KGWV · U.S. MARKET INTELLIGENCE
U.S. stocks finished mixed on Aug. 12, as mild consumer-price data boosted expectations for interest-rate cuts and AI-related stocks led gains in the technology sector. The S&P 500 rose 20.30 points, or 0.26%, to 7,748.50. The Dow Jones Industrial Average fell…
Gold rose in early Asian trading after expectations for a Federal Reserve rate hike eased following the release of U.S. inflation data. ANZ Research analysts said in a report that consumer prices in July rose only slightly from June. The data suggested the Fed…
Cisco's chief executive said revenue from artificial intelligence infrastructure is expected to grow to $7.5 billion in fiscal 2027.
South Korea’s Kospi index rose as much as 4% in early trading Thursday, bringing its cumulative gain from the July 30 low to more than 20%. Moderate U.S. inflation data lifted investor sentiment and eased concerns that the Federal Reserve could raise interest…
Apple is reportedly in talks with multiple publishers on multiyear content-licensing agreements that would give an AI-powered version of Siri access to the latest news and information. Apple is discussing a licensing budget that could reach hundreds of million…
The U.S. Labor Department said Wednesday that the consumer price index rose 0.1% in July from the previous month, while the annual increase slowed to 3.4%, exactly matching market expectations. Core CPI, which excludes food and energy, rose 0.2% month over mon…
Japanese stocks may rise as concerns about Federal Reserve interest-rate hikes ease and U.S. technology stocks gain overnight. Nikkei index futures on the Singapore Exchange rose 1.2% to 68,500 points. The dollar traded at 159.34 yen, compared with 159.40 yen…
Trump Media & Technology Group, founded by current U.S. President Donald Trump in 2021, said more than 10 clients have signed up to use the Truth API, an application programming interface for the Truth Social platform. The service officially launched earlier t…
CoreWeave Inc. warned investors that moving away from its current exclusive use of Nvidia artificial-intelligence chips could require substantial time and money. In a regulatory filing Wednesday, CoreWeave said changes in customer demand could require it to in…
They include a wide range of raw materials from the agricultural, livestock, energy, and metals sectors. Gold, silver, crude oil, natural gas, corn, wheat, soybeans, and lumber are all examples of commodities. Commodity trading is a type of financial investmen…