Wall Street ends higher on growing expectations for the Fed’s December rate cut

Wall Street continued its rally on Wednesday as renewed technological strength and the increasing likelihood of a US Federal Reserve rate cut in December put investors in a buying mood the day before Thanksgiving. All three major U.S. stock indexes posted their fourth consecutive daily gain, as investors ignored concerns about inflated technology valuations that […]

1,300% rally in 4 days! Wall Street gets new meme stock to revive GameStop memories

Shares of US-based plant-based protein maker Beyond Meat have surged more than 1,300% in just four trading sessions, fueled by a social media frenzy reminiscent of GameStop’s rally. The rally came after a Business Insider report revealed that a trader named Demitri Semenikhin had been actively promoting the stock online, drawing comparisons to Keith Gill, […]

Chris Wood of Jefferies has a warning for investors who chase AI shares

De recordrun van de Wall Street, gebaseerd op de belofte van kunstmatige intelligentie, risico’s te eindigen in “een enorme buste overinvestering” als beleggers de lessen van recente ontwikkelingen in de sector negeren, zoals kapitaaluitgaven door Amerikaanse technologie -reuzen versnellen in een niet -duurzaam tempo, Christopher Wood, Global Head of Equity Strategy at Jefferies, heeft warns. […]

Powell from Fed indicates the early rate reduction. Dow stands 870 points, Nasdaq 420; CBOE drops 12%

US shares that rose higher on Friday for the Federal Reserve chairman Jerome’s Jackson Hole speech, expanded their leads after the address after the central bank chief hinted with a probable rate reduction quickly in the aftermath of a shaky American labor market. All three most important indices on Wall Street welcomed the announcement and […]