AMD Stock Surges The Most Since June As Microsoft CTO Hails Firm’s AI Progress
AMD’s shares experienced a 4.8% increase on Thursday, following the endorsement of the firm’s artificial intelligence (AI) advancements…
All Eyes On PCE: What to Expect From Fed’s Key Inflation Metric This Friday
Explore the PCE index's impact on the economy, market sentiment, and the Fed's inflation outlook. Get the latest data and forecasts.
US Economy Grows By 2.1% In Q2, Lower-Than-Expected Initial Claims Signal Tight Job Market
Thursday’s economic data featured notable highlights: a 2.1% annualized growth rate for the U.S. economy in the second…
S&P 500 Nears Crucial Support: Analysts Warn of Disappointing Returns If 200-Day Average Is Breached
The S&P 500 approaches a pivotal moment as it tests its 200-day moving average. Get insights on what lies ahead and how this affects investors
Hedge Funds’ Secret Weapon Goes Mainstream With CBOE’s DSPX Debut
Dispersion trading, a strategy beloved by hedge funds for profiting from stock dislocations, is stepping into the spotlight…
Meta Unveils Quest 3 VR Headset To Challenge Apple’s Vision Pro; Stock Dips As AI Leader Resigns
As the tech industry’s virtual reality (VR) battle heats up, Meta Platforms Inc. (NASDAQ:META) has thrown down the…
Government Shutdown May Not Prompt Instant Recession, Say Economists
Economists say short-term shutdowns in the past typically had a minor effect on the economy, but it shutdowns extend, they could detrimentally impact economic growth.
Amazon Hit By Antitrust Storm: Stock At 3-Month Low, 5 Analysts’ Takeaways
FTC alleges Amazon is wielding monopolistic power within the market and employing anti-competitive tactics to preserve its dominance.
September’s Shakeout: S&P 500, Nasdaq 100 See Just 13% Of Stocks Above 50-Day Average
The September market downturn is spreading like wildfire across various sectors, with only a handful of stocks managing to maintain the positive trend seen in recent months.
Kashkari Takes Hawkish Stance At Fed, Expects Further Rate Hikes And No Cuts In 2024
Kashkari prefers additional interest rate hikes and displays a commitment to keeping them at high levels over an extended duration.