Cerebras Systems raised its full-year guidance in the second earnings report following the chipmaker's initial public offering in May. But the stock tumbled about 14% in extended trading.
The wheat complex is trading with sharp midday gains across the three exchanges. Chicago SRW contracts were 13 ¾ to 22 ½ cents higher across the board on the day. KC HRW futures posted 14 ½ to 21 ¾ cent gains at the clo…
The U.S. budget deficit soared to its highest monthly level in more than five years amid a surge in Medicare costs and as interest on the federal debt continued to weigh on the nation's fiscal picture, the Treasury Depa…
American seniors pay dramatically more for brand-name prescription drugs than patients in 19 comparable countries, and the gap keeps widening each year.
Consumer prices rose in July — a reversal of the pullback in June — but showed inflation broadly moderating, even as energy remained sharply higher than a year ago.
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Also lagging the market Wednesday are apparel stores shares, down on the day by about 1.9% as a group, led down by Savers Value Village, trading lower by about 9.9% and Lulus Fashion Lounge Holdings, trading lower by ab…
The S&P 500 Index ($SPX) (SPY) is up +0.45%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.13%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.00%. September E-mini S&P futures (ESU26) are up +0.99%, and Sept…
And underperforming other ETFs today is the KraneShares CSI China Internet ETF, off about 2.3% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Kanzhun, l…
Less than a year after buying a controlling ownership stake in the NBA's Lakers, Mark Walter has sold his majority equity to Joshua Kushner and Bob Iger, according to a statement.
Having cash in savings gives you security — the ability to handle a surprise car repair, a medical bill, or a sudden job loss without going into debt. But there’s a real cost to keeping too much money in a savings accou…
The dollar index (DXY00) is down -0.08% as expectations for a Fed rate hike eased on today’s favorable CPI report. The dollar was also undercut by today’s -2.1 bp decline in the 10-year T-note yield, which undercut the …
A tax break for Americans selling their primary residence could become part of the Trump administration's midterm pitch. But experts say such an effort is unlikely to happen quickly — and the benefits would skew to weal…
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Ship traffic through the Strait of Hormuz is near a three-month low as doubt grows that the U.S. and Iran will reach an agreement to fully open the key Middle East oil export corridor.
China's homegrown C919 passenger jet departed on its first scheduled international commercial flight Wednesday, marking a milestone in Beijing's push to develop an alternative to Boeing and Airbus.
The New York City Council is investigating marketing practices by prediction market platforms, the office of Council Speaker Julie Menin said on Wednesday.
World oil demand is set to fall further than previously expected this year, the International Energy Agency said Wednesday, as the impact of the closure of the Strait of Hormuz deepens.
A T. Rowe Price fund manager thinks the hyperscalers can comfortably fund their investment spending, and moreover, derive high returns on that invested capital with a short payback schedule.