DailyEdge

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Nvidia buys $5 billion in Intel stock in seismic deal

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.

September 18, 2025
Fed meeting likely to produce first rate cut of 2025. Will it keep going?

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.

September 17, 2025
Jobs now matter more than inflation – even as tariff pressures build

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.

September 12, 2025
Inflation expected to stay sticky as Fed readies rate cut

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.

September 11, 2025
Oracle shares jump on $500 billion cloud revenue prospects

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.

September 10, 2025
Dow, S&P 500, Nasdaq drift higher as Wall Street weighs Fed's next move

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.

September 9, 2025
Inflation in focus as September Fed meeting nears: What to watch this week

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.

September 8, 2025
Broadcom shares rally as $10 billion deal shows AI strategy is paying off

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.

September 5, 2025
Dow, S&P 500, Nasdaq futures stall as signs of labor-market cracks boost rate-cut bets

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.

September 4, 2025
Alphabet stock pops 6% in premarket trading after Google avoids break-up in antitrust case

Alphabet stock pops 6% in premarket trading after Google avoids break-up in antitrust case

Alphabet shares rose 6% in premarket trading on Wednesday as investors viewed the result of Google’s antitrust case as broadly favorable to the tech giant.

September 3, 2025