The CLARITY Act aims to establish regulatory clarity for crypto but must pass within weeks before the August recess. The CLARITY Act seeks to end regulatory uncertainty for the US crypto industry by formalizing clear rules, potentially reshaping the sector’s domestic footp
US oil companies cautious due to volatile energy prices US oil and gas companies are hesitant to increase oil production despite calls to do so. The huge expense of conducting new exploration and drilling operations is a major factor in this decision. The ongoing ge
Goldman Sachs survey finds behavioral habits drive a 49 percent savings gap among earners with identical incomes. Savers classified as having high Financial Grit accumulate 49 percent more in retirement savings than low-grit peers with the same income. The gap stems from a
Strategists cite attractive valuations and momentum in developed markets outside the U.S. as key drivers of recent gains. International stocks have extended their outperformance over U.S. equities this year, building on 2023’s gains. The Invesco S&P International Developed
A new 5.0 million-share position in GSBD was disclosed, marking a rare bet amid the stock's 13% annual decline. Private Management Group Inc disclosed a $46.19 million stake in Goldman Sachs BDC (GSBD) after purchasing 5,003,354 shares in the first quarter. The position, v
Shopify shares fell sharply after the company guided for slower revenue growth despite reporting 34% year-over-year gains. Shopify Inc. (NASDAQ:SHOP) reported 34% revenue growth in its latest quarter but warned future expansion may slow to the high 20s. The guidance trigge
Arista Networks stock fell sharply despite beating estimates as supply issues limit forecast raises amid strong AI-driven demand. Arista Networks Inc. (NYSE:ANET) plunged 13.6% after reporting earnings that topped estimates but failing to raise its forecast. The decline re
CNBC host Jim Cramer cites Dell as a key AI infrastructure play but admits missing a 100-point gain in the stock. Jim Cramer highlighted Dell Technologies (NYSE:DELL) as a critical player in AI infrastructure, emphasizing its role in manufacturing servers and networking eq
Wall Street revises AMD price targets after the chipmaker reports $1.37 EPS, beating estimates amid AI-driven demand growth. Advanced Micro Devices (AMD) shares have climbed 112.5% year-to-date, with a 123.76% jump from March 31 to May 8, driven by optimism over its AI inf
SOLS shares fell 2% despite beating sales and adjusted earnings estimates as net income lagged and guidance remained unchanged. Solstice Advanced Materials (NASDAQ:SOLS) reported higher-than-expected sales and slightly better adjusted earnings but missed net income consens
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