Chances of a rate hike in July by the Federal Reserve rose as oil prices jumped on the latest developments in the Strait of Hormuz.
Waller says Fed shouldn’t ‘fight the last war’ on inflation but warns hikes still possible
The Fed governor said inflation has expanded beyond the often-cited drivers such as the energy price spike in tariffs.
Stocks making the biggest moves midday: Nio, Braiin, AppLovin, SpaceX, SK Hynix & more
These are the stocks posting the largest moves midday.
Big banks poised to report booming revenue propelled by SpaceX IPO, Iran war volatility
Big banks are set to report booming Q2 revenue as the SpaceX IPO, Iran war volatility and a rebound in commercial lending fuel Wall Street’s “sweet spot.”
Stocks making the biggest moves premarket: SK Hynix, Micron, MGM Resorts & more
These are the stocks posting the largest moves premarket.
Kalshi launches ‘Pro’ product for users trading multiple markets at same time, perpetual futures
The platform is designed to alleviate problems the company’s most active traders have run into, according to a memo provided to CNBC.
India’s inflation accelerates to 4.38% in June, exceeding forecasts
Inflation has risen for the eighth straight month in India, as food and energy prices rise due to the Iran war and deficient rainfall.
Goldman Sachs picks its favorite Chinese AI models
The investment bank released its Chinese AI model competitive positioning framework on Friday.
These underperforming trades could yield big returns over next six months
ETF Action’s Mike Akins is encouraging investors to boost exposure to groups that underperformed compared with major artificial intelligence stocks.
These underperforming trades could yield big returns over next six months
ETF Action’s Mike Akins is encouraging investors to boost exposure to groups that underperformed compared with major artificial intelligence stocks.