Wall Street, Federal Reserve System
Digest more
Listen below or on the go via Apple Podcasts and SpotifyThe following is an abridged transcript:Our top story so far, Warner Bros.
The S&P 500 fell almost 2% this past week as fears of an AI bubble led to sharp intraday market swings.
More swings hit Wall Street on Friday, except the U.S. stock market finished higher this time. After bobbing up and down through the morning, the S&P 500 took off and rallied nearly 2% before finishing with a gain of 1%. The Dow Jones Industrial Average climbed 493 points, or 1.1%, and the Nasdaq composite rose 0.9%.
The Nasdaq rallies more than 2%. Novo Nordisk sinks after weight-loss drug falls short on Alzheimer’s test. Michael Burry’s big reveal falls short.
Bitcoin and other digital tokens have lost more than $1 trillion in value in recent weeks, raising concerns about a wider market fallout.
TipRanks' ranking service discusses three stocks favored by Wall Street, including Microsoft and Booking Holdings.
Wall Street's main indexes were mixed at the open on Tuesday as investors took stock of a series of delayed economic data to gauge the health of the U.S. economy, while Alphabet gained after a report said Meta was in talks to spend billions on the Google parent's chips.
Despite the current narrative, one bullish Wall Street analyst just doubled their price target on the stock market darling.
A new report looks at residential land ownership by corporations, adding to more data about the impact of these landlords.
Just this morning, the firm upgraded AMAT to a buy rating with a price target of $285. They pointed to a far more bullish outlook for wafer fab equipment over the next two years. Rising demand for memory means that [analyst Timothy] Arcuri now expects WFE to
Oracle has been extremely volatile in recent months. The company reported blowout earnings in September, but now investors have doubts. Appaloosa just loaded up on stocks in a sector that has underperformed the broader market,