Dow Jones Industrial Average rises to retest 46,000 ahead of Fed rate call
- The Dow Jones saw hopeful gains ahead of the Fed’s latest interest rate decision.
- The Fed is broadly expected to deliver a quarter-point cut, but edge case for 50 bps remains.
- Rate traders are primarily concerned about whether or not the Fed will pivot into three straight rate cuts.
» Read more about: Dow Jones Industrial Average rises to retest 46,000 ahead of Fed rate call »
Read MoreStubHub Stock Opens Above IPO Price in First Trading Session
Key Takeaways
- StubHub shares started trading on the stock market today, opening above their IPO price.
- The company sold 34 million shares for $23.50 each, raising some $800 million for the online ticket reseller.
- StubHub’s deal was the latest to land in a busy IPO market,
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Read MoreWill engage with government to allow banks, insurers, pension funds in non-agri commodities: Sebi’s Tuhin Kanta Pandey
A proposal to allow FPIs to trade in non-cash, non-agricultural commodity derivative segment is also under examination, Sebi chairman Tuhin Kanta Pandey said.
The Securities and Exchange Board of India (Sebi) plans to engage with the government to increase institutional participation in the commodity derivatives segment,
Read MoreLennar Q3 Preview: Will Fed Cuts, Falling Mortgage Rates Boost Warren Buffett-Owned Stock?
Homebuilding company Lennar Corporation LEN could highlight falling mortgage rates and the impact of a potential rate cut when the company reports third-quarter financial results Thursday after market close.
Here are the earnings estimates,
US Federal Reserve cuts rates to boost economy
After weeks of pressure from the White House, the US Federal Reserve (Fed) finally shifted course on Wednesday, September 17, announcing a quarter-point cut to its benchmark interest rates. Rates now stand between 4% and 4.25%, the lowest level in three years.
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Read MoreThe Burst
The Monopoly Behind AI Chips
If you want to understand the real bottleneck in semiconductors, it isn’t wafers, fabs, or even chip designers like Nvidia. It’s the machines that etch impossibly small patterns onto silicon. And in that game, there’s just one winner, ASML.
ASML isn’t just another chip equipment supplier. It has something no one else on Earth can build,
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Read MoreThe Ivy
Which Semi Giant Is the Better AI Stock Right Now?
Two names dominate the foundation layer of the AI economy, ASML Holding and Taiwan Semiconductor Manufacturing. They are not competitors in the traditional sense, ASML makes the tools, while TSMC makes the chips, but investors often find themselves choosing between the two.
Let’s break down the opportunities and risks for each, and see which one looks like the stronger bet for AI investors today.
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Read MoreThe Spotlight
Why Roblox Stock Has Doubled & Might Just Be Getting Started
If you blinked, you might have missed it, Roblox (NYSE: RBLX) has turned into one of the hottest stocks of 2025.
Up over 2x year-to-date, the company’s market cap has surged past $80 billion, stunning many who once dismissed the platform as a pandemic fad. But here’s the best part, there’s reason to believe Roblox is only just getting warmed up.
» Read more about: Why Roblox Stock Has Doubled & Might Just Be Getting Started »