Tag: Markets
Apple sets quarterly revenue record as earnings broadly beat expectations, shares climb
Apple blew past Wall Street expectations with its third-quarter earnings report released Thursday, revealing robust growth driven by persistent iPhone demand, surging services revenue,...
The Fed’s Powell said ‘downside risks’ six times in his press conference yesterday—is that bad news for tomorrow’s jobs number?
U.S. Federal Reserve Chairman delivered an entirely predictable press conference yesterday as he kept interest rates on hold at the 4.25% level and said...
Europe surrenders to Trump (and thus secures a victory by the back door)
Stocks are up this morning on the certainty of a new trade deal between the U.S. and the EU. American businesses and consumers will...
S&P 500 sets 5 all-time highs in one trading week
Stocks climbed to more records on Wall Street. The S&P 500 rose 0.4% Friday, setting an all-time high for the fifth time this week....
The stock market just blew through Warren Buffett’s favorite danger signal
The U.S. stock market has just blown through Warren Buffett’s favorite economic indicator, stock market cap to GDP, setting a new all-time high. The...
Trump backs Musk as Tesla stock slides 9%: ‘I want Elon, and all businesses within our Country, to THRIVE’
President Donald Trump took to social media Thursday morning to support Elon Musk’s car company, a startling development given their bitter public feud.
”I want...
‘Goldilocks’ is ignoring the three bears, Wall Street says
Markets are mostly maintaining their all-time highs despite Trump’s tariffs, threats to Fed independence, and analysts reducing their expectations for U.S. GDP growth. Investors...
Crypto market soars past $4 trillion and Coinbase notches all-time high—but traditional stocks dip
Crypto briefly soared while the broader markets stagnated Friday after Congress passed a landmark bill for digital assets.
The total market capitalization for all...
Stocks rise Thursday after strong corporate earnings reports
Stocks closed higher on Thursday, thanks to a host of positive corporate earnings reports and better-than-expected economic data.
Both the the S&P 500 and the Nasdaq...
For one hour, investors got a taste of a new world where the Fed is run by a ‘stooge’—and they hated every minute of it
The markets got a taste yesterday of what it would be like if President Trump fired U.S. Federal Reserve Chair Jerome Powell—and they threw...