Perplexity AI faces scrutiny after its Comet tool reportedly completed a 2-hour, 100-question exam in 13 minutes, sparking debates on AI-assisted cheating while the startup also makes a bold $34.5 billion bid to acquire Google's Chrome browser.
In this video, Ira Epstein discusses the stock market movements on August 13, 2025, highlighting gains in stock indices and specific stocks like Netflix and Boeing, while noting declines in NVIDIA and oil prices.
According to CME Group’s FedWatch tool, 100% of traders have priced in at least a 25 basis point rate cut in the U.S. central bank’s next policy meeting.
Wall Street erupted in a broad market rally on Wednesday, August 13, 2025, as both the S&P 500 and Nasdaq Composite surged to new all-time highs. This significant upward trend was primarily fueled by burgeoning optimism surrounding potential Federal Reserve interest rate cuts, a sentiment bolstered by recent easing
A number of stocks jumped in the afternoon session after markets continued to rally amid growing speculation of an impending interest rate cut by the Federal Reserve. Following a favorable Consumer Price Index (CPI) report, investors are increasingly betting on a rate reduction next month, a sentiment amplified by U.S. Treasury Secretary Scott Bessent's call for a significant cut. This has fueled a 'risk-on' environment across Wall Street. Lower interest rates are typically beneficial for growth-oriented sectors like healthcare, as they reduce the cost of borrowing for research and innovation and increase the present value of future earnings.
A number of stocks jumped in the afternoon session after markets continued to rally amid growing speculation of an impending interest rate cut by the Federal Reserve. Following a favorable Consumer Price Index (CPI) report, investors are increasingly betting on a rate reduction next month, a sentiment amplified by U.S. Treasury Secretary Scott Bessent's call for a significant cut. This has fueled a 'risk-on' environment across Wall Street. Lower interest rates are typically beneficial for growth-oriented sectors like healthcare, as they reduce the cost of borrowing for research and innovation and increase the present value of future earnings.
A number of stocks jumped in the afternoon session after markets continued to rally amid growing investor optimism for a Federal Reserve interest rate cut in September. This optimism was spurred by a recent Consumer Price Index (CPI) report that did not show runaway inflation, increasing the perceived probability of a rate cut to over 90%. Lower interest rates are generally seen as a positive for the economy as they reduce borrowing costs for consumers, which can stimulate spending on non-essential goods. Consequently, investors bid up shares in the apparel, home furnishings, and automotive retail industries in anticipation of stronger consumer demand.
A number of stocks jumped in the afternoon session after markets continued to rally amid growing investor optimism for a Federal Reserve interest rate cut in September. This optimism was spurred by a recent Consumer Price Index (CPI) report that did not show runaway inflation, increasing the perceived probability of a rate cut to over 90%. Lower interest rates are generally seen as a positive for the economy as they reduce borrowing costs for consumers, which can stimulate spending on non-essential goods. Consequently, investors bid up shares in the apparel, home furnishings, and automotive retail industries in anticipation of stronger consumer demand.
Global financial markets have breathed a collective sigh of relief following President Donald Trump's decision to extend the imposition of higher tariffs on Chinese goods for another 90 days. This eleventh-hour reprieve, announced just as the previous agreement was set to expire, has averted a significant escalation of the trade
The S&P 500 has recently experienced a robust upswing, with the Technology and Communication Services sectors leading the charge, demonstrating significant gains of 1.6% and 1.9% respectively. This impressive performance, coupled with positive movements in Financials, Consumer Discretionary, Industrials, and Materials, signals a broad-based market rally and
A number of stocks jumped in the afternoon session after the SaaS sector continued to rally as favorable inflation data bolstered hopes for a Federal Reserve interest rate cut. This optimism was largely driven by a benign July Consumer Price Index (CPI) report, which solidified investor expectations for a Federal Reserve interest rate cut. Following the release of the inflation data, which showed a year-over-year increase of 2.7%, the probability of a rate cut in September surged to over 96%. Lower interest rates are typically beneficial for growth-oriented technology stocks, as they can reduce borrowing costs and increase the present value of future earnings. Adding to the positive sentiment was a 90-day delay in the imposition of higher tariffs on Chinese goods, which reduced trade-related uncertainty for the technology sector.
A number of stocks jumped in the afternoon session after markets continued to rally as investor optimism grew for a potential Federal Reserve interest rate cut in September. This optimism was largely fueled by a recent consumer price index report that showed inflation easing, along with public comments from Treasury Secretary Scott Bessent advocating for a significant 50-basis-point rate cut. The prospect of lower borrowing costs tends to boost rate-sensitive sectors like Business Services, as it can encourage companies to increase spending on consulting, IT projects, and staffing.
The financial markets are abuzz with renewed optimism following the release of the less-than-expected July Consumer Price Index (CPI) data. This pivotal economic indicator, which showed a modest 0.2% monthly rise and an unchanged 2.7% yearly inflation rate, has significantly amplified market expectations for the Federal Reserve to
The cryptocurrency market is experiencing an exhilarating surge, with Ether (ETH) leading the charge, rising by a remarkable 7% and inching closer to its all-time high above $4,700. Not to be outdone, Bitcoin (BTC) has firmly established itself above the $120,000 mark, signaling a robust and broad-based rally
The financial markets were rattled this week as CAVA Group (NYSE: CAVA) and CoreWeave (NASDAQ: CRWV), two companies previously lauded for their growth potential, saw their stock prices plummet following disappointing second-quarter earnings reports. CAVA, the fast-casual Mediterranean chain, experienced a significant drop of 16-24%, while AI infrastructure firm CoreWeave
Casual restaurant chain Noodles & Company (NASDAQ:NDLS) missed Wall Street’s revenue expectations in Q2 CY2025, with sales flat year on year at $126.4 million. The company’s full-year revenue guidance of $491 million at the midpoint came in 3.6% below analysts’ estimates. Its non-GAAP loss of $0.12 per share was significantly below analysts’ consensus estimates.
Shares of real estate firm JLL (NYSE:JLL)
jumped 3.3% in the afternoon session after an analyst at Goldman Sachs raised their price target on the stock and reaffirmed a "Buy" rating. Analyst Julien Blouin cited the company's strong performance and positive outlook in the decision to increase the price target to $378 from $338. This bullish sentiment is supported by several recent positive developments for the commercial real estate services firm. JLL recently announced the integration of new artificial intelligence (AI) capabilities into its building operations platform, Prism, a move aimed at enhancing efficiency and reducing costs for its property management teams. The upgrade also follows a strong second-quarter earnings report where the company's earnings per share of $3.30 surpassed Wall Street expectations, contributing to the stock reaching a new all-time high. The broader commercial real estate market appears to be in a strong recovery, with leasing activity surging and major firms, including JLL, raising their 2025 forecasts.
