Nvidia Stock Enters Technical Correction But Analysts Remain Bullish
Nvidia stock slipped into correction territory Monday, but analysts are still bullish on the chipmaking giant.
Equities Mostly Rise Intraday as Markets Await This Week's Fed Decision
US benchmark equity indexes were mostly higher after midday Monday as traders awaited the Federal Re
U.K. billionaire’s investment fund is ‘aggressively’ selling Magnificent 7 stocks amid growing fears of AI backlash
Peter Hargreaves’s Blue Whale fund has shed its ownership in AI stocks in latest warning over stock market bubble.
Salt Security CEO & Co-Founder Roey Eliyahu, Live at Nasdaq MarketSite
Tech Edge hosted a fireside chat on Dec. 10 at Nasdaq MarketSite with Roey Eliyahu, Chief Executive Officer and co-founder of Salt Security. The in-person interview was joined by Editor-at-Large Jarrett Banks and they discussed the API security market and Salt’s distinct approach to cybersecurity, businesses’ best practices to improve their API security posture, among other topics. Watch […]
Octus CMO Jeff Winter, Live at Nasdaq MarketSite
Tech Edge hosted a fireside chat on Dec. 10 at Nasdaq MarketSite with Jeff Winter, Chief Marketing Officer of Octus. The in-person interview was joined by Editor-in-Chief John Jannarone and they discussed Reorg’s recent rebranding to Octus, why the company is the authority on the credit market, and how Octus is an essential tool for asset managers, […]
Apple stock hits record high as JPMorgan dismisses AI worries
Consumers appear to be largely underwhelmed thus far by the rollout of Apple Intelligence on the new iPhone 16.
Stock market today: Indexes rise ahead of Fed's final policy meeting of the year
Fundstrat's Tom Lee said stocks should rally into year-end due to favorable seasonals and a "buy the dip" mantra among active fund managers.
US Stocks Close Higher With Fed Rate-Cut Expected: Markets Wrap
(Bloomberg) -- US stocks broadly ended Monday’s session higher as traders geared up for interest-rate decisions by major central banks across the globe due later this week. Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfLondon’s Tube Fares Are Set to Rise by 4.6% Next YearThe S&P 500 rose 0.4% while the Nasdaq 100 gained 1.5% to notch another record high. Broadcom Inc. and Tesla Inc. were among the biggest gainers of the ses
Nasdaq closes at record as investors prepare for Fed rate decision
NEW YORK (Reuters) -The Nasdaq closed at a record high on Monday and the S&P 500 also rose as investors gauged the latest economic data while looking toward the Federal Reserve's final policy announcement of the year later in the week to gauge the path of interest rates. Markets have almost completely priced in a rate cut at the conclusion of the Fed's two-day policy meeting on Wednesday, with a 95.4% chance for a cut of 25 basis points (bps), according to CME's FedWatch Tool. "Maybe the market was a bit oversold last week and with almost a 100% likelihood that the Fed will cut on Wednesday, the only outstanding question is what kind of rhetoric, what kind of notes will investors get regarding guidance," said Sam Stovall, chief investment strategist of CFRA Research in New York.
Stock market today: Nasdaq hits a record as Wall Street drifts ahead of Federal Reserve's meeting
U.S. stock indexes drifted amid mixed trading Monday, ahead of this week’s upcoming meeting by the Federal Reserve that could set Wall Street’s direction into next year. The S&P 500 rose 0.4%, coming off its first losing week in the last four. The Nasdaq composite climbed 1.2% to a record, while the Dow Jones Industrial Average was a laggard and fell 110 points, or 0.3%.