Australia’s monthly inflation reading was much tamer than expected in May, potentially giving the Reserve Bank of Australia time to sit on the sidelines for a while before it raises interest rates further.

Australia’s monthly inflation reading was much tamer than expected in May, potentially giving the Reserve Bank of Australia time to sit on the sidelines for a while before it raises interest rates further.

Overstock.com shares rose Tuesday as a judge approved the company’s $21.5 million bid to buy the assets of bankrupt retail chain Bed Bath & Beyond Inc.

Nvidia and AMD shares slumped in the extended session Tuesday following a report that the Biden administration might ban more AI chip sales to China.

Manchester United shares closed up 7.4% at $24, their highest closing price since June 15.

AeroVironment Inc. shares rallied in the extended session Tuesday after the defense contractor’s products in Ukraine drove record results.

Very low rates create an easy-money environment for companies to do well, but those days are over, says veteran distressed debt investor Howard Marks, in a new podcast.

Valuation plays a small role in predicting the stock market’s shorter-term prospects.

Homebuilder stocks are relatively “cheap” even after surging this year, and represent a pocket of the U.S. equities-market rally that extends beyond the Big Tech sector as a recession does not appear imminent, according to DataTrek Research.

Snowflake shares close higher Tuesday as the cloud-data company announces new AI products during its Summit 2023 event in Las Vegas.