Check out the companies making the biggest moves midday: Qualcomm — The chipmaker soared more than 11% after announcing artificial intelligence processors to compete with AMD and Nvidia . The AI chips are a shift for Qualcomm , which has previously focused on semiconductors for wireless connectivity and mobile devices, not massive data centers. Intellia…
Albany Times Union/hearst Newspapers | Hearst Newspapers | Getty Images A deeper dip into consumer wallets this holiday season is expected to last through Thanksgiving and Christmas, and it is already being seen in the Halloween product market. DataWeave, which analyzes SKUs (stock keeping units), a scannable code retailers use to identify and track a…
Wall Street is relentlessly bullish , putting the S & P 500 on pace Monday for its first close above 6,800 ever . But what if the majority view here is wrong and valuations in frothy territory will suddenly start to matter? Investors may want to hold some stocks that can remain stable even when…
The largest union representing federal workers on Monday called for Democrats in Congress to end the ongoing government shutdown by voting for the stopgap funding measure that Republicans have proposed. “It’s time to pass a clean continuing resolution and end this shutdown today,” Everett Kelly, president of the American Federation of Government Employees, wrote. “No…
Check out the companies making the biggest moves in premarket trading: Rare earth stocks — Treasury Secretary Scott Bessent said Sunday he expects China to delay imposing strict rare earth export controls as part of a trade deal with the U.S., sending shares of rare-earth miners lower. United States Antimony tumbled nearly 15%, Critical Metals…
Qualcomm announced Monday that it will release new artificial intelligence accelerator chips, marking new competition for Nvidia, which has so far dominated the market for AI semiconductors. The AI chips are a shift from Qualcomm, which has thus far focused on semiconductors for wireless connectivity and mobile devices, not massive data centers. Qualcomm said that…
Keefe, Bruyette & Woods downgraded Berkshire Hathaway to underperform, warning that Warren Buffett’s succession risk and a slew of business-specific headwinds could weigh on the conglomerate’s earnings and share performance over the next year. The brokerage slashed its rating to the equivalent of sell from neutral, and cut its price target for Berkshire’s Class A…
Wall Street is warning clients not to bet against the stock market, with both central bank and corporate catalysts ahead. The market roared to all-time records on Friday as the release of September consumer inflation data overshadowed concerns around both tariffs and sky-high valuations. Now, traders are looking to the two-day Federal Reserve meeting and…
Sign at the entrance to the Lululemon store in Midtown Manhattan. Erik Mcgregor | Lightrocket | Getty Images Lululemon is partnering with the NFL to launch an apparel collection for all 32 NFL teams. It will mark the first time the retailer has offered officially licensed products for the NFL or any of its franchises….
U.S. Treasury Secretary Scott Bessent speaks to reporters at the White House in Washington, D.C., Oct. 22, 2025. Kevin Lamarque | Reuters Treasury Secretary Scott Bessent on Monday confirmed that the list of candidates to replace Federal Reserve Chair Jerome Powell has been winnowed down to five, and President Donald Trump said the replacement is…
