April 24, 2024
“Technology stocks were broadly showing signs of “breaking down,” as the sector struggles in a slump this month that has deepened significantly, according to Bespoke Investment Group. The S&P 500’s information-technology sector tumbled 7.3% last week, its biggest weekly drop… Continue Reading…
April 23, 2024
“You can’t spell Internal Revenue Service without AI, and its commissioner, Danny Werfel, offered a vision this week for how the tax collecting agency intends to use artificial intelligence in the not-too-distant future. Werfel, in remarks made April 17 at UiPath… Continue Reading…
April 23, 2024
“The House came together Saturday to pass a sweeping $95 billion foreign aid package, a rare moment of bipartisan cooperation in the closely divided chamber. But the move only intensified infighting among House Republicans, who split sharply on the strategy… Continue Reading…
April 23, 2024
“…There are two potential issues Wall Street and investors might have with a Republican-controlled Congress and Trump at the helm. To start with, Republicans may aim to pass tax reforms that would reduce corporate and personal income-tax rates. While people… Continue Reading…
April 23, 2024
“A New York Home Depot has deployed a guard dog — and other stores may be close behind — to protect shoppers from aggressive migrants and thieves flooding their parking lots, The Post has learned… “It’s more about omnipresence,” one… Continue Reading…
April 23, 2024
“Longtime mall retailer Express filed for Chapter 11 bankruptcy protection in Delaware federal court on Monday, but a group of investors led by brand management firm WHP Global is looking to save the company by acquiring it. Express, whose portfolio includes its… Continue Reading…
April 22, 2024
“…The demand surge wouldn’t be met immediately by more power generation. New data centers would initially be served by excess capacity already on the regional grid, imported electricity from other areas and then eventually by newly constructed sources, said Paul… Continue Reading…
April 22, 2024
“…Shares in the infrastructure services business of power company Southwest Gas Holdings Inc. closed at $23.13 each on Thursday in New York, after a deal priced at $21 per share to raise about $314.8 million in total. Centuri sold 12.4… Continue Reading…
April 22, 2024
“…ASML’s stock was down around 4.5% in early European trade after the results. Here’s how ASML did versus LSEG consensus estimates: Net sales fell 21.6% year-on-year while net income dropped 37.4%. ASML’s net sales fell in the middle point of… Continue Reading…
April 22, 2024
“United Airlines shares surged more than 17% Wednesday to a seven-month high after the carrier forecast second-quarter earnings well ahead of Wall Street estimates despite ongoing delivery delays from Boeing. The airline expects to post earnings of between $3.75 and $4.25… Continue Reading…
Recent Comments