Author: techrossm

Citigroup has stood by wealth management boss Andy Sieg after hiring law firm Paul Weiss to investigate complaints into his behaviour since he arrived

Tech stocks continued to slide on Wednesday as investors sold off AI names amid concern over the sustainability of the AI boom.

A penny stock, a pharma company, saw its share price hit a 5% upper circuit during the intraday trades on Wednesday. Check details about

“The stock price reflects that there won’t be change when change is needed,” Gerald Storch, former vice chairman of Target and ex-CEO of Toys

Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money promised under Biden.

Stocks are lower Wednesday afternoon as selling of AI-related technology names continues and Target names a new chief executive.

Sector rotation is favoring defensive areas like healthcare and megacap stocks. Learn more about what’s moving the market and various sectors.

As the regular trading session approaches, market participants will be watching to see if these early movements gain momentum or reverse course. Trading volume

Tech rout led to another session of weakness on Wall Street on Tuesday as heavily-weighted Nvidia (NVA), peer AMD (AMD), and data analytics company

The quarter also marked the closing of James Hardie’s acquisition of AZEK, which Erter said “again exceeded guidance” with mid-single-digit growth in Deck, Rail