Micron's Stock Tumbles as Its Outlook Disappoints
Micron Technology issued a revenue outlook that came in below analysts’ expectations, sending shares lower in extended trading Wednesday.
Dollar Rises to Highest Since 2022 as Less Fed Cuts Seen
(Bloomberg) -- The dollar rallied to the strongest level in over two years after the Federal Reserve signaled a slow down in the pace of monetary easing next year.Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More DangerousThe Bloomberg Dollar Spot Index rose 0.9% Wednesday, its highest since 2022. The surge sent other major currencies lower. The euro, pound and Swiss franc fell 1% against the US dollar during the day, while the offshore Chinese yuan fell to the lowest
Why Everything Everywhere All at Once isn’t just a movie — it’s the market
John Petrides, Portfolio Manager at Tocqueville Asset Management, spoke with Quartz for the latest installment of our “Smart Investing” video series.
Bitcoin Slips to $101K, Altcoins Spiraling on Federal Reserve's Hawkish Tone
The Federal Reserve cut rates by 25 basis points as expected, but Fed Chair Jerome Powell's hawkish press conference
Wall Street falls sharply as Fed indicates fewer rate cuts in 2025 to fight inflation
Central bank lowers benchmark federal funds rate by a quarter of a percentage point to between 4.25% to 4.5%
NKE, PLTR, or UBER: Which Large-Cap Stock Is the Best Pick?
Investors often look for opportunities to invest in large-cap stocks as they are generally associated with companies having a proven track record and well-established business models. The large-cap stocks have a market capitalization between $10 billion to $200 billion. Using TipRanks’ Stock Comparison Tool, we placed Nike (NKE), Palantir (PLTR), and Uber Technologies (UBER) against each other to find the large-cap stock that is the best pick, according to Wall Street analysts. Nike (NYSE:NKE) S
Nvidia stock rebounds amid bullish analyst outlooks, then falters after Fed decision
Nvidia stock rose as Wall Street analysts reiterated their Buy ratings despite concerns about rising competition and the possibility that AI chip demand could wane.
Michael Saylor's MicroStrategy arbitrage seals suggest underlying market risks
Prime brokerage desks are preparing for credit shocks as leveraged trading expands within cryptocurrency financial networks.
These Sectors Led Wednesday's Fed-Fueled Stock Market Sell-Off
Rate-sensitive stocks plummeted on Wednesday after the Federal Reserve scaled back its forecast for future interest rate cuts and projected inflation would run hotter than previously expected next year.
Jerome Powell makes clear the Fed is already thinking about life under Trump
Federal Reserve Chair Jerome Powell hinted Wednesday that the economic policies of President-elect Donald Trump are starting to become top of mind for the central bank.