The Fed expects to cut interest rates by another half a percentage point before the end of the year
Federal Reserve Chairman Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy on July 31, 2024 in Washington, USA. Kevin Mohatt | Reuters The Federal Reserve has forecast…
The Fed is finally cutting interest rates. How the stock market will develop historically from here
The Federal Reserve cut interest rates for the first time in four years on Wednesday. Let’s take a look at how stocks performed at the start of previous easing cycles. How things play out from here will largely depend on…
Fed rate cut: The Fed rate cut cycle begins today. How it could affect the prices of your stocks
After four years on the global markets, the US Federal Reserve is marking the beginning of a new phase of the rate-cutting cycle. It will cut rates from the current 23-year high between 5.25% and 5.50%. As for the stock…
Tom Lee, who was rightly optimistic, is becoming cautious and sees a decline of 7 to 10 percent
Equity strategist Tom Lee expects the stock market to be in turmoil over the next eight weeks, although he believes a dip could be a buying opportunity for investors. Lee’s shares could decline 7 to 10 percent as investors ride…
Bloomberg Evening Briefing: Inflation data suggests a half-percentage-point rate cut is not possible
There was good news and bad news on U.S. inflation on Wednesday. The good news is that headline inflation is continuing its downward trend toward the 2% threshold desired by the Federal Reserve. The bad news is that if you…
Ken Griffin’s Wellington hedge fund achieves 1 percent gain in August
Ken Griffin, founder and CEO of Citadel, speaks at the 2024 Milken Global Conference at the Beverly Hilton in Beverly Hills, California on May 6, 2024. David Swanson | Reuters Billionaire investor Ken Griffin’s hedge fund group at Citadel posted…
2 Hypergrowth Artificial Intelligence (AI) Stocks With Up to 243% Upside Potential, According to Select Wall Street Analysts
Investors have been waiting for decades for a new innovation or trend that could do for the American economy what the Internet did some three decades ago. After much patience, the artificial intelligence (AI) revolution seems to be answering that…
This is why Nvidia’s share price has fallen
Will Nvidia’s share price continue to rise? The share price of Nvidia, a leading maker of AI chips, is rebounding after reporting first-quarter revenue of $26 billion and is above $1,000 per share. Shares of California-headquartered chipmaker Nvidia fell after…
Nvidia’s Blackwell deliveries for 2025 will be a “firework” for the stock
Nvidia (NVDA) reported its sixth consecutive earnings increase after the market closed on Wednesday. The technology giant’s second-quarter results beat estimates for both revenue and profit. Despite beating estimates, Nvidia shares still fell after the quarterly report was released. To…
