US stock market today: Dow, S&P 500, Nasdaq futures edge lower as Fed rate hike fears return
Ksheera Sagar has been working as a Market Research Analyst at LiveMint for the past four years, covering stocks, commodities, and broader financial markets. In this role, he closely tracks daily market movements, corporate earnings, sector trends, and macroeconomic developments.
He has over a decade of experience in the financial services industry and has previously worked with multiple organisations,
Read MoreBank of America CEO predicts stronger US economy despite expectations for three Fed rate hikes
Bank of America CEO Brian Moynihan joins ‘Mornings with Maria’ to warn stablecoin legislation could hurt small business lending while discussing America 250 initiatives and the outlook for the U.S. economy.
Bank of America CEO Brian Moynihan offers his exclusive perspective on the state of the U.S.
Read MoreBig Tech's first half was a story of hardware versus software
The second quarter has come to a close, and it was a series of major ups and downs for the biggest names in tech. Chip stocks, outside of Nvidia (NVDA), had a blowout six months on euphoria around memory and storage sales and the need for traditional processors to power the AI build-out.
» Read more about: Big Tech's first half was a story of hardware versus software »
Read MoreSpaceX Stock Now Has a Price to Sales Ratio Over 115x. Is It Worth Buying Anyway?
Key Points
-
SpaceX has a sky-high valuation of about 116 times trailing 12-month sales.
-
The company’s revenue is likely to rise significantly in the next year or two, thanks to its massive AI compute deals.
-
Even after considering its expected growth,
Nvidia Stock Is Below $200 Per Share Again. Here's When It Could Hit $300.
Key Points
-
Nvidia is highly exposed to the AI infrastructure build-out.
-
The chipmaker expects major growth to occur again in 2027.
For a long time, Nvidia (NASDAQ: NVDA) was priced above $200 per share. Now,
» Read more about: Nvidia Stock Is Below $200 Per Share Again. Here's When It Could Hit $300. »
Read MoreThe Burst
3 Stocks Champion Traders Are Betting On
Dan Zanger is a revered name among traders. His legendary story of turning $11,000 into $18,000,000 over the span of a year and a half is not one we’ve been able to corroborate but regardless his profitability has not been questioned because his approach to trading is time-tested.
What Dan does that few academic finance professors would advocate is to put most of his eggs in a very few baskets.
» Read more about: 3 Stocks Champion Traders Are Betting On »
Read MoreThe Ivy
Billionaire Puts This AI Stock #1 (Hint, it’s not Nvidia)
While NVIDIA grabs the headlines, billionaire Stan Druckenmiller has pointed his canons towards Coherent Corp. (NASDAQ: COHR), making it the largest position in his portfolio. What is it about this stock that has warranted such a large stake and why did Stan put so many eggs in its basket?
» Read more about: Billionaire Puts This AI Stock #1 (Hint, it’s not Nvidia) »
Read MoreThe Spotlight
A Fast-Growing DIAMOND Stock To Own
The global market for fine jewelry has always been massive, but it got an unexpected boost from COVID-19. In one poll, 30 percent of consumers said they bought more jewelry during the pandemic, and nearly 50 percent said they continued to purchase the same amount they always had.