Jay Hatfield News

03.04 / 02:11

markets UPS CEO economy Trade War country Trump's tariffs send markets reeling, amid trade war and recession fears

global markets amid worries the aggressive duties will slow growth, hit corporate earnings and stoke inflation, with one analyst calling the move markets' «worst-case scenario.» Global markets have been whiplashed since Trump took office and kept up a stream of rhetoric that threatened to unleash a global trade war. Trump's new levies crystallized those fears.

15.01 / 10:15

markets DOW security NVIDIA pandemic Broadcom Trade Tech slide drags Nasdaq Composite to worst day in a month

Subscribe to enjoy similar stories. Tech stocks retreated Wednesday, with declines in Nvidia and other chip companies dragging the Nasdaq composite to its worst day in almost a month. Driving the moves: concerns about high valuations and additional regulation.

20.03 / 17:37

Man CEO Tesla SpaceX Experts Department Podcasts Elon Musk exposes ‘Magic Money Machine’: World's richest man claims 14 computers run US Treasury like a rogue ATM

Tesla and SpaceX CEO Elon Musk has raised concerns about the U.S. government’s financial operations, claiming that several government computers are making payments with little to no oversight. Speaking on a podcast hosted by Senator Ted Cruz, Musk called the situation “insane.” Musk claimed that 14 such computers, mainly located at the Treasury Department, were responsible for issuing payments without clear accountability. “Any computer which can just make money out of thin air, that’s magic money,” he said. According to Musk, the government’s financial systems are not well-tracked, leading to significant inefficiencies and potential misuse of funds.

14.12 / 03:09

markets DOW Analysis Broadcom Trade Experts US stocks close flat as Nasdaq extends weekly gains, S&P 500 and Dow dip

Broadcom forecast quarterly revenue surpassing Wall Street expectations and predicted robust growth in demand for its custom AI chips over the next few years. The optimistic outlook propelled the company's shares 24% higher, pushing its market capitalization past $1 trillion for the first time.

05.10 / 15:33

markets UPS ETF CEO Cycling Fed rate cuts should favor preferred stocks, Virtus money manager says

One financial firm is trying to capitalize on preferred stocks – which carry more risks than bonds, but aren't as risky as common stocks.

21.05 / 02:31

markets UPS DOW NVIDIA MSCI Trade Nasdaq, gold scale all-time highs amid cautious Fed comments

Nasdaq closed at a record high on Monday and gold jumped to an all-time high as investors weighed hawkish statements from the Federal Reserve against evidence of cooling U.S. inflation. The tech-heavy Nasdaq led the three major U.S. stock indexes with a boost from chips, as Nvidia Corp advanced ahead of its closely watched earnings report, expected on Wednesday.

09.04 / 02:49

markets CEO Food Research show reports Department Wall Street ends flat as investors await CPI, earnings

stocks were essentially unchanged at the close of a choppy session on Monday, with a solar eclipse offering distraction ahead of crucial inflation data and the kick-off of first-quarter earnings season. All three major U.S. stock indexes were held in check by the highest benchmark U.S. Treasury yields since November in the wake of Friday's blowout employment report.

20.12 / 23:43

Target Micron President cover reports Department Wall Street tumbles to sharply lower close as abrupt sell-off snaps rally

By Stephen Culp

30.11 / 23:05

ETF Remark President performer innovations 2020 surges Cathie Wood's ARKK ETF Surges 31%: A November to Remember Despite Investor Caution

Quiver Quantitative — Cathie Wood's ARKK Innovation ETF (ARKK) has experienced a remarkable surge in November, posting a record 31% gain. This significant uptick is fueled by investor optimism over potential US interest rate cuts in 2024, driving growth in riskier assets. ARKK's impressive performance mirrors the success Wood achieved in 2020 with ARK Investment Management. However, the current financial inflows to ARKK, approximately $150 million in November, are modest compared to the billion-dollar monthly inflows witnessed during its peak.

15.08 / 03:31

UPS Lowe's NASDAQ NVIDIA country 500 end S&P 500, Nasdaq end up as Nvidia surge leads megacap higher

Nasdaq closed higher on Monday as shares of chipmaker Nvidia surged following a bullish note from Morgan Stanley, leading gains in other megacap growth stocks. Nvidia jumped 7.1%, its biggest single-day increase since May 25, when its 24% surge on a stellar revenue forecast pointed to the game-changing potential of artificial intelligence. The rally in the chipmaker's stock pushed the information technology index 1.85% higher, making it the strongest of 11 S&P 500 sector indexes.

02.03 / 02:19

NASDAQ DOW Oil prices Stock futures rise slightly amid surge in oil prices, ongoing conflict in Ukraine

Stock futures inched higher on Tuesday night as oil prices surged amid the ongoing conflict between Russia and Ukraine.

11.01 / 07:59

cryptocurrency Digital Bitcoin Time Bitcoin Slumps More Than 40% From November's All-Time High Of $69,000

Bitcoin bounced off the lows of the day after falling as much as 6% to $39,774 in New York trading.

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