equities finished the week well in the red following subpar earnings and signs of a cooling labor industry that has raised some fears of a recession. Baird capital Strategist Ross Mayfield joined industry Domination to discuss the path ahead for the fed as we await the September meeting. “I do think a 50 basis point … Read more
Nvidia (NVDA) has seen some volatility recently with shares down in early trading on Friday, August 2. Wealth Enhancement Group senior investment mix manager Ayako Yoshioka joins Yahoo financial to talk about earnings season and Nvidia’s recent moves. “Sentiment and the earnings bar was very high going into earnings season,” Yoshioka explains, “you’re seeing a … Read more
The July jobs report fell short of expectations, with the US economy adding only 114,000 jobs compared to the forecasted 175,000. The unemployed rate also increased to 4.3%, which is the highest level in about three years. Yahoo financial’s Madison Mills explains that the Sahm rule “says that if the three month moving average of … Read more
Intel (INTC) shares sink in extended hours after missing second quarter earnings estimates. The semiconductor manufacturer posted $12.83 billion in revenue ($12.95 billion expected) and adjusted earnings of $0.02 per share (expected $0.10 per share). The chip enterprise is also announcing a $10 billion cost-cutting initiative while laying off 15,000 employees. Yahoo money management senior … Read more
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equities (^DJI, ^IXIC, ^GSPC) are under pressure Thursday afternoon as new manufacturing and jobless claims data failed to meet investor expectations. Piper Sandler chief funding strategist Michael Kantrowitz joins industry Domination to share his economic outlook. Kantrowitz points out that the markets received a lot of “bad news” today, including rising unemployment claims and ISM’s … Read more
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Advanced Micro Devices’ (AMD) second quarter results have fueled optimism that the AI trade may not be over yet, leading to a pop in Nvidia (NVDA) shares. But that may not be the only driver. Bernstein managing director and senior analyst Stacy Ragson tells Morning Brief he believes that what’s been driving this uptick in … Read more
Games workshop posted their annual report and it’s got some great news for us Old World fans let’s discuss! Reads the report here: https://investor.games-workshop.com/annual-reports-and-half-year-results TIMESTAMPS: 00:00 – 03:44 – Old World 03:44 – 05:34 – Dwarf Wave 2 05:34 – 08:01 – Amazon Deal 08:01 – 10:54 – Video Games Instant Gaming Link: https://www.instant-gaming.com/?igr=GreatBook Giveaway … Read more
The latest annual inflation data shows the cost of coverage rose 14 per cent in the 12 months to June. The impacts of climate change, smarter cars and costly repairs are part of the problem. While Australians might feel like premiums are too high, the companies which provide the cover are subsidising policies from capital … Read more