Nvidia is replacing Intel on the Dow Jones Industrial Average, ending a 25-year-run for a pioneering semiconductor company that has fallen behind as Nvidia cornered the market for chips that run artificial intelligence systems
Lyft is paying $2.1 million to settle a lawsuit accusing the ride-hailing service of exaggerating how much money drivers could make while the company was trying to recover from a steep downturn in demand during the pandemic
Wendy’s plans to close 140 U.S. restaurants before the end of this year on top of the 100 it said it would close in May
Exxon Mobil’s third-quarter profit beat analysts’ expectations, as the oil and gas giant was helped by contributions from Pioneer Natural Resources, a recent acquisition
Apple snapped out of a recent iPhone sales slump during its summertime quarter
As a presidential race profoundly shaped by Americans’ frustration with high prices nears its end, the government said Thursday that an inflation gauge closely watched by the Federal Reserve has dropped to near pre-pandemic levels
The average rate on a 30-year mortgage in the U.S. rose for the fifth straight week, returning to its highest level since early August
Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimates
ChromaDex (NASDAQ:CDXC – Get Free Report) released its earnings results on Thursday. The company reported $0.02 earnings per share for the quarter, Zacks reports. ChromaDex had a net margin of 1.62% and a return on equity of 5.06%. The firm had revenue of $25.58 million during the quarter, compared to the consensus estimate of $23.70 million. During the same period in the prior year, the firm earned ($0.01) EPS. ChromaDex updated its FY 2024 guidance to EPS.
Evans Bancorp (NYSEAMERICAN:EVBN – Get Free Report) released its earnings results on Thursday. The bank reported $0.53 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.13, Zacks reports. The business had revenue of $31.69 million for the quarter. Evans Bancorp had a net margin of 13.80% and a return on equity of 10.40%.
Weekly Market Review – November 23, 2024
Wall Street Rises With Nvidia as Bitcoin Bursts Above $99,000
US Regulators Seek to Break up Google, Forcing Chrome Sale as Part of Monopoly Punishment
Feds Outline ‘Necessary Steps’ for Colorado River Agreement by 2026 but No Recommendation Yet
Nvidia Beats Earnings Expectations as Investors Eye Demand for Blackwell AI Chips
Merck & Co., Inc. (NYSE:MRK) Shares Up 0.3% – Should You Buy?
Visa (NYSE:V) Shares Up 0.6% – What’s Next?
Advanced Micro Devices, Inc. (NASDAQ:AMD) Stock Position Raised by Charles Schwab Investment Management Inc.
Amazon.com (NASDAQ:AMZN) Stock Price Down 1.9% Following Insider Selling
Ukraine Has Seen Success in Building Clean Energy, Which Is Harder for Russia to Destroy
