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2 mins read
The stage is set for 2 rate cuts this year, but investors need to be careful adding more exposure to the stock market, JPMorgan strategy chief says
The data is pointing to two rate cuts this year, but stocks are in for a "significant correction," …
Jennifer Sor
3 mins read
'The worst is in the rear-view mirror': Why Wall Street thinks Tesla's comeback story is finally here
Tesla could have better days ahead as investors eye its Robotaxi and Musk puts his legal drama to b…
Jennifer Sor
2 mins read
Tesla is about to embark on a 2nd half rally as the company's comeback story is starting, Wedbush's Dan Ives says
Tesla will finally make a comeback in the second half as it sees the "last of the worst news" for d…
Jennifer Sor
2 mins read
Nvidia will hit a $6 trillion valuation by the end of the year as investors start to realize how cheap the stock is, hedge fund manager says
"Even though the stock has done so well, it is still relatively cheap compared to where it was trad…
Matthew Fox
2 mins read
Nvidia has shed $431 billion in market cap in just 4 days after briefly becoming the world's most valuable company
Nvidia, which was the world's most valuable company just last week, is now worth $2.9 trillion, mak…
Matthew Fox
2 mins read
Stock market today: US stocks slip as Nvidia sell-off drags tech lower
Fed President Mary Daly said that the US labor market is showing signs of an inflection point that …
Matthew Fox
3 mins read
7 reasons Nvidia is poised to soar 67% as its rally continues for the next 2 years, according to a Wall Street research firm
"They've been in this market for quite some time and the competitors are behind by 24 months," Cons…
Matthew Fox
2 mins read
Stock market today: US stocks close mixed but gain for the week as the AI trade stumbles
Investors are closely monitoring new economic data, as murmurs grow of a potential interest rate cu…
Matthew Fox
1 min read
A stock market correction is coming as rates, inflation, and valuations darken the outlook for investors, strategist says
The S&P 500 is poised for a 5% drop, according to CFRA chief investment strategist Sam Stovall.
Jennifer Sor
3 mins read
'We're not backing down:' How the West plans to use Russia's frozen funds, and why some say it's still not enough to help Ukraine
G7 leaders reached a compromise agreement to use profits from Russia's frozen assets as collateral …
Filip De Mott
3 mins read
The AI boom is unraveling the most dominant tech trade of the last decade
"The cart is in front of the horse as it relates to GenAI software, there's just no applications," …
Matthew Fox
2 mins read
Stock market today: US stocks end the week higher after cool inflation, Apple AI hype
The Nasdaq 100 closed at a record high every day this week amid continued investor excitement towar…
Matthew Fox
2 mins read
Stock market today: Indexes edge lower after hitting records on cooling inflation
Outgoing Fed President Loretta Mester told CNBC on Friday that recent disinflation data supports th…
Matthew Fox
2 mins read
The tech momentum trade that's pushing stocks to records can last a lot longer, Jeremy Siegel says
"Often times it gets over done at the end, but the end is often further into the future than many p…
Matthew Fox
2 mins read
Longtime Tesla investor says Elon Musk's proposed $56 billion pay package is 'outrageous' amid poor stock performance
Musk's pay package would be "outrageous" even if it were slashed in half, according to Tesla invest…
Jennifer Sor
2 mins read
A major copper miner thinks it's got a way to turbocharge output without having to open new mines
Freeport-McMoRan CEO Kathleen Quirk told Bloomberg it's developed a way to boost copper without ope…
Filip De Mott
2 mins read
Analysts are warning there could be zero rate cuts in 2024 - and stocks could suffer if the Fed doesn't move
Some analysts expect no rate cuts in 2024, as the economy is strong and inflation stays above targe…
Filip De Mott
2 mins read
Tesla stock is set to drop as Elon Musk's $56 billion pay package unlikely to get approved, Wall Street analyst says
"This pay package is ridiculous, and I know he's mad, he'll say I'm absurd to say that. I'm sorry E…
Matthew Fox
1 min read
Nvidia surpasses Apple to become the 2nd-most-valuable company in the world
Nvidia, the chip maker powering the AI boom, has turned into one of the world's most valuable compa…
Matthew Fox
2 mins read
Elon Musk diverting Nvidia chips from Tesla to X shows the EV maker is not his priority, longtime Tesla investor Ross Gerber says
"Tesla is kind of the bottom of the pecking pole of Elon's companies," longtime shareholder Ross Ge…