This week’s economic reports, including payrolls and job openings (JOLTS), are crucial for assessing the likelihood of a Federal Reserve interest rate hike in September. Inflation remains elevated with July's headline PCE at 3.7%, and labor market data indicates tightening conditions and full employment. The odds of a rate increase are near 50%, and even data that meets expectations could raise those odds, while stronger data would increase pressure on the Fed. Treasury yields on 2-year and 10-year notes face limited resistance above current levels, suggesting rates could rise sharply if economic data surprises positively.
Nvidia insiders have sold over $664 million in stock in 2026, with director Mark Stevens accounting for about $445.6 million of that total. Stevens sold shares between March and June, including a major $186 million transaction in June, yet remains a ...
The August jobs report is crucial for the Federal Reserve's decision on a potential September rate hike, with strong labor data increasing the odds. Broadcom faces downside risk ahead of earnings due to high AI expectations, while Apple transitions t...
The software sector outperformed the market as CrowdStrike and Salesforce reported strong earnings, pushing the IGV ETF above its June highs. CrowdStrike impressed with record Net New Annual Recurring Revenue (ARR), accelerating revenue growth, and r...
Meta is rated a Strong Buy due to its strong advertising business, high profit margins, and a solid competitive moat. The company's significant investments in AI, including large language models and recommendation systems, are boosting user engagemen...
Michael Saylor, Executive Chairman of Strategy Inc., posted a cryptic "We’re ₿ack" message alongside a holdings chart showing 840,447 BTC valued at $65.72 billion, sparking speculation about new Bitcoin purchases. The company paused Bitcoin transacti...
