Bill Smead warns a stock market bubble is set to unwind. Rising 10-year Treasury yields will eventually put pressure on growth stocks, Smead argues. Smead’s view contrasts with Wall Street’s optimistic S&P 500 predictions for 2025. The ongoing optimism around the mega-cap AI stocks driving the S&P 500 doesn’t make sense to Bill Smead. The…
The Federal Reserve cut its benchmark interest rate to between 4.25% and 4.5% on Wednesday. The central bank also projected two cuts next year instead of four, sending stocks tumbling. Here’s how analysts, economists, and other experts reacted to the Fed decision and market reaction. The Federal Reserve cut its benchmark interest rate on Wednesday…
US stocks jumped on Friday, partly driven by Broadcom’s blowout earnings report. Broadcom’s AI revenue soared 220% this year, helping drive its stock up 18% on Friday. Investors are eyeing the Fed meeting next week, anticipating a 25 basis point rate cut. US stocks jumped on Friday, with technology stocks leading the market higher after…
US stocks rose on Monday after November was the best month of the year for markets. The Dow Jones and S&P 500 surged in November after the Presidential election. Investors are focused on economic data and Fed speeches this week as the holiday shopping season heats up. US indexes edged higher on Monday morning as…
US stocks fell on Wednesday, with the S&P 500 snapping a winning streak amid a sell-off in tech. Dell shares dropped 12% after the company lowered guidance for the quarter. Investors took in the fresh inflation data, which bolstered bets for a December Fed rate cut. US stocks ended lower on Wednesday, with the benchmark…
Stocks are bound for another strong year, but not every sector is poised to gain, Wells Fargo said. Scott Wren, the bank’s senior global market strategist, sees muted returns ahead for defensive shares. The bank’s strategists are more bullish on cyclical, interest rate-sensitive stocks, he added. The stock market is on track for strong gains…
US stocks surged on Friday with the Dow Jones rising 426 points amid risk-on trade momentum. Bitcoin neared $100,000, driving speculative asset interest alongside stock market gains. Nvidia’s earnings and a low-volatility week contributed to the positive market outlook. US stocks jumped on Friday, with the Dow Jones surging 426 points to a record close…
The DOJ proposed banning Google from paying for search distribution deals. Google’s search dominance relies on distribution, not just technology. Investors worry Google’s market share could drop if distribution deals end. The online search business is not about technology. It’s about distribution. The US Department of Justice made that clear Wednesday when it proposed fixes…
Nvidia beat forecasts again in its third-quarter results on Wednesday. CEO Jensen Huang said more Blackwell chips will be delivered this quarter than previously estimated. One analyst says some investors are concerned about a possible slowdown in future growth. Nvidia delivered another strong set of quarterly results after the bell on Wednesday, beating estimates. Here’s…
Mark Spitznagel, a bearish investor, predicts stocks may soon lose over half their value in a sell-off. He says a recession could happen by the end of the year, fueled by the government’s $34 trillion debt. His fund, Universa Investments, has made billions from past stock-market crises. A black-swan investor, Mark Spitznagel, says the stock…