Chipmaker Micron Technology (MU) beat its fiscal second quarter earnings estimates, posting revenue of $8.05 billion (vs. estimates of $7.91 billion) and adjusted earnings per share of $1.56 (vs. estimates of $1.43…
Category: Investing & Market Insights
Quantum computing stocks take hit following Nvidia CEO’s remarks
00:00 Speaker A Quantum computing stocks under pressure after comments at Nvidia’s GTC conference raising skepticism over the publicly traded companies in the industry, perhaps, and also the news that Nvidia is…
US existing home sales surged 4.2% in February: What to know
US existing home sales unexpectedly surged by 4.2% in February, as reported by the National Association of Realtors (NAR), when the figure was expected to fall by 3.2% month-over-month. Realtor.com chief economist…
Klarna to partner with delivery service DoorDash
00:00 Speaker A Buy now pay later firm Klarna, this one is landing and partnering up with DoorDash. In the coming months, customers will be able to use Klarna services to purchase…
Nvidia-backed CoreWeave now looks to raise $2.7B in US IPO
00:00 Speaker A We’ve got some breaking news crossing the wire here. Core weave, AI cloud from Core weave seeking a $2.7 billion dialed back IPO deal. This here coming this morning….
Stagflation would be ‘worst-case scenario’ for housing market
The Federal Reserve decided to keep interest rates unchanged, signaling a “wait-and-see” approach regarding the impacts of tariffs, inflation, and overall policy uncertainty. This makes for an unclear path to recovery for…