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Flight to safety meets a high earnings bar as central bank week begins
Preview: Treasuries rallied again, equities are struggling, and central banks and earnings are on th...
Cautious/mixed equity trading seen ahead of a week filled with key macro events and TECH earnings
Asia market update: Cautious/mixed equity trading seen ahead of a week filled with key macro events ...
US Dollar Index falls to near 101.50 amid Fed rate pause odds, easing safe-haven demand
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currenc...
Kuwait Wants Consortiums to Bid for $7 Billion Oil Pipeline Deal
Kuwait’s state oil firm, Kuwait Petroleum Corporation (KPC), has asked some of the asset management funds bidding for a stake in its oil pipeline network to tap other investors in their bids for the p ...
Chips Stocks Are Drowning the Nasdaq Again
The Nasdaq is once again drowning in a chip stock selloff. The tech-heavy index tumbled 0.7%. The S&P 500 was up just 0.1%, even though 340 stocks in the index were higher. The Dow was up 431 points, ...
The Mag 7 Just Lost $2.3 Trillion in a Single Month. Here’s the AI Fear Behind It
The Magnificent 7 erased $2.3 trillion in market cap in June alone, the largest monthly loss ever for the group, even as the Nasdaq heads for its best quarter since 2020. CNBC’s MacKenzie Sigalos fram ...
Anthropic considers building in-house AI chip with Samsung as key partner: report
Goldman Sachs raises airlines' outlook, downgrades SkyWest on block hour guidance
Federal Reserve: Jobs slowdown supports steady rates – Commerzbank
Commerzbank’s Bernd Weidensteiner notes that weaker US employment data for June and downward revisions to prior months reduce pressure on the Federal Reserve to hike rates at the late-July meeting.
CoreWeave, Nebius in spotlight as BNP discusses capacity vs. sustainability debate
Palantir’s stock bounces back as analyst cheers company’s unique AI advantage
The software company’s shares have gotten off to a strong start this month following a weak run in June.
Tuttle Capital Memory Stack Income Blast ETF declares $0.20 dividend
Tuttle Capital Magnificent 7 Income Blast ETF declares $0.07 dividend
Tuttle Capital Meme Stock Income Blast ETF declares $0.07 dividend
The June jobs report laid an egg: The US only added roughly half of what economists had forecast — what it means for you
Payrolls badly missed the 115,000 economists expected, and the unemployment rate's dip to 4.2% masked a shrinking labor force. Now it's Fed Chair Kevin Warsh's problem.