Your Pulse On America: Live And Unfiltered
Federal Reserve Chair Jerome Powell said Wednesday he has not spoken to President Donald Trump since the newly inaugurated president told business leaders he would demand the central bank lower interest rates. Speaking after the Fed’s decision to hold interest rates steady, Powell said he has had “no contact” with the president since Trump’s remarks…
The Federal Reserve held its key interest rate in check Wednesday, reversing a recent trend of easing policy as it examines what is likely to be a bumpy political and economic landscape ahead. In a widely anticipated move, the central bank’s Federal Open Market Committee left unchanged its overnight borrowing rate in a range between…
Starbucks on Tuesday reported that its same-store sales slid for the fourth consecutive quarter, but the company’s quarterly earnings and revenue beat Wall Street’s expectations. The coffee giant kicked off a turnaround plan last quarter in the hopes of reviving its U.S. business, which has slumped over the past year. “While we have room for improvement, we’re…
First Lady Melania Trump laughs as she watches US President Donald Trump cut with a saber into a cake representation of the new Air Force One design during the Commander-In-Chief inaugural ball at the Walter E. Washington Convention Center in Washington, DC, on Jan. 20, 2025. Patrick T. Fallon | AFP | Getty Images Boeing…
Kelly Ortberg speaks at the 14th annual U.S. Chamber Of Commerce Foundation Aviation Summit in downtown Washington, D.C. Kris Tripplaar | SIPPL Sipa USA | AP Boeing reported fourth-quarter results before the market opening on Tuesday. Here’s what the company reported compared with what Wall Street analysts surveyed by LSEG were expecting: Loss per share:…
Even after a 20% surge on Friday, Goldman Sachs thinks Twilio shares have further room to run. The firm raised its rating on shares to buy from neutral. In addition, analyst Kash Rangan increased his price target to $185 per share from $77, indicating shares could climb an additional 35.8% from Friday’s close. TWLO YTD…
The DeepSeek sell-off could soon mean a buying opportunity in Amazon and Broadcom , according to Hightower’s Stephanie Link. Stock futures are tumbling Monday after Chinese startup DeepSeek debuted a potentially competitive artificial intelligence model at a lower cost than OpenAI, spurring investor fears of an impending burst in the AI bubble. The S &…
U.S. technology firms plunged in Monday premarket trading, part of a global sell-off as Chinese startup DeepSeek sparked concerns over competitiveness in artificial intelligence and America’s leadership in the sector. Shares of chip designer Nvidia, a major beneficiary of the AI hype, slid more than 11% ahead of the market open. This rout extended to…
A challenging backdrop for the housing market has Bank of America unsure about D.R. Horton . Analyst Rafe Jadrosich downgraded the stock to neutral from buy. He also lowered his price target to $150 per share from $160. The new price target indicates just around 5% upside potential from where shares closed Friday. A high…
Take-Two Interactive Software has “a grand pipeline” ahead thanks to its upcoming release of “Grand Theft Auto VI” video game, according to UBS. Analyst Christopher Schoell upgraded the stock to buy from neutral. He also increased his price target to $230 from $170, indicating 25% upside from Friday’s close. The rising demand for “Grand Theft…