New York was the first state to launch a consumer rebate program created by the Inflation Reduction Act.
Schlagwort-Archiv: Financial
Super Micro, Dell shares jump as Elon Musk calls them suppliers to xAI supercomputer project
„Dell is assembling half of the racks that are going into the supercomputer that xAI is building,“ Musk said, adding that Super Micro will also be involved.
Darden beats on earnings, even as Olive Garden, fine-dining sales drag
Olive Garden owner Darden Restaurants reported flat same-store sales growth in its latest quarter.
Steve Cohen is set to make a big push into investing in AI
Steve Cohen’s Point72 plans to launch a separate, artificial intelligence-focused hedge fund to capitalize on the boom.
Fitch pushes back China rate cut expectations to next year as Fed holds interest rates steady
Fitch now forecasts China will keep its one-year medium-term lending facility (MLF) unchanged this year at 2.5%, and cut it to 2.25% next year.
Klarna rival Zilch raises $125 million with aim to triple sales and accelerate path to IPO
British fintech firm Zilch says it’s raised $125 million in debt from Deutsche Bank to help it further its path toward an eventual initial public offering.
Steve Cohen is set to make a big push into investing in AI
Steve Cohen’s Point72 plans to launch a separate, artificial intelligence-focused hedge fund to capitalize on the boom.
Warren Buffett buys Occidental shares for 9 straight days, pushes his stake to nearly 29%
The Omaha, Nebraska-based conglomerate purchased Occidental shares every trading day from June 5 to Monday.
Nvidia to get 20% weighting and billions in investor demand, while Apple demoted in major tech fund
The chip stock will jump to about 21% from 6% in a $70 billion tech ETF once a new rebalance takes effect.
American households have seen their purchasing power increase
Wage growth has surpassed inflation for a year, meaning households have seen their buying power increase.