Tag: Breaking News: Markets
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SpaceX gives Nvidia a much-needed boost. Plus, Cramer on an ‘undervalued’ stock
The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.
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We’re pocketing gains in two tech stocks that are hitting new record highs
Even though the fundamentals look more promising, we want to be disciplined about rallies in the stocks and take profits along the way.
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Bank of America spends $250 million a year on GLP-1 drugs for its employees, CEO says
Employers have grappled with soaring demand for GLP-1 drugs such as Ozempic and Wegovy, which can cost thousands of dollars per patient annually.
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Chipmaker Broadcom is breaking out. How Tony Zhang is trading it
Broadcom is growing AI semiconductor revenue at triple-digit rates, converting nearly half of revenue into free cash flow, writes Tony Zhang.
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Situational Awareness hedge fund meltdown was a warning shot for leveraged markets, BofA CEO says
Bank of America was among the prime brokers for the hedge fund, which is run by Leopold Aschenbrenner.
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We’re adding to our position in a chipmaker as the AI trade regains its footing
The stock is still well below levels it traded at last month after earnings.
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Here are Wednesday’s biggest analyst calls: SpaceX, Nvidia, Apple, AMD, Pinterest, Arista Networks & more
Here are the biggest calls on Wall Street on Wednesday.
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Stock bears obliterated as Nasdaq 100 logs top 10 bullish stat of past decade
“Pessimists threw in the towel and optimism was running amok today,” said Nations Indexes president Scott Nations.
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Fed’s Kashkari says ‘now is the time to start slowly moving’ rates up
Kashkari was one of three dissenters at last week’s Federal Open Market Committee meeting.
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Saudi wealth fund and Jared Kushner’s Affinity finalize $55 billion EA Sports deal
EA said its stock has ceased trading and will be delisted from the Nasdaq. Its shareholders will receive $210 in cash per share.
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