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
The Kobeissi Letter editor-in-chief Adam Kobeissi discusses whether the Magnificent Seven shares are undervalued on ‘Making Money.’ #foxbusiness #makingmoney Subscribe to Fox enterprise! https://bit.ly/2D9Cdse Watch more Fox enterprise Video: https://video.foxbusiness.com Watch Fox enterprise Network Live: http://www.foxnewsgo.com/ FOX enterprise Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main … Read more
As the 2024 presidential election lies just three months away, Willett Advisors LLC Chairman and top executive Steven Rattner joins industry Domination to discuss the economic implications of both a potential Trump or Harris presidency. As voters await an established economic platform from Vice President Kamala Harris, Rattner expects her to discuss the role price … Read more
Serve Robotics (SERV) stock is gaining some traction on Wednesday. While shares of the food delivery innovator are up by nearly 400% over the past month, its stock price is still down by over 50% from its IPO in April. But, this may all change for the firm after announcing a partnership with Shake Shack … Read more
Senior US officials are set to visit China this week in an effort to bolster relations amid heated trade tensions. This comes as Huawei Technologies is reportedly close to introducing a new AI chip that could rival Nvidia’s place in the Chinese industry. Author of “Chip War: The Fight for the World’s Most Critical Technology” … Read more
Stock markets (^DJI, ^IXIC, ^GSPC) are rallying Tuesday following softer-than-expected Producer Price Index (PPI) data for July, providing some relief to markets after a tumultuous week on Wall Street. This uptick comes ahead of the highly anticipated Consumer Price Index (CPI) data set to release Wednesday. SEI chief capital officer Jim Smigiel joins industry Domination … Read more
All eyes are on July’s Consumer Price Index (CPI) report, providing key insight into the health of consumers as they continue to battle inflationary pressures. Aptus Capital Advisors investment mix manager David Wagner joins Wealth! to discuss how the print may impact markets and how to best position your investment mix. Wagner notes that deflation … Read more
Starbucks (SBUX) stock is skyrocketing Tuesday morning after a C-suite shakeup that has chief executive officer Laxman Narasimhan stepping down with Chipotle Mexican Grill (CMG) chief executive Brian Niccol to take up the new leadership mantle starting Monday, September 9. Inversely, Chipotle shares are falling on this news. Wedbush Securities managing director Nick Setyan and … Read more
Institutional concerns over a potential recession have surged to 39%, according to the most recent lender of America Global Fund Managers survey. Included in that survey, however, is the fact that 76% of respondents believe the economy is headed for a soft landing scenario. Something to note is that half of investors in August believe … Read more
Wages are still rising but at a slower pace as the unemployment rate surprisingly fell, according to official figures. A low unemployment rate can indicate a healthy economy and increase pressure for wages to rise – it may also give the money institution of England more confidence to make further debt charge rate cuts. Read … Read more