Tesla, Nvidia lead tech-heavy Nasdaq to one of best days of 2024 after Fed rate cut

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Following the Federal Reserve’s interest rate cut, tech stocks had a slightly delayed rally but jumped on Thursday, with the Nasdaq climbing 2.5%.
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Fed Governor Waller says inflation softening faster than he expected put him in half-point-cut camp

Waller told CNBC that the data is showing core inflation in the Fed’s preferred measure is running below 1.8%
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September 21, 2024

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Qualcomm recently approached Intel about a possible takeover

If Qualcomm were to acquire Intel, it would be one of the largest technology deals on record, but would first invite hefty regulatory scrutiny.
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September 21, 2024

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FTC sues drug middlemen for allegedly inflating insulin prices

The FTC suit targets the three biggest so-called pharmacy benefit managers, UnitedHealth Group’s Optum Rx, CVS Health’s Caremark and Cigna’s Express Scripts.
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September 21, 2024

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Constellation Energy to restart Three Mile Island nuclear plant, sell the power to Microsoft for AI

Constellation described the agreement with Microsoft as the largest power purchase agreement that the nuclear plant operator has ever signed.
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Tesla, Nvidia lead tech-heavy Nasdaq to one of best days of 2024 after Fed rate cut

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