Nvidia, Wall Street
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U.S. consumers modestly lowered their expectations for inflation for the year ahead, while keeping longer-term expectations unchanged.
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Stifel's Barry Bannister believes the stock market is in store for a 12% correction amid stagflation fears.
While tariffs are a tangible worry for investors, something far more nefarious (and important) can weigh on the stock market.
Airline industry sees record passenger growth, signaling strong demand and economic resilience. Read here for more analysis.
Call it "deja vu," but a bit different. Tariff uncertainty has brought the return of volatility to Wall Street, with Treasury yields higher, inflation expectations rising and stocks looking to shake off Monday's losses.
Apollo, for one, expects just one rate cut in 2025. JPMorgan strategists forecast two. Goldman Sachs last week updated its prediction to three, starting in September, arguing that moderating growth and elevated borrowing costs will force the Fed’s hand.
Last week, the Trump administration announced that it reached a deal with Vietnam that would allow U.S. goods to enter the country duty-free, while Vietnamese exports to the U.S. would face a 20% levy. That was a decline from the 46% tax on Vietnamese imports he proposed in April.
Nvidia is poised to close trading today as the most valuable public company ever. Even if the AI chip giant falls shy of the $4 trillion market cap milestone that it is chasing, Nvidia's move shows a
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