Tag Archives: higher

The Wall Street Journal reports OpenAI CEO Sam Altman is hot on the fundraising trail, courting governments in the Middle East, among others, for a venture focused on making the chips needed to fulfill his vision of the AI revolution. And to call this vision “capital intensive” is an undersell. The Journal reports Altman sees the project needing to raise up to $7 trillion. Data from S&P Global Market Intelligence and Pitchbook (via The Financial Times) suggest that at the end of last year there… Source link

[unable to retrieve full-text content]Stock market today: US futures climb as techs power higher again  Yahoo Finance Source link

US stocks tipped higher on Thursday, eyeing a rebound from recent losses as investors looked to fresh quarterly earnings for inspiration amid dwindling hopes for an early 2024 interest rate cut. The S&P 500 (^GSPC) added around 0.4%, while the tech-heavy Nasdaq Compossite (^IXIC) led gains, rising 1%. The Dow Jones Industrial Average (^DJI) dropped about 0.3%. Techs led stocks higher after a bullish AI-fueled revenue outlook from TSMC (TSM), a key supplier to Apple (AAPL) and Nvidia (NVDA)…. Source link

[unable to retrieve full-text content]Stock market news today: US stocks move higher amid revived hopes for Fed rate cut, GDP data  Yahoo Finance Source link

[unable to retrieve full-text content]Home sellers have little reason to list as mortgage rates head higher  Yahoo Finance Source link

[unable to retrieve full-text content]YouTube TV raises monthly price to $72.99 citing higher content costs  Yahoo Finance Source link

MOUNTAIN VIEW — Dozens of Google workers from across the country rallied at Google headquarters Wednesday to demand higher wages and benefits from Google’s parent company Alphabet. With the backing of the Alphabet Workers Union, a group of Google contract workers known as “raters” made their voices heard on Google’s main campus calling for fair pay and benefits. “I support the largest revenue stream that Google has, and I don’t have healthcare from my employer, and I don’t have the… Source link

[unable to retrieve full-text content]Google ‘rater’ contract workers rally at Mountain View headquarters to demand higher pay  CBS San Francisco Source link

U.S. stocks gained Monday as investors braced for a jam-packed week of corporate earnings and contemplated the Federal Reserve’s next rate move before officials meet later this month. The S&P 500 (^GSPC) advanced 1.2%, while the Dow Jones Industrial Average (^DJI) jumped about 250 points, or 0.8%. The technology-heavy Nasdaq Composite (^IXIC) again led the way higher, rallying 2%. The moves Monday come after the S&P 500 and Nasdaq rallied toward a winning week on Friday, regaining their… Source link

U.S. stocks rose modestly at Wednesday’s open as investors continued to parse through more corporate financial updates for signs of the “earnings recession” many analysts have warned about. Investors also assessed the release of more economic data, as retail sales slumped more than expected and producer prices came in cooler than expected. The S&P 500 (^GSPC) edged 0.3% higher, while the Dow Jones Industrial Average (^DJI) added 55 points, or 0.2%. The technology-heavy Nasdaq Composite ( Source link