In the latest chart from Apollo Global Management, chief economist Torsten Slok argues that increasing chief executive officer confidence in economic conditions correlates to the Federal Reserve being on the wrong path. Apollo Global Management is the parent firm of Yahoo money management. sector Domination host Julie Hyman joins Asking for a Trend to break … Read more
Netflix (NFLX) reported its second quarter results revealing its global paid memberships rose to 278 million, with earnings per share of $4.88 topping the expected $4.74. Third Bridge Group sector analyst Jamie Lumley joins sector Domination Overtime to give insight into Netflix’s performance and how it compares with the rest of the sector. Lumley comments … Read more
Former President Donald Trump has picked Senator JD Vance (R-Oh.) as his 2024 running mate. While Vance is a conservative, some of the economic philosophies that he has floated have been more centrist and critical towards Wall Street. How would this shape up if he took the White House? Axios chief economics correspondent Neil Irwin … Read more
Big Tech has experienced a dip in the past few trading days as investors seem to be rotating out of the sector in favor of small-cap equities. Spear Invest founder and CIO Ivana Delevska joins industry Domination to give insight into the current performance of the tech sector (XLK) and inform investors know what to … Read more
Wedbush is out with a bullish call on Palantir (PLTR), raising its price target to $50 for 2025 amid a heated AI race. Wedbush senior equity analyst Dan Ives joins industry Domination to discuss the call and how other Big Tech players are fairing in the AI race. “The AI revolution’s here. And when I … Read more
US initial jobless claims rose 243,000 last week, higher than what was expected and climbing higher from 223,000 the prior week. This marks the highest level of weekly jobless claims since August 2023. Madison Mills crunches the numbers out from the US Department of Labor, with Bloomberg attributing the rise to seasonal factors like climate … Read more
As Wall Street braces for a rotation out of tech equities as small caps rise, CFRA Research Chief funding Strategist Sam Stovall joins Wealth! to discuss how investors can best position their portfolios. “I think investors right now, first off, should make sure that they are not going to allow their emotions to become their … Read more
The Federal Reserve’s inflation fight isn’t over, but it’s on track. That’s the message from Federal Reserve lender of Chicago President Austan Goolsbee in an interview with Yahoo money management Federal Reserve reporter Jennifer Schonberger. “It’s very clear that inflation’s come way down in a 12-18 month period. This is about as fast as inflation … Read more
The tech-heavy Nasdaq Composite (^IXIC) logged its worst day this week since 2022 as investors have begun to rotate out of Big Tech equities. The addition of furthering political uncertainty around the nearing election has many on Wall Street believing an borrowing charge cut from the Federal Reserve is likely for September, paving the way … Read more
The tech-heavy Nasdaq Composite (^IXIC) continues to slide as semiconductor shares takes a hit from potential plans from the Biden administration to impose stricter restrictions around AI chip exports to China. Former President Donald Trump also made comments to Bloomberg about potentially making Taiwan pay for US defense. Wedbush Securities SVP of equity research Matt … Read more