Business
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U.S. stocks bounce, Dow rises 250 points as investors weigh upbeat economic data
[]U.S. stocks traded higher Tuesday, led by mega tech stocks, with data suggesting the economy remains resilient despite higher interest rates as investors approach the end of the second quarter and the first half of the year. What’s happening The Dow Jones Industrial Average DJIA, +0.72% rose 255 points, or 0.8%, to 33,970. The S&P…
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Fox News taps Jesse Watters to fill Tucker Carlson’s 8 p.m. slot
Fox News personality Jesse Watters has been tapped to anchor a show for the network’s coveted 8 p.m. Eastern time slot previously occupied by the fired Tucker Carlson, the network announced Monday. Watters, who has been serving as a co-host for Fox’s roundtable TV show “The Five” as well as “Jesse Watters Primetime,” will move…
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Another way to play AI stocks: These companies, including Nvidia, have been the most efficient chip makers
How should you play a long-term trend in the stock market? Investors have made an early bet on years of deployment of artificial intelligence across the corporate world by focusing on data-center infrastructure. This year the big bet has been on Nvidia Corp. — the stock has returned 189% this year, with dividends reinvested. On…
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Russia’s Putin survives short-lived Wagner Group mutiny. Here’s what that means for oil.
[]The Wagner Group’s attempted coup over weekend in Russia cast some doubt over Russian President Vladimir Putin’s political power, and raised uncertainty surrounding the production outlook for the one of the world’s biggest oil producers. []The rebellion saw the mercenary paramilitary force, led by Yevgeny Prigozhin late Friday, take over Russia’s southern military headquarters in…
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After a coup attempt in Russia, how should you invest $100,000 right now?
Got $100,000 to spare? If so, do the opposite of what happened in Russia over the weekend — don’t make any sudden moves. U.S. stocks were mostly treading water Monday after a dramatic weekend in Russia when Yevgeny Prigozhin, leader of the mercenary Wagner Group, marched to the outskirts of Moscow, Russia’s capital, threatening the…
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I’m jumping into this past winner again ?
If you’re not a Bullseye Trades member yet, you’d better listen closely. Uncle Jeff is here to help you through what’s ahead, and I’m doing this by going back to a previous Bullseye Trades winner for my… Look, right now the front pages of top financial media sites are growing increasingly cluttered with worrisome…
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IPO market readies for six-deal week, with four expected to raise more than $100 million
There were signs of life in the initial public offering on Monday with a lineup of six deals on tap this week, four of which are expected to raise more than $100 million. There were zero pricings last week, which was shortened by the Juneteenth Holiday Monday. But in another upbeat sign, five companies have…
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Banks face yet another risk, this time from faster payments, Moody’s says
A forthcoming Federal Reserve initiative to enable faster payments could give consumers and businesses more flexibility but bring further risk for banks, according to a Moody’s analyst. With the Federal Reserve slated to roll out its FedNow instant-payment system in July, Moody’s analyst Stephen Tu weighed in Monday to suggest the service may end up…
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[Save ?] Upcoming Events June 26th Week
?Did Someone Say Complimentary?!? It’s Official, Jeff Williams Is TOO Generous! Wednesday, June 28, 9AM ET. Market Navigator’s Trade of the Day’s Open to the Public! *results not typical., performance not prmoised You’ll Receive Jeff’s S&P 500 Trade Of The Day… Real-Time Mentorship…The S&P 500 At It’s Finest! ?New: Atomic’s Going Quarterly? Atomic Trades…
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Despite high prices, Americans are looking at pricier dining options — and other fun events
Inflation is causing people to spend more on groceries, and there are fears of a looming recession — but the post-pandemic trend of people venturing out to dine and have fun seems to be continuing. Despite high food prices, it seems that Americans are willing to splurge on fun and fine dining. In the past…