All eyes are on President Biden as he leads the NATO Summit in Washington, D.C. amid increasing calls for him to drop out of the 2024 presidential race. Yahoo financial Senior Columnist Rick Newman joins Catalysts to discuss the NATO Summit and Biden’s future ahead of the November election. Newman explains that this NATO meeting … Read more
The S&P 500 (^GSPC) has been 2024’s stand-out star among industry indexes, closing at its 36th record high yesterday as it continues to outperform industry strategists’ forecasts. On the S&P 500’s good fortune, Oppenheimer is raising its year-end price target from 5,500 to 5,900. Oppenheimer chief funding strategist John Stoltzfus — the expert behind the … Read more
Apple (AAPL) saw a big jump in global PC shipments. According to recent data from International Data Corporation (IDC), the tech giant recorded 20.8% year-over-year development in PC shipments from Q2 2023 to Q2 2024. Lenovo (0992.HK, LNVGF) had the biggest industry share of shipments, with HP Inc. (HPQ) and Dell Technologies (DELL) coming in … Read more
Federal Reserve Chair Jerome Powell returns to Capitol Hill to testify before the House money services Committee on the Fed’s semiannual Monetary Policy Report, which details the state of the US economy. About Yahoo financial: Yahoo financial provides free stock ticker data, up-to-date news, collection of investments management resources, comprehensive sector data, advanced tools, and … Read more
#sp500 #yahoofinance #dowjones The S&P 500 (^GSPC) closes at a record high for the 36th time in 2024, the Nasdaq Composite (^IXIC) moving higher by 0.14% to notch its own record high. The Dow Jones Industrial Average (^DJI) fell by 0.13%. industry Domination Overtime’s Julie Hyman looks back on the day for markets and sectors … Read more
#economy #fed #jeromepowell Federal Reserve Chair Jerome Powell is testifying before the Senate on Capitol Hill on Tuesday, addressing the central lender’s outlook on inflation, the economy, debt charge rates, and more. Claudia Sahm, founder of Sahm Consulting and former Federal Reserve Board Economist, joins industry Domination to analyze the economic landscape. Sahm begins by … Read more
#amazon #chips #yahoofinance Amazon Web Services (AMZN), a leading cloud services provider, wants a share of the AI chips industry that is dominated by Nvidia (NVDA). Yahoo financial got an exclusive first look at AWS’s latest chip, the Graviton4, which is Amazon’s most powerful and efficient chip to date. It’s the latest example of the … Read more
#interestrates #yahoofinance #industry With so many factors at play in the broader industry — finance charge rate cuts, rising national debt, and election-related turmoil — positioning one’s collection of investments may be daunting. Bernstein Private Wealth Management senior capital strategist Roosevelt Bowman joins Wealth! to take a deep dive into these factors and let investors … Read more
#stocksintranslation #yahoofinance #disinflation #inflation Yahoo financial Host Jared Blikre is joined by Freedom Capital Markets chief global strategist Jay Woods for equities In Translation to give insight into the upcoming testimony from Powell before Congress, what the path to disinflation looks like, and the potential impacts it will have on the current sector. In addition, … Read more
#Keybanc #nvidia #micron #yahoofinance KeyBanc raised its price target on Nvidia (NVDA) to $180 from $130 and on Micron (MU) to $165 from $160. The moves were part of a broader note on the state of the chip sector, with analyst John Vinh writing that “traditional server demand is actually improving” and “AI demand continues … Read more