Apple is reportedly in talks with Google to use its Gemini AI models to overhaul Siri, as analysts criticize Tim Cook's AI strategy as a "disaster" and urge Apple to pursue acquisitions and partnerships to catch up with rivals.
In this week's video, we'll review the latest charts and data to help us answer the question, did the Fed just open the door to a strong finish to 2025?
In this video, Ira Epstein discusses the recent comments by Fed Chair Powell, highlighting a potential shift in the Federal Reserve's approach to inflation and interest rates.
Reporting Q2 earnings of $0.68 a share on Thursday, Walmart’s profit was dented by unexpected legal expenses, missing EPS expectations of $0.73. Similarly, Target exceeded Q2 sales estimates on Wednesday but missed earnings expectations.
President Donald Trump's announcement that the U.S. government now holds a 10% stake in Intel, valued at $11 billion, has sparked sharp debate, with economist Peter Schiff calling it unconstitutional and a threat to free-market capitalism, while analyst Daniel Newman praised it as a critical investment for national security and semiconductor independence.
Chair Powell could have been super balanced, or even hawkish. But he effectively chose to endorse the market discount for a rate-cutting phase ahead. It's had quite the reaction. Risk assets are up, the dollar down, so is the front-end yield.
The surge has given fresh momentum to gold-focused exchange-traded funds (ETFs), which provide investors with an easier and more accessible way to gain exposure to gold.
Palantir CEO Alex Karp sold $62.7 million in stock amid rising valuation concerns and insider selling pressure, even as the stock remains up 397% year-over-year.
On Friday, Canadian Prime Minister Mark Carney announced that Canada will drop its retaliatory tariffs in step with the United States as both countries work to de-escalate their trade dispute.
Intel Corp is rallying late on Friday after President Donald Trump confirmed the US government has finalised a deal to take a 10% equity stake in the beleaguered chipmaker.
Jay Powell made some dovish sounds from Jackson Hole this morning. So stocks and all the rate cut sensitive assets rallied strongly. Gold and silver rocketed higher as the Dollar plunged.
