Wall Street, Federal Reserve and Stocks
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The week’s biggest news for Wall Street is likely arriving on Friday, when Federal Reserve Chair Jerome Powell will give a highly anticipated speech in Jackson Hole, Wyoming. The setting has been home to big policy announcements from the Fed in the past, and the hope on Wall Street is that Powell will hint that an interest rate cut is coming soon.
H.C. Wainwright upgraded CoreWeave (CRWV) to Buy from Neutral with an $180 price target. The stock's valuation "has sunk deep enough," the analyst tells investors in a research note. Arete also upgraded CoreWeave to Buy from Neutral with an $180 price target.
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest ...
Asian shares are mostly higher after a mixed finish on Wall Street, where shares in Nvidia, Palantir and other superstar stocks pared their earlier steep losses
Jane Street has owned CoreWeave shares as far back as the first quarter, when the popular AI play went public. A SEC filing in May revealed the New York-based firm held about 9.4
Stockton further stated that while breadth hasn’t been great, it hasn’t been terrible either, not being wholly related to the mega caps.
Jim Cramer, the popular host of the CNBC shows "Mad Money" and "Squawk on the Street," is well-known for dropping his hot take on the trending stocks. Whether it's the manufacturing sector or the technology sector, nothing escapes his close scrutiny.
XPeng stock rose after the Chinese electric-vehicle maker delivered 103,181 cars in the second quarter, up 242% year over year.