Goldman Sachs isn’t scared off by the latest Nvidia (NVDA) sell-off.Nvidia shed roughly $400 billion in market value last week after the stock fell nearly 10% on Tuesday. The tech stock was one of the biggest drivers of the S&P 500’s (^GSPC) worst start to September since 1953, according to Bespoke Investment Group, though it…
Ukraine forex reserves rise to $42.3 billion as of Sept 1
US labor market stays afloat as unemployment rate falls to 4.2%
Japan Q2 corporate capex up 7.4%, points to solid domestic demand
Morning Bid: China clouds global ‘Goldilocks’ outlook
A “worldwide catastrophe” is imperiling Pacific Islands and the world must respond to the unprecedented and devastating impacts of rising seas “before it is too late,” the United Nations chief has warned.UN Secretary-General Antonio Guterres issued a global SOS – “Save Our Seas” – from the Pacific Island nation of Tonga on Tuesday with a…
Zoom raises annual revenue forecast on strong demand for its AI-powered products
Goldman Sachs lowers odds of US recession to 20% from 25%
Dollar falls on bets for dovish Fed
On Friday, residents of Rodanthe in North Carolina’s Outer Banks witnessed another unfortunate, yet increasingly common, event: a house collapsing into the ocean.The combination of high tides and waves from Hurricane Ernesto, which was hundreds of miles away, contributed to the latest collapse that took place at Hatteras Island in Rodanthe. No one was inside…
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