Business

FILE PHOTO: Presidential candidate Masoud Pezeshkian shows the victory sign during a campaign event in Tehran, Iran June 23, 2024.Majid Asgaripour | Via ReutersIran elected Masoud Pezeshkian to its presidency,…

Justin Sullivan/Getty ImagesNvidia stock was downgraded to 'Neutral' by NewStreet Research on valuation concerns.Analyst Pierre Ferragu cited limited upside in the shares after a 157% year-to-date rally."We would be buyers…

In this May 22, 2020, file photo, a car drives past the Federal Reserve building in Washington.Patrick Semansky/AP PhotoRecent data sets the Fed up to cut interest rates twice this…

Chip company Advanced Micro Devices (NASDAQ: AMD) has been relegated to second fiddle to Nvidia (NASDAQ: NVDA) in the artificial intelligence (AI) craze. The stock's 40% returns over the past…

Bitcoin ETF - CoinsSpot bitcoin ETFs fell well into negative territory in early Friday trading as the price of their underlying asset plunged to its lowest levels since February.The BlackRock…

A low stock price isn't always bad -- it's like a clearance sale at your favorite store.Just because a stock is cheap doesn't mean it's a dud. Sometimes, the company…

Jakub Porzycki / NurPhoto via Getty ImagesKey TakeawaysThe S&P 500 added 0.5% on Friday, June 5, 2024, after the latest jobs report showed signs of a cooling labor market, boosting…

In April, U.S. Commerce Secretary Gina Raimondo took the stage in the Belgian city of Leuven with a warning: “About 60% of all new ‘legacy chips’ coming into the market…

Nvidia (NASDAQ: NVDA) has played a pioneering role in the proliferation of artificial intelligence (AI) technology with the help of its graphics processing units (GPUs), which are being deployed in…

By Suzanne McGee(Reuters) - Shares of headphone maker Koss Corp. (KOSS) soared for the second session in a row on Friday, closing at $13.35 a share, after trading as high…

Elon Musk attends 'Exploring the New Frontiers of Innovation: Mark Read in Conversation with Elon Musk' session during the Cannes Lions International Festival Of Creativity 2024 - Day Three on…

In today's economy, understanding where your income places you on the socioeconomic ladder is crucial. The lines between income classes can seem blurred, but recent data clarifies income distribution in…