Pedestrians are reflected in the window of an Abercrombie & Fitch store in New York. Craig Warga | Bloomberg | Getty Images Shares of Abercrombie & Fitch rose after clothing retailer reported a quarterly gain on Thursday morning and an impressive 56% online revenue growth during the coronavirus pandemic. The …
Read More »Shares in Europe drive army for Powell speech; Rolls-Royce slowed down
A ground crew member passes a Rolls-Royce Holdings engine on the wing of a passenger plane at Tegel Airport, operated by Berlin Brandenburg Airport, in Berlin, Germany, on July 7, 2020. Krisztian Bocsi / Bloomberg News European equities fell lower on Thursday, with markets keen on the US Federal Reserve’s …
Read More »Economists see a chance of a double-dip recession, according to a survey
People stand outside a Kentucky Career Center hoping to find help with their unemployment claim in Frankfort, Kentucky, June 18, 2020. Bryan Woolston | Reuters There is a one in four chance that the economy could fall into a double recession, according to a majority of economists surveyed by the …
Read More »Nintendo adds $ 3 billion more as Robinhood users hit Play
Nvidia stock: Nvidia wants to expand beyond video games. How far it has to go.
Text size The company’s new Ampere chip design is being adopted by the likes of Amazon, Google and Microsoft for their cloud operations. Justin Sullivan / Getty Images As much as Nvidia wants investors to think of it as a data center company, in some ways that transformation remains incomplete. …
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