Artificial intelligence powerhouse Anthropic secured a milestone victory late Thursday when US District Judge Rita Lin declared the Pentagon’s attempts to blacklist the firm illegal. The court ruled that Defense …
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Business
US PCE in July higher than expected at 3.7%, but core PCE matches forecast
by adminby adminUS consumer prices rose slightly in July, with the Federal Reserve’s preferred inflation gauge showing that price pressures remain elevated as policymakers weigh the next move on interest rates. The …
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Affirm’s stock has traded sideways over the past few weeks, but that may change later today when the company releases its financial results, offering fresh insight into the business. AFRM …
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IREN stock jumped over 4%, mirroring gains at other neocloud companies like CoreWeave and Nebius following strong Nvidia earnings and guidance. Shares climbed to $43.25, but this rally will be …
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Business
Panda Express CEOs say their ‘mission’ is to help employees realize the American dream of homeownership
by adminby adminPanda Express is famous for its orange chicken. But the founders of the iconic fast-casual Asian chain also want to be known for something else: helping their workers realize the …
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Business
US inflation test is hours away: 3 stocks most exposed to the PCE surprise
by adminby adminUS markets face a key inflation test on Wednesday as investors wait for July’s personal consumption expenditures report, which could reset expectations for interest rates and Treasury yields. The Bureau …
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Oklo stock rose nearly 4% in premarket trading, extending the 12% gain from the previous session. The rebound came as investors returned to small modular reactor (SMR) stocks, including NuScale. …
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Investing
Scotiabank stock has soared to a record high after earnings: more upside?
by adminby adminScotiabank stock price continued its strong bull run this week, reaching an all-time high. BNS has jumped 30% this year and 68% over the past 12 months, outpacing the SPDR …
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Business
America wants cheaper debt: why Wall Street says Treasury tricks won’t fix it
by adminby adminAmerica’s problem is not that investors have stopped trusting Treasury debt, but that they increasingly want to be paid more to hold it. Long-term US yields remain close to multi-decade …
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BitMine stock continued its strong comeback this week as Ethereum price soared to its highest level in months and as it neared the end of its accumulation. BMNR jumped to …