MARKET

Intel foundry losses expected to peak this year after hitting $7 billion in 2023
- By West virginia digital
- . April 2, 2024
Intel broke out its product and foundry financials, showing investors their different margin profiles. Source link

Tax Day could put a strain on money markets. Here’s what Fed will be watching.
- By West virginia digital
- . April 2, 2024
Tax day later this month could put a strain on money markets. The Fed will be watching, a Wall Street

Wells Fargo, JPMorgan named top picks by Goldman Sachs for potential first-quarter upside surprise
- By West virginia digital
- . April 2, 2024
Analysts see Wells Fargo and JPMorgan Chase potentially outshining Morgan Stanley, Citi, PNC, U.S. Bancorp and Bank of America. Source

Shares of GSI Technology, which sparked meme-like buzz, surge on new products
- By West virginia digital
- . April 2, 2024
GSI Technology’s stock, which sparked a meme-like buzz last year, is skyrocketing Tuesday Source link

The stock market expects a ‘soft landing’ from the Fed — but that isn’t a sure thing
- By West virginia digital
- . April 2, 2024
With core inflation at about 3%, Fed Chair Powell is taking quite a gamble talking about rate cuts. Source link

Fed’s Mester says she won’t back a rate cut in May
- By West virginia digital
- . April 2, 2024
“At this point, I think the bigger risk would be to begin reducing the funds rate too early.” Source link

Tesla’s stock slumps as delivery numbers miss the mark by a wide margin
- By West virginia digital
- . April 2, 2024
Tesla delivered far fewer vehicles than expected in the first quarter. Source link

Job openings stay at 8.8 million. Labor market still plenty robust.
- By West virginia digital
- . April 2, 2024
The number of job openings in the U.S. totaled 8.8 million in February for the second month in a row,

How much will you need to retire? America’s ‘magic number’ surges to $1.46 million
- By West virginia digital
- . April 2, 2024
The gap between our goals and reality has never been wider Source link

UL Solutions launches IPO with plans for valuation of up to $5.8 billion
- By West virginia digital
- . April 2, 2024
UL Solutions Inc., a testing, inspection and certification company, launched its initial public offering on Tuesday with plans to issue