U.S. jobless claims hold steady at 20-month high, current account gap widens U.S. jobless claims stubbornly clung to a 20-month high. This prolonged elevation for the third consecutive week hints at a labor market that’s starting to soften, thanks to the Federal...
June 20, 2023 Crude Reality: Oil Prices Take a Dip as Markets Assess China’s Rate Cut and Gloomy Economic Outlook Oil prices decided to take a step back in the Asian trade arena, caught in a balancing act between China’s interest rate cut and a growing...
Dow Soars 400+ Points, S&P 500 Hits a ‘Lucky 13′ High! In a stunning display of financial acrobatics, the Dow Jones Industrial Average soared over 400 points, leaving investors spinning with excitement. Meanwhile, the S&P 500 gracefully tiptoed its...
Stock Market Experiences Volatility as Fed Holds Rates Steady but Signals Future Changes In a decision that had investors on the edge of their seats, the Federal Reserve opted to press the pause button on their interest-rate hiking campaign, but not without a twist....
AMD Unveils Mind-Blowing A.I. Chip to Give Nvidia a Run for Its Money! AMD dropped a bombshell on Tuesday, unveiling their highly advanced AI GPU, the MI300X, set to be unleashed upon lucky customers later this year. This announcement from AMD is like a fierce slap in...
Stock Market Kicks Off Wild Week Hold onto your hats, folks! The stock market kicked off the week with a bang, as if it had chugged a triple-shot espresso. With inflation data eagerly awaited on Tuesday and the Federal Reserve’s policy decision looming on...
