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After Powell, investors listen to more Fed membersBut implied path on interest rates stays unchangedJobless claims and next week’s CPI data are the dollar’s next testsWall Street indices...
OpenAI, the creator of ChatGPT, is rumored to have a $29 billion valuation. Microsoft is negotiating another $10 billion investment in OpenAI. Under the ‘term sheet’ discovered by Fortune...
This will be a huge week for markets, with an FOMC meeting, a slew of economic data points, and a big week in earnings. The show stopper will be the FOMC meeting, where the Fed is expected to slow the...
Shares continue to climb higher after earnings. Much of the bad news is already priced in. It’s looking like the recovery rally is well underway. After having tagged a 52-week low last November...
As if the bulls needed any more help, Microsoft (NASDAQ:MSFT) (and all tech stocks) were roaring after hours: The /NQ popped up over 50 points on the news, meaning that about 1250 points have been...
Microsoft is making a multi-billion, multi-year investment in OpenAi, the creator of the chatbot, ChatGBT. The investment will help OpenAI, a nonprofit, with the capital it needs to improve and scale...
As I write this, stocks are in the process of giving back some of their “New Year’s bounce,”—and I’m hearing from folks who are worried that 2023 will be another 2022. I...
Looking at this table, which is constructed from IBES data by Refinitiv’s Earnings Scorecard, indicates that the Q4 ’22 and the first 6 months of 2023 are likely to see earnings weakness, within the...
Microsoft + Tesla earnings, Q4 GDP data, PCE inflation in focus. Visa stock is a buy amid strong profit, sales growth. Intel shares set to underperform amid weak results, sluggish outlook. Stocks on...
Wall Street’s Q4 earnings season shifts into high gear next week There will be a lot on the line when Microsoft and Tesla report earnings Here’s what to watch for in their latest...
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