Here’s the Fed’s new rate forecast that’s moving the markets
Federal Reserve Bank Chair Jerome Powell announces that interest rates will remain unchanged during a news conference at the bank's ...
Tag: forecast
Nvidia shares pop 10% to record high after forecast signals unwavering demand for AI chips
Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Artificial Intelligence Conference at SAP Center on March ...
Starbucks shares sink 12% as coffee chain slashes 2024 forecast amid same-store sales drag
A Starbucks coffee shop in Amsterdam.Nicolas Economou | Nurphoto | Getty ImagesStarbucks on Tuesday reported weaker-than-expected quarterly earnings and revenue, ...
Meta tumbles 11% on weak revenue forecast and Zuckerberg’s comments on spending
Meta shares tumbled 11% Thursday afternoon, on pace for their worst day since October 2022, after the company issued weak ...
Levi Strauss surges 20% on profit forecast raise as direct customer sales, cost cuts pay off
Shares of Levi Strauss & Co jumped 20% to a more than two-year high on Thursday as the jeans maker ...
Fed raises GDP and inflation outlook, while keeping rate cut forecast
Federal Reserve Chairman Jerome Powell testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled "The Semiannual Monetary ...
Micron soars 15% to hit record high as AI demand powers strong forecast
Memory chipmaker Micron Technology surged to a record high on Thursday after its strong revenue forecast fanned optimism that soaring ...
Adobe shares slip 10% on soft sales forecast
Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor of the New York Stock Exchange on ...
Asia shares shaky, traders on guard as Japanese inflation tops forecast
Asian shares struggled to advance on Tuesday, with slightly warmer-than-expected Japanese inflation putting investors on guard ahead of price data ...
Arm shares soar as much as 41% after chip designer gives strong forecast, says AI is boosting sales
Arm makes the CPU architecture for chips found in nearly all smartphones. An Arm chip is shown here in San ...
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