KGWV · U.S. MARKET INTELLIGENCE
People familiar with the matter said OpenAI's annualized revenue, based on its current performance, is expected to exceed $40 billion. That would be roughly double its level at the end of 2025 and could support the company's plans for a Wall Street listing. Op…
Reddit will be added to the S&P 500 index, while AvalonBay Communities will be removed, CLS reported.
Gold’s monthlong rally has brought the precious metal to a critical juncture, with technical traders and bullish investors anticipating a major breakout watching closely. On Wednesday, gold was turned back at an important psychological threshold: its 200-day m…
A veteran strategist says five signs point to the earnings tailwind for U.S. stocks coming to an end.
LG Electronics said Friday that it plans to launch a next-generation bipedal humanoid robot based on Nvidia’s robotics platform in the first quarter of 2027. The South Korean technology giant said the companies signed a memorandum of understanding at Nvidia’s…
Following favorable news on the latest U.S. producer price index data, the S&P 500 could challenge its record high again after the U.S. market opens later Thursday. As of publication, Nasdaq-100 Index futures for the 2609 contract were up 0.19%, S&P 500 future…
LG and Nvidia signed a memorandum of understanding covering robotics, AI factories and mobility technology.
U.S. drone-related stocks Unusual Machines and Ondas rose more than 8% and 2%, respectively, in overnight trading, according to CLS US Stock Subject. The United States will impose tariffs on imported drones and drone components.
Cleveland Federal Reserve Bank President Beth Hammack said she is focused on three areas that could affect U.S. financial stability, including leverage in the Treasury market. Hammack made the comments Thursday at an event in Dayton, Ohio. “We have a lot of ou…
U.S. Treasuries rallied after a softer-than-expected July producer price index reading. Falling oil prices added to the gains as traders assessed reports about shipping through the Strait of Hormuz. Long-dated Treasuries lagged, steepening the yield curve both…