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    Rivian posts Q3 revenue miss; full-year loss projection widens, but ‘modest gross profit’ still expected in Q4

    by skolnes November 7, 2024
    November 7, 2024

    Rivian (RIVN) reported third quarter revenue that missed the mark and a wider-than-expected loss as the pure-play adventure electric vehicle maker was burdened by a supplier parts issue. Though the …

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    S&P 500, Nasdaq hit records as Fed cuts rates, post-election rally rolls on

    by skolnes November 7, 2024
    November 7, 2024

    A tech-led rally brought new record highs for the S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) Thursday as investors digested a fresh interest rate cut from the Federal Reserve and …

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    Fed Cuts Rates; Powell Says Wouldn’t Resign If Asked By Trump

    by skolnes November 7, 2024
    November 7, 2024

    (Bloomberg) — Federal Reserve Chair Jerome Powell said he would not resign from his role if asked to do so by a re-elected Donald Trump, following the Fed’s decision Thursday …

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    Fed cuts rates 25 bp, as expected

    by skolnes November 7, 2024
    November 7, 2024

    (Reuters) – The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday as policymakers took note of a job market that has “generally eased” while …

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  • Cryptocurrency News

    Why Wolfspeed Stock Is Plummeting Today

    by skolnes November 7, 2024
    November 7, 2024

    Wolfspeed (NYSE: WOLF) stock is crashing in Thursday’s trading following the company’s recent quarterly report. The chip specialist’s share price was down 33.2% as of 1 p.m. ET. After the …

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  • Cryptocurrency News

    DJT stock sinks by double digits to reverse gains after Trump election win

    by skolnes November 7, 2024
    November 7, 2024

    Trump Media & Technology Group stock (DJT) sank by double digits on Thursday, falling as much as 22% to reverse the gains it enjoyed on Wednesday as Donald Trump clinched …

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  • Cryptocurrency News

    Stock market ‘exuberance’ looms ahead with Trump win

    by skolnes November 7, 2024
    November 7, 2024

    The stock market’s feverish rally following Donald Trump’s presidential election victory may have just been an early appetizer for a strong few months of gains. “Exuberance lies ahead,” Julian Emanuel, …

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  • Cryptocurrency News

    2 Healthcare Dividend Stocks That Are Screaming Buys in November

    by skolnes November 7, 2024
    November 7, 2024

    There is a lot of money flowing through the U.S. healthcare industry. According to the Centers for Medicare & Medicaid Services, America’s total health expenditures were $4.1 trillion in 2022, …

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  • Cryptocurrency News

    Dow, S&P 500, Nasdaq edge higher with Trump election win, Fed in focus

    by skolnes November 7, 2024
    November 7, 2024

    US stocks stepped higher on Thursday, eyeing a return to the Trump rally as investors mapped out the next president’s likely impact on markets and awaited the Federal Reserve’s policy …

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  • Cryptocurrency News

    DJT stock sinks double digits to reverse gains after Trump election win

    by skolnes November 7, 2024
    November 7, 2024

    Trump Media & Technology Group stock (DJT) sank double digits in premarket trading on Thursday, reversing the gains it enjoyed on Wednesday as Donald Trump clinched victory over Kamala Harris …

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