Top 10 things to watch Wednesday, Sept. 25 — Today’s newsletter was written by the Investing Club’s director of portfolio analysis, Jeff Marks. 1. The S & P 500 is on track for a muted open Wednesday following another record close Tuesday. Club holding Nvidia helped lift the market Tuesday but earnings loom from fellow … Read more
Locked out railway workers demonstrate outside of the CN Rail Brampton yard on August 22, 2024 in Brampton ON, Canada. Ian Willms | Getty Images Canada’s Labor Minister Steven MacKinnon announced at a press conference on Thursday that he had directed the Canada Industrial Relations Board (CIRB) to review his request for binding arbitration and … Read more
Picture Alliance | Picture Alliance | Getty Images The CrowdStrike software bug that crashed Microsoft operating systems and caused the largest IT outage in history caused disruptions at U.S. and global ports, with highly complex air freight systems suffering the heaviest hit, according to logistics experts, as global airlines grounded flights. “Planes and cargo are … Read more
10 things to watch Monday, June 17 Markets were indicated for a muted open Monday following a mixed session Friday that saw the S & P 500 and the Dow dip while the Nasdaq edge higher to close at another record high. For the week: The tech-heavy Nasdaq gained 3.2%, while the S & P … Read more
CNBC’s Jim Cramer on Thursday said it’s no secret that the market rally has been driven by a handful of tech stocks, and it’s not likely to change anytime soon. Cramer said companies like Nvidia, Apple, Microsoft, Alphabet, Amazon, Oracle and now Broadcom have been integral to the rally. Broadcom shares closed up 12% on … Read more
Texas Governor Greg Abbott and former President Donald J. Trump attend a security briefing with state officials and law enforcement at the Weslaco Department of Public Safety DPS Headquarters before touring the US-Mexico border wall on Wednesday, June 30, 2021 in Weslaco, TX. Jabin Botsford | The Washington Post | Getty Images Abraham George is … Read more
It’s all about to happen. But until it happens, then no money should be made waiting for it. We have to see its success to invest in it. Otherwise, the heck with it. There. That had been the bear case against artificial intelligence, generative AI, accelerated computing and large language models (LLMs), all the essential … Read more
Trucks wait to enter the Port of Los Angeles in Los Angeles, California, US, on Monday, Dec. 4, 2023. The US Census Bureau is scheduled to release trade balance figures on December 5. Photographer: Eric Thayer/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images The latest shipping data is beginning to reveal what U.S. … Read more
A Union Pacific freight train is seen traveling on April 21, 2023 in Round Rock, Texas. Brandon Bell | Getty Images One year after the East Palestine, Ohio train derailment created an environmental disaster, the Biden administration on Tuesday unveiled new regulations intended to shore up freight rail safety. A new rule finalized by the … Read more
More than half of the stocks in the S & P 500 hit new 52-week highs in the first quarter, leaving us to puzzle over how this all happened. We act as if it’s all about the earnings or the actions of the Federal Reserve. But maybe it is something else. Maybe it’s the share … Read more
