the tech industry’s annual CES trade show in Las Vegas the previous day. Huang’s presentation gave a flurry of updates on upcoming Nvidia products, previewing what’s next in the burgeoning artificial intelligence market and for other

Skeptics of buy-and-hold trading in forex argue that it is a fool’s errand because currencies lack the main advantage of stocks. A company’s value may soar because a company has entered a new market or had a breakthrough in one of its products. Meanwhile, currencies rarely rally against each other unless, for example, a developing

Rising over 13% in 2024, the Dow Jones Industrial Average lagged the S&P 500, which soared 23%. But the diversity among the performances of the individual Dow Jones stocks was considerable. While Boeing dragged the index down last year, Nvidia (NVDA -2.63%) took up the slack and was the best-performing Dow Jones stock of 2024.

US stocks reversed early gains as cautious investors weighed new jobs data in the midst of Nvidia’s (NVDA) big AI plans. The benchmark S&P 500 (^GSPC) fell around 0.3% while the tech-heavy Nasdaq Composite (^IXIC) lost roughly 0.7%. The Dow Jones Industrial Average (^DJI) dropped about 0.1%. An update on JOLTS job openings in November

By Krystal Hu (Reuters) – Artificial intelligence startups have contributed significantly to the recovery of U.S. venture capital funding from market lows, with the total capital raised in 2024 nearly 30% higher year-on-year, according to PitchBook data released on Tuesday. AI startups also captured a record 46.4% of the total $209 billion raised last year,

Meta on Tuesday announced it will eliminate its third-party fact checking program to “restore free expression” and move to a “Community Notes” model, similar to the system that exists on Elon Musk’s platform X. The company said Community Notes will be written and rated by contributing users to provide more context to posts across its

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