Veteran analyst stuns Wall Street with Fed interest rate forecast
With Kevin Warsh’s May 22 swearing-in ceremony as the Chair of the Federal Reserve for the next four years, the markets expect the central bank will continue to hold the benchmark interest rates steady despite President Donald Trump’s persistent demands for drastic cuts.
With the increasingly hot inflation reports and forecasts due to the energy shocks of the Iran War,
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Read MoreNasdaq 100, Dow Jones 30 and S&P 500 Forecasts – US Indices Looking for Buyers Early
The Dow Jones 30 has fallen early during the session, but it looks like the 49,000 level is going to continue to be a bit of a floor. Bouncing from there opens up the possibility of a move to the 50,000 level. If we break down below the 49,000 level, then the market is likely to test the 50-day EMA.
Read MoreWill The Stock Market Crash Before Summer? – 6 Moves For Boomer Investors to Do Now
The “Buy the Dip” financial news teleprompter readers and the 30-year-old portfolio managers who have never seen a market crash are always insisting that stocks are going to the moon. Market veterans and “Hey Boomer” professionals have seen this show before. In 1987, the DJIA plunged by a stunning 22% in a single day.
Read MoreStock Market Live May 19, 2026: S&P 500 (SPY) Still Slipping on Uncertainty
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With Nvidia earnings tomorrow, analysts are still upgrading the stock. Most recently, HSBC reiterated its buy rating on the tech giant, with a price target of $325 from $295.
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Read MoreHigh oil prices could tip the economy into a recession by July, according to a Wall Street strategist
With the Iran war approaching the end of its third month, the US economy is likely to start to feel the effects more acutely by early summer, a top strategist says.
Julian Emanuel,
Read MoreThe Burst
Uber’s $1 Trillion Moonshot
Uber isn’t just about getting you from point A to point B anymore. It’s stealthily becoming one of the most powerful tech platforms of the next decade, and the lynchpin in that transformation is autonomy.
While most investors still think of Uber as a ride-hailing and food delivery app, under the hood, the company is evolving fast.
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Read MoreThe Ivy
Is Ambiq the Answer to AI’s Biggest Blind Spot?
AI might be the future, but that future has a power problem. For all the fanfare surrounding generative AI, one inconvenient truth continues to lurk in the background, which is it consumes an extraordinary amount of energy.
And unless someone cracks the code on power efficiency, scaling AI beyond the data center and into billions of edge devices will remain an expensive dream.
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Read MoreThe Spotlight
AI Warren Buffett Is Finally Here
Before old Warren could hang up his gloves and call it a day at Berkshire Hathaway, a new wave of technology may well have taken his baton and started to run with it.
What do we mean? Well, it seems a new ETF has launched aimed at mimicking the moves of the top investors in the world.