Bessent sees ‘substantial disinflation’ ahead as Warsh takes over the Fed
Bessent said the energy-fed inflation surge recently is likely to reverse as the U.S. is “going to keep pumping.”
Cisco CEO says tech is entering a ‘networking supercycle’ as stock pops 14% on strong AI demand
Shares headed for their best day in more than two decades after Cisco blew past its AI infrastructure and hyperscaler orders guidance for the fiscal year
3 ways the pros are trading markets right now, including why JPMorgan downgraded semiconductor stocks
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Trump-Xi summit could hinge on these two crucial tech flashpoints
Access to the world’s second largest economy for U.S. tech companies and talks on critical minerals could be key points of discussion.
Here are Thursday’s biggest analyst calls: Nvidia, Apple, Netflix, Broadcom, Starbucks, Amazon, Disney & more
Here are Thursday’s biggest calls on Wall Street.
Xi tells Musk, Tim Cook and other CEOs on Trump’s trip: China will ‘open wider’
Tesla and Space X boss Elon Musk, Nvidia’s CEO Jensen Huang and Apple CEO Tim Cook were part of Trump’s delegation.
Starbucks has ripped higher this year. TD Cowen sees more room to run
Starbucks’ strategy shift will drive the stock even higher from where it trades now, according to TD Cowen.
UBS hikes Nvidia price target, sees strong earnings report ahead
The investment bank has a buy rating on the semiconductor name.
Versant reports first-quarter revenue decline, with bright spots in platforms and licensing
Versant, the portfolio of TV networks spun out from Comcast, reported earnings from its first quarter as an independent company.
Cuba says oil and diesel supplies have run dry under U.S. sanctions
A Cuban official said the situation is “extremely tense” as blackouts sparked protests in Havana on Wednesday.