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Nvidia Reversal Is A Wake-Up Call For Market Rally – Investor's Business Daily

Dow Jones futures will begin trading on Sunday night, along with S&P 500 futures and Nasdaq futures. X Last week’s stock market gains generally receded. The S&P 500 and Nasdaq both hit new highs on Friday before falling during the off-market day. Nvidia (NVDA) was the clear culprit on Friday, staging a bearish reversal after […]

Trump raises concerns about TikTok ban as Facebook will ‘double their business’

Presidential candidate Donald Trump worries about banning TikTok ahead of next week’s House vote to give TikTok owner ByteDance about six months to sell the popular short video app. expressed. The former Republican president, who is seeking a return to the White House, wrote late Thursday on social media site Truth Social, “If you eliminate […]

Market Hits High; Nvidia Hasn't Done This In 20 Years – Investor's Business Daily

Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures, as the February jobs report loomed on Friday. X Stock market gains led to strong trading, with the S&P 500 and Nasdaq hitting new highs on Thursday. Nvidia (NVDA) soared again, the widest in decades. The chips are generally hot. […]

MongoDB Stock Tumbles After Guidance Comes In Below Expectations – Investor's Business Daily

MongoDB stock plummets late Thursday, even though the database software company reported better-than-expected quarterly profits and sales. The company’s outlook for the current quarter was below consensus. X Mongo DB (MDB) announced January quarter sales of $458 million and adjusted earnings of 86 cents per share.Analysts on average had expected the New York-based company to […]

Chamber, business groups sue CFPB over credit card late fee cap

A group of businesses has sued the Consumer Financial Protection Bureau (CFPB) over a new rule that caps credit card late fees charged by major issuers. The consumer watchdog group finalized a rule Tuesday that would cap late fees at $8, 75 percent lower than the average $32. The CFPB estimates that this rule will […]

NYCB takes more action as CEO works a new business plan

Sheila Baer talks about the New York community bank crisis on “Claman Countdown.” The next CEO will be new york community bank (NYCB) announced Thursday that it is working on a new business plan after the beleaguered bank received a $1 billion lifeline from investors on Wednesday. He also announced a dividend cut for the […]