Nvidia’s Stock Extends
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CNBC - Business
Wall Street hits records — here are the winners and the losers after the Fed rate cut
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.14 minutes ago - Federal Reserve -
MarketWatch - Business
Nvidia’s stock is surging. Here’s how it tends to perform after interest-rate cuts.
Nvidia’s stock historically has made dramatic moves in the year after initial Fed interest-rate cuts, and it has outperformed the S&P 500 on average when looking at all rate cuts since the IPO.1 hour ago -
Financial Times - Business
S&P 500 hits new record after Fed makes jumbo cut to US interest rates
Global stocks rally as investors bet that the central bank’s move will support US economic growth1 hour ago - Federal Reserve -
CNBC - Business
Federal judge extends block on Biden’s student debt forgiveness plan
U.S. District Judge Randal Hall extended a restraining order against the Biden administration's latest student debt forgiveness plan.2 hours ago - Joe Biden -
NBC News - Top stories
Judge extends temporary restraining order against Biden's student debt forgiveness plan
President Joe Biden's student debt forgiveness plan faces another setback as a federal judge extended the temporary restraining order against it on Wednesday.3 hours ago - Joe Biden -
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MarketWatch - Business
Mobileye’s stock surges as Intel gives this reassuring sign
Mobileye and Intel shares have both been under heavy pressure this year, but Intel says it has no current plans to sell its majority stake, as some had feared.5 hours ago -
MarketWatch - Business
Corning’s stock rises as it sticks to Q3 profit view
Maker of optical fiber and displays continues to expect Q3 profit of 50 cents to 54 cents a share.5 hours ago -
MarketWatch - Business
Builders FirstSource’s stock rises as it names new CEO
Peter Jackson, who has worked at Builders FirstSource for seven years, will be the next CEO of the company.6 hours ago -
CNBC - Business
China would love a domestic Nvidia rival — but that's proving quite the challenge
Chinese firms face a number of challenges in trying to rival Nvidia including contending with U.S. export restrictions and a lack of tech expertise.12 hours ago - China -
The Hill - Politics
House, Senate Democrats press leadership to quickly extend ObamaCare subsidies
House and Senate Democrats are pressing leadership to quickly pass legislation extending ObamaCare’s enhanced subsidies before they expire at the end of 2025. Sen. Jeanne Shaheen (D-N.H.) and Rep. ...Yesterday -
MarketWatch - Business
Is Super Micro a value stock? This analyst thinks it could be.
Needham sees Super Micro shares as a “value play on AI,” with strong revenue growth helping to justify a premium multiple relative to peer stocks.Yesterday -
CNBC - Business
Jim Cramer says Salesforce's collaboration with Nvidia should not be overlooked
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.Yesterday -
MarketWatch - Business
Attractive Nvidia and Alphabet prices could be a stock-market October surprise. Here’s why.
Tech giants look cheap on an earnings-growth basis, while U.S. stocks overall can resist seasonal weakness.Yesterday -
Financial Times - Business
India overtakes China in world’s biggest investable stock benchmark
Red-hot Indian equities propel country past China weighting in MSCI All-Country indexYesterday - China -
MarketWatch - Business
This company’s performance is challenging the traditional definition of meme stocks
Meme stock chatter continues to swirl around Chewy Inc., but Dan Raju, the CEO of cloud-based financial-services provider Tradier, says the online retailer of pet food and products is challenging ...Yesterday -
MarketWatch - Business
Nvidia’s stock picks up a new bull who says there’s ‘still room on this train’
A William Blair analyst cheers Nvidia’s moat and margins — while also weighing in positively on Broadcom and Arm shares.Yesterday -
CNBC - Business
Jim Cramer's top 10 things to watch in the stock market Wednesday
Wall Street is on track for a subdued open Wednesday, with all eyes on the Fed.Yesterday -
MarketWatch - Business
Dow’s record run leaves transports behind. Here’s what it means for stocks.
How unusual is the underperformance of the Dow Transports — and how concerning is it?Yesterday -
The New York Times - Business
Biden Administration Extends Review Period for Nippon Takeover of U.S. Steel
U.S. Steel’s chief, David Burritt, expressed confidence on Tuesday that the sale of the American manufacturer to a Japanese owner would close “on its merits” despite bipartisan backlash.Yesterday - Joe Biden -
The Wall Street Journal - Business
Salesforce Taps Nvidia to Develop AI-Powered Avatars
The San Francisco companies said the collaboration will develop autonomous-agent and interactive-avatar experiences.Yesterday -
NBC News - Top stories
Judge rules Trump Media breached stock contract with early investor
Trump Media breached an agreement with one of the investors that helped the company go public, and must grant the investor a larger share of its stock, a judge ruled.Yesterday - Donald Trump -
CNBC - Business
Here are the fundamental and the technical reasons that Microsoft stock can be bought
The timing of two positive Microsoft developments ahead of Wednesday's Federal Reserve interest rate cut is welcome.Yesterday -
CNBC - Business
Judge rules Trump Media breached stock contract with early investor
Donald Trump will soon be free to start selling his DJT shares, but the Republican presidential nominee recently said he will not do so.Yesterday - Donald Trump -
ABC News - World
Puerto Rico officials reject request to extend voter registration deadline
Officials in Puerto Rico rejected a petition to extend a voter registration deadline following an outcry over long lines formed by those seeking to participate in this year’s general election2 days ago -
ABC News - Sports
Stanley Cup champion Panthers agree to extend arena deal with Broward County through at least 2033
The Stanley Cup champion Florida Panthers are extending their operating agreement with Broward County for five more years, ensuring that the team remains in the market through 2033 and likely well ...2 days ago - NHL -
MarketWatch - Business
Nvidia’s stock has room to run, but analysts see more upside for six other chip makers
Analysts predict Micron’s stock could nearly double from here, while Marvell and AMD are other favored plays.2 days ago -
GameSpot - Tech
Nvidia CEO Says AI Now Essential for Graphics
Nvidia CEO Jensen Huang has stated that artificial intelligence has become indispensable to modern computer graphics, signaling a major shift in how visual technologies are built. Speaking at the ...2 days ago -
MarketWatch - Business
Deckers stock split takes hold and shares slip
Shares of Ugg and Hoka parent Deckers Outdoor Corp. are down Tuesday after the shoe company’s six-for-one stock split took hold.2 days ago -
MarketWatch - Business
Slowing housing market is hurting this plumbing and HVAC distributor’s sales
Ferguson Enterprises’ stock was headed for a fall Tuesday, after the plumbing, HVAC and appliance products distributor missed quarterly revenue expectations, citing “muted” residential end markets ...2 days ago -
MarketWatch - Business
Polestar’s stock rises as it maintains Nasdaq listing requirements
Polestar Automotive Holding’s stock was up about 1.7% in premarket trading on Tuesday after the electric-vehicle maker said it has satisfied requirements to remain on the Nasdaq.2 days ago -
The New York Times - Business
How the Fed Cutting Interest Rates Affects Stocks, Banks and More
For corporate America, this week’s expected interest rate cut carries risks along with rewards.2 days ago - Federal Reserve -
Financial Times - Business
London’s ailing junior stock market cannot withstand a tax raid
Abolition of Aim would make it harder to stimulate investor interest in smaller companies2 days ago -
CNBC - Business
China seeks a homegrown alternative to Nvidia — these are some of the companies to watch
Some of China's giants inclduing Huawei, Alibaba and Baidu are among those trying to create alternative semiconductor tech to Nvidia.2 days ago - China -
The New York Times - Top stories
Kimmel Takes Stock of Trump’s Rhetoric After Suspect’s Arrest
Jimmy Kimmel said the former president, who blamed Democrats for “highly inflammatory language,” was himself “not a calming influence.”2 days ago -
Financial Times - Business
Fund managers bemoan lack of choice in UK stock market
Rise in foreign takeovers and shortage of IPOs reduce pool that investors can select from2 days ago - United Kingdom