Market News Nvidia ( NASDAQ:NVDA) has repeatedly proven wrong those who doubted its continued growth over the past few years. However, concerns such as a potential U.S.-China trade conflict, challenges in the rollout of its Blackwell chips, and a slowdown in AI capital expenditures by megascalers have contributed to the stock’s sideways movement over the

By Arsheeya Bajwa (Reuters) -Videogame publisher Electronic Arts on Wednesday cut its forecast for annual bookings, citing weakness in its established soccer franchise, sparking concerns over a slowdown in the key sports division and sending shares tumbling nearly 11%. Growth in the “Global Football” business sputtered towards the end of the third quarter, after two

AaronP / Bauer-Griffin / Getty Images Seagate Technology shares surged Wednesday as analysts raised their price targets for the stock after the data storage provider’s quarterly results topped estimates. Morgan Stanley called the stock a “top pick,” citing AI-driven demand for data storage. The company said it is ramping up production of its high-capacity hard

When Donald Trump won the presidency in November, many crypto fanatics celebrated, based on his promises to the industry that he would prioritize deregulation and legitimize crypto entrepreneurs. Days before his inauguration, industry heavyweights gathered in Washington for the Crypto Ball, celebrating their newly minted status as D.C. insiders.  But during the event, Trump shocked

DUBAI, United Arab Emirates (AP) — Yemen’s Houthi rebels said Wednesday they released the crew of the Galaxy Leader , a vehicle carrier seized in November 2023 at the start of their attacks on shipping in the Red Sea corridor over the Israel-Hamas war. The move by the Iranian-backed Houthis marks their latest effort to

Rubber is meeting the road in President Trump’s first week back at the White House. The administration warned federal workers in roles related to diversity, equity and inclusion (DEI) that they would be placed on paid leave in less than 24 hours. And it ordered the Pentagon to send 1,500 additional troops to the southern

There’s a disgusting odor brewing in Brooklyn, and it’s so rare that locals are eager to catch a whiff. A flower at the Brooklyn Botanic Garden that emits a noxious smell when it blooms every two to 10 years is expected to pop this week, according to the garden’s staff. The corpse flower, which is

CNN  —  More than 32,000 people have fled to towns in northeast Colombia as they attempt to escape a sharp rise in fighting between militant factions, according to the country’s ombudsman. Iris Marín said the violence escalated last week in the Catatumbo region, displacing tens of thousands of people. Hundreds more remain confined to their