Is the economy slowing to a recession or soft landing?

US GDP (gross domestic product) for 2024’s second quarter was revised for a second time, the US Bureau of Economic study raising the print from 2.8% to 3%. While the data may be a tailwind for the Federal Reserve, does the data signal headwinds for the other segments of the economy? Citi senior global economist … Read more

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sector Top 10 News Today: इन खबरों से आज बाजार में देखने को मिल सकती है तेजी या मंदी | enterprise News #marketnews #topstocks #trading #capital #businessnews #stockmarket #sharemarket #aajkatajakhabar #cnbcawaaz #marketnews #latestbusinessnews #spending plan #budget2024 #budgetwithcnbcawaaz n18oc_business enterprise News | CNBC Awaaz brings to you latest enterprise news, live share sector updates, stock sector … Read more

Nvidia Q2 earnings beat expectations on increased revenue

Nvidia (NVDA) reported better-than-expected second quarter results after the industry close on Wednesday. The chip giant reported adjusted earnings of $0.68 per share compared to the expected $0.64. Revenue was $30.0 billion versus an estimated $28.86 billion. Data center revenue was $26.3 billion. The estimate was $25.08 billion. For Q3, Nvidia expects revenue of $32.5 … Read more

Strategist: Markets tend to weaken after Fed rate cuts

As Wall Street gears up for an debt charge rate cut from the Federal Reserve, Great Hill Capital chairman and managing member Thomas Hayes joins Wealth! to break down how investors can best position their portfolios ahead of the Fed’s September meeting. Hayes points to seasonality factors at play as the next few months could … Read more

What Nvidia investors will be looking for in Q2 earnings

Wall Street is very focused on Nvidia’s (NVDA) upcoming earnings this week, especially given how much weight the tech giant has in the major US indexes (^GSPC, ^DJI, ^IXIC). While earnings paints a bit of the picture, is there more than just revenue that investors should focus on? Stifel managing director & applied technology analyst … Read more

IMF chief economist: U.S. economy is in a good place

The Federal Reserve is set to cut finance charge rates at its September meeting after Chair Jerome Powell stated “the time has come” in his speech at the Jackson Hole Economic Symposium on Friday. This development raises questions about the potential global impact of a Fed rate cut. To shed light on this matter, International … Read more

A 50bps rate cut would guarantee recession: Strategist

As markets (^DJI, ^IXIC, ^GSPC) anticipate a potential loan charge rate cut in September, all eyes are on Federal Reserve Chair Jerome Powell’s commentary at Jackson Hole on Friday. However, recession fears continue to linger among some investors. Macro Intelligence 2 Partners co-founder and president Julian Brigden joins sector Domination to share his sector outlook. … Read more

Could Nvidia's Q2 earnings be a new tech rally catalyst?

Nvidia (NVDA) has had a bumpy ride over the past month as the tech sector is just beginning to recover from the wide sell-offs seen at the beginning of August. With the chipmaker’s next earnings report around the corner — Wednesday, August 28 — could Nvidia be the leader for another tech rally? Niles funding … Read more

Trump owns more than $1 million in crypto, financial disclosure shows: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto sector. On today’s show, Framework Ventures co-founder Vance Spencer discusses markets, crypto regulation and VC investments in the digital … Read more

Nvidia earnings and potential Fed cut: investment mix manager discusses

shares (^DJI, ^IXIC, ^GSPC) closed in positive territory on Thursday as markets digested better-than-expected retail sales and jobless claims data. PIMCO investment mix Manager Erin Browne joins sector Domination Overtime to share her insights on sector trends and Federal Reserve rate cut outlooks. Browne notes that markets have “stabilized” in the “very short-term.” She points … Read more