Market News

Why The Fed’s Balancing Act Is Tilting in Wall Street’s Favor

Listen to the audio version of this article (generated by AI). On August 7, 1974, a 24-year-old French high-wire artist named Philippe Petit was preparing to do something no one had ever done before. Shortly after 7 a.m., Petit stepped onto the roof of the …

Read more

Jensen Huang Just Delivered Great News to Nvidia Shareholders

Key Points Second-quarter adjusted earnings per share and revenue grew 120% and 106% year over year, respectively. Nvidia also repurchased $26 billion of its own stock in the quarter. CEO Jensen Huang believes artificial intelligence has hit an ‘inflection point.’ 10 stocks we like better …

Read more

Constellation Energy Just Raised Guidance. Here’s What’s Driving It.

Key Points Constellation Energy reported a 33% year-over-year increase in adjusted operating earnings and raised its full-year guidance. Its acquisition of Calpine added significant power generation capacity and boosted earnings. The company secured major power purchase agreements with major companies and added to its agreements …

Read more

Notable ETF Inflow Detected – QQQ, NFLX, TXN, SHOP

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco QQQ Trust (Symbol: QQQ) where we have detected an approximate $4.3 billion dollar inflow — that’s a 0.9% increase week over week in outstanding …

Read more

Crypto Market Update: Market Hits Extreme Greed for First Time Since 2024

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrencymarket news Here’s a quick recap of the crypto landscape for Wednesday (August 26) as of 10:00 a.m. UTC. Bitcoin price update Bitcoin (BTC) was priced at US$78,423.32, down by …

Read more

How Will GM’s $4.5B Parts Plan Shield It From Supply Shocks?

General Motors Company GM has introduced a plan to secure up to $4.5 billion worth of critical automotive parts to protect its production operations from potential supply disruptions stemming from extreme weather, natural disasters, cyberattacks and other unforeseen events. Under an agreement, Procura Auto Parts …

Read more

Alibaba Cloud Revenue Jumps 45%. Is the Profit Plunge and China E-Commerce Slide Cause for Concern?

Key Points It fell well short of analyst profitability estimates, although its revenue was essentially in line. Investors clearly chose to focus on the positive developments in the quarter, particularly the company’s leap in revenue from next-generation tech offerings. 10 stocks we like better than …

Read more

Tesla Maintained Its Majority of the U.S. EV Market in Q2, but That’s Not All You Need to Know

Key Points Tesla continues to make up the majority of the United States’ electric vehicle sales. The nation’s total EV sales, however, are quickly deteriorating, and Tesla’s no exception. The company’s already small market share in overseas markets continues to shrink. These 10 stocks could …

Read more

The Nasdaq Slips as Micron Falls 6% to Kick Off Nvidia’s Big Week

Key Points The Dow rose 0.24% while the S&P 500 fell 0.33% and the Nasdaq Composite dropped 0.61%. The makers of AI hardware fell while the hyperscalers that buy it, including Alphabet, held up. Nvidia reports Wednesday alongside the Fed’s preferred inflation gauge, with Chair …

Read more

Crypto Market Update: Bitcoin Price Rallies as Trump Backs CLARITY Act

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrencymarket news Here’s a quick recap of the crypto landscape for Friday (August 21) as of 10:00 a.m. UTC. Bitcoin price update Bitcoin (BTC) was priced at US$77,864.10, up 8.3 …

Read more