AbbVie(ABBV) reports second-quarter results on Friday, July 31, and the mood around the stock has changed. A few months ago, investors were restless. The two drugs carrying the company were doing fine, but everyone already Read more…
Retirees who spent June planning around a generous 2027 Social Security cost-of-living adjustment (COLA) now face a much smaller number. The latest consumer price data has forced one of the most closely watched independent analysts Read more…
Corning is best known for Gorilla Glass, the durable material used in smartphone screens. The company also makes the optical fiber, cables, and connectors that move data among thousands of processors inside artificial intelligence data Read more…
Jensen Huang had never posted on X before July 24. His first post on the platform wasn’t about chips or Nvidia‘s earnings or the next GPU architecture. It was a letter. An open letter signed Read more…
Plenty of companies blame artificial intelligence for their recent layoffs, but whether they’re being truthful about their motivations is up for debate. U.S.-based employers revealed more than 97,000 job cuts in May, a 16% increase Read more…
Central banks are good at fighting inflation they can recognize. The trouble starts when the price pressure arrives from somewhere the playbook never anticipated. For most of the past four years, the Federal Reserve has Read more…
HCA Healthcare (HCA), the United States’ largest hospital chain, beat Wall Street on both revenue and profit for the second quarter, then watched its own stock fall anyway. The reason sits inside a single line Read more…
With Disneyland in California opening in 1955 as the first of what would eventually grow into today’s theme park and entertainment empire, the original resort in Anaheim has a total of 52 attractions of which Read more…
It looks like Kevin Warsh may have to put his money where his mouth is. The hawks circling over Wall Street suggest the Federal Reserve needs to raise short-term interest rates this week to stave Read more…