A Fed meeting, jobs report, and more Big Tech earnings: What to know this week
Stocks rebounded as tech earnings spawned a rally in markets despite growing concerns that the Fed will hold interest rates higher for longer.
Best Free US Stock Signals for 2024
Stocks rebounded as tech earnings spawned a rally in markets despite growing concerns that the Fed will hold interest rates higher for longer.
This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with:
Since the advent of the internet three decades ago, numerous next-big-thing investment trends have come and gone. But none of these trends have offered to change the growth arc for corporate America quite like the artificial intelligence (AI) revolution.
Concerns about higher inflation and a weakening economy pushed indexes into a bear market back in 2022, but last year, things began to look brighter. Many companies made efforts to cut costs and focus on their most profitable businesses, spurring a rebound in earnings. E-commerce and cloud computing giant Amazon is a perfect example of that, and the stock has climbed nearly 70% over the past year.
Nvidia has been an ideal long-term investment. Shares soared 45,900% over the last 20 years as the company transitioned from computer graphics trailblazer to accelerated computing powerhouse. But the stock has been especially hot lately. Shares more than tripled during the past 12 months as investors leaned into the artificial intelligence gold rush. But those gains have given rise to concerns about Nvidia's valuation.
Everybody wants inflation to get lost. For a while, it looked hopeful. But we can’t quite slam the door on the bugger.
(Bloomberg) — Prime Minister Srettha Thavisin named capital markets veteran Pichai Chunhavajira as Thailand’s new finance minister in an appointment that may ease tensions between the premier and the central bank over monetary policy.
For investors, each week in every month and every quarter has its own rhythms.
This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with:
This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with: