U.S. producer inflation drops in August, fueling hopes for Fed rate cuts as Wall Street reaches new highs. Pre-market trading shows S&P 500, Nasdaq 100 set for record highs.
GameStop (NYSE: GME) continues to defy conventional market logic, its stock price oscillating wildly in a dance between its struggling brick-and-mortar fundamentals and the unwavering fervor of its dedicated retail investor base. This persistent volatility, a relic of the "meme stock" phenomenon of early 2021, poses an ongoing enigma for
U.S. stocks edged higher Monday as investors positioned for a busy week of economic reports leading up to next week's Federal Reserve meeting. HOOD shares are climbing. Check the market position here.
A rather disappointing jobs report is challenging Wall Street's optimism over looming rate cuts, as labor market weakness stirs fresh concerns about the economy.
Analyst Ivan Feinseth attributes the revision to the company’s accelerating momentum in artificial intelligence, cloud computing, and its digital video platform, YouTube.
