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The Federal Reserve held interest rates steady, while also indicating it still expects one more hike before the end of the year and fewer cuts than previously indicated next year.
Economic growth seen higher
Along with the rate projections, members also sharply revised up their economic growth expectations for this year, with gross domestic product now expected to increase 2.1% this year. That was more than double the June estima...
Economic growth seen higher
Along with the rate projections, members also sharply revised up their economic growth expectations for this year, with gross domestic product now expected to increase 2.1% this year. That was more than double the June estima...
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$Apple (AAPL.US)$ was exploring the launch of an iPhone feature that would let users buy and sell stocks, according to three sources familiar with the plans.
The offering would have been in partnership with $Goldman Sachs (GS.US)$ , which has worked with Apple on other financial products.
The iPhone maker decided the timing wasn’t right as markets slumped, and the company put the plan on pause, sources say.
$Robinhood (HOOD.US)$ $Futu Holdings Ltd (FUTU.US)$ $Nasdaq Composite Index (.IXIC.US)$ $SPDR S&P 500 ETF (SPY.US)$
The offering would have been in partnership with $Goldman Sachs (GS.US)$ , which has worked with Apple on other financial products.
The iPhone maker decided the timing wasn’t right as markets slumped, and the company put the plan on pause, sources say.
$Robinhood (HOOD.US)$ $Futu Holdings Ltd (FUTU.US)$ $Nasdaq Composite Index (.IXIC.US)$ $SPDR S&P 500 ETF (SPY.US)$
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$Microsoft (MSFT.US)$ An apparent slipup by Microsoft attorneys has revealed a trove of Microsoft’s most closely guarded plans for its Xbox division.
Regardless of where the fault lies for the documents, it’s the clearest look to date about where Microsoft could plan to take the Xbox unit (keeping in mind, of course, that plans and dates can, and often do, shift in the video game industry).
Here’s a run...
Regardless of where the fault lies for the documents, it’s the clearest look to date about where Microsoft could plan to take the Xbox unit (keeping in mind, of course, that plans and dates can, and often do, shift in the video game industry).
Here’s a run...
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Despite a decent recovery from their lowest points today, all the major stock groups ended up lower. With an important meeting from the Federal Reserve (FED) tomorrow, everyone's a bit nervous about stocks.
Putting aside the big news, our market is currently unpredictable and challenging. It's making both hopeful buyers (bulls) and pessimistic sellers (bears) unsure and tired, making it hard for them to benefit when things do change. It's like a sports player knowin...
Putting aside the big news, our market is currently unpredictable and challenging. It's making both hopeful buyers (bulls) and pessimistic sellers (bears) unsure and tired, making it hard for them to benefit when things do change. It's like a sports player knowin...
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$Hang Seng TECH Index (800700.HK)$
If you followed my previous post about bearish patterns popping up around the market, then I've got another one for you. Check out the previous post in the link below.
Another Bearish Technical Development
When sentiment in equity marktes worldwide is turning bearish, then you will see a lot of the more bearish technical patterns showing up in the charts. Here is an example below with the Hang Seng Index. A head and s...
If you followed my previous post about bearish patterns popping up around the market, then I've got another one for you. Check out the previous post in the link below.
Another Bearish Technical Development
When sentiment in equity marktes worldwide is turning bearish, then you will see a lot of the more bearish technical patterns showing up in the charts. Here is an example below with the Hang Seng Index. A head and s...
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The FHFA House Price Index (FHPH) is a measure of the change in house prices for single-family homes purchased with conforming mortgages. It is published by the Federal Housing Finance Agency (FHFA).
The FHPH is based on a sample of mortgages that have been purchased or guaranteed by Fannie Mae or Freddie Mac. The index is calculated using a repeat-sales methodology, which means that the same homes are re-appraised at multiple points in time. This helps to...
The FHPH is based on a sample of mortgages that have been purchased or guaranteed by Fannie Mae or Freddie Mac. The index is calculated using a repeat-sales methodology, which means that the same homes are re-appraised at multiple points in time. This helps to...
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What's the overall thoughts on AMD and Intel?
About 2 years ago, it almost felt like Intel was just a blast from the past, AMD will finally be the next leader in the CPU market, at least thats what the stock prices looked like.
But then, Intels performance throughout this year has been a slow, but steady gain, while AMD has been well below its ATH.
What will the future bring? Intel has just recently confirmed its ramp in production capacity, while AMD as a fabless comp...
About 2 years ago, it almost felt like Intel was just a blast from the past, AMD will finally be the next leader in the CPU market, at least thats what the stock prices looked like.
But then, Intels performance throughout this year has been a slow, but steady gain, while AMD has been well below its ATH.
What will the future bring? Intel has just recently confirmed its ramp in production capacity, while AMD as a fabless comp...
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Kaa
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This article contains 900 words and takes about 3 minutes to read.
Quick Q&A, what is the Jackson Hole Economic Symposium?
Host:Federal Reserve Bank of Kansas City
Location:Jackson Hole, Wyoming
Participants:Economists, financial market participants, scholars, US government representatives, and news media
Purpose:To discuss long-term policy issues of common concern.
The Jackson Hole Economic Symposium is one of the world's...
Quick Q&A, what is the Jackson Hole Economic Symposium?
Host:Federal Reserve Bank of Kansas City
Location:Jackson Hole, Wyoming
Participants:Economists, financial market participants, scholars, US government representatives, and news media
Purpose:To discuss long-term policy issues of common concern.
The Jackson Hole Economic Symposium is one of the world's...
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Nothing seems like stopping down $NVIDIA (NVDA.US)$ hot run.
Q1'24 results were already a massive surprise.
But Q2'24 was yet another milestone.
It does look like a stock that can't go wrong.
So what do investors need to know about the latest earnings to make a better educated decision?
1. Home run performances for all metrics
Revenue was up 101% YoY from USD 6.7 billion to USD 13.5 billion.
Even gross margin is up by 26.6 pts YoY, hitting 70.1% gross ma...
Q1'24 results were already a massive surprise.
But Q2'24 was yet another milestone.
It does look like a stock that can't go wrong.
So what do investors need to know about the latest earnings to make a better educated decision?
1. Home run performances for all metrics
Revenue was up 101% YoY from USD 6.7 billion to USD 13.5 billion.
Even gross margin is up by 26.6 pts YoY, hitting 70.1% gross ma...
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Kaa
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The Core PCE Price Index is a measure of the prices paid by people living in the United States, or those buying on their behalf, for goods and services. It excludes two categories that can have price swings – food and energy – to make underlying inflation easier to see.
The core PCE price index is closely watched by the Federal Reserve as it conducts monetary policy. The Fed has a 2 percent target for inflation, and the core PCE price index is se...
The core PCE price index is closely watched by the Federal Reserve as it conducts monetary policy. The Fed has a 2 percent target for inflation, and the core PCE price index is se...
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