News
Wall Street’s Big Bet on Jumbo Fed Cuts Hangs on Jobs Report
(Bloomberg) -- The bold bet from the likes of Citigroup Inc. and JPMorgan Chase & Co. that the Federal Reserve will slash interest rates by a half-percentage-point this month faces its biggest test yet from Friday’s US jobs report.Most Read from BloombergThe Outsized Cost of Expanding US RoadsHow Air Conditioning Took Over the American OfficeHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatMadrid to Ban E-Scooter Rentals, Following Lead Set in ParisWorld's Second-Tallest Tower Tests Mala
Bank of America: Nvidia's Recent Stock Slide Could Offer 'Enhanced Buy Opportunity'
Nvidia's stock price gained Thursday as Bank of America analysts said near-term headwinds could offer an "attractive opportunity" for investors to buy.
C3.ai stock tumbles 8% amid weak subscription revenue
The US economy may be on 'thinner' ice than investors think
Why Amazon Stock Popped on Thursday
Investors got a double dose of good news.
Zimmer Biomet Stock Falls After the Medtech Firm Warns of Software Switch Impact
Zimmer Biomet shares tumbled after the orthopedic product manufacturer said its implementation of a new ERP system could weigh on 2024 results.