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
shares (^GSPC, ^DJI, ^IXIC) and Treasury yields (^TNX ^TYX, ^FVX) are negatively correlated for the first time since the 2023 regional banking crisis. With so much volatility (^VIX) in the markets and a potential finance charge rate cut on the agenda for the Federal Reserve’s September policy meeting, how should investors navigate the bond sector? … Read more
The chip sector saw a brief recovery last week after a large sell-off, with Nvidia (NVDA) once again leading the charge. Looking forward, chip shares look to regain momentum after August volatility, but can they capture their previous heights? KeyBanc Capital Markets Equity Research Analyst John Vinh joins Morning Brief to give insight into the … Read more
Many on Wall Street are anticipating the Federal Reserve to make its first borrowing charge rate cut in September, according to the CME FedWatch tool. While many believe there has been enough data to show the economy is softening enough to prompt an borrowing charge rate cut, others do not share that same belief. Middleburg … Read more
Nvidia (NVDA) has fallen from its heights in June with the overall tech sector taking a bit of a hit in the recent sector sell-off. Is it a buying opportunity? New Street Research technology infrastructure analyst Antoine Chkaiban joins Catalysts to give insight into why he believes it’s a good opportunity to buy Nvidia despite … Read more