Nvidia stock pops 3% after slumping into correction territory
Nvidia (NVDA) stock climbed during Wednesday morning trading after slumping into correction territory earlier in the week.
Nvidia (NVDA) stock climbed during Wednesday morning trading after slumping into correction territory earlier in the week.
Oklo, a nuclear energy startup, announced a partnership on Wednesday with Switch, a data center provider that works in the cloud and artificial intelligence industries. The stock swung wildly as investors digested the news.
Jabil exceeded profit and sales estimates in the first quarter since announcing a restructuring.
Honda and Nissan have acknowledged the possibility of a merger, driving an active trading session in Tokyo for the Japanese auto makers.
Heico set records for revenue, net income, and operating income in the fourth quarter, but overall sales missed estimates, sending shares lower.
General Mills shares moved lower Wednesday morning as the company's lowered fiscal 2025 profit outlook offset second-quarter results that beat analysts' estimates.
Electronic Arts, Rivian downgraded: Wall Street's top analyst calls
President Joe Biden this week announced an endorsement of a stock-trading ban for US lawmakers, making a last-minute entry into an issue that has bedeviled Capitol Hill for years.
Micron Technology, Inc. (NASDAQ:MU) will release earnings for its first quarter, after the closing bell on Wednesday, Dec. 18. Analysts expect the Boise, Idaho-based company to report quarterly earnings at $1.77 per share, versus a year-ago loss of 95 cents per share. Micron projects to report quarterly revenue of $8.71 billion, compared to $4.73 billion a year earlier, according to data from Benzinga Pro. The company has beaten analyst revenue estimates in six straight quarters and seven of the
While the potential deal would result in a $54 billion automotive company, the world's third largest, any benefits for its credit outlook would come with a delay, they wrote in a research note. "We ... believe it will be difficult for them to produce significant effects quickly through expanding the scope of their collaboration to include batteries, software, and autonomous driving," S&P analysts said, but added the eventual impact on their creditworthiness would be significant. A merger would likely have a negative impact Honda's standalone credit outlook, while it should positively affect that of Nissan, they added.