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2 mins read
Stock market today: US stocks edge higher as investors assess path of Fed rate cuts
"Fed Funds Futures are discounting a steady diet of rate cuts over the next 12 – 16 months," DataTr…
Matthew Fox
2 mins read
All eyes are on Nvidia earnings this week in the stock market
Wedbush analyst Dan Ives called the upcoming Nvidia quarterly results on Wednesday the "most import…
Matthew Fox
2 mins read
Salesforce plunges 21% after it reports its first revenue miss since 2006
"We would be buyers on weakness this morning as seeing the forest through the trees this is a turna…
Matthew Fox
2 mins read
Stock market today: US stocks extend losses ahead of new inflation data
Investors will get a fresh inflation reading, with implications for Fed policy as the markets heads…
Max Adams
2 mins read
Stock market today: Sell-off continues as markets digest new data, brace for PCE
The stock market continued to sell off on Thursday, with the Dow shedding close to 300 points. Trad…
Max Adams,Matthew Fox
2 mins read
The Fed has poured rocket fuel on the red-hot AI trade
"The Fed finally ripped the band-aid off and cut 50 bps with a dovish dot plot into 2025 that we vi…
Matthew Fox
1 min read
Elon Musk is close to breaking his $340 billion wealth record as Tesla stock keeps rising
Elon Musk has grown about $105 billion richer this year, boosting his net worth to a near-record $3…
Theron Mohamed
2 mins read
The Biden administration wants to quadruple taxes on stock buybacks
Goldman Sachs estimates there will be a record $1 trillion worth of corporate stock buybacks in 202…
Matthew Fox
1 min read
Stock market today: US futures drop ahead of key economic growth figures
S&P 500, Nasdaq 100, and Dow Jones Industrial Average futures fell as Wall Street worried that stro…
Theron Mohamed
2 mins read
The 10 stocks most popular with hedge funds right now, according to Goldman Sachs
Goldman Sachs' VIP hedge fund basket is up 8.7% year-to-date, outpacing the S&P 500's 5.1% return.
Matthew Fox
1 min read
Elon Musk got his big payday. But Salesforce's Marc Benioff might not be so lucky.
Shareholders' vote against a plan for an independent board chair leaves Benioff in the seat. The co…
Meghan Morris
2 mins read
An ETF that tracks the stock trades of Democrats in Congress has been beating the S&P 500 on the strength of Magnificent 7 tech bets
The Unusual Whales Democratic ETF is heavily weighted towards some of the market's hottest stocks, …
Matthew Fox
2 mins read
Salesforce could spark a broader rally in the tech sector after better-than-feared earnings results, Wedbush says
Salesforce surged 10% on Wednesday after the company raised its full-year adjusted operating margin…
Matthew Fox
1 min read
Salesforce stock has 26% upside as Marc Benioff's company shows resolve on 'disciplined growth,' Bank of America says
Bank strategists said the company's latest earnings report, which beat expectations, showed the tec…
Phil Rosen
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
Elon Musk is $100 billion richer than in April thanks to Tesla's stock surge — and worth more than McDonald's or Pepsi
Tesla CEO Elon Musk has staged a $100 billion comeback after a $65 billion wealth drop in the sprin…
Theron Mohamed
1 min read
Exxon has soared more than 150% to a record high since it was dropped from the Dow Jones Index as oil surges while replacement Salesforce has fallen 30%
On Wednesday, Exxon Mobil stock soared to its first new record high in eight years, and now hovers …
Phil Rosen
2 mins read
Salesforce rises as the software maker lifts earnings outlook after completing its acquisition of Slack
Salesforce's outlook follows the July 21 closing of its $27.7 billion acquisition of workplace mess…
Carla Mozée
3 mins read
A software engineer worked at Tesla, SAP, and Salesforce. Here's how he negotiated his salary, including a $520,000 Meta offer.
Meta engineer Hemant Pandey shared his compensation journey since he broke into tech in 2018, inclu…
Shubhangi Goel
2 mins read
The AI boom will power 2 big stock market trades over the next decade, Goldman Sachs says
"The estimated AI-driven earnings boost is likely to occur over the next few years, but should be r…