- August 18, 2024
Stock market’s ‘fragile’ bounce at stake as Powell prepares Jackson Hole speech
The stock market’s reaction to the Fed chair’s speech at the Jackson Hole Economic Symposium has historically been muted, albeit mostly positive. This year may
Why Real Madrid’s Vinícius Jr. may decline a $1 billion offer from another club
Carlo Ancelotti, Vinícius’s coach at Madrid, said rumors of a transfer to Saudi Arabia are ‘pure speculation’ Source link
‘She’s now down to her last few dollars’: My friend quit her job, blew her inheritance and will take vacations using credit cards. Will she ever see sense?
“She has over $70,000 in her retirement fund, but says that’s for emergencies.” Source link
Rocket Lab’s Archimedes engine test ‘a significant catalyst’ for new Neutron rocket, Cantor says
Rocket Lab reported a 71% second-quarter revenue hike after the market close Thursday. The company also said that it successfully fired its Archimedes engine for
These already cheap value stocks are on sale right now
It’s time to shop for bargains in the U.S. stock market. Source link
Earnings results bruised Microsoft while AMD cruised, but AI will boost them both
From chips to services, AI expectations need a dose of reality and a longer-term view. Source link
Amazon earnings come with a higher bar this time around
An AWS beat is “expected,” while a miss could stir up questions about the company’s positioning in the cloud, according to an analyst Source link
Fed’s next moves could seal the fate of tech stocks and small-caps
July’s FOMC meeting is on deck and could influence whether investors keep selling large growth stocks to buy small-cap stocks. Source link
Oil prices end higher on pause in risk-asset selloff
Oil futures settled higher Thursday, with U.S. and global benchmark prices rebounding from their lowest prices in more than six weeks and supported by a
AMC’s stock climbs more than 8% on debt-restructuring deal
AMC Entertainment Holdings Inc.’s stock climbed Monday after the company announced a debt restructuring to strengthen its balance sheet and prepare for an expected recovery