Monday, November 4, 2024

Markets

SMCI, Should We Call 911?

 Today, Super Micro Computer experienced a striking 32% drop at market opening following Ernst & Young’s resignation as its auditor. The company has faced...

No Nuclear Energy? No Artificial Intelligence! 

Electricity use from AI and cryptocurrency data centers could exceed 1,000 TWh annually by 2026, highlighting the urgent need for a stable energy supply. Nuclear...

Investors question Fed’s rate cut amid signs of faster economic growth

Something unexpected is happening on the road to the much-hoped-for soft landing in the U.S.: The growing possibility of an economic reacceleration, which handed...

Gold rally takes a pause on its way to a higher trading range

Gold futures edged lower on Friday, pressured by strength in the U.S. dollar following a stronger-than-expected September jobs report — with one analyst calling...

Gen Z investors — and this surprising age bracket — are doubling down on tech stocks

A survey found that 68% of Gen Z and 55% of Silent Generation investors increased their positions in tech stocks in the third quarter.

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