Super Micro Stock Jumps After Committee Finds No Evidence of Misconduct, Recommends Hiring New CFO
Super Micro Computer (SMCI) shares surged in Monday late-afternoon trade after the artificial intell
Super Micro Computer (SMCI) shares surged in Monday late-afternoon trade after the artificial intell
(Bloomberg) -- Nuveen LLC, the $1.3 trillion US global asset manager, is targeting wealthy Australian investors to tap into expected growth in the US private credit market via a new fund.Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsAs Wars Rage, Cities Face a Dark New Era of Urban DestructionThe firm has launched its Nuveen Churchill Private Credit Income Fund, aimed at Australian private wealth, high net worth individuals and family offices, according t
(Bloomberg) -- Short-sellers are capitulating as the S&P 500 Index keeps hitting record highs and is set for its best year since 2021, according to Citigroup Inc. strategists.Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsInvestor positioning in S&P 500 futures is “completely one-sided,” the strategists led by Chris Montagu wrote in a note. It’s “setting new highs for a fourth consecutive week an
Morgan Stanley analyst Keith Weiss noted that cybersecurity remains a top spending priority for organizations globally. Weiss noted longer-term tailwinds are intact as recent technological advancements (GenAI, Public Cloud) expand the attack surface area, creating new product opportunities for securing AI and leveraging AI to automate security operations. In the near term, the analyst flagged risks investors might not fully appreciate heading into 2025. Also Read: This Analyst Downgrades Upstart
The US manufacturing sector's contraction improved more than expected in November, two separate surv
In a significant move, MicroStrategy Inc. (NASDAQ:MSTR) looks set to join the Nasdaq 100 index, prompting a major reconstitution of the index. This change, based on market cap rankings as of Nov. 29, will take effect after Dec. 20. What Happened: According to a report by Seeking Alpha, the inclusion of MicroStrategy, with its $94 billion market cap, will impact passive funds tracking the index, such as the Invesco QQQ Trust (NYSE:QQQ) and the Invesco Nasdaq 100 (NYSE:QQQM). Don't Miss: This Jeff
AVGO finished December higher in eight of the past 10 years
Here are the stocks making the biggest market moves midday.
Kroger is set to report third-quarter results ahead of market open Thursday, with the grocery giant awaiting a decision on the FTC's legal challenge to its proposed merger with Albertsons.
(Bloomberg) -- South Korea’s stock benchmark attracted its biggest foreign inflow in more than three months as strong US economic data bode well for growth in the export-oriented country.Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsGlobal funds bought 539.6 billion won ($385 million) worth of Kospi Index members on a net basis on Tuesday, the most since Aug. 16. That boosted the measure 1.9% hi