Tuesday Nov. 19th Stocks to Watch
📈 Super Micro Computer (SMCI): The AI server manufacturer submitted a plan to remain listed on the Nasdaq, sparking a 21% surge in its shares. This builds on Monday’s rally, driven by anticipation of the announcement. 📈 Walmart (WMT): The retail giant reported a rise in quarterly U.S. sales, driven by increased purchases of groceries, home goods, […]
Blackwell is key to Nvidia’s next growth phase. The new AI chip has reportedly hit an overheating snag.
Nvidia’s Blackwell chip promises faster compute for AI than predecessors. Nvidia Nvidia has asked suppliers to change server racks for Blackwell due to overheating, per The Information. It sparks concerns that Nvidia may delay deliveries, which are expected to start next month. Blackwell chips are key for AI development, promising improved speed over Nvidia predecessors. […]
Is a retirement savings crisis looming?
Tens of millions of private-sector workers lack access to a retirement savings plan through their employer, which experts at the AARP Public Policy Institute warn could pose a significant burden to future taxpayers. The institute estimates that 57 million private sector workers in the U.S. – about half of the workforce – are not offered […]
Goldman Sachs: Trump tax cuts, deregulation will boost growth; tariffs could be a drag
Goldman Sachs last week released a forecast for the U.S. and global economies that projected the impact of President-elect Trump’s victory on the economy in 2025, finding that the incoming administration’s planned tax cuts will boost growth, though more aggressive tariffs could dampen that impact. Goldman Sachs economists led by Jan Hatzius projected that the […]
Spirit Airlines files for Chapter 11 bankruptcy protection
Spirit Airlines has filed for Chapter 11 bankruptcy protection following significant financial struggles due to mounting losses and debt maturities, the airline announced Monday. The filing comes after two failed mergers in less than two years – one recently with Frontier and another earlier in 2024 with JetBlue – which left the ultra-low-cost carrier in […]
Avoiding Global Chaos in the Next Ten Weeks: A Bipartisan Imperative
With Donald Trump’s inauguration looming on January 20th, the world faces a precarious ten-week transition. Even before the U.S. election, global instability was rife, with conflicts in Ukraine, the Middle East, and tensions in the Pacific. Now, with Joe Biden’s authority waning and Trump eager to reshape American foreign policy, a period of limbo has […]
Trump’s Return: A New Era of Economic Nationalism and Global Trade Shifts
When Donald Trump takes office again, he’ll encounter a global economy vastly changed from his first term, with an even greater reliance on the U.S. than before. His plans for broad tariffs could have a larger impact worldwide than his initial “America First” policies, giving him more power in trade negotiations. The U.S. economy has […]
Europe’s Economy Reaches Pivotal Moment as Trump Returns to Power
With the recent U.S. election outcome and Germany’s government collapsing, Europe’s struggling economy stands at a critical juncture. Wall Street’s take is clear: A second Trump presidency is expected to challenge the export-reliant European Union, already grappling with sluggish economic growth and persistent political crises. Whether this could finally spur meaningful reform is now a […]
Inflation Edges Up to 2.6%, Yet Fed Rate Cut Remains a Possibility
Inflation data released by the Labor Department shows that consumer prices in October rose by 2.6% year-over-year, slightly faster than the 2.4% increase observed in September. This uptick was anticipated by economists, as was the 3.3% rise in core prices, which exclude volatile food and energy costs to provide a clearer picture of long-term inflation […]
Trump expected to ‘soon’ appoint a Ukrainian peace envoy after promises of negotiating end to war with Russia
EXCLUSIVE: President-elect Donald Trump is expected to soon appoint a Ukrainian peace envoy to lead negotiations on ending the war with Russia, multiple sources told Fox News Digital. “You’re going to see a very senior special envoy, someone with a lot of credibility, who will be given a task to find a resolution, to get […]
