Tag: Breaking News: Markets
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Jeffrey Gundlach says the bond market is telling Warsh the Fed has to start acting on inflation
Gundlach said the divergent moves across the Treasury curve showed investors’ skepticism that the Fed will ultimately follow through.
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Chipotle hikes same-store sales forecast as diners return for burrito bowls
Chipotle Mexican Grill stock has fallen more than 7% this year, dragging its market value down to roughly $44 billion.
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Starbucks stock jumps as coffee giant raises full-year outlook
Starbucks posted its fourth straight quarter of same-store sales growth, as it continues a turnaround under CEO Brian Niccol.
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Fed keeps rates steady. The big question now: What will Microsoft and Meta say on AI capex?
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
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Novartis chart may soon ‘complete a well-defined bullish reversal,’ Cappelleri says
The Swiss drugmaker reported earnings a few days ago and, so far, has done a good job holding near its recent highs.
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Here’s what changed in the second Fed statement under Warsh
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in June.
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Divided Fed holds interest rates steady, but three members voted to hike
Despite increasing support for a rate increase, the Federal Open Market Committee voted 9-3 to leave the federal funds rate in a range between 3.5% and 3.75%.
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Apple shares just hit a record. Here’s how trader Mike Khouw is playing the move
Even as broader tech names and momentum plays have faltered, Apple has hit new all-time highs.
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Stocks making the biggest moves midday: Caterpillar, Vertiv, SoFi Technologies, AMD & more
Here are some of the companies making headlines in midday trading.
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Short sellers are wasting no time pouncing on SK Hynix U.S. shares after their debut this month
The rapid buildup in short interest underscores how traders are wasting little time betting against one of AI’s biggest hardware beneficiaries.
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