Oracle shares sink after annual filing reveals 13% workforce cuts
Oracle’s stock fell on Monday after the company disclosed that it cut about 21,000 jobs, or 13% of its workforce, in fiscal 2026 as part of a broader restructuring tied…
Fervo Energy stock jumps on Nvidia AI partnership despite wider-than-expected loss
Shares of Fervo Energy FRVO surged on Monday as investors looked past a wider-than-expected quarterly loss and instead focused on the geothermal company’s new artificial intelligence partnership with Nvidia. The…
Bank of America names Nvidia, Meta and three others top tech stocks for H2
Bank of America has identified a fresh set of technology stocks that it believes are well-positioned heading into the second half of the year, with artificial intelligence and enterprise software…
Top 3 catalysts for the S&P 500 Index this week
The S&P 500 Index remained under pressure last week after the Federal Reserve delivered a highly hawkish interest rate decision. It also wavered as investors reacted to the new ceasefire…
Why a hawkish Fed isn’t scaring Wall Street
US stocks are showing surprising resilience as Wall Street increasingly abandons expectations for near-term Federal Reserve rate cuts. Several major financial institutions have recently pushed back their forecasts for monetary…