Caution prevails with a Federal Reserve Interest rate decision and earnings from several tech giants in focus.
Brinker International Stock Hits All-Time High on Booming Sales at Chili's
Brinker International exceeded earnings and revenue forecasts and raised its outlook on soaring sales at its Chili's restaurants.
Stock market today: Wall Street drifts ahead of the Fed's rate decision and Big Tech reports
U.S. stock indexes are drifting on Wednesday, ahead of the Federal Reserve’s upcoming decision on interest rates and after two days of disruption driven by doubts about the artificial-intelligence boom. The S&P 500 was down 0.2% in morning trading on a packed day, which will also include earnings reports from influential companies like Microsoft, Meta Platforms and Tesla after trading closes. Nvidia has been at the center of Wall Street’s action this week after a Chinese upstart, DeepSeek, said it developed a large-language model that can compete with the world’s best without having to use Nvidia’s top chips.
LVMH Stock Drops as Results Raise Questions on Luxury Turnaround
Luxury giant LVMH eked a small gain in 2024 sales, underwhelming investors following buoyant results from rivals that signalled a turnaround for the sector
Analyst posts ‘outperform’ rating for Bitcoin miner Bitdeer, sets $26.50 price target
Investment bank Keefe, Bruyette & Woods (KBW) has given Bitcoin miner Bitdeer (BTDR) an "outperform" rating with a $26.50 price target.
How AI Agents and Crypto Will Revolutionize Commerce
The synergy between AI and decentralized protocols will be central to the transformation of commerce, argues the founder of infrastructure firm Boson Protocol.
Apple, Nvidia losses keep S&P 500, Nasdaq flat as Fed's rate verdict looms
The S&P 500 and the Nasdaq treaded water on Wednesday, as losses in tech heavyweights Apple and Nvidia limited broader gains and investor focus turned to the U.S. Federal Reserve's interest-rate decision, expected later in the day. Markets widely expect the central bank to hold its lending rate steady in its decision, due at 2 p.m. ET.
Mark Cuban slams crypto industry leader for 'huge mistake'
Even as a crypto investor and advocate, he doesn't support this proposed change
Czech Central Bank Governor to Propose Adding Bitcoin to Reserves: FT
The governor will present a BTC investment plan to the board Thursday, according to an interview published by the Financial Times.
Trump Media Starts New Fintech Platform Truth.Fi Focusing on Crypto, ETFs
Truth.Fi is the latest endeavor of Donald Trump-affiliated companies into the digital asset space after World Liberty Financial and launching an "official" memecoin.