Demand for Nvidia’s pricey artificial intelligence chips will be in focus when the company reports results on Wednesday.
Read More Nvidia’s earnings to be a test of AI chip demand as DeepSeek sows spending doubtsTag: Investors
Florida Files Lawsuit Against Target Over DEI Policies
The Sunshine State has filed a federal lawsuit against Target, claiming the retail chain misled investors by failing to disclose that they would be selling diversity, equity and inclusion (DEI) merchandise, specifically for its LGBTQ+ Pride merchandise line in 2023.
Read More Florida Files Lawsuit Against Target Over DEI PoliciesUS Supreme Court tosses case involving securities fraud suit against Facebook
The Supreme Court sidestepped a decision on whether to allow shareholders to proceed with a securities fraud lawsuit accusing Facebook of misleading investors.
Read More US Supreme Court tosses case involving securities fraud suit against FacebookBoeing fine-tunes job cuts as major buyer slams 777X jet delay
Boeing faces a crucial test with employees, customers and investors after announcing 10% job cuts and $5 billion in charges as a crippling machinists strike enters a fifth week.
Read More Boeing fine-tunes job cuts as major buyer slams 777X jet delayUS plan to break up Google’s search dominance threatens profit engine, AI growth
The U.S. Department of Justice’s proposed remedies to break up Google’s search dominance could weaken its main profit engine and stall its advances in AI.
Read More US plan to break up Google’s search dominance threatens profit engine, AI growthFederal Reserve Meets, Decides To Cut Interest Rates Before 2024 Election
At their meeting on Wednesday, the Federal Reserve cut its benchmark interest rate by a half percentage point, satisfying investors who had been expecting a strong move given the weakening employment picture.
Read More Federal Reserve Meets, Decides To Cut Interest Rates Before 2024 Election
