Finance

Macy’s stock falls after reporting Q3 profit, American Eagle and Marvell surge

Macy’s stock falls after reporting Q3 profit, American Eagle and Marvell surge

The third quarter earnings season is winding down, and only a handful of major companies have yet to report results. So far, the Q3 earnings season has been solid. As of Nov. 21, 95% of S&P 50...

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What to watch this week

What to watch this week

The final month of the year gets underway on Monday, and investors will be looking for a smoother month to round out the year after choppy November trading saw the Nasdaq Composite (^IXIC) snap a ...

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hedge fund exec says investors still don’t get how big AI is

hedge fund exec says investors still don’t get how big AI is

Bridgewater Associates co-CIO Greg JensenBridgewater Associates Greg Jensen said the real AI bubble is still ahead as investors miss its scale. Bridgewater’s co-CIO said AI is enter...

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Gold holds below $4,100 despite rising hopes for rate reduction

Gold holds below $4,100 despite rising hopes for rate reduction

Gold (GC=F) futures opened at $4,069.20 per ounce on Monday, down 0.3% from Friday’s close of $4,079.50. The price of gold has remained below $4,100 since Nov. 19. The near-term interest-rate o...

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India, Europe central banks agree to start initial phase of linking domestic payment systems

India, Europe central banks agree to start initial phase of linking domestic payment systems

(Reuters) ​-‌The central banks ‌of India and the ⁠European ‌Union have agreed ‍to start the initial ​phase of ‌linking domestic payments systems, the ⁠Reserve ​Bank ​of India said on ‍Friday.⁠ (Re...

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AI accounting startup Maxima raises $41 million in Kleiner Perkins-backed round

AI accounting startup Maxima raises $41 million in Kleiner Perkins-backed round

By Aditya Soni (Reuters) –Artificial intelligence startup Maxima has raised about $41 million from investors including Redpoint Ventures and Kleiner Perkins ​as it looks to automate accounti...

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