U.S. equities started the week with fresh momentum as investors balanced optimism around trade talks, corporate moves, and a highly anticipated Federal Reserve policy decision. The S&P 500 climbed 0.4% to another record high, the Nasdaq Composite gained 0.8%, and the Dow Jones Industrial Average slipped 14 points,
CoreWeave (CRWV) were higher by about 5% in early U.S. trading Monday after the cloud computing company entered into a $6.3 billion deal with Nvidia (NVDA) to guarantee use of its excess server capacity, according to a filing with the Securities and Exchange Commission.
Under the agreement,
» Read more about: CoreWeave Stock Climbs 5% After $6.3B Cloud Capacity Deal with Nvidia »
Roku has consistently grown its subscriber base and streaming hours for years.
One key financial metric is about to turn positive,
BlackRock is moving $3 billion out of two mutual funds and stuffing them into two new ETFs. The change is being made to fit them into its model portfolio engine, which has been growing at an almost exponential rate.
Rick Rieder, who runs global fixed income at the firm,
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Sowind Group – the company that owns two independent luxury watch brands, Ulysse Nardin and Girard-Perregaux – is bullish on the evolving luxury market in India and expects the country to be among its top markets in the coming years. Last week, the company opened the first standalone boutique store for Ulysse Nardin in Gurugram and will look to open stores in other top metros.
» Read more about: Ulysse Nardin parent company bullish on India potential »
Elon Musk revealed Monday that he purchased $1 billion worth of Tesla’s stock – a major show of confidence that sent shares of the electric car maker surging 7% in early trading.
The 54-year-old billionaire bought 2.57 million Tesla shares through a trust on Friday, according to a regulatory filing.
If Tesla’s stock gains hold,