Nvidia is starting to act like its own asset class
Shares of Nvidia Corp. are growing increasingly disconnected from the average stock in the S&P 500, prompting one analyst to quip that the chip designer...
Charter’s stock is down 20% this year — but Citi sees new reason to sell
Citi just downgraded Charter’s stock, warning that estimates could be too high.
Hedge fund selling of tech stocks has limited potential for crash, JPMorgan says
Hedge funds in June sold off tech stocks at their fastest rate on record. This sell-off has limited the potential for a crash, JPMorgan said.
ADP says 150,000 private-sector jobs created in June, smallest gain in five months
U.S. businesses add a modest 150,000 new jobs in June, paycheck company ADP said, to mark the smallest increase in five months, possibly another sign...
Jobless claims — aka layoffs — rise to 238,000 and stay near one-year high
Three states, New York, New Jersey and California, accounted for most of the increase
U.S. trade deficit jumps in May to highest level in 19 months
Gap widens 0.8% to $75.1 billion
United Airlines is texting travelers live weather maps to explain flight delays
Even when it's bright and sunny, a thunderstorm hundreds of miles away can still disrupt flights.
Private payrolls grew by just 150,000 in June, less than expected
Companies added 150,000 jobs for the month, below the upwardly revised 157,000 in May and the Dow Jones consensus estimate for 160,000.
Oil prices steady after industry data shows large drop in U.S. crude inventories
Oil futures were trading near unchanged early Wednesday after giving back earlier gains sparked by industry data showing a large drop in U.S. crude inventories.