‘This party is going to continue’: Nvidia and a $1 trillion AI boom will boost tech stocks, Dan Ives says
“Everything we’re seeing from … Nvidia … this party is going to continue … for the next six to eight quarters,” the Wedbush tech analyst says.
How Fed rate cuts affect the global economy
Federal Reserve interest rate decisions can influence the trajectory of the U.S. economy and create spillover effects in parts of the global financial system.
Bitcoin whipsaws after Fed cuts interest rates for the first time in four years: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry….
Gold has rallied ahead of Fed rate cuts. Here’s why there could still be more upside
Gold often rallies after Fed rate cuts, but it has already raced ahead of stocks in 2024.
Apple could fall to $200 on iPhone worries and that’s when you buy, says Morgan Stanley
Concerns about iPhone lead times could send Apple shares lower in the near term, according to Morgan Stanley.
Fed meeting recap: Chair Jerome Powell defends central bank’s decision to go big with first cut
The Federal Reserve slashed interest rates by 50 basis points at the conclusion of its September policy meeting.
Stocks making the biggest moves midday: Intuitive Machines, U.S. Steel, Victoria’s Secret and more
These are the stocks posting the largest moves in midday trading.
Biotech stocks are an unappreciated way to profit from lower rates, Goldman says
As investors await the Fed rate decision Wednesday afternoon, Goldman highlighted to clients an overlooked group of stocks poised to benefit from the move.
These are the stocks that do best immediately after the first Fed rate cut of a cycle
The top 10 stocks that perform the best three months after an initial cut include a megacap name and some big retailers.
Hezbollah devices explode again in Lebanon, raising fears of wider Israel conflict
Hand-held radios used by Hezbollah detonated late on Wednesday afternoon across Lebanon’s south and in Beirut’s southern suburbs, sources told Reuters.
