BABA, LAC, FCX, QURE, and Beyond
BABA, LAC, FCX, QURE and more Check out the companies making headlines in midday trading: Freeport-McMoRan — The mining company’s stock tumbled nearly 12% after it declared force majeure at its Grasberg mine in Indonesia. Freeport halted activity at the mine earlier this month after a mud rush led to a fatal accident. In addition, […]
Examining Our Energy Stocks, Featuring an A+ Performer
A look at our energy stocks, including an A+ name (This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh — “There are three kinds of lies,” Mark Twain once apocryphally said. “Lies, Damned Lies, and Statistics.” Lying with statistics, or, at […]
How GE Spinoff Vernova Leveraged AI to Soar in the Stock Market
How GE spinoff Vernova rode the AI trade to the top of the stock market General Electric could not have chosen a better moment to launch its energy businesses as an independent company, CEO Scott Strazik said one month before GE Vernova debuted on the New York Stock Exchange. “Now that’s a big statement,” Strazik […]
Stock Market Milestones, Fed Interest Rate Cuts, Trading Insights, and New iPhone Releases
Stock market records, Fed rate cut, trades, and new iPhones The stock market reached records again this week, propelled by the Federal Reserve’s decision to cut interest rates for the first time since last December. The S & P 500 and Nasdaq hit a number of all-time closing highs this week, one as recently as […]
Investors Approach Fed Decision with Highest Optimism Since February
Investors head into the Fed decision at their most bullish since February Sentiment is high heading into the Federal Reserve decision. Investors are at their most bullish since February, according to the latest global fund manager survey released Tuesday from Bank of America Securities. The Wall Street firm said the survey’s broadest sentiment measure — […]
Two Key Trends to Watch in the Stock Market Next Week
Here are the 2 big things we’re watching in the stock market in the week ahead The week ahead on Wall Street is largely about the Federal Reserve – not so much the widely expected interest rate cut, but what central bankers signal about the path forward. There are also two Club names holding investor […]
Jim Cramer: This Stock is a Must-Buy Following the Dismal August Jobs Report
Jim Cramer says this is the stock to buy after the weak August jobs report It’s finally Home Depot’s time to shine. “[Home Depot] is about to go higher. That’s what you buy right here, right now,” Jim Cramer said on CNBC’s “Squawk on the Street” on Friday morning. Jim’s commentary came after a weak […]
Wall Street’s Leading Analysts Suggest These 3 Stocks for Long-Term Investors
Top Wall Street analysts recommend these 3 stocks for long-term investors Concerns about an artificial intelligence (AI) bubble and macroeconomic uncertainties are affecting the stock market. Investors can look beyond short-term fluctuations, however, and focus on buying stocks that can deliver attractive returns over the long term. With their thorough research and in-depth analysis, top […]
Nvidia Receives Multiple Positive Endorsements Ahead of This Week’s Earnings Report
Nvidia gets a series of positive endorsements Monday ahead of earnings this week Analysts across Wall Street are feeling good about Nvidia ahead of the graphic processing unit designer’s earnings report due out after Wednesday’s closing bell. Several sell-side shops pointed out that hyperscalers — which make up Nvidia’s primary customer base — have already […]
Powell Suggests Conditions Might Justify Interest Rate Cuts as Fed Moves Forward with Caution
Powell indicates conditions ‘may warrant’ interest rate cuts as Fed proceeds ‘carefully’ Federal Reserve Chair Jerome Powell on Friday gave a tepid indication of possible interest rate cuts ahead as he noted a high level of uncertainty that is making the job difficult for monetary policymakers. In his much-anticipated speech at the Fed’s annual conclave […]