Nvidia’s rise has been astronomical, with its market cap growing from $1.1 trillion to $3.1 trillion in the past 12 months. One tech investor who predicted the early success of Amazon and Tesla said this is just the beginning. “The potential size of Nvidia in the most optimistic outcome is much larger than I have … Read more
Shares of Charles Schwab (SCHW) are falling Tuesday after CEO Walt Bettinger II says the company needs to shrink to focus on corporate profitability. The bank released its second-quarter earnings, showing revenue rose less than 1% to $4.69 billion, with total client assets of $9.4 trillion. Market Domination hosts Josh Lipton and Julie Hyman discuss … Read more
A Spirit Airlines plane prepares for departure from Austin-Bergstrom International Airport in Austin, Texas, on February 12, 2024. Brandon Bell | Getty Images Spirit Airlines reported Tuesday that its latest quarterly loss was wider than expected as revenue came in below expectations. Spirit expects to report an adjusted loss of between $160 million and $173 … Read more
The restaurant is designed to look like two full-size train cars, with a lavish interior featuring four-person cabins on the sides, each with its own giant display that serves as a virtual window. What guests see through those virtual windows changes throughout the year. The first experience is Western-style, with views of mountains, canyons and … Read more
Amazon Prime Day is here, with sneakers on sale for 48 hours exclusively for Prime members. You can also find deals on beauty and wellness, tech, home and kitchen, and more. As a writer for NBC Select, I regularly cover shopping events like Prime Day, Black Friday, and Cyber Monday, so I know how to … Read more
Investors are confident that the Federal Reserve will cut interest rates by the end of its September meeting. On Tuesday morning, markets were pricing in a 100% chance of a rate cut in September, according to the CME FedWatch Tool. A month ago, the odds were 70%. The increased confidence comes after better-than-expected inflation in … Read more