White House's Hassett says he expects Fed to cut interest rates in coming months
The Federal Reserve is likely to cut interest rates later this year, said Trump economic advisor Kevin Hassett on Wednesday. In a Fox Business News interview, Hassett said the economy is "doing well" ...
Big Tech stocks attempt rebound ahead of Fed policy decision
Big tech stocks were rising Wednesday, with an exchange-traded fund that holds them attempting to recover from back-to-back losses ahead of the Federal Reserve’s policy decision. The Roundhill ...
BGM Group Shares Rise After Deal to Buy AI Technology Company
BGM Group shares were up 14%, to $11.70, after the company said it was buying YX Managaement, a smart mobility technology company, in a deal valuing YX at $95 million.
Why this strategist still says U.S. stocks should trade at a premium to China’s
Viktor Shvets, the global strategist at Macquarie, asks the very fair question of whether the still enormous gap in valuation ...
Fed may not offer much to a market 'hungry' for guidance: Macquarie
Central banks like the Federal Reserve and the Bank of Japan are no longer "willing and able" to take the lead or play "rhythm-keepers" when it comes to macroeconomic policy, according to Macquarie ...
Were Nvidia's announcements bad news for Marvell? Analysts weigh in.
Nvidia is getting into co-packaged optics in its switching products, promising to deliver energy and cost benefits to consumers. Is that bad news for Marvell? The company "has the most to lose," ...
Investors crave clarity on the outlook from Powell, Zandi says
Soaked by the fire hose of economic-policy moves from the Trump White House over the past six weeks, investors would like a clear view on the outlook from Fed Chair Jerome Powell later Wednesday. With ...
10 financial planners and money pros on how they’d invest $10K right now
“I would put a good chunk into low-cost index funds like an S&P 500 ETF because you want solid, broadly diversified exposure ...
Most big cryptocurrencies rise as XRP jumps
Most large cryptocurrencies were up during U.S. morning trading on Wednesday, with XRP XRPUSD +12.87% seeing the biggest ...
Nvidia's stock is off to a better start on Wednesday
After dropping 3.4% in Tuesday's session, Nvidia shares are seeing better momentum shortly after Wednesday's open — up 1.4%. "While there were no big surprises in the keynote aimed at developers, the ...
Williams-Sonoma 4Q Results Beat Estimates Despite Broader Uncertainty, Issues FY25 Outlook
For fiscal 2025, Williams-Sonoma said it expects revenue to be in the range of a decline of 1.5% to growth of 1.5% due to the impact of one less week compared to the prior fiscal year. Over the ...
U.S. stocks open higher ahead of Fed rate decision
U.S. stocks were edging higher on Wednesday morning as investors awaited the Federal Reserve’s policy decision for more clues on the outlook for interest rates and the U.S. economy. The Dow Jones ...