After a big run this year, Nvidia (NVDA) fell over 15% from its high and broke its 50-day SMA. On…
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In late June, Gilead Sciences (GILD) stock surged following positive results of a late-stage trial for its latest HIV drug. …
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Wednesday’s price action in the stock market indicated that fear is back. The Cboe Volatility Index ($VIX) closed up by…
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BusinessEditor's Pick
NBA says Amazon will be its new media partner, rebuffing Warner Bros. Discovery
The National Basketball Association has rebuffed longtime media partner Warner Bros. Discovery’s bid to keep airing games after next season. The…
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BusinessEditor's Pick
U.S. economy grew at a 2.8% pace in the second quarter, much faster than expected
Economic activity in the U.S. was considerably stronger than expected during the second quarter, according to an initial estimate Thursday…
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Chipotle Mexican Grill on Wednesday reported quarterly earnings and revenue that topped analysts’ expectations as it saw higher traffic at its…
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U.S. stocks had their worst day since 2022 on Wednesday amid a broad pullback in tech companies as Wall Street…
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BusinessEditor's Pick
CrowdStrike losses may be biggest test yet of cybersecurity insurance risk warning from Warren Buffett
At Berkshire Hathaway’s annual investor meeting earlier this year, Warren Buffett and his top insurance executive Ajit Jain issued a headline-grabbing…
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BusinessEditor's Pick
Why an indicator that has foretold almost every recession doesn’t seem to be working anymore
Wall Street’s favorite recession signal started flashing red in 2022 and hasn’t stopped — and thus far has been wrong…
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Renewable energy demand will triple over the next seven years as data center growth accelerates to facilitate the proliferation of…