AI demand for data centers boosts Digital Realty’s prospects, stock wins upgrade
JPMorgan ups data center owner to outperform as a ‘substantial beneficiary of cloud and AI demand for data center capacity.’
Good news on PCE inflation may not be enough to help Biden after that debate
While Friday’s encouraging inflation data might be helpful to President Joe Biden, the spotlight at the moment remains on his widely panned performance in a debate against presumptive Republican nominee Donald Trump.
Can McDonald’s make money on $5 meals when inflation is so high?
Also: Stock-market winners and losers for the first half of 2024, a possible AI infrastructure bubble and personal financial advice
Fed’s interest-rate policy is working, just taking longer than everyone would want, Daly says
Critics say the opposite: the longer policy takes, the more it looks like it isn’t working
Consumer sentiment perks up at the end of June, but inflation still a big worry
Consumers were slightly more optimistic about the economy at the end of June, but the effects of high inflation in the past few years still weighed on their minds.
Nvidia has added $1.8 trillion of market cap in 2024. Here’s how big that is.
Besides Nvidia itself, there are only four U.S. companies with valuations greater than the amount of Nvidia’s market-cap gains.
Chewy’s stock slides one day after Roaring Kitty’s cryptic dog post
Shares of Chewy Inc. are down 9.7% Friday after spiking Thursday in the wake of a cryptic post from influential trader Keith Gill, also known as Roaring Kitty.
‘We don’t want customers to blow up their accounts’ — Why brokerages are pushing investor education
Social media has opened up the door to learn about investing. But you might want to think twice before you follow the advice you see.
These 20 stocks have been the S&P 500’s biggest losers so far in 2024
The S&P 500 is up nearly 16% so far this year with dividends reinvested. Artificial intelligence has been the big theme driving gains for Big Tech, especially Nvidia Corp. But 38% of the S&P 500 have had negative returns during the first half of 2024.
Debate aftermath: Betting markets put Biden’s chance of re-election at new low, while Newsom gains
President Biden now has a 19% chance of being re-elected, according to betting markets tracked by RealClearPolitics. That’s down from 36% Wednesday, and is the lowest level ever in RCP’s data.
