WallSt Focus
Total 474 Posts
Stock Market Today: Dow Eyes Rebound Amid Longest Losing Streak Since 1978
The Dow Jones Industrial Average (DJI) gained some traction back on Wednesday, rising about 0.5% in early afternoon trading as it attempts to snap a nine-session losing streak — the longest since 1978.
Stock Market Today: Stocks Bounce Back After Fed-Driven Sell-Off
U.S. stocks rebounded on Thursday, recovering from the steep losses triggered by a hawkish Federal Reserve outlook the day before.
Microsoft Is Betting Big on NVIDIA GPUs — But Will Custom Chips Save Its AI Ambitions?
Microsoft has secured nearly half a million Nvidia GPUs in 2024 alone, surpassing rivals Google, Amazon, and Meta given its urgency in scaling its AI infrastructure amid fierce competition.
Honeywell’s Future Hangs In The Balance: Elliott’s $5 Billion Push For A Breakup
Honeywell International is now at the center of a heated debate following activist investor, Elliott Investment Management’s call for a major strategic overhaul.
Honda & Nissan Eye Historic Merger Amid Foxconn’s Surprise Move – What You Need to Know!
The automotive world is abuzz with news of a potential landmark merger between Honda and Nissan, signaling what could be one of the biggest shake-ups in Japan’s auto industry.
TikTok Ban in the Balance: Supreme Court to Hear ByteDance’s Appeal
The ongoing legal battle over the potential U.S. ban of TikTok took a turn this week as the Supreme Court agreed to hear a case challenging a law that could force ByteDance, TikTok’s China-based parent company, to sell the popular app by January 19 or face a nationwide ban.
Wholesale Inflation Surges to 3%, Complicating Fed’s Rate Cut Outlook
Wholesale prices surged more than anticipated in November, with the Producer Price Index (PPI) rising 3% year-over-year, according to the Bureau of Labor Statistics (BLS).