AI Frenzy Pushes S&P 500’s RSI To Most Overbought Level Since November 2021: What Does History Suggest Will Happen Next?
The pace at which stocks have surged in recent weeks has begun to trigger a few warning signals…
University Of Michigan Consumer Sentiment Jumps In June, Inflation Expectations Plummet
The University of Michigan consumer sentiment reading rebounded in June following a decline in May, as concerns about…
Unemployment Claims Exceed Expectations, Yet Robust Retail Sales Indicate Resilient Consumer Demand
Investors absorbed key economic reports for the U.S. job market and consumer spending on the day after the…
ChatGPT Portfolio Is Beating Most Funds: Is AI The Future Of Investing?
It’s Wednesday, that means it’s time for the fifth week of Benzinga’s ongoing series, “Is ChatGPT a Better…
Powell Keeps Hawks At Bay, Signals Fed Is Near Destination: Stocks Rebound, S&P 500 Erases Losses
In a highly anticipated press conference Wednesday, Federal Reserve Chair Jerome Powell provided insights into the central bank’s…
Deflation Pushes Producer Prices To 28-Month Lows Ahead Of Fed’s Interest Rate Decision
U.S. producers now face the reality of deflation, as the Producer Price Index (PPI) for final demand slumped…
June Fed Meeting: How Could Markets React To The Rate Decision And Powell’s Comments?
The long-awaited Federal Reserve meeting has finally arrived. The Federal Open Market Committee (FOMC) will announce its interest…
Energy-Driven CPI Drop In May Contrasts With Persistent Core CPI: 5 Economists Speculate On Fed’s Next Move
The inflation rate dropped faster than expected in May, coming in at 4% year-on-year against the 4.1% forecasted, and…
Surprise Dip In May Inflation Raises Hopes For Pause In Fed Rate Hikes
Inflation decelerated more than expected in May, bolstering investor optimism regarding the conclusion of Fed rate hikes. The…
Riding The AI Wave: ‘AMD Data Center and AI Technology Premiere’ Fuels Investor Excitement After 95% Surge In 2023
AI and tech enthusiasts worldwide are eagerly awaiting Tuesday morning, June 13, at 10:00 a.m. PT, when Advanced Micro…