Nvidia’s Surge Stokes Talk of a Bubble
The chip maker’s meteoric advance has helped push the stock market to record highs. It also has some on Wall Street saying the “B word.”
Nikkei Stock Average Rises Above 40000 for First Time
The climb was driven by greater corporate earnings and a surge in chip-related stocks, thanks to enthusiasm for beneficiaries of artificial intelligence.
Jobs Data, Target and Costco Earnings, and More to Watch This Week
The February employment report is forecast to show a gain of 200,000 jobs. Plus, earnings from Target, CrowdStrike, Campbell Soup, Broadcom, Costco, and Kroger.
Saudi-Led Oil Producing Nations Extend Output Cuts
Saudi Arabia, United Arab Emirates, Kuwait, and Algeria all decided to extend their voluntary production cuts through the end of June, instead of easing them at the end of March.
The Skyrocketing Costs Driving Cheeseburger Prices Up-And Restaurant Owners Out
Escalating payroll costs and diners’ dwindling tolerance for higher checks are putting independent restaurants in a squeeze
Stock Funds Rise 5.2% Thanks to ‘Magnificent Seven’
February’s gains were the fourth straight for the market. Also: A flashback to Dow 10000-which was 25 years ago this month.
The World Is in for Another China Shock
Imports from China in the early 2000s lowered prices and wiped out U.S. jobs. A sequel of sorts might be in the making.
Red Sea Conflict Threatens Key Internet Cables
Maritime attacks are complicating repairs on underwater cables that carry the world’s web traffic. Step Aside, ESG.
BlackRock Is Doing ‘Transition Investing’ Now.
The world’s biggest asset manager has abandoned the acronym while pumping billions of dollars into clean energy.