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The Latest Breaking News on Business

‘We excel at every phase of AI’: Nvidia CEO quells Wall Street fears of AI bubble amid market selloff

Jensen Huang opens earnings call with attempt to dispel concerns after his $5tn firm beat Wall Street expectations

The Guardian - US

AI’s power and water consumption is worrying the agriculture sector: ‘Don’t forget that it is also required for us to grow food’

“Don't forget the humans in the equation," warned Gerard Lim, CEO of vertical farm startup Agroz at the Fortune Innovation Forum.

Fortune

Target announces billion-dollar plans to revamp stores and app as profits continue to slide

Target executives say the extra spending is needed after 12 straight quarters of weak or declining sales

The Independent UK

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Democrat Lawmaker Teresa Leger Fernandez Says Teachers Have More Work Ethic 'In Their Pinky Finger' Than Elon Musk Amid Trillion Dollar Package Row

Rep. Teresa Leger Fernandez (D-NM) has slammed Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk amid criticism of the latter's trillion-dollar CEO compensation package, which received approval from Tesla shareholders earlier this month.

Benzinga

Michael Saylor Says Strategy Will Continue To Create Shareholder Value As Long As Bitcoin Grows By This Much Annually

Michael Saylor, Executive Chairman of Strategy Inc. (NASDAQ:MSTR), defended his company’s business model on Wednesday, asserting that it can withstand Bitcoin’s (CRYPTO: BTC) fluctuations and continue to provide value to shareholders.

Benzinga

Nvidia shares rise after quarterly earnings, calming bubble anxiety

Nvidia reported stronger than expected quarterly earnings, soothing worries that AI-driven stock prices may have shot too high.

Euronews

Jim Cramer Says He Likes Bitcoin, But Isn't Fond Of The 'Cabal' Trying To Keep BTC Above $90,000

Jim Cramer, market commentator and popular media personality, expressed concerns on Wednesday that a “cabal” is attempting to keep Bitcoin (CRYPTO: BTC) above $90,000, while also criticizing derivatives.

Benzinga

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Oura sues Samsung, Amazfit, as it demands royalty payments from its remaining smart ring rivals

Oura filed lawsuits against Samsung, Zepp Health, Reebok, and Noise in East Texas this week, over common smart ring features that Oura has patented.

Android Central

What Sparked PACS Group Stock Jumped Over 45% In After-Hours Trading?

PACS Group Inc. (NYSE:PACS) shares jumped 45.48% in after-hours trading Wednesday, closing at $24.48, after the company released its third-quarter results and completed financial restatements.

Benzinga

Ransomware attack hits LG battery subsidiary

Akira claims LG Energy Solution breach, and says it stole 1.7TB of sensitive data.

TechRadar

Dollar Rallies as December Fed Rate Cut Expectations Fade

The dollar index (DXY00 ) on Wednesday rose by +0.65% and posted a 2-week high. The dollar rallied on Wednesday after the Bureau of Labor Statistics (BLS) canceled the publication of the Oct employment report, which removes key data before next month's FOMC meeting and lowers the chances of a...

Barchart

Clio Completes $1B vLex Acquisition, Secures $500M At $5B Valuation In Largest Legal Tech Deal

Legal technology company Clio announced on Nov. 10 that it has closed what it calls one of the industry’s most significant and largest transactions to date. The firm closed its $1 billion purchase of vLex while raising $500 million in a Series G round that valued the company at $5…

Benzinga

Trump Promises New Stimulus Checks — Could SPY, AAPL, NVDA And TSLA Be Big Winners Again?

Millions of Americans could be getting stimulus checks of $2,000 or more, according to President Donald Trump. While the new stimulus checks are not official, they could serve as relief for higher prices and macroeconomic uncertainty and also serve as future stock investments by some consumers.

Benzinga

Labor Department won't release full October jobs report, a casualty of the 43-day federal shutdown

The Labor Department said Wednesday that it will not be releasing a full jobs report for October because the 43-day federal government shutdown meant it couldn’t calculate the unemployment rate and some other key numbers

The Independent UK

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TechRadar

VMware confirms its spec guidance on storage servers was rather inaccurate

Synthetic data meant VMware’s guidance was totally off the mark – new telemetry changes all of that.

GOBankingRates

‘Survival Debt’ Is on the Rise: 3 Smart Ways To Stay Afloat

Rising costs have many Americans relying on debt to survive. Discover practical tips to cut expenses, save more and build lasting financial stability.

Barchart

Constellation Brands Stock Outlook: Is Wall Street Bullish or Bearish?

Despite Constellation Brands’ significant underperformance relative to the broader market over the past year, Wall Street analysts maintain a moderately optimistic outlook about the stock’s prospects.

Barchart

Netflix Stock Is Now More Accessible After a 10-for-1 Split, But Is NFLX a Buy?

Netflix’s earnings growth rate could accelerate in the coming quarters. Its paid membership base continues to expand, and advertising revenue is gaining traction.

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news in one place.

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Barchart

Are Wall Street Analysts Predicting J.B. Hunt Transport Services Stock Will Climb or Sink?

Although J.B. Hunt Transport Services has considerably underperformed the broader market over the past 52 weeks, Wall Street analysts maintain a moderately optimistic outlook about the stock’s prospects.

The Independent UK

U.S. trade deficit drops 24% in August as Trump's tariffs reduce imports

The U.S. trade deficit fell by nearly 24% in August as President Donald Trump’s sweeping global tariffs pushed imports lower

The Independent UK

Restaurant chain files for bankruptcy and blames the rising cost of food and workers for its financial woes

The chain has listed itself as having over $27 million in liabilities as it battles to keep its stores across six states afloat

The Guardian - US

‘No contract, no coffee’: what to know about the Starbucks workers’ strike in 65 US cities

More than 2,000 Starbucks employees are on the picket line as politicians like Zohran Mamdani back striking workers

Benzinga

Dycom's Billion-Dollar Buy Signals Huge Push Into Data-Center Growth

Dycom Industries, Inc. (NYSE:DY) shares surged after the company posted record third-quarter results, raised its outlook, and disclosed a major acquisition.

Barchart

Revvity Stock Outlook: Is Wall Street Bullish or Bearish?

Revvity has notably underperformed the broader market over the past year, but analysts are moderately optimistic about the stock’s prospects.

Barchart

Are Wall Street Analysts Predicting Eastman Chemical Stock Will Climb or Sink?

Eastman Chemical has considerably underperformed the broader market over the past year, but analysts are moderately optimistic about the stock’s prospects.

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