JPMorgan chief U.S. economist Michael Feroli believes there is a strong case for the Federal Reserve to speed up the pace of rate cuts.
Schlagwort-Archiv: CNBC
How high earners can funnel money to a Roth IRA, the ‚gold standard‘ of retirement accounts
High earners may find it tricky to access tax breaks in individual retirement accounts. A workaround may help.
Why Broadcom stock is tumbling after an earnings beat — and how to play the dip
The investment thesis for Broadcom is intact: AI revenues are strong, non-AI semi sales are bottoming and the VMWare integration is exceeding all expectations.
Broadcom says it will sell $12 billion in AI parts and custom chips this year
Broadcom CEO Hock Tan said in a statement that the company expects to record $12 billion in sales from AI parts and custom chips in fiscal 2024.
Thursday’s big stock stories: What’s likely to move the market in the next trading session
The S&P 500 and the Nasdaq Composite booked back-to-back losses on Wednesday. Here’s what CNBC TV is watching going into Thursday.
Visa debuts a new product designed to make it safer to pay directly from your bank account
Visa said it plans to launch a dedicated service for bank transfers, skipping credit cards and the traditional direct debit process.
Cramer names the No. 1 underappreciated megacap to buy in the recent tech stock sell-off
Microsoft’s gen AI prospects are impressive, but the stock has more to offer investors than just the new tech.
Ken Griffin’s Wellington hedge fund at Citadel squeezes out 1% gain in volatile August
Citadel’s multistrategy Wellington fund gained about 1% in August, bringing its year-to-date return to 9.9%.
Volvo Cars cuts margin and revenue aims after ditching electric vehicle target
The Swedish automaker is trimming its earnings margin goal for 2026 due to „increased complexity especially in relation to global trade and tariffs.“
Nvidia is a no-go for over half of this ultra-rich club’s members with assets worth $165 billion
Over half of Tiger 21’s members don’t invest in Nvidia, according to a recent asset allocation report released by the network of ultra high net worth investors.