Finance

This semi name just hit a fresh all-time high. Why its stock market dominance could last

Nvidia shares hit a fresh all-time high on Wednesday, and its gains may still be in the early innings, according…

NYCB woes reignite fears about shaky banks as anniversary of March crisis nears

Embattled lender New York Community Bank disclosed a litany of financial metrics in the past 24 hours in a bid…

Hedge fund billionaire Bill Ackman to launch a NYSE-listed fund for regular investors

Pershing Square’s Bill Ackman is set to offer a new investment vehicle listed on the New York Stock Exchange, aiming to…

Fed Governor Kugler backs caution on rates; Kashkari expects only two or three cuts

Federal Reserve Governor Adriana Kugler said Wednesday inflation is showing solid signs of slowing down, but she is not ready…

NYCB names new chairman after Moody’s downgrades bank’s credit rating to junk

New York Community Bank on Wednesday promoted its chairman to help stabilize the company’s operations, hours after Moody’s Investors Service downgraded the bank’s…

Clocktower’s chief strategist says Chinese stocks will likely rally 10% to 15% from here

BEIJING — Chinese stocks will likely climb by at least 10% in coming days as authorities signal concerted support efforts,…

Lawson shares surge 18% after Japan’s KDDI launches $3.4 billion privatization offer

Shares of Japan’s third-largest convenience store chain Lawson surged 18% it received an offer to go private. The offer would…