Here come the Fed rate cuts — and maybe a very big one
Wall Street may get a jumbo-sized Federal Reserve rate cut after another horrid U.S. jobs report.
Broadcom stock jumps 15% on new $10 billion customer that analysts say is OpenAI
Broadcom said on its earnings call that it secured $10 billion in orders for its custom AI chips from a fourth customer.
Jim Cramer’s top 10 things to watch in the stock market Friday
Stock futures rose after a soft August jobs report raised expectations of a September rate cut.
Yieldstreet tell investors in $89 million worth of marine loans to expect losses
The news of this latest loss follows CNBC’s report last month into Yieldstreet real estate investments that have resulted in $78 million in defaults.
Demand for industrial space falls for the first time in 15 years
Economic uncertainty brought on by constantly changing tariff policy and persistently high inflation is taking a greater toll on the warehouse sector.
Here are Friday’s biggest analyst calls: Nvidia, Tesla, Broadcom, Oracle, FedEx, Alphabet, Goldman Sachs, Lululemon & more
Here are the biggest calls on Wall Street on Friday.
Nobel winner Joseph Stiglitz has a warning for bond investors
Markets “haven’t fully taken on board” the fact that tariff revenues will fall in as businesses readjust to the new regime, Stiglitz told CNBC.
Lutnick predicts ‘better’ job number accuracy after Trump fired BLS chief
President Donald Trump, asked Thursday night if he could commit to saying that BLS’ upcoming jobs data would be credible, declined to do so.
Payrolls rose 22,000 in August, less than expected in further sign of hiring slowdown
Nonfarm payrolls were expected to increase by 75,000 in August while the unemployment rate edged up tp 4.3%.
UBS upgrades ASML, says chipmaker is headed towards ‘inflection point’
The firm lifted its rating on the Netherlands-based chipmaker to buy from neutral, partly given its renewed optimism on ASML’s lithography business.