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Read More »The Dow spikes more than 400 points as Fed minutes and an inflation report come into focus
The Dow jumped more than 400 points on Wednesday after the release of minutes from the Fed’s Sept. 17-18 meeting showed how officials agreed to a half-point rate cut. Despite being divided on the economic outlook and uncertain about how aggressive to be, the Fed settled on a 50-basis-point reduction—the …
Read More »Axon Enterprise, Inc. (AXON) Stock Forecasts
Analyst Profile John D. Staszak, CFA Securities Analyst: Consumer Discretionary & Consumer Staples John’s specialty at Argus includes the gaming, lodging and restaurant groups within the Consumer Discretionary sector. John earned an MBA from the University of Texas and a BA in Economics from the University of Pennsylvania. In the …
Read More »Market Update: AXON
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Read More »Dow leads stocks higher with Fed and Google breakup in focus
US stocks popped on Wednesday as the risk of a Google breakup prompted a pause for thought in the wait for more Federal Reserve clues to the chances of a “soft landing.” The Nasdaq Composite (^IXIC) pared earlier losses to rise about 0.1% while the S&P 500 (^GSPC) added about …
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Read More »This Artificial Intelligence (AI) Software Company Could Be the Next Palantir
For quite some time, the view surrounding Palantir Technologies (NYSE: PLTR) was stuck somewhere between a generational software developer or an “AI imposter,” depending on whom you ask. One of the biggest reasons for this polarizing viewpoint is that many investors simply do not understand what Palantir actually does. Juxtaposing …
Read More »Why you should take profits on the red-hot gold trade: Strategist
Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, YouTube or wherever you find your favorite podcasts. Some shine is due to come off the red-hot gold trade. “Gold is fascinating, and I think people are certainly starting to hedge their bets,” Kathryn Rooney Vera, chief markets strategist at …
Read More »Dow, S&P 500, Nasdaq futures stall with Fed and Google breakup in focus
US stock futures stalled on Wednesday as the risk of a Google breakup prompted a pause for thought in the wait for more Federal Reserve clues to the chances of a “soft landing”. Futures on the Dow Jones Industrial Average (YM=F), the S&P 500 (ES=F), and the tech-heavy Nasdaq 100 …
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