What Analysts Think of Nvidia Stock Ahead of Earnings
Nvidia is set to report fourth-quarter results after the market closes Wednesday, with analysts widely bullish on the AI chipmaker's stock.
Fed’s Jefferson Says AI Speeds Impact of Policy on Asset Prices
(Bloomberg) -- Federal Reserve Vice Chair Philip Jefferson said artificial intelligence tools may help with the transmission of monetary policy, but cautioned about the limits of the technology.Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump to Halt NY Congestion Pricing by Terminating ApprovalTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’Airbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: Disney’s New York Headquarters
Top Stock Movers Now: UnitedHealth, Rivian, Block, and More
U.S. equities dropped at midday following the latest data on consumer sentiment and a report that UnitedHealth Group is under a federal probe.
Fed's Jefferson says AI is speeding investors' reactions to central bankers' messages
"For now, I do not think artificial intelligence is changing the way policymakers communicate, but research shows that it has affected how quickly information about policy is incorporated into asset prices," Jefferson said in prepared remarks to a conference at the San Francisco Fed that did not touch on his outlook for monetary policy or the U.S. economy. Further research is needed, he said, to determine whether the faster speed is allowing monetary policy to get transmitted faster through the economy, or, as some worry, that it "may provide an incentive for investors to value speed over accuracy, and may reduce the long-run informativeness of asset prices, which could hurt the transmission of monetary policy."
Rivian Automotive Stock Falls as EV Maker's Delivery Estimates Come Up Short
Rivian Automotive shares fell Friday, a day after the company predicted 2025 deliveries below analysts' estimates.
MercadoLibre Stock Sets All-Time High as Q4 Earnings Blow Past Estimates
MercadoLibre shares surged on Friday after the Latin American e-commerce giant's fourth-quarter earnings came in well above expectations.
Bitcoin, Ethereum, and Dogecoin slump amid Bybit’s $1.4 billion security breach
Bybit CEO Ben Zhou confirmed the incident, stating that the exchange’s ETH cold wallet was compromised due to a sophisticated attack.
Costa Rica Makes First Foray Into Crypto with New Bitcoin ETF
It will mark the first time that Costa Ricans will have access to any type of crypto investment product through the country's banking system.
Stock markets may face correction, says Goldman Sachs
Wall Street stocks could be facing a correction because of ructions in the options market, Goldman Sachs specialist Scott Rubner said in a Thursday note seen by Reuters on Friday. Roughly $2.7 trillion of U.S. stock market derivatives are due to expire on Friday, which if not exercised, will put pressure on stock markets and stoke volatility, the note said. S&P 500 and European stock markets hit a record highs on Tuesday but have since declined amid Trump's latest tariff warning on pharmaceuticals, semiconductor chips and wood, which among other threats, has exacerbated fears of a broad trade war and unnerved investors.
Jensen Huang says investors got it wrong over DeepSeek stock selloff that wiped $600B from Nvidia
Nvidia CEO Jensen Huang has addressed a selloff that wiped nearly $600 billion from his company’s market value—and caused his personal wealth to plummet.