Snowflake Fuels Big Earnings Growth As SNOW Stock Near Buy Point; Beating AI Leaders Nvidia and Microsoft

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Asked to guess which stock ranks No. 1 on the 2023 Fortune Future 50, artificial intelligence powerhouses like Nvidia (NVDA), Microsoft (MSFT) and Alphabet (GOOGL) might come to mind. But data warehousing and AI stock Snowflake (SNOW) is the one that earns that distinction. And after generating 127% earnings growth last quarter, SNOW stock eyes … Read more

Trump fake electors buckle in Wisconsin, get charged in Nevada

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WASHINGTON (Reuters) – Nevada charged six Republican fake electors in connection with a scheme to overturn Donald Trump‘s 2020 election loss to President Joe Biden, while 10 false electors reached a legal settlement in Wisconsin that affirmed the Democrat’s victory. WHY IT’S IMPORTANT Wednesday’s actions marked the latest legal developments in a 2020 plan to … Read more

McCarthy’s exit and the ripple effects back home

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Former Speaker Kevin McCarthy’s announcement that he would resign from Congress at the end of the year throws his own political future — and the fates of vulnerable California Republicans — into murky territory. His resignation comes as a disappointment, but not a surprise, to his loyal supporters in Congress. McCarthy is well-liked in his Central … Read more

Stocks pop as focus fixes on jobs data

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US stocks were higher on Thursday as investors looked again to labor market data for signposts to the path of interest rates. The Dow Jones Industrial Average (^DJI) lagged the other major averages, rising about 0.2%. Meanwhile the (^GSPC) popped 0.5% and the Nasdaq Composite (^IXIC) futures pointed to a rebound for tech stocks, rising … Read more

Original musical production ‘Gold Can’t Love You Back’ opens in Nevada City

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Dec. 7—The Stone House in Nevada City, in partnership with House of Fates, will be presenting an original production centered around the historic Gold Rush era. Described as an immersive and interactive musical experience, “Gold Can’t Love You Back” opens today to join the growingly popular Nevada City Victorian Christmas season. “Gold Can’t Love You … Read more

Dow Jones Futures Reverse On Rise In Jobless Claims; C3.ai Plunges On Earnings

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Dow Jones futures reversed higher Thursday after the Labor Department’s initial unemployment claims. Meanwhile, artificial intelligence stock C3.ai (AI) took a dive after reporting mixed results. X Early Thursday, first-time jobless claims for the week ended Dec. 2 rose to 220,000 vs. 218,000 in the previous week. C3.ai plunged 10% even though the AI stock … Read more