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The Latest Breaking News on Business

Are Wall Street Analysts Predicting Universal Health Stock Will Climb or Sink?

Universal Health has outperformed the broader market over the past year, and Wall Street analysts maintain a steadily positive outlook on the company’s forward prospects.

Barchart

Nvidia's $57 Billion Quarter Sends A Message: The AI Race Is Now A One-Horse Race

Nvidia Corp. (NASDAQ:NVDA) delivered a blowout third-quarter earnings report after the bell on Wednesday, sharply beating Wall Street expectations and issuing bullish guidance that reaffirmed its dominance in the AI hardware space.

Benzinga

Dell's AI Infrastructure Upgrade 'Project Maverick' Faces Delays Amid Scalability Concerns: Report

Dell Technologies (NYSE:DELL) has reportedly postponed the launch of its ambitious AI infrastructure upgrade project, “Project Maverick,” due to unforeseen challenges, according to a report.

Benzinga

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The Latest: Belated jobs report likely shows sluggish hiring

During the 43-day U.S. government shutdown, investors, businesses, policymakers and the Federal Reserve were groping in the dark for clues about the health of the American job market

The Independent UK

Warren Buffett Might Hate Bitcoin, But Japan Investments Could be Indirectly Linked to Ripple XRP

Berkshire Hathaway's stake in Sumitomo and SBI Holdings suggests indirect ties to Ripple XRP. Experts see potential in Japan's blockchain adoption for institutional settlement.

International Business Times

Do Wall Street Analysts Like Ulta Beauty Stock?

Despite Ulta Beauty’s strong performance relative to the broader market over the past year, Wall Street analysts remain cautiously optimistic about the stock’s prospects.

Barchart

Cincinnati Financial Stock Outlook: Is Wall Street Bullish or Bearish?

Although Cincinnati Financial has lagged behind the SPX over the past year, Wall Street analysts maintain a moderately optimistic outlook about the stock’s prospects.

Barchart

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Nvidia Gives 'No Assurance' On $100 Billion OpenAI Pact, But CEO Jensen Huang Calls Startup 'Once-In-A-Generation'

In its latest financial earnings report, chipmaker Nvidia Corp. (NASDAQ:NVDA) highlighted the uncertainty surrounding its $100 billion letter of intent with OpenAI.

Benzinga

Jeffrey Gundlach Warns Of Speculative US Markets, Call Gold 'Real Asset'

Jeffrey Gundlach, the CEO and founder of DoubleLine Capital, cautioned on Monday that the U.S. equity market is “among the least healthy” he has ever seen in his career.

Benzinga

MLB strikes new three-year media deals with ESPN, NBC and Netflix

The deal finally brings some of MLB's local games to a streaming service.

Axios

‘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

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

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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.

Euronews

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.

Benzinga

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.

Android Central

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.

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Benzinga

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.

TechRadar

Ransomware attack hits LG battery subsidiary

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

Barchart

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...

Benzinga

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.

The Independent UK

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

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.

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