Goldman Sachs CEO David Solomon believes the most likely outcome is a 25-basis-point cut at the Fed’s September meeting, with the odds of a 50-bps cut slightly over 30%. He expects the Fed to cut rates two or three more times before the end of the year. If the labor market weakens further, a 50-bps cut would be justified. He also observed that CEOs attending consumer forums remain highly optimistic ...
$Dow Jones Industrial Average (.DJI.US)$$Nasdaq Composite Index (.IXIC.US)$$S&P 500 Index (.SPX.US)$ The 2024 FOMC Meeting is scheduled for September 18 at 14:00 ET /September 19 at 2:00 AM SGT/September 19 at 4:00 AM AEST. Subscribe to join the live NOW! The Federal Reserve will lower interest rates by 25 basis points at each of the U.S. The central bank's three remaining policy meetings in 2024, found only nine of 101 expected a half-percentage-point cut next week. With inflation...
The market continued its growing trend Thursday after turning around Wednesday. It was a slower day for stock news, and despite higher PPI inflation data month over month, investors seemed excited that the FOMC may introduce rate cuts next Wednesday. Just past the 4 pm ET close,$S&P 500 Index (.SPX.US)$climbed 0.75% the$Dow Jones Industrial Average (.DJI.US)$climbed 0.58%, and the$Nasdaq Composite Index (.IXIC.US)$climbed 1...
Afternoon traders, and happy Thursday, September 12. The market continued its trend Thursday in a general climb. Wednesday's turnaround kept on going on. PPI inflation data came in higher, oil climbed on hurricane news: My name is Kevin Travers; this is a round-up of moovin' stonks today. Moderna$Moderna (MRNA.US)$shares fell more than 18% in recent Thursday trading after the company said it is reducing its annual R&D expense by about $1...
Welcome to follow me, let's communicate together! In the current market environment, Citigroup presents significant investment value due to its low valuation and continuously improving performance metrics. Despite challenges faced by the U.S. banking sector, Citigroup's stock price seems to fully reflect the potential risks, providing an attractive entry point for investors. Growth and Challenges First, let's analyze Citigroup's growth potentia...
Welcome to follow me, let's communicate together! In the wave of artificial intelligence, Oracle is quietly becoming an indispensable tool supplier for gold miners. The company's cloud services, particularly its applications in AI, have become crucial support for firms like OpenAI, AWS, and Google Cloud. Recently, Oracle released its Q1 fiscal report for 2025, showing a 21% year-over-year increase in cloud business revenue, reaching $5.6 billion. This is a ...
Welcome to follow me, let's communicate together! The release of the U.S. Consumer Price Index (CPI) data for August has once again confirmed market expectations regarding inflation trends.The year-over-year growth rate of the overall CPI has fallen to 2.5%, while core CPI remains stable. This not only indicates that market supply and demand are gradually balancing, but also provides investors with a good opportunity to rea...
The persistence of core inflation exceeded market expectations, significantly cooling hopes for a 50-basis-point rate cut by the Fed next week. Nick Timiraos, often referred to as the "New Fed Whisperer," wrote that the August inflation data has paved the way for a gradual reduction in rates next week. However, the stronger-than-expected housing inflation component might make it harder for Fed officials to ...
He also observed that CEOs attending consumer forums remain highly optimistic ...
The 2024 FOMC Meeting is scheduled for September 18 at 14:00 ET /September 19 at 2:00 AM SGT/September 19 at 4:00 AM AEST. Subscribe to join the live NOW!
The Federal Reserve will lower interest rates by 25 basis points at each of the U.S. The central bank's three remaining policy meetings in 2024, found only nine of 101 expected a half-percentage-point cut next week. With inflation...
$E-mini S&P 500 Futures(SEP4) (ESmain.US)$
$Nasdaq Composite Index (.IXIC.US)$
$E-mini Dow Futures(SEP4) (YMmain.US)$
Just past the 4 pm ET close, $S&P 500 Index (.SPX.US)$ climbed 0.75% the $Dow Jones Industrial Average (.DJI.US)$ climbed 0.58%, and the $Nasdaq Composite Index (.IXIC.US)$ climbed 1...
Moderna $Moderna (MRNA.US)$ shares fell more than 18% in recent Thursday trading after the company said it is reducing its annual R&D expense by about $1...
In the current market environment, Citigroup presents significant investment value due to its low valuation and continuously improving performance metrics. Despite challenges faced by the U.S. banking sector, Citigroup's stock price seems to fully reflect the potential risks, providing an attractive entry point for investors.
Growth and Challenges
First, let's analyze Citigroup's growth potentia...
In the wave of artificial intelligence, Oracle is quietly becoming an indispensable tool supplier for gold miners. The company's cloud services, particularly its applications in AI, have become crucial support for firms like OpenAI, AWS, and Google Cloud.
Recently, Oracle released its Q1 fiscal report for 2025, showing a 21% year-over-year increase in cloud business revenue, reaching $5.6 billion. This is a ...
The release of the U.S. Consumer Price Index (CPI) data for August has once again confirmed market expectations regarding inflation trends.The year-over-year growth rate of the overall CPI has fallen to 2.5%, while core CPI remains stable. This not only indicates that market supply and demand are gradually balancing, but also provides investors with a good opportunity to rea...
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