DailyEdge
Page 26 of 52
Fed's Powell, Miran set to speak: What to watch this week
Stocks finished the week at record highs as investors digested the Federal Reserve's interest rate cut and weighed the path ahead for policy.
Nvidia buys $5 billion in Intel stock in seismic deal
In a surprising announcement that finds two long-time rivals working together, Nvidia and Intel announced today that the companies would jointly develop multiple new generations of x86 products together.
Fed meeting likely to produce first rate cut of 2025. Will it keep going?
The Federal Reserve is widely expected this week to make its first interest rate cut of 2025, but the bigger question for investors is how many more cuts could be on the way as the central bank contends with a weak job market, sticky inflation, and mounting White House pressure.
Jobs now matter more than inflation – even as tariff pressures build
President Trump’s tariffs are no longer just a policy debate in Washington - they’re starting to show up in your grocery bill, your back-to-school shopping cart, and even the parts and prices of the cars you drive.
Inflation expected to stay sticky as Fed readies rate cut
August's Consumer Price Index (CPI) is expected to show inflation remained sticky last month, with headline prices rising at a faster clip than in July.
Oracle shares jump on $500 billion cloud revenue prospects
Oracle shares soared about 29% before the bell on Wednesday after the enterprise software company forecast booked revenue from its core cloud business to exceed half a trillion dollars over the next few months.
Dow, S&P 500, Nasdaq drift higher as Wall Street weighs Fed's next move
US stock futures nudged up on Tuesday as investors eyed the prospects for interest-rate cuts ahead of marquee inflation readings later in the week, with Apple's annual iPhone event in closer view.
Inflation in focus as September Fed meeting nears: What to watch this week
Inflation data will highlight an otherwise tame earnings and economic calendar in the first full trading week of September as investor attention turns to the Federal Reserve's next policy meeting.
Broadcom shares rally as $10 billion deal shows AI strategy is paying off
Broadcom shares jumped nearly 9% in premarket trading on Friday after the chipmaker unveiled a blockbuster $10 billion AI chip order from a new customer, fueling optimism about its strategy to design custom chips.
Dow, S&P 500, Nasdaq futures stall as signs of labor-market cracks boost rate-cut bets
US stock futures traded flat on Thursday after the release of new data amped up anticipation for Friday's jobs report and boosted bets on a Federal Reserve rate cut this month.