markets

Cramer names the No. 1 underappreciated megacap to buy in the recent tech stock sell-off

Microsoft’s generative artificial intelligence prospects are impressive. But the stock has more to offer investors than just the new tech.

Ken Griffin’s Wellington hedge fund at Citadel squeezes out 1% gain in volatile August

Billionaire investor Ken Griffin’s suite of hedge funds at Citadel eked out small gains in what proved a volatile month…

Nvidia $279 billion wipeout — the biggest in U.S. history — drags down global chip stocks

Global semiconductor and associated stocks fell on Wednesday, following a steep plunge in Nvidia’s share price in the U.S. overnight.…

China’s property woes and U.S. sanctions have hit some cities hard

BEIJING — China’s property struggles and U.S. sanctions have significantly affected some of its cities, even as others benefit from…

Harris says she opposes U.S. Steel’s sale to a Japanese firm during campaign event

Vice President Kamala Harris used a joint campaign appearance with President Joe Biden in the critical swing state of Pennsylvania on Monday to say…

Is the Fed ‘sleepwalking into a policy mistake?’: Abrdn analyst calls for faster easing of rates

While British fund manager abdrn predicts that the U.S. economy will see a soft landing, there is still the risk…