Author: usaeverydaylife

Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as the Dow Industrials rose 400 points amid a rotation into health-care names, and what’s on the radar for the next session. The Japanese rice trade from the 1800s, two charts and Apple Carter Worth of ” Fast Money ” fame, who made an unbelievably great call on a downturn for the stock back in 2022, said that Apple is…

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Sunset scene of light trails traffic speeds through an intersection in Gangnam center business district of Seoul at Seoul city, South KoreaMongkol Chuewong | Moment | Getty ImagesAsia-Pacific markets opened mostly lower on Wednesday as investors digest the latest comments from U.S. Federal Reserve Chair Jerome Powell.Powell said Tuesday that the central bank would have already cut interest rates if it weren’t for U.S. President Donald Trump’s tariff initiatives.Japan’s benchmark Nikkei 225 slid 1.32%, and the Topix lost 0.64%. South Korea’s Kospi was 0.42% lower while the Kosdaq was flat.Australia’s S&P/ASX 200 inched up 0.49%.Futures for Hong Kong’s Hang Seng index…

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Hedge funds are starting to bet against the Swiss franc and are using the currency to finance purchases of the higher-yielding British pound in a trade driven by diverging central bank policies. The move is a classic “carry trade,” a strategy where investors borrow in a currency with low interest rates to buy a currency with higher rates, aiming to pocket the difference. While the most popular version of this trade involves the U.S. dollar and Japanese yen, Patrick Ernst, a strategist at UBS Global Wealth Management, described the pound-franc pairing as an “interesting intra-European alternative.” One catalyst for the…

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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyCarter Worth, Worth Charting, joins ‘Fast Money’ to talk the technicals on Apple and how he suggests playing the stock in the short-term.02:102 hours ago Source link

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CNBC’s Jim Cramer on Tuesday pointed out that three megacap tech names managed to exit the first half of the year at all-time highs: Microsoft, Nvidia and Meta. He reviewed each company and explained why he thinks they have outperformed their “Magnificent Seven” peers.”Not FANG. Not Magnificent Seven. Just M-N-Ms,” Cramer said. “The sole survivors of a brutal quarter from what used to be the most captivating group in the market.”These stocks hit some “pretty hideous darn levels” earlier in the quarter, Cramer said, so it’s worthwhile to examine how and why they managed to triumph.Microsoft disappointed Wall Street in…

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Amazon founder Jeff Bezos leaves Aman Venice hotel, on the second day of the wedding festivities of Bezos and journalist Lauren Sanchez, in Venice, Italy, June 27, 2025. Yara Nardi | ReutersAmazon founder Jeff Bezos unloaded more than 3.3 million shares of his company in a sale valued at roughly $736.7 million, according to a financial filing on Tuesday.The stock sale is part of a previously arranged trading plan adopted by Bezos in March. Under that arrangement, Bezos plans to sell up to 25 million shares of Amazon over a period ending May 29, 2026.Bezos, who stepped down as Amazon’s…

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Traders work on the floor of the New York Stock Exchange during morning trading on April 07, 2025 in New York City. Michael M. Santiago | Getty ImagesStock futures were little changed on Tuesday evening, after investors began the second half with a reduced appetite for technology stocks.Futures tied to the Dow Jones Industrial Average added 7 points, or 0.02%. S&P 500 futures were marginally higher, while Nasdaq 100 futures advanced 0.03%.In regular trading, the blue-chip Dow advanced 400 points, while the S&P 500 slipped 0.1%. The Nasdaq Composite lost 0.8% as traders shunned the high-flying tech stocks that drove the…

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The House of Representatives on Tuesday took the reins of President Donald Trump’s megabill, after the Senate narrowly passed it following days of grueling negotiations and last-minute deals.Now, Republican Speaker Mike Johnson is staring down an uncertain path for the bill through his chamber, where several members of his conference have already publicly registered their objection to the Senate-approved version of the bill.The final vote in the Senate was 51-50, and Vice President JD Vance was needed to cast a tie-breaking vote. “I don’t work for the Senate parliamentarian. I work for the PEOPLE,” Rep. Andy Ogles, R-Tenn., wrote on X…

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