Nvidia (NVDA) has had the kind of year most companies can only dream of. Its revenue and stock price soared thanks to prescient investments in artificial intelligence technologies that are paying off handsomely on the back of the generative AI wave. That’s not all. It’s repeatedly swapped places with Apple (AAPL) as the largest publicly … Read more
Tim Kitchen | The Image Bank | Getty Images There may not be a lot of homes for sale these days, but there is a lot of housing space sitting empty. In fact, the most in recorded history. The number of extra bedrooms, which is defined as a bedroom in excess of the number of … Read more
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices settled little changed on Friday as markets weighed Chinese demand and interest rate-cut expectations after data showed cooling U.S. inflation. Brent crude futures closed up 6 cents, or 0.08%, at $72.94 a barrel. U.S. West Texas Intermediate crude futures rose 8 cents, or 0.12%, at $69.46 per barrel. … Read more
By David French (Reuters) -Wall Street’s main indexes all ended higher on Monday, with both the Dow Jones Industrial Average and the Nasdaq Composite making it three straight wins, aided by gains by many of the so-called Magnificent Seven tech stocks on a holiday-thinned trading day. With megacap stocks having outsized influence on markets, their … Read more
The Walmart logo is seen outside of one of its stores in Selinsgrove, Pennsylvania. Paul Weaver | Lightrocket | Getty Images Walmart has started giving store-level associates body cameras to wear as part of a pilot program at some of its U.S. locations, CNBC has learned. It’s not clear how many of Walmart’s stores have … Read more
By Jaspreet Singh and Aditya Soni (Reuters) -Office equipment manufacturer Xerox has agreed to buy Chinese-owned printer and printing software maker Lexmark International in a $1.5 billion deal to expand its presence in Asian markets and better compete in an industry upended by the digital age. The purchase from Ninestar, PAG Asia Capital and Shanghai … Read more
Kenny Malone, Jeff Guo, and Adrian Ma/NPR Kenny Malone, Jeff Guo, and Adrian Ma/NPR This year, there was some economic good news to go around. Inflation generally ticked down. Unemployment more or less held around 4-percent. Heck, the Fed even cut interest rates three times. But for a lot of people, the overall economic vibes … Read more