ASML (NASDAQ: ASML) and Aehr Test Systems (NASDAQ: AEHR) represent two very different ways to invest in the booming semiconductor sector. ASML is the world's largest producer of lithography systems, which are used to etch circuit patterns onto silicon wafers. It's also the only producer of high-end extreme ultraviolet (EUV) lithography systems, which are used to manufacture the world's most intricate, transistor-dense chips.
Not able to fly? There are still ways you can keep your Qantas Frequent Flyer status and even bump up a tier.
The Biden-Harris administration is cracking down on Chinese-owned fast fashion retailer Shein's and e-commerce platform Temu's use of the de minimis loophole to evade US taxes and tariffs. Temu is owned by PDD Holdings (PDD) Yahoo Finance senior retail reporter Brooke DiPalma explains the surging use of this loophole as former President Donald Trump has considered expanding tariffs on international and Chinese imports. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
As of Friday afternoon, investors are pricing in a 59% chance of a 50-basis-point interest rate cut from the Federal Reserve at its September meeting next week. John Hancock Investment Management co-chief investment strategist Matt Miskin joins Market Domination to discuss the rate cut path ahead and how it may impact the broader market (^DJI,^GSPC, ^IXIC). Miskin expects the Fed to initiate a 25-basis-point rate cut and announce more cuts to come. He points to three things the Fed needs to do to secure its soft landing. The first is by cutting rates aggressively and significantly lowering the fed funds rate. Second, the labor market needs to remain calm, so initial jobless claims must stay low and the unemployment rate cannot rise. Finally, high-yield spreads must stay tight. "You have those three things over the course of a week like this, and markets love it. You saw the two-year yields fall a lot. You saw the dollar fall a lot. That's going to help actually borrowing costs. It helps foreign revenues. So that actually was pricing in a lot more of that soft landing scenario," he explains. As the Fed kicks off its rate-easing cycle, Miskin believes that the market's outlook depends on whether or not the US heads into a recession. He notes that historically, when the Fed eases rates and a recession does not occur, stocks rally. On the other hand, stocks will likely come under pressure, while bonds will stand out if there is a recession. In both scenarios, the defensive areas of the market usually take leadership, so investors should take advantage of these historical patterns. Meanwhile, gold (GC=F) has surged to another record high, which Miskin believes sends a mixed message. "You've got the yen rallying, you've got gold rallying, you've got treasuries rallying. Those are all defensive. Those are all things that would say, 'Hey, there's something actually wrong here.' And then you've got stocks rallying risk-on and you've got high yield spreads really tight." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
US stocks (^DJI, ^IXIC, ^GSPC) ended Friday's trading session higher, capping off a week of gains as markets rebound from early September volatility (^VIX). Over the last five trading days, the S&P 500 saw gains of over 4% while the Nasdaq Composite surged by nearly 6%. Market Domination Overtime Julie Hyman recaps the week's trading trends, examining the Russell 2000 small cap index (^RUT), the S&P 500 Equal Weight Index (^SP500EW, ^SPXEW), and gold prices (GC=F). For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
Garmin (GRMN) stock moves lower as Barclays analysts downgrade it to an Underweight rating from Equal-Weight, cutting their price target on the GPS and smartwatch maker to $133 per share. Julie Hyman and Josh Lipton report on the analyst call that cites the brand's valuation narrative heading into 2025. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
Shares of Trump Media & Technology Group (DJT) are surging after former President Donald Trump announced he will not be selling his stake in the company. Market Domination Hosts Julie Hyman and Josh Lipton report more on the story and break down the stock's movement over the week. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
Zelensky applies more pressure on West to allow Ukraine to use Storm Shadow missiles on targets in Russia
The UK and US are believed to be on the cusp of allowing Kyiv to use long-range missiles inside Russia
Hurts previously shared that he considered himself 'spoken for' and that he 'knew a long time ago' Burrows was the one
The firm's seventh consecutive year on the list.Atlanta, Sept. 13, 2024 (GLOBE NEWSWIRE) -- ImagineX is proud to announce that it has been recognized for the seventh consecutive year as one of Consulting Magazine's "Best Small Firms to Work For." Coming in at #18 on the 2024 list, this prestigious honor highlights ImagineX’s commitment to excellence in software engineering and cybersecurity services. "Seven straight years on this list is no accident," said Shaun Bank, ImagineX CEO. "2024 has bee
The jury that convicted Sam Bankman-Fried of stealing billions of dollars from customers of his FTX cryptocurrency exchange only saw "half the picture" because the judge did not allow in critical evidence, his lawyer argued in their appeal on Friday. In a 102-page brief filed with the 2nd U.S. Circuit Court of Appeals, Bankman-Fried's lawyer wrote that U.S. District Judge Lewis Kaplan erred in preventing the 32-year-old former billionaire from introducing evidence to back up his belief that FTX had enough funds to cover customer withdrawals.
NEW CANAAN, Conn., Sept. 13, 2024 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, today announced that its board of directors has approved its third quarter 2024 cash dividend of $0.43 per share of common stock. The dividend is equivalent to an annualized dividend of $1.72 per common share and is payable on October 15, 2024, to common stockholders of record at the close
Austin, Texas, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Acri Capital Acquisition Corporation (the “Company”) (Nasdaq: ACAC), a special purpose acquisition company, today announced that, in order to extend the date by which the Company must complete its initial business combination from September 14, 2024 to October 14, 2024, the Company received in its trust account (the “Trust Account”) an aggregate of $50,000 (the “New Monthly Extension Payment”) from Foxx Development Inc., the target of the Company
GOLETA, Calif., September 13, 2024--Deckers Brands (NYSE: DECK), a global leader in designing, marketing, and distributing innovative footwear, apparel, and accessories, today announced that during its annual meeting held on September 9, 2024, its stockholders approved a six-for-one forward stock split, along with a proportionate increase in the number of authorized shares of its common stock.
Adobe (ADBE) shares fell by over 8% on Friday after reporting fourth-quarter guidance that disappointed Wall Street. The creative software developer topped earnings estimates, posting $5.41 billion in revenue ($5.37 billion expected) and adjusted earnings of $4.65 per share ($4.53 expected). Market Domination co-hosts Julie Hyman and Josh Lipton report on analyst calls on Adobe stock as the company attempts to find its footing in AI monetization. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
Patrick Ruane, 55, from Paddington, west London, weaponised social media app Telegram to encourage attacks
It has been a busy season for Emily Cooper with a new city and love interest. But is Emily heading to Rome? Here's what we know so far about Season 5.
KIRKLAND, Wash., Sept. 13, 2024 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (Nasdaq: MPWR), a global company that provides high-performance, semiconductor-based power electronics solutions, announced today its third quarter dividend of $1.25 per common share to all stockholders of record as of the close of business on September 30, 2024. The dividend will be paid on October 15, 2024. Safe Harbor Statement This news release includes “forward-looking statements” intended to qualify for the
NEW YORK, September 13, 2024--Ralph Lauren Corporation Declares Quarterly Dividend
Feeling low on cash? You're not alone. Here's how you can cash in as the cost of living continues to bite.
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