As chip sales dry up, Nvidia CFO says spending on AI will save companies money

Nvidia Corp.’s financial chief reasons that the efficiencies businesses need are not from spending less money, but from spending more on technologies like artificial intelligence, even as chip sales d...

Opinion: Powell will have to push rates even higher for the Fed to get inflation to 2%

Inflation is proving tougher to curb than Federal Reserve Chairman Powell anticipated, and despite indicators that a recession could be coming, consumers and businesses apparently haven’t gotten the m...

GE Stock Hits a New High After an Old Bear Went Into Hibernation

Shares of General Electric hit a new intraday high Monday after an analyst who had been the company’s biggest bear dropped his coverage. J.P. Morgan analyst Stephen Tusa, whose $50 price target on the...

Altria to Buy Vaping Company NJOY for $2.75 Billion

Altria agreed to buy e-cigarette maker NJOY for $2.75 billion in cash as the Marlboro maker looks to strengthen its portfolio of smoke-free products. The deal for privately held NJOY, one of the few e...

20 income-building stocks that numbers say may become elite Dividend Aristocrats

Back in January, we took a deep look into three groups of Dividend Aristocrat stocks to show which ones had increased their payouts most significantly over the past five years. Now it is time for a fo...

BridgeBio Stock Surges on Dwarfism Drug Data. It’s Bad News for BioMarin.

BridgeBio Pharma stock was soaring after the biopharmaceutical company reported positive results in a Phase two clinical trial for an experimental treatment for achondroplasia, the most common type of...

‘I don’t think I can wait until 70’ — I’m still working at 66, so should I wait for Social Security or claim now? 

My wife and I turned 65 last year, and applied and received Medicare. She chose to receive her Social Security benefits now. I myself am still working. I was thinking to get Social Security at 66 ½, w...

Apple’s stock surges again after Goldman says to buy, citing nearly 30% upside potential

Shares of Apple Inc. surged toward a third straight gain Monday after Goldman Sachs analyst Michael Ng urged investors to buy, as a growing installed base of users, which encourages repeat purchases, ...

Altria deepens push into vape biz with two deals

Altria Group Inc. said Monday it would buy e-vapor company NJOY Holdings Inc. for $2.75 billion in cash, its second deal in recent days in the smokeless-tobacco space. Altria MO, +0.59% said the trans...

Hertz Warrants Offer a Good Alternative to the Stock. How to Play It.

Bulls on Hertz Global Holdings should consider the rental car company’s unusual and attractively priced warrants, which offer an alternative to Hertz common shares. First, some details on Hertz Global...

Lordstown Motors’ Sales Were Dreadful. The Stock Is Rising Anyway.

Sales and earnings from electric vehicle start-up Lordstown Motors show just how hard it has been to launch a new electric truck. Results look rough, but the beaten-up stock is rising in early trading...

Why the stock-market rally can keep going, says Morgan Stanley strategist who only recently warned of a death zone

On the heels of last week’s losing-streak breaking rally, investors look headed for the sidelines on Monday. Apart from an underwhelming growth forecast from China over the weekend that’s knocking oil...

U.S. stock futures retain Wall Street’s rally ahead of Powell testimony and jobs data

U.S. stock futures were steady early Monday, holding their latest rally ahead of testimony from Federal Reserve Chair Jerome Powell and crucial jobs data later in the week. How are stock-index futures...

Tesla, Apple, Ciena, and More Stock Market Movers

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Big Fund Slashes Stakes in Chip Stocks AMD, Intel, Nvidia, and Micron

Caisse de Depot et Placement du Quebec, Canada’s second-largest public pension, posted a negative annual return in 2022, the first time since the financial crisis. But the pension did beat the market....

Silicon Valley Confronts the End of Growth. It’s a New Era for Tech Stocks.

Silicon Valley could use a reboot. The biggest players aren’t growing, and more than a few are seeing sharp revenue declines. Regulators seem opposed to every proposed merger, while legislators push f...

Buy Boot Barn Stock. Cowboy Chic Is Hot, And It’s No Fad.

There are plenty of pitfalls when it comes to mixing form and function, but the latest wave of “Westerncore” sweeping the U.S. looks to have staying power. The scramble for shearling-collar coats and ...

Exxon Mobil sued over 5 nooses displayed at Louisiana facility

Exxon Mobil Corp. violated federal law for failing to take sufficient action as five hangman’s nooses were displayed at its facility in Baton Rouge, Louisiana, the U.S. government said in a lawsuit. A...

Stock-Based Compensation Is the Latest Risk for Tech Stocks

For years, the lavish stock grants and options handed out by tech companies went largely ignored by investors. Now, the practice is finally getting attention, and it’s likely going to bring bad news f...

In Tech’s New World, Layoffs and Buybacks Are In, Mergers Are Out

Silicon Valley could use a reboot. The biggest players aren’t growing, and more than a few are seeing sharp revenue declines. Regulators seem opposed to every proposed merger, while legislators push f...

Twitter Reports 40% Drop in Revenue and Adjusted Earnings to Investors: WSJ

Elon Musk’s Twitter told investors its revenue and adjusted earnings fell approximately 40% year-over-year in December, The Wall Street Journal reported on Friday. The Journal, citing people familiar ...

Stock market faces crucial test this week: 3 questions to decide rally’s fate

There will be no rest for investors this week as they await a marquee report on the state of the U.S. labor market, along with biannual Congressional testimony from Federal Reserve Chairman Jerome Pow...

Texts From Crypto Giant Binance Reveal Plan to Elude U.S. Authorities

Binance exploded onto the crypto scene in 2017 and grew into the world’s biggest digital-currency exchange. It quickly ran into a problem. It largely operated from hubs in China and then Japan, yet a ...

Giant Pension Sells Caterpillar and Microsoft Stock, Buys Comcast and Visa

One of the largest Canadian pensions made major changes in its U.S.-traded portfolio. Ontario Teachers’ Pension Plan sold all its Caterpillar stock (ticker: CAT), slashed a Microsoft (MSFT) investment...

How to invest in the stock market and never lose money

Fixed index annuities are not the only way you can invest in the stock market and be assured of not losing money over the short term. That’s because there’s a do-it-yourself alternative that avoids th...

Ford to raise production as U.S. auto sales start to recover

Ford will increase production of six models this year, half of them electric, as the company and the auto industry start to rebound from sluggish U.S. sales in 2022. The automaker announced Friday tha...

Apple and Meta Stock Buybacks Haven’t Been Equal. Here’s Why.

Investors love stock buybacks, but they don’t always spur the types of returns one might imagine. It takes a discerning eye to identify companies with buybacks that create significant gains for shareh...

Capital Gains and Dividend Tax Rates for 2022-2023

Investors who have taxable accounts—as opposed to tax-favored retirement accounts such as individual retirement accounts (IRAs) or 401(k)s—are often eligible for lower tax rates on investment income a...

‘I’m holding my breath’: What will happen if the Supreme Court blocks Biden’s student-loan forgiveness plan?

As the Supreme Court debates President Joe Biden’s student-loan forgiveness plan, Americans’ consumer debt continues to rise — and more of it is past due. For Shanna Hayes, 34, who was recently laid o...

Okta’s stock jumps more than 14% as earnings forecast doubles expectations

Okta Inc. shares rallied in the extended session Wednesday after the identity-management software company topped estimates by a wide margin, and executives predicted adjusted earnings that were more t...

AMC Stock Falls After CEO Warns Company Could Be Forced to Sell More ‘APEs’

AMC Entertainment stock closed down sharply Wednesday in the wake of comments from the CEO that the firm may be forced to sell more stock for less money if shareholders don’t approve measures that all...