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Shares Gained Nearly 16% Last Week Source: TradingView.com Key Takeaways Nvidia shares will likely remain on watchlists Monday after the AI investor darling surged last week as investors snapped up a recent dip in the stock. The stock has rallied towards the top trendline of a descending channel, though the …

(Bloomberg) — A gauge of Chinese stocks listed in Hong Kong fell after broadly weaker macro data dashed optimism of a meaningful rebound in the economy in the absence of comprehensive stimulus. Most Read from Bloomberg The Hang Seng China Enterprises Index slid as much as 1.3%, snapping a two-day …

Trump Media Faces $4B Downslide As Shareholders Prepare For Lockup Agreement Expiration Donald Trump‘s media startup Trump Media & Technology Group Corp. has experienced a substantial depreciation in its value, shedding nearly $4 billion. What Happened: As the lockup agreement nears its expiration, the company’s major shareholders are gearing up …

(Bloomberg) — Asian stocks are set for a cautious open Monday after a slew of worse than expected Chinese economic activity data landed over the weekend. Most Read from Bloomberg Futures point to a decline in Hong Kong shares, and a small gain for Australia’s benchmark. US equity futures were …

Boeing Machinist Strike Adds Cash Crunch to New CEO’s Rescue Mission Source link

A version of this article first appeared on TKer.co (AI) is right now. are bullish on the promise of taking mountains of data, processing it, and producing cost-effective goods and services that are what could be made by humans. . And the is expected to and drive profit growth for …

Spencer Platt/Getty Images More analysts are recommending “defensive” shares over AI plays as macro conditions change. Utilities, a classic defensive sector, are going toe-to-toe with tech. With some questioning the AI rally, investors could benefit from non-tech growth companies, an analyst said. Defensive recommendations have taken center stage on Wall …

Choosing your Social Security filing age is perhaps the most important retirement decision you’ll make, as it can affect your benefit amount by hundreds of dollars per month. You can begin claiming as early as age 62, but that comes at a steep price: a permanent benefit reduction of up …

Wall Street’s great debate — a Fed rate cut — is back in the spotlight. This time, it’s not whether the Jerome Powell led central bank will act at its September meeting, but rather, the size of the cut: 25 basis points or 50. The case for a 50 basis …

(Bloomberg) — The Federal Reserve’s expected rate cuts this week won’t provide much relief to homebuyers facing high borrowing costs, according to Gary Cohn, who served as chief economic adviser to former President Donald Trump. Most Read from Bloomberg “Unfortunately, I think those rates have already priced in what the …