Wall Street is counting on Nvidia’s earnings next week to revive the AI trade

Nvidia’s results next week could soothe some rattled nerves around high-priced tech stocks that have weighed on the market.
Buy energy stocks for a prospective breakout, says Carter Worth

Carter Worth looks through the charts of the XLE.
Meme stocks wiped out this week during mild market sell-off

A sell-off of speculative names within a meme stock ETF could have far-reaching ramifications for the overall U.S. economy, said investor Peter Boockvar.
Investor Ron Baron says the tech selloff is an opportunity and he’s never selling personal Tesla stake

Baron said he’s already made about $8 billion from Tesla over the years and that he believes he could make five times that over the next decade.
Here’s where things stand on when the government will start releasing key economic reports

The departments of Labor and Commerce had not posted revised schedules as of Friday morning, but updates are expected soon.
Stocks making the biggest moves midday: Whirlpool, Topgolf Callaway, Nvidia, Stubhub & more

These are the stocks posting the largest moves midday.
The AI trade is getting a big repricing. This options trade captures a bounce while mitigating risk

Jeff Kilburg on how he’s using options to navigate a turbulent stretch for the AI stocks.
JPMorgan Chase wins fight with fintech firms over fees to access customer data

The JPMorgan Chase deals mark a shift in the power dynamic between banks, middlemen and the fintech apps that are increasingly threatening incumbents.
Trump to ask DOJ to probe Jeffrey Epstein involvement with Clinton, JPMorgan, Summers

President Trump himself is a former longtime friend of sex offender Jeffrey Epstein, who killed himself in a federal jail during Trump’s first term.
Trump admin drops Biden plan to require passenger compensation for delayed flights

The Trump administration said on Friday it was formally withdrawing a plan to require airlines pay passengers cash compensation for U.S. flight disruptions.