Dow and Nasdaq stock set for another mixed open ahead of Fed decision
US market liveblog: stocks set for mixed open ahead of Fed decision
US stocks are set for a mixed open on Wednesday as investors look ahead to the Federal Reserve’s latest interest-rate decision, while renewed tensions in the Middle East and continued pressure on semiconductor stocks cloud the mood.
» Read more about: Dow and Nasdaq stock set for another mixed open ahead of Fed decision »
Read MoreMicron Stock: Buy When There's Blood In The Streets (Rating Upgrade)
20.87K Followers
To follow me click the “Follow” button! (Easy right?)Hi there, thanks for coming to my profile page! My name is Kumquat Research (but you can call me Jeremy) and I’ve been writing for Seeking Alpha on and off for going on ten years now,
» Read more about: Micron Stock: Buy When There's Blood In The Streets (Rating Upgrade) »
Read More1 Unstoppable Growth Stock That Could Soar if a Bear Market Is Coming
The stock market has experienced significant volatility this year, as geopolitical tensions in the Middle East, rising inflation, concerns about potential interest rate hikes, and elevated valuations have set investors on edge. As a result, the S&P 500 is down 3% from its recent record high at recent prices, while the Nasdaq-100 is down by 9%.
» Read more about: 1 Unstoppable Growth Stock That Could Soar if a Bear Market Is Coming »
Read MoreBuffett's Berkshire Hathaway holds a record $397 billion in cash. Is a market crash coming — should you follow his lead?
This article adheres to strict editorial standards. Some or all links may be monetized.
For most investors, nearly $400 billion in cash (1) would seem like a missed opportunity. But for Warren Buffett and Berkshire Hathaway, it’s a deliberate strategy.
The conglomerate is now sitting on a record $397 billion in cash,
Read MoreOil prices jump, while the Dow drops more than 1,100 as sinking AI stocks drag Wall Street lower
NEW YORK (AP) — Oil prices got back to jumping on Wednesday, while sinking technology stocks dragged Wall Street lower amid uncertainty about what the Federal Reserve will do to get high inflation under control.
The S&P 500 fell 1.5% after swinging sharply between gains and losses in the last hour of trading.
Read MoreThe Burst
Will Costco Join The Mag 7?
When you think about the companies that have cracked the trillion-dollar market cap, your mind probably jumps straight to the Mag 7, including Microsoft, Nvidia, Apple, and Amazon. These firms dominate the digital infrastructure we all rely on.
But here’s something you won’t find on the list: a brick-and-mortar retailer. Not Walmart. Not Target.
» Read more about: Will Costco Join The Mag 7? »
Read MoreThe Ivy
Will Prediction Markets Disrupt DraftKings?
DraftKings and FanDuel have long dominated U.S. online sports betting, thanks to their early entry via daily fantasy sports.
That first-mover advantage, combined with cutting-edge technology and deep brand recognition, let both companies capture the lion’s share of the market as sports betting rolled out state by state.
But a new kind of competitor is emerging that could rewrite the rules of online wagering.
» Read more about: Will Prediction Markets Disrupt DraftKings? »
Read MoreThe Spotlight
Is Coca-Cola The #1 Stock During the Next Market Meltdown?
The recent market rebound feels more like a shaky truce than a confident comeback. Sure, stocks have climbed back from bear territory since April, but between persistent inflation and rising geopolitical tensions (hello, Middle East), the whole thing still feels like a house of cards.
So what do you do if you’re worried the next leg down is coming?
» Read more about: Is Coca-Cola The #1 Stock During the Next Market Meltdown? »