News

Kevin Warsh said rates could rise this year if inflation does not cool enough

Trump-appointed Federal Reserve Chairman Kevin Warsh made clear during his Friday appearance at Jackson Hole that interest rates could get hiked this year if inflation refuses to settle down fast enough. Kevin said summer inflation figures came in cooler than expected, but that was not enough to show the bigger trend had changed. “While this...

Source Cryptopolitan1787954709
Why Goldgroup Mining Tumbled Today

Key PointsIt seems as if the U.S. Fed is willing and eager to raise interest rates.Given the increasing possibility that this will happen, investors traded out of precious metals.1

Source  The Motley Fool1787954060
Prediction: This Is What a $1,000 Investment in Micron Stock Will Be Worth by 2030

Key PointsMicron can sustain strong earnings growth rates until 2030, driven by a favorable memory pricing environment.The stock trades at a very attractive valuation right now, th

Source  The Motley Fool1787953981
Stock Market Today, Aug. 28: PG&E Falls 8% on Wildfire-Liability Uncertainty Ahead of Aug. 31 Deadline

PG&E (NYSE:PCG), a California-regulated utility delivering electric and gas service, closed at $16.61, down 7.44%. California Governor Gavin Newsom's plan to protect utilities from

Source  The Motley Fool1787953673
Avici token sinks 39% as hackers drain up to $1 million from Solana neobank

Avici, a neobank built on the Solana blockchain, is investigating a security breach that emptied user funds on August 28. Anything from $600,000 to more than $1 million may have been lost, per initial reports.  Avici’s AVICI token lost roughly 39% of its value in a single day following the hack.  How much was lost...

Source  Cryptopolitan1787953208
Why HP Stock Topped the Market Today

Key PointsOn Friday, an analyst raised his price target on the veteran tech hardware specialist.This was the latest in a small series of hikes.10 stocks we like better than HP ›(fu

Source  The Motley Fool1787952736
Stock Market Today, Aug. 28: Marvell Slides 10% on Softer Fiscal 2028 Guidance and Google Deal Timing

Marvell Technology (NASDAQ:MRVL), a data-center networking and custom AI semiconductor solutions provider, closed at $216.62, down 10.28%. The stock fell after the fiscal second-qu

Source  The Motley Fool1787952574
Apple opens its September 9 event with a foldable iPhone and no base model

Apple affirmed a September 9 iPhone event where a foldable iPhone Ultra and two Pro models lead a fall rollout, with no base iPhone 18 until spring 2027.

Source  Cryptopolitan1787952312
A Wall Street Journal Report on $3 Trillion in Off-Balance-Sheet AI Commitments Recently Tanked Vertiv and GE Vernova. Here's What Actually Changed.

Key PointsThe artificial intelligence industry’s leading names have seemingly overcommitted themselves to future spending plans.This money that’s already earmarked for future AI in

Source  The Motley Fool1787952300
South Korean Won: Higher rates and chip boom support gains – ING

ING’s Chris Turner reports that the Korean Won (KRW) continues to advance, driven by back-to-back Bank of Korea (BoK) rate hikes to 3.00% and a Dot Plot pointing to 3.25% in six months.

Source  Fxstreet1787951880
Can Dogecoin Reach $1 by 2030?

Key PointsGiven that Dogecoin’s price has soared 38,000% in the past 10 years, investors might think that a more than 1,000% gain in four years is possible.This meme token’s downwa

Source  The Motley Fool1787950980
Circle's FCA license clears the way for USDC on Chelsea's shirt this season

Chelsea signed Circle as front-of-shirt sponsor, putting USDC on its shirts two months after the FCA told clubs to vet unauthorized crypto backers.

Source  Cryptopolitan1787950858
Stock Market Today, Aug. 28: PayPal Falls 13% After Stripe and Advent Abandon $50B Takeover

PayPal Holdings (NASDAQ:PYPL), a digital payments and consumer/merchant transaction platform, closed at $53.66, down 12.71%. Shares fell after reports Stripe and Advent abandoned t

Source  The Motley Fool1787950844
Trump’s June Holdings Revealed: Berkshire, Visa, Mastercard, and SpaceX Become New Buys

TradingKey - According to financial disclosure documents made public on August 22, Eastern Time, Trump's investment accounts executed 1,051 securities transactions in June, with total disclosed transa

Source  Tradingkey1787950800
Prediction: Nvidia's Data Center Business Alone Clears $100 Billion in a Quarter This Fiscal Year

Key PointsData center revenue reached $89.0 billion in the July quarter -- 92.5% of Nvidia's total revenue.The company guided fiscal third-quarter revenue to $108.0 billion, which

Source  The Motley Fool1787950681
Why SSR Mining Stock Flopped on Friday

Key PointsThis was due largely to hawkish remarks from Fed chair Kevin Warsh.Higher rates would mean higher yields for assets like bonds. 10 stocks we like better than SSR Mining ›

Source  The Motley Fool1787950300
You May Be Surprised By What the Average 35-Year-Old Has Saved in a 401(k)

Key PointsBy age 35, you've hopefully started to build some retirement savings.The good news is that you may have three more decades of wealth building ahead of you.If you're strug

Source  The Motley Fool1787949960
Malaysian Ringgit: BNM seen on steady policy path – DBS

DBS Group strategists Taimur Baig and Nathan Chow expect Bank Negara Malaysia (BNM) to keep its Overnight Policy Rate unchanged at 2.75% on September 3, maintaining the stance adopted after its July 2025 insurance cut.

Source  Fxstreet1787949540
Nvidia Just Did Something It's Never Done Before. Here's Why It Makes the Stock a Buy.

Key PointsNvidia continues to deliver huge revenue growth.The company is gaining increased longer-term visibility and the stock remains attractively valued. 10 stocks we like bette

Source  The Motley Fool1787949420
Trump administration drafts rule to close China's remote chip loophole

The Trump administration is preparing a rule that would stop Chinese companies from renting American AI chips through data centers in other countries.  This is a channel that the current US export controls do not cover currently. Who is writing the rule and when will it land? The Commerce Department’s Bureau of Industry and Security...

Source  Cryptopolitan1787949354
Dividend Yield, Explained: Why I'm Holding High-Yield Stocks My Conviction Ratings Flag as "Strong Buys"

Key PointsDividend yield is a simple math equation: dividing the dividend by the stock price.Dividend yield can help identify if a stock is a good value.The reliability of the divi

Source  The Motley Fool1787949300
Mexican Peso tumbles as Warsh embarks on inflation fight

The Mexican Peso depreciates against the US Dollar on Friday, down by over 0.42% on hawkish remarks by Fed Chair Kevin Warsh at the Jackson Hole Symposium. This prompted investors to price in a potential rate hike in 2026, a tailwind for the Greenback.

Source  Fxstreet1787948696
Google commits to adjust 'parasite SEO' policy to avoid EU regulators fine

Google (NASDAQ: GOOG) has announced that it will end manual search penalties under its “parasite SEO” rules throughout Europe on August 30.  The announcement is supposed to put an end to a European Commission inquiry that threatened Google with a fine of almost 10% of Google’s global revenue. Manual demotions come to a halt throughout...

Source  Cryptopolitan1787948417
Should You Dump Airline Stocks With the Iran War Still Simmering?

Key PointsThe U.S.-Iran war has raged for six months now, appearing to either worsen or, at best, turn into a stalemate.That may sound like bad news for airline stocks, but soarin

Source  The Motley Fool1787948400
History Says the Nasdaq-100 Does This in September. AI Investors Should Take Note.

Key PointsFrom 1928 to 2023, the S&P 500 has, on average, declined during September.The Nasdaq-100 also typically has rough Septembers, dropping by an average of 2.1% during those

Source  The Motley Fool1787948220
Ciena Corp Stock (CIEN) Closed Down by 5.35% on Aug 28: What Investors Need To Know

Ciena Corp (CIEN) closed down by 5.35%. The Technology Equipment sector is down by 1.96%. The company underperformed the industry. Top 3 stocks by turnover in the sector: NVIDIA Corp (NVDA) down 4.57%

Source  Tradingkey1787948131
Biontech SE Stock (BNTX) Closed Down by 8.37% on Aug 28: What Signal Does It Send?

Biontech SE (BNTX) closed down by 8.37%. The Pharmaceuticals & Medical Research sector is down by 0.81%. The company underperformed the industry. Top 3 stocks by turnover in the sector: Eli Lilly and

Source  Tradingkey1787948128
PG&E Corp Stock (PCG) Closed Down by 7.52% on Aug 28: Drivers Behind the Movement

PG&E Corp (PCG) closed down by 7.52%. The Utilities sector is down by 1.55%. The company underperformed the industry. Top 3 stocks by turnover in the sector: PG&E Corp (PCG) down 7.52%; Ge Vernova Inc

Source  Tradingkey1787948127
goTop
quote