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    Wall St Week Ahead: Broadening US market rally gets boost from dovish Fed
    Investors in the coming week will be watching Friday's personal consumption expenditures price index that will offer the latest read on inflation. The end of the first quarter also could prompt volatility as fund managers adjust their portfolios.
    Fundamental Radar: What makes Delhivery a worthy bet in the logistics space? Amit Agarwal explains
    Online fashion retailer Meesho’s recent decision to give more traffic to its captive arm potentially suggests its endeavor to hedge against pricing moves by its vendors.
    Wall Street ends higher as Fed keeps three rate cuts on the horizon
    The Fed's policy statement described inflation as remaining "elevated," and it raised economic projections for economic growth and lowered its projection for the unemployment rate from estimates it provided in December.
    Nvidia eases as investors look out for details on new AI chip
    Nvidia shares dipped on Tuesday after having more than tripled in value in the past year, as investors awaited more details on the company's latest AI chip that is expected to further cement its lead in the industry.
    Oracle surges over 13% to record high as AI demand helps reignite cloud business momentum
    ​Oracle soared more than 13% to reach a record high on Tuesday, on signs the company was making progress in its plan to grab a share of the cloud-computing market thanks to its tie-up with AI chip giant Nvidia.
    Ahead of Market: 10 things that will decide D-Street action on Tuesday
    Nifty on Monday fell 161 points to form a bearish Engulfing pattern on the daily charts to hint at short-term top reversal for the market. The short-term trend of Nifty seems to have turned down and the next lower levels to be watched are around 22,100-22,050 levels.
    • Nvidia on cusp of overtaking Apple as second-most-valuable company
      Nvidia's market capitalization currently hovers around $2.38 trillion, lagging Apple by just about $230 billion and Microsoft by about $645 billion. Nvidia, which is up 95%, and Meta Platforms, which is up 46.6% so far this year, have also outperformed shares of other members of the so-called Magnificient 7, highlighting investors' insatiable appetite for everything AI.
      Nvidia looks primed for a stock split after $1 trillion rally
      Nvidia last announced a four-for-one stock split in May 2021, when it was trading at about $600 per share. Today, the stock is nearing the $1,000 level, extending last year’s 240% surge.
      Snowflake shares sink 21% on weak forecast, surprise CEO retirement
      Snowflake expects product revenue of $3.25 billion in fiscal year 2025, and between $745 million and $750 million for the quarter ending April, both below Wall Street expectations.
      Nvidia adds record $277 billion in stock market value
      Nvidia added $277 billion in stock market value on Thursday, Wall Street's largest one-day gain in history after the heavyweight chipmaker's quarterly report beat expectations and reignited a rally fueled by optimism about artificial intelligence.
      US stocks inches up ahead of inflation test
      The S&P 500 opened higher by 4.20 points, or 0.08%, at 5,093.00, while the Nasdaq Composite gained 17.63 points, or 0.11%, to 16,014.45 at the opening bell.
      Invincible Season 2 Episode 5 release date: When and where to watch final episode before midseason break?
      Invincible Season 2 Episode 5 release date on Prime Video is out as fans won't have to wait longer.
      Nvidia vaults to world's fourth-biggest company by market cap on AI optimism
      Chipmaker Nvidia Corp has become the world's fourth largest company by market capitalisation, after a 16.4% surge on Thursday when a quarterly earnings report surpassed analysts' expectations.
      Nvidia stock surges after results, lifts other AI shares
      Nvidia added over $129 billion in stock market value late on Wednesday after the chipmaker's hotly anticipated quarterly report beat estimates and sparked gains in other AI hardware stocks.
      S&P 500, Dow close slightly up; Nvidia gains after the bell
      The S&P 500 and Dow Jones industrials eked out small gains on Wednesday, while the Nasdaq closed lower for a third straight session as investors awaited the release of Nvidia's earnings that could determine near-term momentum for equities.
      Jeff Bezos wraps up 50 million Amazon stock sale netting $8.5 billion
      The latest transaction, which brings his cash out total to $8.5 billion, took place over three trading days ending Tuesday, according to a regulatory filing. Before his selling spree, the world's third-richest person hadn't disposed of company stock since 2021.
      US stocks retreat ahead of AI-darling Nvidia's results, Fed minutes
      Nvidia shed 1.2% after a more than 4% decline in the prior session ahead of the semiconductor firm's quarterly earnings, expected after markets close on Wednesday. Five of the 11 major S&P sectors eased in early trading, with rate-sensitive technology stocks down 1%.
      BofA’s Hartnett says US tech in a bubble that’s waiting to pop
      The appetite for tech stocks has been relentless this year, with an index of Magnificent Seven notching additional almost 12% so far in 2024. And the latest fund flow data shows global investors are adding to their bets.
      Amazon steers consumers to higher-priced items, lawsuit claims
      According to a complaint filed on Thursday in federal court in Seattle, Amazon's algorithm for choosing what to display in its "Buy Box" when shoppers search for products often obscures lower-priced options with faster delivery times.
      Nasdaq ends higher as yields fall, Boeing curbs gains on Dow
      Megacaps advanced, lifting stocks such as Amazon.com which closed up 2.66% and Alphabet, which rose 2.29%, as Treasury yields fell ahead of readings on inflation and a new supply of government debt this week, with the benchmark 10-year U.S. Treasury yield hitting a low of 3.966% on the session.
      Joe Biden signs sweeping executive order regulating artificial intelligence
      The lengthy executive order, released on Monday, sets new standards on security and privacy protections for AI, with far-reaching impacts on companies. Developers such as Microsoft Corp., Amazon.com Inc and Alphabet Inc’s Google will be directed to put powerful AI models through safety tests and submit results to the government before their public release.
      Joe Biden to sign executive order regulating Federal AI use
      The 111-page draft copy, dated October 23, leverages the government’s position as a top customer for tech companies such as Microsoft Corp and Amazon.com to drive changes in their AI products, by requiring developers of powerful AI systems to report their training and testing processes to the federal government.
      US stock market: Wall Street ends lower as Oracle tumbles on weak forecast
      Oracle shares dived to their lowest since June after the cloud-services provider forecast current-quarter revenue below targets and narrowly missed first-quarter expectations.
      A new frontier for travel scammers: AI-generated guidebooks
      Shoddy travel guidebooks compiled with the help of generative artificial intelligence, self-published and bolstered by sham reviews, are proliferating on Amazon. The books are produced with a mix of modern tools: AI apps that can produce text, websites with endless stock photos and graphics, self-publishing platforms with few guardrails against the use of AI, and the ability to solicit and post phony online reviews.
      Spotify raises prices for its premium plans across several countries
      Spotify has moved in recent months to boost margins with hundreds of layoffs and a restructuring of the podcast unit, which it had built up with billions of dollars in investment.
      Amazon duped 'millions of consumers' into enrolling in Prime - FTC
      The FTC said it filed suit in U.S. District Court in Seattle charging "Amazon has knowingly duped millions of consumers into unknowingly enrolling in Amazon Prime." The FTC said Amazon used "manipulative, coercive, or deceptive user-interface designs known as 'dark patterns' to trick consumers into enrolling in automatically-renewing Prime subscriptions."
      Amazon.com's Ring mishandled customers videos and will pay $5.8 million fine
      As part of the FTC agreement with Ring, which is good for 20 years, Ring is required to disclose to customers how much access to their data the company and its contractors have.
      Microsoft’s earnings surge to add record $151 billion in value
      The Windows software maker rose as much as 8% Wednesday after reporting strong quarterly results as corporate cloud-computing demand remained resilient. If the gains hold, the company will add $151 billion in market value, the most in the company’s history, according to data compiled by Bloomberg.
      Apple’s $191 billion single-day surge sets stock-market record
      The world’s most valuable company added $190.9 billion in market value, the most ever by a US-listed company, as softer-than-expected inflation data buoyed equity markets across the board. The jump eclipsed Amazon.com Inc.’s $190.8 billion gain in February, according to data compiled by Bloomberg.
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