Why Nike Stock Fell Again Today
Despite posting Q2 sales and earnings that beat Wall Street's expectations, Foot Locker delivered some bad news for Nike today.
Russia stocks lower at close of trade; MOEX Russia down 1.05%
Investing.com – Russia stocks were lower after the close on Wednesday, as losses in the Mining, Oil&Gas and Telecoms sectors led shares lower.
Here's Why a Handful of Pharmaceutical Stocks Rose Wednesday
Shares of Gilead Sciences, Bristol-Myers Squibb, and Vertex Pharmaceuticals got a boost from clinical trial results and regulatory decisions.
US Fed sets large bank capital levels after stress tests, eases on Goldman's level
The U.S. Federal Reserve announced on Wednesday it had set the latest capital cushions for large banks following June's annual stress tests, but agreed to shrink Goldman Sachs' burden. The new levels, effective Oct. 1, largely mirror the ones the Fed first identified as part of the annual health check of large banks. The central bank, however, added in its statement that it had lowered the extra capital level required of Goldman Sachs, after the firm asked the central bank to reconsider its finding.
Nvidia's earnings beat Wall Street's estimates as AI momentum continues
Nvidia's second-quarter earnings beat Wall Street analysts' expectations, with total sales and revenue from data centers coming in ahead of estimates amid strong demand for AI chips.
Bitcoin Layer-2 Network Stacks Begins Nakamoto Upgrade
Nakamoto could boost transaction speeds on Stacks and open the door for smart contracts using Bitcoin as a base layer.
Nvidia's Earnings Top Expectations, But Growth Slows, Weighing on Its Stock
Nvidia reported second-quarter earnings and revenue that beat analysts' estimates, though the pace of its growth slowed. Shares fell in extended trading Wednesday following the release.