The S&P 500 remained virtually unchanged as U.S. bond yields surged to their highest levels since late November, suggesting investor optimism about the prospects for Federal Reserve interest rate cuts is dwindling.
Alphabet (GOOGL), the parent of Google, released its answer to Nvidia (NVDA) on Tuesday with an Arm-based type of central processing unit (CPU) meant to carry artificial intelligence (AI) workloads in data centers.
S&P 500 duly rallied on unemployment claims above expectations (soft landing), yet much uncertainty did strike since, and it was one-way down till the close.
Individual investors are leaning into triple-leveraged ETFs more aggressively in recent weeks, as indexes smash records and meme stocks make a comeback.
AMC Entertainment (AMC) stock is at it again. The heavily indebted cinema chain and once-loved meme stock is heading to the market to sell another $250 million worth of shares in order to pay down its strangling debt load obtained during the heights of the covid pandemic.