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US stocks: Retail buyers limit Nvidia stock routRetail investors poured a record $111 million into Nvidia shares during Thursday’s first half-hour of trading, helping the stock trim an op...- Banks, investors grow wary of AI debt, spooked by market selloffSome banks, which just a few weeks ago were lining up to fund AI deals, are now telling market participants they would be reluctant to fina...
- Wall Street Week Ahead: Jobs report, inflation data to test US rate path, economic strengthUpcoming reports on employment and inflation are poised to influence expectations around interest rate hikes, subsequently impacting the US...
- Jane Street bets big on leveraged ETF swapsJane Street Group has entered the leveraged ETF swap market this year. They provided about $1.2 billion in swaps during the second quarter....
- Wall Street Week Ahead: US jobs data to give economic view for war-gripped marketsStock markets are bracing for a volatile week, with investors closely watching the ongoing Iran conflict's impact on oil prices and inflati...
- Apple's Tim Cook doubles Nike stake, endorses CEO Hill's turnaround pushAs of December 22, Tim Cook held about 105,000 shares, according to the filing released on Tuesday.
- Nike shares rise 4% as Apple's Tim Cook doubles personal bet on CEO Elliott Hill's overhaul effortNike shares rose nearly 4% in early trading on Wednesday after Apple CEO Tim Cook doubled his personal stake in the sportswear maker, rais...
- Salesforce shares scale record high on promising AI toolsSalesforce hit a record high of $368.7 in early morning trading and is set to add more than $35 billion to its market valuation of $316.85 ...
- Wall Street advances as traders' bets rise for bigger Fed rate cutWall Street's main indexes closed higher on Friday as investors focused on the possibility of a larger interest rate cut by the Federal Res...
- Airbnb shares slump 14% as weak forecast signals slowing travel demandAirbnb Chief Financial Officer Elinor Mertz said on a call with analysts on Tuesday that softness in long booking lead times was a big fact...
- Tesla shares gain as Baird Equity adds stock to 'best ideas' listTesla sparked a price war earlier this year and last week slashed prices of three models in China. It also launched a cheaper version of th...
- Wall Street Week Ahead: Inflation data may seal fate of unloved US stock rally"We're at the point where consumer price data has reached a Super Bowl level of importance," said Michael Antonelli, managing director and ...
- Airbnb sees strong first-quarter revenue on travel demand, longer staysStrong demand helped push up prices charged by hosts, with average daily rates during the fourth quarter up 20% at $154. The company expect...
- Wall St Week Ahead: Investors grow wary as stocks hit new highsUtilities are the S&P 500's best-performing sector so far this quarter with a 10.2% gain. They have been followed by other popular destinat...
- How high can you go? Wall Street exuberance makes some uneasyInvestors have lowered cash reserves and poured money into stocks following breakthroughs on COVID-19 vaccines, expectations of more fiscal...
- Cognizant Q1 results: Profit falls 17% YoY to $367 million, firm expects sluggish Q2 due to Covid, ransomwareCompany will see a ransomware impact of $50-70M in the second quarter
- StarTek looks at digital buys to tide over its Aegis troughPrivate equity firm Capital Square Partners, which bought Aegis and merged it with StarTek in 2018, has gone underwater on the deal as it h...
- IT services company Cognizant may up variable part of payCompany charts a revamp plan with salary structure rejigs, cutting management layers and rethinking sales.
- Cognizant Q3 revenue at $2.58 billion; full year revenue seen between $10.13 - $10.16 billionThe GAAP net income was reported at $355.6 million, or $0.58 per diluted share, compared to $319.6 million, or $0.53 per diluted share.
- Cognizant Technology Solutions aims to reach $10-billion clubCognizant Technology Solutions is aiming to join the $10-bn club this year, with a growth forecast of 16.5% over 2013 that some felt was co...
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