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Financial Markets

Europe’s top court backs tough action against Apple and Google | Tax news

The European Commission has ordered Apple to pay billions in back taxes; the decision was confirmed by the EU’s highest court. EU Antitrust Commissioner Margrethe Vestager has achieved two important successes: Europe’s highest court supported her actions in two groundbreaking…

This is why Nvidia’s share price has fallen

Will Nvidia’s share price continue to rise? The share price of Nvidia, a leading maker of AI chips, is rebounding after reporting first-quarter revenue of $26 billion and is above $1,000 per share. Shares of California-headquartered chipmaker Nvidia fell after…

Stock market today: Losses of major technology companies lead to share price decline on Wall Street

Stocks on Wall Street closed lower on Wednesday as declines in major technology companies outweighed gains in the rest of the market. The S&P 500 fell 0.6 percent, weighed down by losses at Nvidia, Apple, Microsoft and Amazon. About 56…

Nvidia beat Wall Street forecasts, but shares fell 3.7% in after-hours trading

LOS ANGELES (AP) — Nvidia’s soaring profit beat Wall Street estimates — shaken by the chipmaker’s dominance that has cemented Nvidia’s place as the poster child of the artificial intelligence boom — but investors seemed less than impressed. The company…

Why Trump Media is in dispute with its investors

Trump Media suspects illegal short sellers targeting stocks Trump Media’s leadership claimed the company was being targeted by illegal short sellers seeking to depress the stock price. Cheddar As a trading company, Donald Trump’s social media company has become a…

Stock market today: Dow Jones Industrial Average hits new record high in mixed trading

Wall Street hit another record high on Tuesday, while major stock indices barely moved after a lackluster day of trading. The Dow Jones Industrial Average rose 9 points, or less than 0.1 percent, to its second all-time high in two…

Stock Market Today: Wall Street Opens Lower, Drags Dow Below Record High | National News

NEW YORK (AP) — Stocks on Wall Street opened slightly lower, causing the Dow Jones Industrial Average to fall slightly below its record high of the previous day. In the first minutes of trading on Tuesday, the Dow lost 63…

Stock market today: Wall Street teeters on records ahead of Nvidia earnings and inflation data

NEW YORK (AP) — Wall Street is hovering around record highs as it begins a week that will see the release of a host of corporate earnings and the latest government inflation figures. The S&P 500 lost 0.4 percent on…

Did Powell just add fuel to the fire of the stock market?

Investing.com – Jerome Powell’s recent speech at the Jackson Hole symposium has sparked a reaction in financial markets, with many analysts believing his dovish tone could lead to further gains in an already overheated stock market. The comments by the…

Asian stocks rise as investors anticipate rate cuts: Markets Wrap

(Bloomberg) — Asian stocks rose in the third session and the yen strengthened to a three-week high as the prospect of impending interest rate cuts from the U.S. Federal Reserve boosted sentiment. Most read by Bloomberg Share prices in Australia…