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MI Exclusive

US stocks rise as the Fed's favorite inflation gauge drops to 2-year low

Fri, 07/28/2023 - 09:39

happy trader nyse — Drew Angerer/Getty Images

Markets, MI Exclusive, Stock market news today, winning streak, inflation drop, pce inflation, fed inflation

Palantir has built an 'AI fortress that is unmatched' and the stock is set to soar 54% as new industrial revolution begins, Wedbush says

Fri, 07/28/2023 - 09:28

Alex Karp, chief executive officer of Palantir Technologies, attends the annual Allen & Company Sun Valley Conference, July 12, 2018 in Sun Valley, Idaho. — Palantir CEO Alex Karp.
Drew Angerer/Getty Images

Markets, MI Exclusive, Palantir, Alex Karp, Wedbush, Stock Market Outlook, Stock Market

Crypto sector is rife with 'fraud' and 'hucksters,' warns SEC chair Gary Gensler

Fri, 07/28/2023 - 06:30

Gary Gensler, the chair of the SEC. — Gary Gensler is the SEC chair.
Evelyn Hockstein/Associated Press

Markets, MI Exclusive, Cryptos, Stocks, SEC

'Shark Tank' investor Kevin O'Leary warns of more regional bank failures as the Fed presses ahead with interest-rate increases

Fri, 07/28/2023 - 05:59

Kevin O'Leary — "Shark Tank" investor Kevin O'Leary.
Mike Blake/Reuters

Markets, MI Exclusive, Kevin O'Leary, Shark Tank, Interest Rates, rising interest rates, Fed

Foodflation hits home: Cocoa prices surge to a 12-year high just after orange juice smashed records

Fri, 07/28/2023 - 05:23

Cocoa — Cocoa prices hit a 12-year high thanks to extreme weather and a black pod disease.
Dursun Aydemir/Anadolu Agency via Getty Images

Markets, MI Exclusive, Cocoa, cocoa futures, Chocolate, Inflation, orange juice

Dow snaps historic win streak as US stocks fall amid more earnings results

Thu, 07/27/2023 - 16:05

trader colorful screen nyse terminal — Timothy A. Clary/Getty Images

Markets, MI Exclusive, Stock market news today, meta platforms, Dow Jones, winning streak, Stocks

Putin promises free grain to African allies after sending prices soaring with attacks on key Ukraine export facilities

Thu, 07/27/2023 - 15:34

putin russia — Sergei Karpukh/Reuters

Markets, MI Exclusive, Russia, russia ukraine war, black sea grain deal, Ukraine grain, wheat prices

The 'AI gold rush' makes today's stock market look more like the early days of the internet boom than the peak of the dot-com bubble

Thu, 07/27/2023 - 13:18

Detail of a golden bull breaking through the finance section of a newspaper - stock photo — Stocks to buy before earnings.
Caspar Benson/Getty Images

Markets, MI Exclusive, Stock Market Outlook, Stock Market Analysis, Stock Market, Analyst Note, Artificial Intelligence

A top real estate economist just declared that the housing recession is over

Thu, 07/27/2023 - 13:17

housing crisis foreclosure great recession — REUTERS/Robert Galbraith

Markets, MI Exclusive, Housing Market, housing rebound, Recovery, Recession, NAR

Wharton professor Jeremy Siegel says Powell just delivered the best news for the stock market in over a year

Thu, 07/27/2023 - 12:53

Wharton professor Jeremy Siegel — Wharton professor Jeremy Siegel is a long-time market commentator.
REUTERS/Steve Marcus

Markets, MI Exclusive, Jeremy Siegel, Fed, Stocks, fed inflation, Fed rate hike

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