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Wall St futures subdued as Nvidia results, inflation take center stage

Wall St futures subdued as Nvidia results, inflation take center stage

By Purvi Agarwal Aug 26 (Reuters) - U.S. stock index futures were little changed on Wednesday as investors stayed on the sidelines ahead of AI bellwether Nvidia's earnings and a closely watched inflation report that could influence interest-rate expectations.
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Salesforce Integrates Slack Code Channels to Enhance Developer Collaboration

Salesforce Integrates Slack Code Channels to Enhance Developer Collaboration

Salesforce Integrates Slack Code Channels to Enhance Developer Collaboration
TheStreet TheStreet
The best AI stocks to buy now — and one to avoid

The best AI stocks to buy now — and one to avoid

CFRA Senior Vice President and Equity Analyst Angelo Zino breaks down where he sees opportunity in AI and what could derail the trade.
TheStreet TheStreet
JPMorgan sends stark warning on AI stocks, cites dotcom worries

JPMorgan sends stark warning on AI stocks, cites dotcom worries

A JPMorgan strategist sees a split in the AI trade that looks a lot like the market right before the dot-com crash.
Reuters Reuters
US stock futures subdued in run-up to Nvidia results, inflation print

US stock futures subdued in run-up to Nvidia results, inflation print

Aug 26 (Reuters) - U.S. stock index futures were little changed on Wednesday as investors stayed cautious ahead of AI bellwether Nvidia's earnings and a closely watched inflation report that could influence interest-rate expectations.
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China's MiniMax sees revenue nearly quadruple in first half as AI demand surges

China's MiniMax sees revenue nearly quadruple in first half as AI demand surges

Aug 26 (Reuters) - Chinese AI startup MiniMax on Wednesday posted a nearly four-fold jump in first-half revenue as demand for its low-cost models and AI platform accelerated, with the company continuing to target cheaper ways to deploy AI at scale.
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Dick's Sporting cuts forecasts as weak sneaker demand trips Foot Locker, shares plunge

Dick's Sporting cuts forecasts as weak sneaker demand trips Foot Locker, shares plunge

By Angela Christy M Aug 25 (Reuters) - Dick's Sporting Goods cut its full-year forecasts and signaled that bloated inventory and heavy discounting in the legacy footwear market were weighing on its recently acquired Foot Locker business.
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Kohl's misses sales estimates on cautious discretionary spending

Kohl's misses sales estimates on cautious discretionary spending

Aug 26 (Reuters) - Kohl's missed Wall Street estimates for second-quarter sales on Wednesday, as muted consumer spending on discretionary items offset gains from the department chain's turnaround push, sending its shares down about 5% before the bell.
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World stocks gain as oil slips on Hormuz hopes ahead of Nvidia results

World stocks gain as oil slips on Hormuz hopes ahead of Nvidia results

By Ankur Banerjee and Johann M Cherian Aug 26 (Reuters) - Global stocks edged up on Wednesday as falling oil prices pushed bond yields lower on hopes that the vital Strait of Hormuz could soon reopen, while investors awaited another pivotal earnings report from AI heavyweight Nvidia.
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World stocks inch up as oil drops on Hormuz hopes ahead of data, Nvidia results

World stocks inch up as oil drops on Hormuz hopes ahead of data, Nvidia results

By Johann M Cherian and Ankur Banerjee Aug 26 (Reuters) - Global stocks edged up and weaker oil prices pushed bond yields lower on Wednesday on hopes that the vital Strait of Hormuz could soon reopen, while investors awaited U.S. inflation data and another pivotal earnings report from AI heavyweight
TheStreet TheStreet
Nvidia customers face 15% AI price shock

Nvidia customers face 15% AI price shock

A 15% Nvidia price hike could ripple through the AI economy
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Broadcom and Marvell Technology Emerge as Key Players in Custom AI Chip Market Amidst Growing Demand from Hyperscalers

Broadcom and Marvell Technology Emerge as Key Players in Custom AI Chip Market Amidst Growing Demand from Hyperscalers

Broadcom and Marvell Technology Emerge as Key Players in Custom AI Chip Market Amidst Growing Demand from Hyperscalers