An upbeat Nvidia outlook could mean upside for Super Micro as well, while a conservative forecast could bode well for Super Micro gross margins.
Metals Stocks: Gold prices climb for 4th day, on track for longest win streak in nearly 3 months
Gold futures climbed Wednesday as the yellow metal was on track for its longest winning streak in nearly three months as prices rose for a fourth straight day.
: Meet the guppies: Young house hunters who are giving up on ever buying a home
The term ‘guppies’ — a play on ‘yuppies’ — is being used to describe Gen Zers and millennials priced out of the housing market who are ‘giving up on property’
: Threads is coming to desktop, Meta announces
The new version, which has been the most requested update by users since Threads debuted in July as a mobile-only app, could help reignite user growth following a sluggish patch.
: 1 in 5 mothers report verbal abuse or other mistreatment during maternity care, CDC says
People without health coverage or relying on Medicaid report more mistreatment, research shows
Earnings Results: Peloton’s stock tanks 24% as revenue outlook falls short, bike recall costs pile up
Peloton came up shy with its revenue outlook for the latest quarter while disclosing that a bike recall has had a greater-than-expected impact on the business.
FA Center: If you still want brokerage statements mailed, it’ll cost you
Many financial firms are adding fees for clients who decline electronic statements.
Need to Know: If markets sell off again, get ready to buy U.S. stocks, says HSBC
HSBC strategists say it’s too early for investors to start bargain hunting after the recent two-week selloff, as they see another broad-based slump possibly ahead.
Europe Markets: Euro and pound fall alongside bond yields after surveys show Europe’s economy contracting
European government bond yields and currencies fell sharply after surveys pointed to deteriorating economic conditions on the continent.
Earnings Results: Foot Locker’s stock tumbles 28% as company suspends dividend after swinging to a loss
Foot Locker posted a surprise loss for its second quarter, sales that fell short of estimates and cut its guidance.
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