Wednesday, November 13, 2024
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Stock Market

Stock Market

Fed still on track for June rate cut, and 2 other takeaways from Powell’s press conference

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Beneath the surface, several important messages came out of Jerome Powell’s press conference. Source link
Stock Market

‘They got caught up in the 2008 crash’: My friend invested $50,000 in her brother’s failed property business. On her deathbed, he pledged to...

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“He wants to leave his house — worth about $200,000 with a $28,000 mortgage — to his own adult children.” Source link
Stock Market

Micron blows away Wall Street estimates, but a specter potentially looms

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Samsung and Hynix will soon have rival high-bandwidth memory chips on the market. Source link
Stock Market

Micron’s stock rockets higher as company delivers big, AI-fueled earnings beat

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The memory-chip company swung to a surprise profit and vastly exceeded the consensus view with its outlook. Source link
Stock Market

Five Below is backing away from self-checkout to limit theft, after hit to profits

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Shares of teen-centric discount retailer Five Below Inc. sank on Wednesday after the company forecast full-year profit and sales that fell short of...
Stock Market

DOJ reportedly will file antitrust lawsuit vs. Apple as soon as Thursday

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The Justice Department could file its long-rumored antitrust lawsuit against Apple Inc. as soon as Thursday, according to a report late Wednesday. Source link...
Stock Market

What New Jersey did right — and New York did wrong — with recreational-cannabis launches

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New Jersey is now on track for $1 billion in cannabis sales, while New York is launching an overhaul of its licensing program...
Stock Market

Chewy says pet business is ‘recession resilient’ as it swings to surprise profit

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Chewy Inc. surprises Wall Street with a quarterly profit. Source link
Stock Market

Rep. McHenry says the odds of a crypto bill before Election Day are improving

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The House of Representatives’ most important crypto booster said Wednesday he is “optimistic” that Congress will pass legislation this year to bring greater...
Stock Market

Treasury yields still broadly lower after Fed decision

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Treasury yields remained lower on Wednesday soon after the Federal Reserve left interest rates unchanged and signaled that three quarter-point rate cuts are...
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