AMD shares fall as forecast fails to impress despite strong AI growth
AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much…
Category: Economy
Alphabet shares rise on earnings beats boosted by cloud revenue
Google parent Alphabet reported third-quarter earnings that beat on top and bottom lines. ...
Mortgage demand stalls as interest rates surge higher ahead of election
Total mortgage application volume was essentially flat, falling 0.1% compared with the previous week. ...
Biogen tops estimates, raises profit guidance as Alzheimer’s drug Leqembi gains traction
Leqembi, along with rare disease and depression treatments, helped offset a year-over-year decline in revenue for the company's multiple sclerosis…
Eli Lilly stock tumbles 10% after missing estimates and slashing profit guidance
Skyrocketing demand for weight loss and diabetes drugs has forced Eli Lilly and Novo Nordisk, to invest billions to increase…
Apple releases Apple Intelligence. Here’s how to get it on your iPhone
The release is a critical milestone for Apple, which is relying on the feature launch to power its marketing campaign…
JPMorgan begins suing customers who allegedly stole thousands of dollars in ‘infinite money glitch’
JPMorgan is investigating thousands of cases related to the glitch, which highlights the risk that social media can amplify vulnerabilities…
Jeff Bezos defends Washington Post non-endorsement, says Americans ‘don’t trust’ media
Washington Post owner and Amazon founder Jeff Bezos reacted to criticism over a decision not to endorse Kamala Harris or…
Bitcoin briefly tops $70,000 for the first time since June as investors await earnings, Election Day
Bitcoin has struggled to reclaim the $70,000 level this year after reaching a record of $73,797.68 in March. ...