Nvidia, Nasdaq hit records, inflation lingers as Memorial Day kicks off summer
Wall Street wrapped up a busy week with earnings from Nvidia and Target, as well as a historic partnership between News Corp. and OpenAI, and a potential move by the SEC promising to juice crypto investing.
-Nvidia shares soar to yet another all-time high
-Stocks steady as the Nasdaq notches a new record, juicing retirement accounts
-News Corp. and OpenAI ink historic deal
-A new crypto-exchange-traded fund may be coming soon
-Target shoppers and others are sinking in credit card debt
-Inflation will fire-up your BBQ staples this summer
-What sank Red Lobster?
-The flight from hell claims one life, rocks dozens more
NVIDIA NAILS IT: The chipmaker wowed Wall Street with a 10-for-1 stock split after stellar quarterly results and an improved forecast cementing its AI dominance and sending the shares to a new all-time high…continue reading here.
VIDEO: Why investors think Nvidia can do no wrong.
TECHS LIFT STOCKS: The tech-heavy Nasdaq Composite notched a new record close, partly thanks to Nvidia's rise which lifted other semiconductor stocks. The S&P 500 closed just short of its latest record high…more on the markets. The rising tide of the U.S. stock market pushes retirement accounts to new highs…continue reading here.
POWERHOUSE PARTNERSHIP: News Corp. and Open AI inked a historic deal that will help shape the future of news…continue reading here.
VIDEO: News Corp CEO Robert Thompson and OpenAI’s Sam Altman talk straight about the partnership.
A NEW CRYPTO ETF?: In a surprise move, the Securities and Exchange Commission laid the groundwork for a future Ethereum exchange traded fund joining its sister currency Bitcoin, which is already benefiting from ETFs…continue reading here.
VIDEO: Will a possible Ethereum ETF rival Bitcoin's?
LIVE PRICES FOR CRYPTOCURRENCIES: HERE
MAXED TO THE HILT: Inflation is trashing Target, as evidenced in its latest quarterly report. The retailer acknowledged consumers are drowning in maxed out credit cards. continue reading here.
VIDEO: Americans are taking on more debt to make ends meet.
INFLATION HEATS UP BBQs: With Memorial Day kicking off the start of summer, expect to pay up for your grilling staples…continue reading here.
RIP RED LOBSTER: Red Lobster officially filed for bankruptcy, ending weeks of speculation. The iconic seafood chain’s demise may be linked to its generous value deal that diners chowed down on…continue reading here.
HORROR: Severe turbulence aboard a Singapore Airlines flight left one dead and dozens of others reeling…continue reading here.
VIDEO: Passengers recount the flight from hell.
FLORIDA WINS: A city in the Sunshine State is the best place to live, according to a new report from U.S. News & World…continue reading here.
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