Category: Uncategorized
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Fed raises interest rates for first time since 2023, Warsh cites inflation
The Federal Reserve raised its benchmark interest rate by a quarter percentage point on Wednesday, the first increase since July 2023, with Fed Chair Kevin Warsh saying inflation has been “too high … for too long.” The decision, reached by a unanimous 12-0 vote of the Federal Open Market Committee, brings the federal funds rate…
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Sensex Today | Stock Market Live Updates: Nifty IT down 500 points; TCS falls 3%
Stock Market Highlights: The market extended its recovery as the Nifty climbed above the 23,250 mark, while the Nifty Bank also rebounded sharply from the day’s lows to gain more than 500 points. Axis Bank, M&M and Tata Consumer were among the top gainers on the Nifty. Stock Market Highlights: The benchmark indices snapped their…
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3 Utility Mutual Funds to Buy as Fed Rate Hike Looks Likely
Rising oil prices and higher Treasury yields are keeping the spotlight on inflation and interest rate policy. The CME Group’s FedWatch tool, measuring the market’s expectations for the Federal Reserve’s decision at the September FOMC meeting, has indicated a 92.5% probability of an increase in the Fed Funds Rate by 25 basis points. As inflation…
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Warren Buffett Bought Alphabet Stock About a Year Ago. 3 Reasons It’s Still a Buy Today
In the third quarter of 2025, Berkshire Hathaway (NYSE:BRKA) (NYSE:BRKB) initiated a position in Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL). The conglomerate has doubled down since and now has Alphabet as one of its top five holdings. What’s perhaps most surprising is that Warren Buffett was behind this stock purchase, according to the man himself, despite his long-standing…
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Federal Reserve Interest Rates, Reports Reveal Iran War Costs, Kennedy Center Closure
The Federal Reserve is expected to raise interest rates for the first time in three years as the Iran war pushes inflation higher and borrowing costs are already climbing.Two new government reports put the cost of the Iran war at more than $30 billion and reveal extensive damage to U.S. bases and growing strain on…
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Federal Reserve interest rate hikes usually pound stocks, but then something surprising happens
Brace for minor market tremors if the Fed hikes interest rates, as many on Wall Street think will happen later today. But if history holds up, any losses could prove short-lived. The S&P 500 has declined by an average of 4.0% over the six weeks following the first Fed rate hike of a cycle across…
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Tesla (TSLA) Stock Downgraded: Goldman Sachs Slashes Q3 Delivery Projections Amid Demand Concerns
Key Takeaways Table of Contents Goldman Sachs reduced Tesla’s third-quarter delivery projection to 435,000 units from a prior estimate of 490,000, pointing to softening demand across major markets including China, the United States, and Europe. The new Q3 projection falls short of the Wall Street consensus forecast of 456,000 vehicle deliveries. Tesla shares are currently…
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One Wall Street Analyst Just Said Tesla Stock Could Be Worth $840: Time to Buy?
A Morgan Stanley analyst, Andrew Percoco, recently raised his bull-case target price for Tesla (TSLA -0.67%) from $820 to $840 while maintaining an equal-weight rating and a $400 price target in his base-case scenario. (The shares now trade for about $357.) Wall Street analysts often provide a range of price targets reflecting various outcomes, and…
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Is It Too Late to Buy Nvidia Stock?
Although it briefly lost its crown to Apple (NASDAQ: AAPL) in July, chipmaker Nvidia (NASDAQ: NVDA) is once again reigning supreme as the largest company in the world by market capitalization. It’s also the only company in the world currently worth over $5 trillion. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In…
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Bitcoin ETFs Gain In-Kind Option as BTC Tests USD 74.5K Support
Bitcoin currently trades below its hourly MA-20 at USD 76,204 and MA-50 at USD 77,307. However, BTC remains above its MA-200 at USD 70,274. The Ichimoku Kijun places immediate resistance near USD 76,440, while support sits at USD 74,544. The expected short-term trading range extends from USD 74,544 to USD 77,062. Momentum indicators remain weak.…