Nvidia stock climbed 4% on Wednesday as investors cheered two major developments: the company's renewed access to the Chinese market and its continued dominance in AI chip technology. ...

On Tuesday, the Bureau of Labor Statistics (BLS) published a revision of its latest job numbers, a report that shows just how far off its estimates of overall employment were from reality.   The latest data just confirms what many already suspected—that the situation is worse than we thought. There’s something incredibly wrong at BLS, and for the sake of our economy, it’s time to fix it.   From March 2024 to March 2025—a period mostly covering the final year of the Biden administration — BLS overestimated j ...

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The new rule becomes effective starting Oct. 1 for employees at the firm’s seven offices that help clients or provide back-office support across the South Asian country, according to an internal memo seen by Bloomberg News. The missive also said that staff may have to attend office on schedule because of space considerations, and failure to comply with the mandate will be tracked and taken into account during performance reviews.A spokesperson for Deloitte said in a statement that the firm’s The move by De ...

Replit has raised a $250 million round, valuing the company at $3 billion. Unlike other fast-growing vibe coders, Replit has not been running to VCs every few months, though we’ll see if that changes. Its last raise was in 2023 when it raised about $100 million that valued the company at $1.16 billion post-money. Replit has now raised a total of about $478 million, PitchBook estimates. The company, founded in 2016 by programmers Amjad Masad (pictured), Faris Masad, and designer Haya Odeh, says it’s been ...

TRENDING: See Nvidia's Growing Appetite For Startup Investments Bitcoin miner Riot Platforms (RIOT) broke out of a base Wednesday, after building on Tuesday's jump. The bitcoin mining and digital infrastructure stock is Wednesday's pick for IBD 50 Growth Stocks To Watch as shares look to extend a three-day rally. Riot stock — along with other bitcoin mining names — rose in sympathy with bitcoin prices, which topped the… Related news Core Scientific Soars On Reports Of New CoreWeave Buyout Attempt 6/27/2025B ...

PresentationBefore we begin, we'd like to submit the following poll, and I'm sure the company would be most grateful for your participation. I'd now like to hand over to CEO, Max Easley. Max, good afternoon.Max EasleyCEO & Director Good afternoon. Thank you, Mark. I hope you all enjoyed that movie. It's really an exciting time to be part of this company and certainly an exciting time to be a shareholder. Before we move on into the presentation today, I would draw your attention to this disclaimer. I'm obvio ...

By Marianna Parraga HOUSTON (Reuters) - A Delaware court is inclined to deny a motion made last month by miner Gold Reserve to disqualify a rival bid for the parent of Venezuela-owned refiner Citgo Petroleum from an affiliate of hedge fund Elliott Investment Management, Judge Leonard Stark said in a filing on Wednesday. The court is set to begin the final sale hearing next week in the court-organized auction of shares aimed to pay creditors for past expropriations and debt defaults by Venezuela. The hea ...

Let me start with a personal anecdote. Back in the 2021 bull market, I read an article suggesting that two great buys at the time would have been Chewy (NYSE: CHWY ) and Fastly (I’m a long-term investor focused on U.S. and European equities, with a dual emphasis on undervalued growth stocks and high-quality dividend growers. Through years of experience, I’ve learned that sustained profitability—evident in strong margins, stable and expanding free cash flow, and high returns on invested capital—is a more rel ...

Oracle's (ORCL) massive backlog for its cloud business stunned Wall Street and cemented the company's role as a key player in the AI market, lifting hopes that the broader AI-fueled tech rally has more room to run. Oracle said late Tuesday that its “RPO,” or remaining performance obligations, a measure of future revenue from customer contracts, jumped roughly 360% in the quarter to $455 billion. That outstanding contract revenue drove the company to project that its Oracle Cloud Infrastructure (OCI) busin ...