There’s no turning back on AI now, this firm says as it boosts S&P 500 forecast
As Nvidia offers blowout results, Barclays says back the AI trade as it’s not going away and that means tech dominance is here to stay.
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Jobs Shocker: Sept Payrolls Print Above All Forecasts, But Unemployment Rate Hits 4 Year High
Jobs Shocker: Sept Payrolls Print Above All Forecasts, But Unemployment Rate Hits 4 Year High The US economy added a better than expected 119k jobs in September (following downwardly-revised 4k job loss in August)...Manufacturing jobs fell for the sixth straight month...After August's surge in part-time jobs (decline in full-time), September flipped the script with a surge in full-time jobs as part-tiume jobs tumbled...BUT... The US unemployment rate jumped to 4.4% in September - its
Continuing Jobless Claims Highest In 4 Years But...
Continuing Jobless Claims Highest In 4 Years But... Finally, the spice is flowing again...Initial jobless claims dropped back near 2025 lows (220k, below expected)...However, while initial claims remain solid, continuing jobless claims drifted higher to 1.974 million Americans - the highest level since October 2021...Likely thanks to the shutdown, we note that initial jobless claims for the 'Deep Tristate' fell significantly...Now that Washington is back to work, we suspect those work
Why Abbott is paying $21 billion for Exact Sciences and its Cologuard cancer test
Abbott is getting into the cancer-testing game with its $21 billion acquisition of Cologuard test maker Exact Sciences.
Futures Jump After Nvidia's Blowout Earnings Calm Nerves; All Eyes On Delayed Payrolls
Futures Jump After Nvidia's Blowout Earnings Calm Nerves; All Eyes On Delayed Payrolls The AI euphoria, which defined markets for much of 2025 but went AWOL a month ago, is back if only for the time being as Nvidia’s blowout earnings and strong forecast, coupled with cautious positioning before the results, is spurring a relief rally. The results won’t erase all the concerns about AI circularity, but Jensen Huang’s view of the AI economy is taking precedence today. Focus later will tu
Democrat Plaskett Digs Deeper Grave On Epstein Ties
Democrat Plaskett Digs Deeper Grave On Epstein Ties Authored by Steve Watson via Modernity.news,Democrat Stacey Plaskett has doubled down on her Epstein collusion in a cringe inducing CNN interview, shrugging off his known sex offender status and sparking outrage as the Epstein files bill clears the Senate for Trump’s signature, exposing the left’s sudden “transparency” push as a desperate backfire.Here’s the backstory:Plaskett defended her Epstein texts, stating “I believed Epstein
This sleeper AI risk for stocks in 2026 has got Wall Street talking over the past few weeks
A slowdown in corporate buybacks as AI players add debt could steal an important source of demand from the market.
Why Verizon’s new CEO is cutting 13,000 jobs at the wireless company
Verizon’s stock has been a major laggard and the company has failed to show annual earnings growth recently. CEO Dan Schulman says layoffs will make Verizon “faster and more focused.”
The war’s not over: JPMorgan says investors were too quick to sell Europe defense stocks on hopes of Ukraine peace
The war in Ukraine has catalyzed a dramatic rerating of defense stocks in Europe.
Walmart’s stock falls as disappointing Sam’s Club sales mar an otherwise upbeat report
Sales at Sam’s Club stores open more than a year rose less than Wall Street had expected. When rival Costco last reported, the average person was spending less than a year earlier.
Small stocks haven’t beaten large caps in more than two decades — but they’re trying
Odds are against small caps after long stretches where they’ve lagged behind.
Walmart Beats Earnings, Hikes Guidance As Consumer Trade-Down Accelerates
Walmart Beats Earnings, Hikes Guidance As Consumer Trade-Down Accelerates Walmart shares are moving lower in premarket trading despite solid third-quarter results, suggesting that price-sensitive consumers are flocking to its stores nationwide. The shift toward value mirrors what off-brand retailer TJ Maxx reported on Wednesday. It caps a pivotal week for retailers (as described by Goldman's Scott Feiler), with Home Depot and Target both highlighting sagging demand and stressed househ
How The Fed Deals Liquidity: The Monetary Toolbox
How The Fed Deals Liquidity: The Monetary Toolbox Authored by Michael Lebowitz via RealInvestmentAdvice.com,In our last article, QE Is Coming, we focused on why the capital and financial markets have become so dependent on the Fed for liquidity. The article explains that, in the aftermath of the crisis, a slew of regulations drastically changed the liquidity landscape. As a result, the Fed—not the private market—is now the primary provider of liquidity.A reader asked us the following
Americans in rural areas are struggling the most with housing affordability
Rural America is feeling the painful toll of the housing-affordability crisis.
Carson Block: Shorting Big Tech Is Widowmaker Trade, Even With AI Bubble Fears
Carson Block: Shorting Big Tech Is Widowmaker Trade, Even With AI Bubble Fears Muddy Waters Capital CEO Carson Block joined Bloomberg TV overnight to discuss whether it's time to short the hyperscalers and the broader artificial-intelligence trade. The answer he gave is somewhat surprising.Block, a notorious short-seller, warned against betting against the tech giants: "If you're out there trying to short Nvidia or any of these big tech names, you're not going to be in business very l
US And UK Revolt Forces Basel To Rethink Brutal Crypto Capital Rules For Banks
US And UK Revolt Forces Basel To Rethink Brutal Crypto Capital Rules For Banks Authored by Ezra Reguerra via CoinTelegraph.com,Global bank regulators are preparing to revisit their most stringent crypto rules after the United States and the United Kingdom refused to implement them, a move that threatens to unravel the long-standing consensus of the Basel Committee. In an interview with the Financial Times, Erik Thedéen, the governor of the Swedish central bank and chair of the Basel C
IBM and Cisco have a new partnership as they target a ‘quantum-computing internet’
The fruits of the partnership are admittedly years away as the companies strive for a connected fault-scale network by the “early 2030s.”
"GPUs Are Sold Out": Nvidia Soars After Blowing Away Results, Projections
"GPUs Are Sold Out": Nvidia Soars After Blowing Away Results, Projections In our preview of NVDA's Q3 results, we said that "it's not a question whether the company beats - they always do - but whether the "blowout" and the "smash" will be big enough to impress a market that has already priced in perfection, and beyond, for the GPU maker."The market was impressed.Here is what NVDA just reported for Q3: Adjusted EPS $1.30, beating estimates of $1.24 Revenue $57.01 billion, up +62% y/y,
"Increasingly Becoming No-Go Areas" – Violent Crime Explodes At German Train Stations
"Increasingly Becoming No-Go Areas" – Violent Crime Explodes At German Train Stations Via Remix News,Exploding violence in Germany has long been tied to mass immigration, as the statistics clearly show, and German train stations are becoming another perfect illustration of this worrying trend.The number of violent crimes at Berlin central station in 2024 has tripled compared to 2019, which was the last year before the coronavirus crisis. In Cologne, violent crime has grown 70 percent
The number of 401(k) millionaires just hit a record high: ‘People are staying the course.’
Women hit a new investment milestone but still trail men in some metrics, Fidelity said.