[ad_1] CNBC’s Jim Cramer said Wednesday that “parsing the Fed’s move is a mug’s game.” After the Federal Reserve raised rates to their highest level in 22 years, Cramer said investors can use market volatility created by the central bank meeting to buy stocks in line with 10 themes from this quarter’s earnings season. “Why … Read more
[ad_1] U.S. Treasury yields rise as investors weigh interest rate decisions ahead U.S. Treasury yields were higher on Tuesday as the Federal Reserve’s meeting is due to kick off and investors considered the outlook for interest rate decisions from central banks in major global economies that are expected this week. At 4:27 a.m. ET, the … Read more
[ad_1] The Federal Trade Commission and Department of Justice said Wednesday that their new focus when evaluating mergers will include the impact a deal will have on competition for workers along with how a series of acquisitions, rather than one-offs, could result in harmful effects on the market. The new guidelines, currently in draft form, … Read more
[ad_1] Two weeks into the second half of the year, we put together a quick look at the top four performers and the bottom four in Jim Cramer’s Charitable Trust, the stock portfolio we use for the Investing Club. The first full trading week of July saw Wall Street under some pressure Friday after a … Read more
[ad_1] Satya Nadella, CEO, Microsoft, at the Allen & Company Sun Valley Conference on July 11, 2023 in Sun Valley, Idaho. David A. Grogan | CNBC The Federal Trade Commission is not giving up on its bid to prevent Microsoft from closing its $68.7 billion acquisition of game publisher Activision Blizzard. On Wednesday, the agency … Read more
[ad_1] Investors may want to stick with what’s working in the market. ETF experts Todd Sohn and VettaFi’s Dave Nadig believe a second winning half is in store for technology and artificial intelligence plays. Sohn, Strategas’ ETF and technical strategist, particularly likes Roundhill Generative AI and Technology ETF (CHAT). “What I like about [CHAT] is … Read more
[ad_1] Traders on the floor of the NYSE, June 29, 2023. Source: NYSE The Dow Jones Industrial Average inched lower Wednesday as Wall Street resumed a holiday-shortened week and looked to Federal Reserve meeting minutes coming in the afternoon. The 30-stock average lost 57 points, or 0.2%. The S&P 500 and Nasdaq Composite each shed … Read more
[ad_1] No one could have guessed at the end of the worst year for stocks since 2008 that an innovation from an unassuming Microsoft -backed startup would sweep in to revitalize a once-booming growth sector. The excitement around ChatGPT has revived the downtrodden technology sector from the grave. Six months later, the promise of generative … Read more
[ad_1] Stocks rose Friday and technology names continued their staggering run to cap off a strong start to the year, and the best first half for the Nasdaq Composite since 1983. The Dow Jones Industrial Average gained 285.18 points, or 0.84%, to close at 34,407.60. The S&P 500 climbed 1.23% to end at 4,450.38, and … Read more
[ad_1] Dustin Moskovitz, Asana’s co-founder and CEO. Asana The typical playbook for a successful tech founder looks something like this. Start a company with full ownership. Sell off significant chunks to venture investors as the business progresses. Eventually become a minority owner. Take the company public. Sell more stock over time. Asana’s Dustin Moskovitz took … Read more