Nvidia investors should expect a slow, methodical China recovery and not a near-term sales spike. Earlier this month, the company announced plans to resume sales of H20 chips to China . The less-advanced semiconductors, built on its Hopper architecture, are designed for artificial intelligence computing, but remain compliant with U.S. export restrictions to China. However,…
Homes in Los Angeles, California, US, on Sunday, July 13, 2025. Like in the broader US market, home sales have slowed in Southern California as high interest rates and economic uncertainty chill demand. Eric Thayer | Bloomberg | Getty Images Sales of previously owned homes in June dropped 2.7% from May to 3.93 million units…
Meme stock mania is back somewhat, and retail traders are targeting a new group of shares. Speculation resurfaced and exploded on Wall Street this week as day traders on Reddit’s WallStreetBets forum touted “you-only-live-once” risky trades and piled into beaten-down stocks. It’s no longer GameStop or AMC that retail traders are flocking to these days….
Nisian Hughes | Getty Images Uber announced a new feature Wednesday that pairs women drivers and riders, in its latest move to address safety on the ride-hailing platform. The new tool, which the platform will begin piloting next month in the U.S., allows women passengers to match with women drivers when booking or pre-booking rides,…
Traders work on the floor of the New York Stock Exchange (NYSE) on July 07, 2025, in New York City. Spencer Platt | Getty Images News | Getty Images It’s a new day, and meme traders have found more stocks to put on the pedestal. Reddit-obsessed retail traders targeted wearable camera firm GoPro and donut…
Here are Wednesday’s biggest calls on Wall Street: Seaport upgrades Toll Brothers to buy from neutral Seaport said it’s getting more constructive on the homebuilder. “Have the Builders priced in known bad news enough – falling margins, orders, FY26 units – to warrant a more constructive posture? We think so, and upgrade Taylor Morrison and…
A “For Rent, For Sale” sign is seen outside of a home in Washington, U.S., July 7, 2022. Sarah Silbiger | Reuters A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists,…
A screen displays the the company logo for Goldman Sachs on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2025. Brendan McDermid | Reuters Goldman Sachs and Bank of New York Mellon are set to announce that they’ve created the ability for institutional investors to purchase tokenized…
Bank of America is getting bullish on Amazon ahead of the e-commerce giant’s earnings release, saying the company is getting ready to unlock its full artificial intelligence potential in the back half of the year. Analyst Justin Post reiterated his buy rating on Amazon and lifted his price target by $17 to $265. That suggests…
Wayne Kuhl, a McDonald’s chef, shows the spicy and ranch Snack Wrap after he finished wrapping at the McDonald’s Headquarters in Chicago on May 29, 2025. Nam Y. Huh | AP Early data suggests the return of McDonald’s Snack Wraps is winning over customers. After a nearly decadelong hiatus, the burger chain brought back the…
