As Trading Frenzies Grip Penny Stocks, Criticism of Nasdaq Grows Bit Brother, a tiny Chinese cryptocurrency company, reached nearly 30% of U.S. stock-market volume late last year.
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Gold price (XAU/USD) attracts some dip-buying during the Asian session on Friday and remains within the striking distance of a nearly two-week high touched the previous day.
Parade of Fed Officials Discuss Outlook for Interest-Rate Cuts By James Christie Good day. Federal Reserve Vice Chair Philip Jefferson said on Thursday he expects the central bank will be able.
Chip giant Nvidia's uncanny ability to beat even a sky-high bar of earnings expectations and its claim of a "tipping point" in generative artificial intelligence has catapulted stocks in Japan, Europe to record highs and Wall St looks set to follow. Shares in the AI darling soared 12% premarket after it forecast a threefold surge in quarterly revenue that handily beat estimates and sent chip stocks surging around the planet. Nvidia said it expects an eye-popping first-quarter revenue growth of 233%, way ahead of even Wall Street's lofty expectations of 208% growth, and after it raked in some $22 billion of revenue in the quarter just passed.