The US Federal Reserve on Wednesday trimmed its key interest rate by a quarter percentage point, lowering the target range to between 3.75 per cent and 4 per cent.
Please click here for an enlarged chart of Meta Platforms Inc (NASDAQ:META).
Note the following:
» Read more about: A Must See Chart for Those in the AI Trade; Trump Xi Meeting 'Amazing' »
Latest reports about iPhone 17 sales are likely to be a tailwind for the company.
A big chunk of iPhone users are expected to upgrade their devices.
This is turning out to be a very important week for the US stock market. The largest Bitcoin Treasury Company, Strategy (MSTR) and the world’s most valuable brand, Apple (AAPL) are set to report their earnings today, following in the footsteps of Meta, Google and Microsoft, who released their earnings yesterday.
Phil Green, chairman and CEO of San Antonio-based Cullen/Frost Bankers Inc., the parent company of Frost Bank, said its “strong financial performance” in the third quarter was “across the board.”
» Read more about: Frost Bank parent keeps humming, once again smashes Wall Street's expectations »
<!– Legacy Bulma: `live-update-content` opening
» Read more about: CoreWeave and Nebius Are Solid Stocks to Bet on AI Infrastructure Explosion »
NEW YORK (AP) — The U.S. stock market is drifting around its record heights on Thursday, as Wall Street sifts through mixed developments on everything from the U.S.-China trade war to profits for Big Tech behemoths.
The S&P 500 slipped 0.3% and edged a bit further from its all-time high set on Tuesday.
It’s hard to avoid the fearful “AI bubble” comments these days, especially as the big technology companies move into earnings where, of course, there’s a fairly high bar. Amazon and Taiwan Semiconductor can give you pause and are actually value picks right now.
And while it’s been a while (Liberation Day) since we’ve had a big correction,
» Read more about: 2 AI Value Stocks That’ll Have You Thinking There’s No Bubble »
NVIDIA Corp.‘s (NASDAQ:NVDA) market cap just did what no company in history has: crossed the $5 trillion threshold, and ETF investors are racing to catch the wave.
The milestone, fueled by blockbuster AI deals and surging chip demand,
» Read more about: Nvidia's $5 Trillion Milestone Turns These AI ETFs Into Hot Trades »
Right now ahead of Halloween, the real suspense might be in ETF investing strategies. With markets seesawing between hopes for rate cuts and the resilience of earnings, investors are dusting off one of Wall Street’s spooky old sayings: Sell in May and go away.
» Read more about: Top 6 ETFs To Watch As Wall Street's Strongest Six Months Begin »