Your daily review of the biggest winners & losers from the trading day, plus notable market-moving news.
An AI bellwether reported, the dollar hit a 19-month high, and one chip giant’s top job came under analyst scrutiny. Here is what moved and why now.
Inflation ran warmer than hoped, two Fed officials sounded firm, and a closely watched cloud company reports soon. Plus a grocery surprise.
Wall Street shrugged off a big-name tech scare, and a major brokerage is prepping retail investors for a blockbuster debut. Plus CPI hits tomorrow AM.
Hiring numbers blow past forecasts, a anticipated IPO draws skeptics, and a burger chain says no thanks to a suitor. Friday gave Wall Street plenty to chew on.
Chip stocks hit the panic button, and a crypto billionaire goes shopping. Thursday was not for the faint-hearted, or for anyone checking portfolios.
Washington changes hands, the AI buildout faces new roadblocks, and drugmakers eye the fine print. Wall Street, oddly, took the whole thing in stride.