Markets bracing for smaller rate cut after CPI

Markets bracing for smaller rate cut after CP...

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Wall Street Roundup: Supreme Court Rules

Walmart, Carvana and Blue Owl; AI spending (0:20) Supreme Court strikes down Trump's global tariffs (9:30)Episode transcripts: seekingalpha.com/wsbShow links: The Art Of Being A Contrarian With Courage & Conviction InvestingSteven Bavaria And Samuel Smith's Top Income Picks For 2 ...  Show more

Carvana drops despite higher sales

Carvana's (CVNA) Q4 profitability loses traction; shares crater more than 20%. (00:14) DoorDash (DASH) sees double-digit growth in orders, GOV; sets upbeat Q1 guidance. (01:31) Moderna (MRNA) gains as FDA backtracks and accepts flu shot for review. (02:14)Episode transcripts seek ...  Show more

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Inflation steady, Fed cut odds, AI chips slide
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US stock futures dip after the Fed’s preferred inflation gauge, core PCE, rose 2.9% year over year — in line with estimates but still above the central bank’s 2% target. Fed Governor Christopher Waller backed a September rate cut and signaled more easing ahead. Fed Governor Lisa ...  Show more

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New record closing and intraday highs for US stocks
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US equities surged again yesterday, closing off their intraday highs but nevertheless achieving new records. US PPI data confirmed that growth is slowing, providing more of the data that the Fed needs to start cutting rates again – markets will now scrutinise today’s CPI data for ...  Show more