Monday: Wall Street struggled to find direction as investors anxiously awaited the upcoming Federal Reserve announcement. The Dow gained 0.6%, the S&P500 ticked up 0.1%, but the Nasdaq slipped 0.5%. Tuesday: It was another mixed day for the markets. The Dow edged down by 0.04%, while the S&P500 increased by 0.03%, and the Nasdaq [...]
Written by: Angela Akers The Federal Reserve delivered a 50-basis point rate cut this week, which was unexpected until a few days ago. Fed Chair Powell was clear that the Fed is “committed to maintaining” economic strength. The heftier-than-anticipated cut came in the wake of a revision to the jobs data and concern over [...]
NVIDIA’s dominance in the AI revolution is undeniable. With its cutting-edge technology and record-breaking growth, many investors are eager to hold on for the long haul. But even the best stocks require a thoughtful strategy to maximize long-term gains and avoid costly missteps. In this second part of our series, we’ll explore how to [...]
Monday: The trading week started on a positive note with all major indices—Dow, S&P 500, and the Nasdaq—climbing by 1.2% amid positive sentiments and anticipation of key economic data releases scheduled for the week. Tuesday: Mixed results characterized the day as concerns about the upcoming Consumer Price Index (CPI) overshadowed gains in the technology [...]
Written by: Angela Akers The financial world and talking heads were all a buzz this week about what the economy would look like under Harris versus Trump following Tuesday’s debate and what companies would be a good investment in that regard. Also discussed, the upcoming Federal Reserve meeting where the Fed is widely expected [...]
NVIDIA’s role as a leader in the AI revolution makes it one of the most exciting stocks on the market. With a market cap over $1 trillion and its presence in everything from data centers to gaming, it’s a stock that many investors have their eyes on—whether you already own it or are thinking [...]
Monday: With key tech earnings on the horizon, the market closed mixed. The Dow gained 0.2%, while the S&P500 dipped 0.3%, and the Nasdaq fell 0.9%. Tuesday: Wall Street wavered but ended modestly higher as Nvidia’s earnings weighed on sentiment. The Dow was flat, and both the S&P500 and Nasdaq rose 0.2%. Wednesday: Ahead [...]
Written by: Angela Akers Analysts have been calling Nvidia (NVDA) the “most important stock in the world right now” and the earnings report was touted as the “most important earnings call” of the quarter. It’s not surprising because the AI boom that has occurred over the past several years has been led by NVDA. [...]
It’s looking increasingly likely that the much anticipated Federal Reserve rate cut will happen this September. The Fed’s chair, Jerome Powell, recently gave a speech at Jackson Hole highlighting the cooling jobs market and downward payroll revision in addition to his confidence in inflation moving towards the Fed’s 2% target. Taken together, these factors [...]
Monday: Last week started on a high note with investors eagerly awaiting Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole Symposium. The Dow rose by 0.6%, the S&P 500 gained 1.0%, and the Nasdaq surged by 1.4%. Tuesday: Market sentiment took a hit following an earnings miss from Lowe's, causing the Major Indices to [...]
