Microsoft Corp. has another headwind in its proposed $69 billion acquisition of videogame publisher Activision Blizzard Inc., in the form of an injunction from the Federal Trade Commission. Late Monday, the FTC confirmed reports earlier in the day that it would block the acquisition, and filed a temporary restraining order…
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Amateur and professional investors alike are finally warming to the idea that U.S. stocks can continue to climb higher during the months ahead. All it took, it seems, was a rise of more than 20% off the S&P 500’s SPX, +0.93% October lows, the threshold need to end its longest…
Taiwan’s Economic Daily News reported that TSMC was now using 70% to 80% of its 5-nanometer transistor-making capacity because of Nvidia orders. AFP/Getty Images U.S. shares of Taiwan Semiconductor Manufacturing Co. outpaced the broader chip sector Monday following a report that increased AI-related orders from Nvidia Corp. have allowed the…
Just a reminder my next Bullseye of the Week is dropping pre-market – Jeff Williams will be running down this week’s Market Outlook with you during today’s 11am EST session…and on that note JW is also launching Atomic Trades on Tuesday- save your seat NOW ? Tuesday, June 13th…
Hi, MarketWatchers. Don’t miss these top stories.‘This is something huge for us’: Food-delivery workers in New York set to earn $18 minimum wage next month Uber, DoorDash and Grubhub are not pleased with the outcome, which they call “extreme” — while some worker advocates say the city fell short. ‘Remote…
The S&P 500 index exited a bear market on Thursday, while a closely watched gauge of stock-market volatility dropped to a more-than-three-year low. Those two things are related, says Fundstrat Global Advisors founder Tom Lee. The Cboe Volatility Index VIX, +8.53%, an options-derived measure of expected volatility in the S&P…
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The U.S. economy hasn’t slowed all that much. High inflation has proven to be quite sticky. And the rip-roaring labor market is still producing lots of new jobs. No matter. The Federal Reserve is poised to make no change in a key U.S. interest rate next week after raising it…
It is the notion that the Federal Reserve could deliver a hawkish jolt to markets even if it refrains from raising rates when its two-day policy meeting ends on Wednesday. There are concerns that such an outcome could spark a turnaround in U.S. stocks, especially if an uncomfortably strong reading…