Dow Suffers Worst Day Since 2022 After Fed’s “Dot Plot” Letdown
The Federal Reserve cut interest rates by 25 basis points this afternoon, as expected, but stocks and bond yields did not react well to the central bank’s interest rate outlook. Once the Fed’s vaunted “dot plot” forecasted a fewer-than-expected two rate cuts for 2025, all three major indexes pivoted sharply lower, while the 10-year Treasury yield spiked […]
SoundHound AI Stock Analysis: Revolutionising Conversational AI With Polaris Technology
Photo by Steve Johnson on Unsplash SoundHound AI (SOUN) has been getting a lot of attention recently, so let’s take a closer look. What Does SoundHound Do And How Do They Make Money? SoundHound AI Inc. develops advanced voice-enabled AI technology that powers conversational interfaces for businesses. Their platforms, like Houndify and Smart Ordering, enable industries such as […]
5 Best-Performing Single-Stock ETFs Of 2024
Image Source: Pixabay Single-stock ETFs have been gaining immense popularity with the stock market surge and the big tech wave. Unlike traditional ETFs, which typically track a broad index or sector, single-stock ETFs provide exposure to the performance of one specific company by using derivatives. This allows investors to gain exposure to a particular stock without […]
Microsoft Tripled Its Spending On Nvidia’s AI Chips Compared To Last Year
Image courtesy of 123rf.com In 2024, Microsoft (Nasdaq: MSFT) purchased 485,000 of Nvidia’s (Nasdaq: NVDA) “Hopper” chips, marking a substantial investment in AI infrastructure larger than any of its tech rivals. This aligns with Microsoft’s role as the largest investor in OpenAI, utilizing its Azure cloud infrastructure to train OpenAI’s latest models.The tech giant is also channeling considerable […]
Drone Stock Red Cat Holdings Keeps Flying, Up 938% YTD
Image Source: Pexels Drones have been in the news this week with mysterious sightings, mostly along the east coast. Some drone stocks have also been flying, including Red Cat Holdings (Nasdaq: RCAT), which is up some 31% over the past week and 94% over the past month.It has been an incredible year for Red Cat stock. Red Cat started the […]
Record Bankruptcy Fears
Image Source: Pexels Corporate and consumer bankruptcies are in the news.Video Length: 00:12:17More By This Author:Mixed Market Signals Economic Sentiment Flips Economic Updates And CEO Assassination
Ethereum Spot ETFs Witness Unbroken 16-Day Inflow Streak: New ETH ATH Soon?
Image Source: Pixabay Ethereum spot exchange-traded funds (ETFs) have logged 16 consecutive days of positive daily inflows, renewing optimism for ETH’s potential new all-time high (ATH) in the coming weeks. However, for ETH to reach this milestone, it must surpass the critical resistance level of $4,000. Ethereum Spot ETFs Attracting Consistent Inflows According to data from […]
Have The Gold And Silver Rallies Already Peaked
Image Source: Pixabay We’re quickly coming towards the end of what’s been an historic year for the gold and silver markets.Gold has been hitting new record highs all year, while silver finally crossed the $30 level, and at one point even broke $35 per ounce.But have we already seen the peak in the rally?Or are there […]
Hawkish Fed Cut Rates As Expected; Signals Dramatically Less Aggressive Rate-Cut Cycle
Image Source: Pexels Since the last FOMC meeting – on November 7th – the dollar and stocks have rallied while gold and oil have lagged as the dollar flatlined (amid significant volatility on the way from various macro data surprises)…Source: BloombergMost notable is the fact that inflation data has dramatically surprised to the upside and ‘hard’ data […]
Grains Report – Wednesday, Dec. 18
WHEAT General Comments: The markets were a little lower in all three markets. USDA showed poor export demand in the weekly reports. World Wheat demand was strong with Saudi Arabia buying over 800,000 tons of optional origin Whet that s likely to come from Russia, Europe, and perhaps South America. Tensions remined high between Ukraine, […]
