Stocks hit fresh highs before turning lower after August’s jobs numbers disappoint. Tesla proposes a new pay package for Elon Musk. Plus, three stocks in less than three minutes…Rapid Fire is back.
Listen to the day's top stories, the must reads & a whole lot more for today's modern investor.
Listen to the day's top stories, the must reads & a whole lot more for today's modern investor.
A court hearing ended without a judge ruling on Lisa Cook’s request to temporarily bar Pres. Trump from firing her. We’ll look at the next steps in her legal battle. Plus, retail earnings season rolls on, but a lot of companies are warning about the tariff impact ahead of the holiday season. And AI is climbing the corporate ladder, no longer just coming for entry-level jobs.
Nvidia’s data center demand disappointed for the second quarter in a row, but Truist is looking at the long-term. Robert Primus, a member of the regulator examining the mega- merger between Union Pacific and Norfolk Southern, and one of the latest officials the White House has tried to fire, joins with his plans to fight back. Plus, will the Trump administration’s closure of a key shipping loophole mean the end of super-cheap goods from China?
Nvidia reports after the bell, but GMO’s Tom Hancock says AI profitability seems more certain longer-term in other chip names. Fed Governor Lisa Cook, who President Trump moved to fire yesterday, could file a lawsuit as soon as today. Plus, the companies making retirement benefits more accessible for small businesses.
President Trump moving to fire Federal Reserve Governor Lisa Cook, citing allegations of mortgage fraud. We spoke with another federal official locked in a legal battle with the president over her own firing, and our panel of experts discusses the fallout for rates and the market.
What the options market is saying about Nvidia’s post-earnings move. President Trump saying the government could take stakes in more companies. Plus, just how much AI could create in market value over the long-term, according to Morgan Stanley.
Fed Chair Powell paving the way for a September rate cut, sparking a rally on Wall Street and helping to boost tech after some rough sledding. We dig into what to expect from the Fed after the next meeting and how to position. Plus, BofA’s Savita Subramanian changing course on one segment of consumer stocks after being bullish for two years
Former Fed Governor Larry Lindsey weighs in on the chance of a September cut. We look at where traders are buying the recent weakness in momentum stocks. Plus, it’s a bird, it’s a plane…no, it’s a burrito!
Barclays not expecting a September rate cut. Their strategist tells us how to play a potential Powell hawkish surprise at Jackson Hole. Target has a new CEO, but the same issues. Plus today’s AI spending may look like the Internet boom of the ‘90’s, but there’s a key difference this time around.
Why the Fed could skip a September cut altogether, despite higher inflation data. BTIG makes the case for sticking with Viking Therapeutics despite disappointing weight loss drug trial data. Plus, the laggards our traders says to buy now.
Chip stocks under pressure following weak guidance from equipment maker Applied Materials. Intel the notable exception on a report that the U.S. government is looking to take a stake in the chipmakers. Our trader tells us which semi stocks he’s buying. Plus, United Health sharply higher after Berkshire Hathaway revealed a stake of five million shares, worth about $1.6 billion. We dive into that move and more.
Listen to the day's top stories, the must reads & a whole lot more for today's modern investor.
Listen to the day's top stories, the must reads & a whole lot more for today's modern investor.
Listen to the day's top stories, the must reads & a whole lot more for today's modern investor.
Listen to the day's top stories, the must reads & a whole lot more for today's modern investor.
Listen to the day's top stories, the must reads & a whole lot more for today's modern investor.
President Trump plans a 100% tariff on semiconductors, just as his global “Liberation Day” tariffs go into effect. OpenAI launches GPT-5. Plus, can anything stop Doordash?
Apple shares climb after announcing it will invest another $100B in the US, bringing the total amount the tech giant will invest over the next four years to $600B. But, one technician sees resistance ahead for Apple’s share price. Plus, Fundstrat’s Tom Lee says bitcoin is a leading indicator—and right now, that’s good for stocks.
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Exchange is much worse than NBR. Wish the change never happen.