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Over the past three decades spanning from 1990 to 2022, the average return for $S&P 500 Index(.SPX.US$ in September has been -0.9%, which is the worst among all other months. This year, as in line with historical trends, the S&P 500 wiped out its gain of over 5% for the year during September.
We are approaching a seasonal pivot point in the stock market. Based on historical price patterns, stocks are likely to chug ...
We are approaching a seasonal pivot point in the stock market. Based on historical price patterns, stocks are likely to chug ...
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Semiconductor Intelligence (SC-IQ) estimates $NVIDIA(NVDA.US$to surpass Intel as the largest semiconductor company in 2023, with a projected total revenue of $52.9 billion compared to $Intel(INTC.US$'s projected $51.6 billion.This is largely due to Nvidia's strong performance in artificial intelligence processors, which is expected to double its 2022 revenue. While Intel has held the top position for most of the last ...
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ColumnsWill Uranium Stocks Extend Rally as Big Tech Plunges Ahead on Nuclear Energy to Power Data Centers?
$Microsoft(MSFT.US$ is seeking to hire a principal program manager of nuclear technology to lead the implementation of a global small modular reactor (SMR) and microreactor energy strategy. The purpose of this strategy is to power the data centers on which Microsoft Cloud and AI reside on.
With grids around the world struggling, power availability has become a critical bottleneck for data center b...
With grids around the world struggling, power availability has become a critical bottleneck for data center b...
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MACRO
US Jobless Claims Fall to 201,000, Lowest Level Since January
Applications for US unemployment benefits fell to the lowest level since January last week, indicating a healthy labor market that continues to support the economy.
Initial jobless claims dropped by 20,000 to 201,000 in the week ending Sept. 16, returning to within striking distance of the lowest level in more than five decades, according to Labor D...
US Jobless Claims Fall to 201,000, Lowest Level Since January
Applications for US unemployment benefits fell to the lowest level since January last week, indicating a healthy labor market that continues to support the economy.
Initial jobless claims dropped by 20,000 to 201,000 in the week ending Sept. 16, returning to within striking distance of the lowest level in more than five decades, according to Labor D...
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The Fed paused rate hikes in September and maintained its target range for the federal funds rate at 5.25%-5.50%. Despite this, the Fed reinforced its commitment to "higher for longer" interest rates and provided a more hawkish outlook on interest rates for 2024 compared to earlier forecasts.
According to the September dot plot, a majority of officials projected the policy rate to be within the range of 4.875% to 5....
According to the September dot plot, a majority of officials projected the policy rate to be within the range of 4.875% to 5....
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A FactSet research report shows that among all the sectors the company tracks, analysts are most optimistic about the energy sector. In addition, there are several aspects to watch out for in the fourth quarter:
As Q4 approaches, analysts are most optimistic about the Energy sector, with the highest percentage of Buy ratings (64%), followed by the Materials and Financials sectors. Conversely, analysts are most pessimis...
As Q4 approaches, analysts are most optimistic about the Energy sector, with the highest percentage of Buy ratings (64%), followed by the Materials and Financials sectors. Conversely, analysts are most pessimis...
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US Housing Starts Drop to Lowest Since 2020 While Permits Rise
New US home construction dropped in August to the lowest level since June 2020, highlighting the toll of declining housing affordability.
According to government data released Tuesday, residential starts decreased 11.3% to a 1.28 million annualized rate last month. A sharp decline in multifamily construction largely drove the drop, while applicati...
US Housing Starts Drop to Lowest Since 2020 While Permits Rise
New US home construction dropped in August to the lowest level since June 2020, highlighting the toll of declining housing affordability.
According to government data released Tuesday, residential starts decreased 11.3% to a 1.28 million annualized rate last month. A sharp decline in multifamily construction largely drove the drop, while applicati...
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At 2 p.m. EDT on September 20, the Federal Reserve will make the decision on interest rates and release the latest quarterly economic forecast and interest rate dot plot. Economists see the Fed holding rates steady when their meeting ends Wednesday.
Fed Chairman Powell will hold a press conference later. His speech at the central bank's annual summit in Jackson Hole, Wyo., last month seemed to satisfy both hawks and doves, with ...
Fed Chairman Powell will hold a press conference later. His speech at the central bank's annual summit in Jackson Hole, Wyo., last month seemed to satisfy both hawks and doves, with ...
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