The Fed will only cut rates once this year because the US economy is too strong, market vet says
Inflation is on its way to the Fed's target, and the job market is likely to perk back up, Ed Yardeni predicted.
Inflation is on its way to the Fed's target, and the job market is likely to perk back up, Ed Yardeni predicted.
Trading using borrowed money, or margin trading, in Japan's stock market fell sharply last week as investors were forced to dump stocks during the Nikkei index's biggest fall in nearly 40 years. Margin trading, which involves using borrowed cash from brokerages to ramp up bets in the stock market, is popular among Japanese retail investors.
Shares Jumped 14% in Extended Trading
Shares of coffeemaker Starbucks (SBUX) received a jolt of nearly 25% yesterday on news that Chipotle (CMG) CEO Brian Niccols, who is a star when it comes to leadership, will be taking over as CEO in September. Even after this incredible one-day gain (the stock’s largest ever), shares of Starbucks could have plenty of upside ahead. I’m bullish on Starbucks based on the excellent choice it made in the hiring of its new CEO, the company’s reasonable valuation, and its attractive 2.4%-yielding divid
(Bloomberg) -- Singaporean state-owned investor Temasek Holdings Pte spent billions of dollars in the second quarter buying shares in US technology giants, just before the sector dropped in July.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionJohannesburg Mayor Quits Amid Infighting, Financial WoesTem
Intel's share price has plummeted 60% in 2024, and the company has a lot of proving to do.
"We would be inclined to only slightly lower our S&P 500 forecast of 6,500 by end-25, if Trump won," Capital Economics said.
(Bloomberg) -- AstraZeneca Plc has become the first British company to be valued at more than £200 billion ($257 billion) after a big bet on cancer drugs helped drive a rally in the shares. Most Read from BloombergBiden Invests $100 Million to Fuel Housing ConstructionIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestJohannesburg Mayor Quits Amid Infighting, Financial WoesHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceGottheimer Calls for Rail Riders t
Indian instant delivery startup Zepto has finalized a $340 million round that values it $5 billion, up from $3.6 billion in June and $1.4 billion last August, as the startup races to win market share in India's contested quick-commerce market. General Catalyst and Mars Growth Capital are co-leading the Series G round, which will be closed within a few days, sources familiar with the deal told TechCrunch. The round values Zepto, which delivers everything from grocery to electronics in minutes, at $4.6 billion pre-money, which comes to about $5 billion after the investment, according to a term sheet seen by TechCrunch.
Cadence Design Systems (CDNS), a key player in electronic design automation (EDA) software, has recently seen its stock price drop by 14% over the past month, catching the eyes of investors. This decline is surprising, given Cadence’s strong foothold in the growing AI chip design market and solid financial performance. With Piper Sandler’s recent upgrade to Overweight and a $318 price target, it begs the question: is this dip a great buying opportunity? I think it is, and I’m bullish on CDNS sto