MARKET
Jobless claims retreat again to 211,000 in another sign of labor-market strength
New unemployment filings are extremely low Source link
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Why Amazon CEO Andy Jassy says the company is especially suited to win in AI
It’s no surprise that AI got prominent mention in Amazon CEO Andy Jassy’s lengthy annual shareholder letter. Source link
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Oil prices extend gains as fears rise of potential Iran attacks
Oil futures consolidate after rising more than 1% the previous session on fears of a more direct confrontation between Israel...
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Ad giant Publicis Groupe sees ‘clear rebound’ in sales to tech sector following 2023 slump
The French advertising giant said it saw a clear rebound in sales to tech companies following a slump that hit...
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European Central Bank to stand pat but faster-than-the-Fed rate cuts may hit euro
The European Central Bank is expected on Thursday to leave interest rates at record highs but to imply that a...
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Costco boosts its dividend by 14% while touting sharp rise in e-commerce sales
Costco saw a 9.4% sales boost the five weeks through April 7, driven by a surge in e-commerce activity. ....
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Trump’s ‘DJT’ stock dives to lowest close since Ron DeSantis dropped out
Trump Media’s stock has lost about 31% since it took the former president’s initials as its ticker. Source link
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Rent the Runway sees ‘milestone’ 2024 and breakeven cash flow, as stock soars
Rent the Runway Inc. on Wednesday said it expected breakeven free cash flow this year, following cost cuts and signs...
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If you won a $1.3 billion Powerball jackpot, what would you do with it? Here’s what financial advisers suggest.
Someone has come forward to claim last weekend’s big prize, but what’s the best way to spend and invest it?...
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Nvidia doesn’t have a monopoly in AI — though it sure seems that way
Pricing power and lack of competition are driving Nvidia’s growth, but rivals are gaining traction. Source link
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