The No. 1 position for the California Public Employees' Retirement System (CalPERS) hasn't lost money on a rolling 20-year basis dating back more than a century.
The Bank of Korea resumed its rate cut cycle, lowering the policy rate to 2.50% from 2.75% in a unanimous decision. The downward revision of GDP should give the market hope for further easing.
SHOE CARNIVAL INC (NASDAQ:SCVL) offers a strong dividend yield, reliable payout history, and solid financial health, making it a potential pick for income investors.
The company said its quarterly performance reflected solid execution, driven by its continued focus on innovation, operational excellence, and maximizing value for its customers and shareholders.
The stock is showing continued technical weakness after breaking down from an "M" pattern, according to SEBI-registered investment advisor Financial Independence.
Telegram CEO Pavel Durov revealed a partnership with Elon Musk's xAI, which will see the integration of the Grok AI chatbot into the messaging platform.
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its gains for the third successive day and trading more than 0.50% higher around 100.30 during the Asian hours on Thursday.
The White House has reportedly chosen to withdraw $400 million in funding that was set aside for states to upgrade their unemployment insurance systems. This decision could potentially lead to future complications.
The planned issuance of new shares to raise the money would reportedly dilute existing ownership, including Trump family holdings, reducing their voting control to below 50% for the first time.
Despite a steep fall in profit and revenues, MMTC stock rallied for the second session. An analyst says a technical rebound and rising volumes could push it further
Total S&P 500 earnings for the June quarter are expected to be up +5.5% from the same period last year on +3.8% higher revenues, with a broader and greater pressure on estimates relative to other recent periods.
Chinese AI startup DeepSeek quietly released an upgraded R1 model that rivals OpenAI's o4 mini and outperforms Elon Musk's Grok 3 mini, reinforcing China's rising AI competitiveness.
