A better-than-expected earnings report from Nvidia led the Nasdaq to a new high today, but the stock market struggled overall, with Dow Jones falling over 600 points. Meanwhile, Federal Reserve officials expressed increased concern about inflation at their latest meeting, with members indicating a lack of confidence…Read more...

After delivering its closely watched first-quarter earnings report, Nvidia’s stock price opened above $1,000 on Thursday morning. The chipmaker’s shares climbed 11% to about $1,053 during mid-day trading. The company crossed the $1,000 share-price threshold for the first time in after-hours trading on Wednesday…Read more...

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ExxonMobil had a partial loss Wednesday in a bid to make sure that climate-minded investor groups can’t force shareholder resolutions that ask the company to take a more aggressive stance to fight global warming and reduce carbon emissions.Read more...

Oreo maker Mondelēz International will have to pay $366 million to the European Union (EU) for limiting cross-border sales, the EU said in a statement on Thursday. Read more...

The AI boom and a growing talent shortage has resulted in companies paying AI software engineers a whole lot more than their non-AI counterparts. Read more...