Market News

Bessent Challenges Markets as Treasury Yields Push Toward 5%

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Treasury Secretary Scott Bessent is increasingly putting his market credibility on the line as he attempts to navigate a turbulent financial environment shaped by...

AI Infrastructure Stocks Rally as Major Deals Reinforce Data Center Spending

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AI infrastructure stocks surged Tuesday as a series of major partnerships involving Corning, Qualcomm and Amazon strengthened investor confidence that data center spending will...

How Nike Lost Its Way: When the DTC Strategy Went Too Far

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For decades, Nike built one of the most powerful brands in the world by doing something deceptively simple: create products people wanted, market them...

China hits back at G20 statement on its reliance on exports, accusing them of...

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China rejected G20 pressure over export-driven growth while also challenging U.S. Iran sanctions and European trade measures.

Goldman Sachs Warns of Lower Returns Over The Next 12-Months

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Investors may need to temper their expectations for the stock market over the next year, according to Goldman Sachs chief global equity strategist Peter...

The Bond Yield Is Setting The Tone For The Economy

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Interest rates on government bonds continue to rise, increasing the cost of borrowing for consumers and businesses and raising concerns about government debt. Rising...

Prediction market traders think job creation rebounded in August

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Traders see 50-50 odds that the U.S. economy added more than 50,000 jobs last month.

Fed Governor Barr says he'll support rate hike if inflation doesn't ease

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The policymaker said he's concerned about "broader price pressures taking hold" as inflation has prevailed above the Fed's 2% target.

Marvell Technology: Why the AI Chipmaker Could Reach $285 by Year-End

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Marvell Technology (MRVL) reported a strong second quarter earnings report last week. Revenue of $2.739 billion, up 37%, surpassing midpoint guidance by $39 million....

Kalshi partners with brokerage Alpaca as it tries to build its international audience

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The prediction market platform and the financial infrastructure and brokerage startup are working to get Kalshi's event contracts to global investors.

Jackson Hole analyst roundup: Warsh's speech sends hike chances higher, may put Fed 'at...

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Fed Chair Kevin Warsh's hawkish stance reinforced expectations of a relatively tighter stance at the Federal Open Market Committee meeting in September.

Is Dick’s Sporting Goods Telling Us Something About The Economy?

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Dick's Sporting Goods plummeted 14% after the retailer posted disappointing second quarter numbers and lowered its full-year guidance.  The company slashed its full-year EPS outlook...

Scott Bessent Unveils Economic Plan That Leaves The Markets Stunned

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The Trump administration is fighting a two-front war: an increasingly aggressive Iran and a bond market that is demanding higher yields. Treasury Secretary Scott Bessent...

Broadcom seeks up to $80 billion in debt for AI chip deal

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Broadcom is reportedly in talks with lenders to raise $70 billion–$80 billion of debt to finance a massive chip deal benefiting AI companies including...

Bond Buybacks Leave The Economy Flashing Red

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On Wednesday the Treasury Department announced its plan to more than double the size of its government debt repurchases, in an attempt to drive...

The Bond Market Is Doing The Fed’s Job

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The 30-year Treasury hit a 19-year high, touching 5.323% and closing just below 5.3% Tuesday. This adds pressure to already high mortgage rates. The 30-year...

Nvidia Looks To Change The Way AI Is Financed, Is It For The Better...

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Nvidia is looking to turn AI infrastructure into a massive investable asset class, giving Wall Street to supply the capital needed to build data...

Nvidia With Another Big Partnership

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Nvidia, Open AI, and SB Energy are partnering up to build a massive data center in Ohio.  Nvidia will chip in $105 billion for financing....

CPI Sets The Tone For No Rate Hikes

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A cooler-than-expected inflation picture in July is likely to reinforce expectations that the Federal Reserve will leave interest rates unchanged at its September meeting. Core...

Don’t Let Wall Street Continue Lying About SpaceX

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SpaceX is the most interesting speculation stock on the market. The price range for this company falls between $53.61 and $382.13 a share. The company...