Philadelphia Fed’s factory gauge barely grows in June
The Philadelphia Federal Reserve said Thursday its gauge of regional business activity inched down to 1.3 in June from 4.5 in the prior month.
Elon Musk’s xAI build-up plan sparks gains by Dell and Super Micro
Tesla and SpaceX co-founder reveals role in xAI supercomputer for Dell and Super Micro after mentioning Nvidia chips.
AI mania is creating opportunities elsewhere, says money manager, who has three stocks to consider.
A “singular focus” on AI is creating a lot of opportunities for investors right now, if they will just look, says this money manager.
These tips for investing in mutual funds and ETFs help you take the lead
Index funds in the spotlight, a big tech ETF dumps some Apple shares, and two fund managers tell how they’re beating the market
Kroger’s stock pops after better-than-expected earnings
Kroger Co.’s stock rose 2.5% early Thursday, after the grocery chain posted better-than-expected first-quarter earnings and backed its guidance.
Jobless claims drop to 238,000 but stay near 10-month high
The number of Americans who applied for unemployment benefits last week fell slightly, but new jobless claims stayed near a 10-month high, possibly because of the end of the school year.
Accenture’s stock jumps 7% as AI bookings boost offsets an earnings miss
Accenture PLC’s stock rose 6% early Thursday, after the consulting firm posted fiscal third-quarter earnings showing more than $900 million in bookings from generative AI, offsetting a profit and revenue miss.
Aurora Cannabis stock rises in premarket on narrower loss from the year-ago period
Revenue rises 5% to C$67.4 million.
Winnebago’s stock slides after earnings fall short of estimates
Winnebago Industries Inc.’s stock fell 4% early Thursday, after the recreational vehicle maker’s fiscal third-quarter earnings fell short of estimates.
Olive Garden parent’s stock rises as profit beat overshadows muted outlook
Darden Restaurants says, despite weakening conditions, the company “had a strong year.”
