Cryptocurrency News
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1 Stock-Split Stock Set to Join Nvidia, Apple, Microsoft, Amazon, Alphabet, and Meta In the $1 Trillion Club
The U.S. economy has a stellar track record of producing the world’s most valuable companies. United States Steel became the first $1 billion company in 1901. General Motors then rode…
Wall Street’s New Era Off to Rocky Start as Fed Sows Doubts
(Bloomberg) — Jerome Powell delivered exactly what traders up and down Wall Street had long hoped for: A big interest-rate cut that would justify this year’s steep rally in stocks…
Fed outsized rate cut draws muted reaction, but calm may not last
By Saqib Iqbal Ahmed, Suzanne McGee and Carolina Mandl NEW YORK (Reuters) – Investors who anticipated furious market swings following the U.S. Federal Reserve’s bumper rate cut saw more of…
Analysis-After jumbo Fed rate cut, market hopes ride on US soft landing
By Lewis Krauskopf and Davide Barbuscia NEW YORK (Reuters) – One of the most consequential Federal Reserve meetings in recent history has put investors’ focus squarely on one question: whether…
The stock market got just what it wanted from the Fed
Federal Reserve Chair Jerome Powell said the central bank believed the economy was in good shape and unemployment was still relatively low.Jose Luis Magana/AP The Fed just issued its first…
Asian markets forge higher after Fed’s first rate cut in over 4 years
Asian markets forged higher on Thursday after the Federal Reserve kicked off its efforts to prevent a recession in the U.S. with a bigger-than-usual cut to interest rates. In Tokyo,…
Stocks and dollar gain as Fed charts ‘soft landing’ path
By Tom Westbrook SINGAPORE (Reuters) – The dollar bounced, long-dated bond yields were up and Asian stocks mostly rose after the U.S. Federal Reserve began its easing cycle with a…
4 charts show why Wall Street’s most bullish strategist expects the stock market to triple by 2030
Cindy Ord/Getty Images for Yahoo; iStock; Rebecca Zisser/BI Fundstrat’s Tom Lee expects the S&P 500 to top 15,000 by 2030. Demographic trends, millennial spending habits, and technology advancements will be…
Asian Equities Brace for Fed Effect, Yen Slips: Markets Wrap
(Bloomberg) — Asian equities braced for a tailwind from the Federal Reserve’s half-point rate cut and signs of further policy easing in the months ahead. Most Read from Bloomberg Japanese…
Stocks Will Continue to Rally After Sharp Fed Rate Cut, Investors Say
(Bloomberg) — US equities will climb through the rest of the year with the Federal Reserve’s aggressive interest-rate cut bolstering the chances of a soft landing for the economy, according…
Has Nvidia Stock Peaked? These Words From the CEO May Suggest What’s Next
Over the last two years, the prospects of artificial intelligence (AI) have become a bellwether for the technology industry. Among a long list of AI investment opportunities, semiconductor companies have…
Fed goes big, markets yo-yo
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. “Go big, and go bold,” was the advice to Fed Chair Jerome Powell and colleagues from…
Federal Reserve cuts interest rates by half a percentage point, stocks end lower
The Federal Reserve signaled Wednesday it would lower interest rates two more times this year after it slashed its benchmark federal funds rate by 50 basis points to a range…
Wall Street Reacts to ‘Dovish’ First Fed Rate Cut in 4 Years
(Bloomberg) — Traders added to bets on further easing by the Federal Reserve and the dollar ticked lower after the US central bank cut interest rates by a half-point in…
S&P 500, Gold Strike All-Time Highs, Small Caps Rally After Fed Slashes Interest Rates For First Time In 4 Years (UPDATED)
S&P 500, Gold Strike All-Time Highs, Small Caps Rally After Fed Slashes Interest Rates For First Time In 4 Years (UPDATED) Editor’s note: This story has been updated with additional…
Federal Reserve cuts interest rates by half a percentage point, stocks rise
Real estate stocks could extend their rally, assuming the Fed makes its first interest rate cut in four years. However, the size of the rate cut matters, according to one…
The more markets price in a jumbo rate cut, the more likely the Fed is to deliver, analyst says
Federal Reserve Board Chairman Jerome PowellKevin Dietsch/Getty Images Traders see heightened odds of a big initial rate cut from the Federal Reserve this week. As markets price in rising odds…
Oracle Of Omaha Sends A Warning? Buffett’s Aggressive Bank Of America Stock Sales Raise Eyebrows
Oracle Of Omaha Sends A Warning? Buffett’s Aggressive Bank Of America Stock Sales Raise Eyebrows Warren Buffett, the “Oracle of Omaha,” is at it again and people are starting to…
Bank of America Takes a Bullish Stance on These 2 Stocks
The Federal Reserve’s FOMC committee will meet today, and with the pace of inflation down to an annualized rate of 2.5%, the conventional wisdom expects the central bank to start…
JPMorgan’s Jamie Dimon downplays Fed rate cuts: ‘It’s a minor thing’
JPMorgan Chase CEO (JPM) Jamie Dimon is one big Wall Street figure who isn’t that concerned about what the Federal Reserve does at the end of its policy meeting Wednesday.…
AMD Investors Just Got Some Bullish News
Advanced Micro Devices (NASDAQ: AMD) just rose to the occasion in an important contract negotiation. Sony (NYSE: SONY) put AMD’s contract for PlayStation processors up for grabs, and mighty Intel…
Analyst Report: OGE Energy Corp.
Analyst Report: OGE Energy Corp. Source Link
Energy Transfer’s Co-CEO and Executive Chairman Just Added to Their Stakes in the Company. Should You Invest in It Too?
Insiders have been buying units of Energy Transfer (NYSE: ET) hand over fist lately. Co-founder and Executive Chairman Kelcy Warren recently bought another 3 million units of the midstream giant,…
Futures tread water as investors brace for Fed rate cut
(Reuters) – U.S. stock index futures were subdued on Wednesday as skittish investors waited for the Federal Reserve to cut interest rates for the first time in more than four…