Is the Stock Market About to Fall Sharply? Prediction Markets Flash a Warning, but Wall Street Sees Buying Opportunities.
Microsoft Stock Is Down 30% From Its Peak. History Says This Is What Happens Next.
US job market cools as hiring falls to lowest pace since 2011; Ozarks economy steady
SPRINGFIELD, Mo. (KY3) – New data shows the U.S. job market is cooling, with fewer people getting hired and fewer people quitting.
A report by the Bureau of Labor Statistics shows businesses added workers in February at the slowest pace since 2011, outside the pandemic.
The hiring rate dropped to 3.1%.
Read MoreMoody's top economist says the US job market is signaling that a recession is already underway
The economic downturn Wall Street has been fearing may have already arrived, according to Moody’s top economist.
Mark Zandi, the chief economist at Moody’s Analytics, said he’s been looking at one signal in particular that suggests the US economy may have already tipped into a recession.
Read MoreTech Stocks Are Experiencing Historic 50-Year Weakness. Should You Buy the Dip in This 1 ETF?
Chip makers just reminded the market how quickly sentiment in tech can turn. The latest compression method from Google researchers, which could sharply cut the memory needed for AI tasks, helped trigger a broad selloff in big semiconductor names and pulled the Nasdaq to fresh multi-month lows.
That slide came on top of mounting worries about the Iran war,
The Burst
Which AI Stock Is Best: NVIDIA or SMCI?
Artificial intelligence has been a driving force behind the U.S. stock market’s 20% plus rise in the past year. However, now that datacenters and AI chips are being implemented at scale, earnings releases are being scrutinized even more heavily to see if the massive investments will yield the promised returns.
No stock has exemplified the AI boom more than NVIDIA (NASDAQ: NVDA).
» Read more about: Which AI Stock Is Best: NVIDIA or SMCI? »
Read MoreThe Ivy
Will Palantir Split After Soaring 15x In 2 Years?
Shares of Palantir Technologies (NASDAQ:PLTR) have skyrocketed over the last year, gaining over 345% and handing shareholders returns that massively outperformed the stock market as a whole.
With such enormous gains under its belt, some investors are understandably curious about the possibility of a Palantir stock split. Today, we’ll look at whether a split is likely for PLTR shares or if the company will allow its shares to keep moving higher.
» Read more about: Will Palantir Split After Soaring 15x In 2 Years? »
Read MoreThe Spotlight
Market Commentary: Why Did Nvidia Go Up So Much?
A powerful investing lesson lies hidden in the movement of Nvidia this year. As the calendar turned to 2023, the stock was trading at $143 per share. Within fewer than two quarters, it had catapulted well above $300 per share. What could justify a 169% year-to-date return?