Category: Economy
Wall Street rises on hopes of Fed pausing hikes, debt ceiling deal cheer
By Herbert Lash and Shreyashi Sanyal (Reuters) – The Nasdaq and S&P 500 surged to nine-month closing highs on Thursday…
Fed should stop raising rates, at least in June -Harker
By Ann Saphir (Reuters) – U.S. central bankers should not raise interest rates at their next meeting, Philadelphia Federal Reserve…
High-flying C3.ai shares slump as sobering forecast dampens AI hype
By Medha Singh (Reuters) -Shares of C3.ai Inc dropped 13% on Thursday after the software maker’s disappointing quarterly revenue forecast…
Intel shares jump as chipmaker sees second-quarter revenue at upper end of outlook
(Reuters) – Shares of Intel Corp rose about 5% after the chipmaker’s finance chief said on Wednesday that the company…
Nvidia briefly joins $1 trillion valuation club
By Akash Sriram and Samrhitha A (Reuters) – Nvidia Corp briefly joined an elite club of U.S. companies sporting a…
In the Market: Amid the calm, the Fed brews the next storm
By Paritosh Bansal (Reuters) -Having navigated the financial crisis of 2008, Neel Kashkari worries about systemic risks. But now, as…
