A weaker-than-expected U.S. jobs report has significantly boosted expectations for a Federal Reserve interest rate cut as early as September, sending a wave of optimism through financial markets. This prospect of "cheaper money" is widely seen as a supportive catalyst for economic activity and asset valuations, contributing to a
Major Wall Street firms, including Morgan Stanley (NYSE: MS), Deutsche Bank AG (NYSE: DB), and Evercore ISI (NYSE: EVR), have issued cautionary advisories to their clients, signaling a potential stock market pullback of 10-15% in the third quarter of 2025. These warnings come on the heels of a robust rally
While monthly jobs reports often grab headlines, savvy investors are increasingly looking beyond employment figures to a broader array of economic indicators for a more nuanced understanding of market health. Two such crucial metrics, Personal Consumption Expenditures (PCE) inflation and the Chicago Purchasing Managers' Index (PMI), are currently providing critical
Wall Street is once again grappling with the specter of tariffs, as former President and current presidential candidate Donald Trump has renewed threats of substantial tariff hikes on imports from India. The proposed tariffs are a direct response to India's continued purchases of Russian oil, a move Trump claims is
Shares of digital media company Ziff Davis (NASDAQ:ZD) fell 3.2% in the morning session after news of significant job cuts and a series of analyst downgrades soured investor sentiment. The digital media company planned to reduce its workforce by 12-15% at properties like IGN and CNET. This move happened despite a 4.5% increase in first-quarter revenue. However, the company's adjusted EBITDA, a key profit metric, decreased, and its free cash flow became negative, which sparked investor skepticism. Consequently, the stock touched a new 52-week low. Several analysts, including those at Citigroup and JPMorgan, reacted by lowering their price targets for Ziff Davis.
The financial markets are abuzz with renewed speculation regarding a potential interest rate cut by the Federal Reserve, following the release of a surprisingly weak July jobs report. This critical economic data, which revealed sluggish labor market growth and downward revisions to previous months' figures, has significantly altered the landscape
Shares of JPMorgan Chase & Co. (NYSE: JPM) and Bank of America Inc. (NYSE: BAC) are trading lower Tuesday after President Donald Trump claimed the two banks discriminated against him by refusing to accept large deposits.
Shares of medical technology company Inspire Medical Systems (NYSE:INSP)
fell 41.3% in the afternoon session after the company slashed its full-year revenue and profit forecasts, a move that overshadowed a second-quarter earnings beat.
Shares of online insurance comparison site EverQuote (NASDAQ:EVER) fell 7.3% in the afternoon session after the company issued disappointing third-quarter guidance that signaled a significant growth slowdown, overshadowing an otherwise strong quarterly report.
The U.S. labor market could potentially see no growth in workers over the next five years, warns David Kelly, chief global strategist at JPMorgan Asset Management.
Fundstrat Global Advisors Head of Research Tom Lee said Ethereum (CRYPTO: ETH) is among the “biggest macro trends for the next 10-15 years” as BitMine Immersion Technologies Inc. (AMEX:
The digital asset landscape is undergoing a profound transformation, with stablecoins emerging as a pivotal force bridging the chasm between traditional finance and the burgeoning world of cryptocurrencies. These digital assets, designed to maintain a stable value by pegging to fiat currencies or commodities, are not merely a niche product
Cryptocurrency exchange Bullish is targeting a valuation of up to $4.23 billion in its upcoming initial public offering in the U.S., the company disclosed on Monday, August 4.
The U.S. economy finds itself at a pivotal juncture, marked by a cautious Federal Reserve, a significant dip in inflation, and a stark contraction in Wall Street's workforce. In March 2025, the Federal Reserve opted to hold interest rates steady for the second consecutive meeting, signaling a "wait-and-see" approach
The financials sector has been strong all year, and with interest rate cuts on the table later this year, investors looking for exposure can turn to this ETF.
