Category: Uncategorized

The Federal Reserve’s September policy meeting kicked off Tuesday morning, and markets overwhelmingly expect the Fed to raise interest rates by 25 basis points on Wednesday amid persistently high inflation. Such a move would mark the Fed’s first increase in the fed funds rate since 2023, when the Jerome Powell-led central bank concluded its post-pandemic…

TLDR Wells Fargo lowered its S&P 500 year-end target from 7,950 to 7,700, implying just 1% upside from current levels The bank says the market is in the late stage of its growth cycle, which typically leads to lower valuations Wells Fargo downgraded tech stocks to equal-weight, citing AI spending slowdown risks and political pressure…

Anthropic (ANTH.PVT) CEO Dario Amodei rocked the AI world over the weekend after he posted a lengthy essay calling on the industry to slow the pace of development of the most advanced AI models. Rival OpenAI (OPAI.PVT) CEO Sam Altman followed up on Amodei’s piece, which he published Saturday morning, via a post on X…

Investors in AMN Healthcare Services, Inc. AMN need to pay close attention to the stock based on moves in the options market lately. That is because the Oct. 16, 2026 $7.50 Put had some of the highest …

Four years after the Social Security program was set up in 1935, amendments were put in place so that widows, orphans, and dependent parents could receive monthly survivor benefits based on the account of a worker who paid Social Security taxes before they died. Today, the Social Security Administration sends payments out to over 5.8…

Following recent AI developments, the stock market reacted with price drops on Monday. The NASDAQ 100, a major tech index on Wall Street, lost 1.2 percent at times, falling to a six-week low. It recovered slightly towards the evening, with a loss of 0.4 percent most recently. SoftBank shares, listed in Tokyo and holding a…

Gold’s spot price — or its current trading value — today as of 9:00 a.m. ET is $4,289.13 per ounce, according to CNBC’s Gold/ US Dollar Spot Price. That’s slightly higher than Monday’s price, when it traded at $4,270.52 per ounce at the same time. Gold is a safe-haven asset that investors gravitate toward when…

Investors in Amrize Ltd AMRZ need to pay close attention to the stock based on moves in the options market lately. That is because the Oct. 16, 2026 $57.06 Put had some of the highest implied …

Cathie Wood wants the AI industry to pump the brakes. She just doesn’t think the car is heading off a cliff. The ARK Invest founder, speaking at a briefing in Sydney on September 15, threw her support behind a pledge to slow the pace of AI capabilities development, while simultaneously calling fears of AI-driven human…

Investor Cathie Wood Sells Crypto Stocks As Prices Rally Investor Cathie Wood has sold a number of cryptocurrency stocks over the past week as their share prices have rallied. Wood’s firm Ark Invest sold shares of Coinbase Global (NASDAQ: $COIN), Circle (NYSE: $CRCL), Bullish (NYSE: $BLSH), and Bitmine (NYSE: $BMNR) as the stocks rose. The…