Wall Street surges after US central bank cuts rates
Rate-sensitive growth stocks that have led much of this year’s rally rose.
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Nvidia Stock Has 41% Upside, According to 1 Wall Street Analyst
It's been quite the year for artificial intelligence (AI) chipmaker Nvidia(NASDAQ: NVDA), which has seen its stock rise more than 161% year to date. Over the last five years, Nvidia's stock is up by ...
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Wall Street: S&P 500, Dow Jones, NYSE Composite hit record highs after Fed bonanza rate cut
US stocks surged to record highs after the Federal Reserve delivered a major 50-basis-point interest rate cut, its first in ...
Goldman advances 4% after making correct call on 50 bps Fed cut
Goldman Sachs (GS) is a primary winner of the Federal Reserve’s (Fed) interest rate decision on Wednesday in more ways than one. While many other analysts were expecting 25 bps, Goldman kept reasoning ...
Fed slashes rates by 50 bps for first time since 2020
The US Federal Reserve cut interest rates by half of a percentage point on Wednesday amid cooling inflation and in an effort ...
Hedge Fund Two Sigma Likely to Pay Up to $100 Million to Settle SEC Probe
Hedge-fund powerhouse Two Sigma is likely to pay as much as $100 million to settle a Securities and Exchange Commission ...