Tag Archives: Surges

Graph showing recent rise of long-term unemployment [Photo: US Bureau of Labor Statistics] The number of long-term unemployed in the United States has reached levels not seen since the early stages of the COVID-19 pandemic, according to data released last week by the US Bureau of Labor Statistics. In August, more than 1.9 million had been out of work six …

Intel‘s shares surged 23% on Thursday, its biggest single-day increase since 1987, after Nvidia said it would buy $5 billion of its common stock as part of a partnership between the chipmakers. The pair said they would jointly develop custom products, with Nvidia integrating custom Intel CPUs into its AI infrastructure for data centers, and Intel integrating Nvidia’s graphics processors …

Potentially severe mosquito-borne virus surges in US above normal levels  AOL.comView Full Coverage on Google News Source link

Tesla’s stock is climbing Monday as CEO Elon Musk disclosed the purchase of more than 2.5 million shares worth approximately $1 billion. Shares of the electric vehicle maker rose more than 5% in morning trading. Musk purchased various amounts of shares at different prices on Friday, according to a regulatory filing. The move may be viewed by the markets as …

Google Gemini is breaking out of ChatGPT’s shadow, likely on the wings of its Nano Banana image editor and the viral trend of AI-generated, lifelike figurines. Google launched Nano Banana in late August. It hyped the model as a way to “transform images in amazing new ways” inside the Gemini app. To get the “perfect picture,” you simply pop an …

Gemini Space Station, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, surged in its Nasdaq debut Friday after raising $425 million in an initial public offering. The company priced its IPO late Thursday at $28 a share, valuing Gemini at about $3.3 billion before trading began. That price was above the revised $24 to $26 range it set earlier …

In brief Galaxy Digital has purchased more than $700 million worth of Solana since Wednesday, on-chain data shows. The buys are likely tied to Galaxy’s backing of Forward Industries, poised to be the largest Solana treasury firm. Solana hit its highest price since January on Friday, topping $241 and rising 19% in the last week. Investment firm Galaxy Digital has …

Super Micro Computer (SMCI) stock advanced in after-hours trading on Thursday after the company confirmed it has started volume shipments of Nvidia’s (NVDA) Blackwell Ultra systems. Shares were up 4.05% to $45.73, adding to the 44% gain already recorded year-to-date at Thursday’s close. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced …

Figure Stock Surges in Trading Debut. The Blockchain Lending Company Is Another Hot IPO.  Barron’s Unexpected winners in Figure’s IPO  Axios Figure co-founder on IPO: We will transform investing by using the blockchain  Yahoo Finance Blockchain lender Figure raises $787.5 million in US IPO  Reuters Figure Technology’s stock sizzles after IPO, as investors stay hungry for crypto deals  MarketWatch Source link

There has been a spike in mortgage applications as interest rates have dropped to the lowest level since October 2024. Here, a home for sale in Alhambra, Calif., last month. Frederic J. Brown/AFP via Getty Images hide caption toggle caption Frederic J. Brown/AFP via Getty Images Mortgage rates are finally falling, and just saw their biggest weekly drop in the …