Fed keeps rates steady, hints at future cuts as inflation nears target, markets rally
From CNBC: 2024-07-31 14:45:42 Federal Reserve officials keep short-term interest rates steady, hint at future cuts as inflation nears target.
Author: MarketNewsData
Your go-to source for real-time financial news and market analysis. Powered by AI. Covering earnings, economic events, and corporate news.
Technology and Communications sector up 2%, Utilities up 1.1%, showing positive trend.
From Nasdaq: 2024-07-31 14:33:49 In afternoon trading, the Technology & Communications sector is up 2.0%, with Dayforce Inc (DAY) and
SPYX ETF experiencing high trading volume, up 1.4%, with Nvidia and AMD performing well.
From Nasdaq: 2024-07-31 14:23:01 The SPDR S&P 500 Fossil Fuel Reserves Free ETF, SPYX, is experiencing high trading volume, with
High options trading activity seen for AMD, GS, and LYV, with notable volume for various strike prices.
From Nasdaq: 2024-07-31 14:20:58 The S&P 500 saw notable options trading activity in AMD, with 1.0 million contracts traded, equivalent
Traders remain optimistic as Federal Reserve keeps rates unchanged, showing a positive sentiment
From Google: 2024-07-31 14:19:00 Traders are optimistic as the Federal Reserve maintains interest rates, with NASDAQ Index, SP500, and Dow
E-mini S&P 500 option blocks offer capital efficiency and centralized clearing
From CME Group: 2024-07-31 14:16:34 Option blocks at CME Group offer capital efficiency, 24/7 trading, and no breakup risk. Traders
US considering restricting Chinese access to AI memory chips from Micron, SK Hynix, Samsung
From Investing.com: 2024-07-31 14:16:14 The U.S. is considering imposing restrictions on China’s access to AI memory chips from Micron Technology,
Meta Platforms launches AI Studio in the U.S. for creators to personalize chatbots
From Nasdaq: 2024-07-31 14:14:13 Meta Platforms (META) is launching AI Studio in the U.S., enabling creators to develop personalized AI
AMD beat Q2 earnings estimates, with strong performance and guidance, leading to a 9.41% increase in shares.
From Nasdaq: 2024-07-31 14:12:00 Advanced Micro Devices (AMD) reported Q2 2024 earnings of 69 cents per share, beating estimates and
Skyworks Q3 earnings meet estimates, revenues down; Q4 guidance mixed
From NASDAQ.: 2024-07-31 14:09:00 Skyworks Solutions reported third-quarter fiscal 2024 earnings of $1.21 per share, in line with estimates, with
Earnings reports for several companies show projected increase in earnings per share, positive outlook.
From Nasdaq Stock Market: 2024-07-31 14:00:01 Meta Platforms, Inc. (META) and QUALCOMM Incorporated (QCOM) are set to report earnings after
Jerome Powell's US Fed meeting discusses potential rate cut in September
From Google: 2024-07-31 13:44:19 1. The US Federal Reserve is set to hold a crucial meeting with Jerome Powell to
Bitcoin price stable at $65,000, caution advised on short-term trend reversal, too early for altcoins
From Cointelegraph July 31, 2024 1:42:54 pm: Bitcoin’s price is holding steady around the $65,000 mark, but analysts caution against
DuPont reported strong earnings, plans to split into three firms, driving shares up 5%.
From CNBC: 2024-07-31 13:40:19 DuPont reported a beat-and-raise quarter, with net sales of $3.17 billion, up 2.5% YoY and 8.2%
Beacon Roofing reaches all-time high of $103.77, signaling positive growth for investors.
From Google: 2024-07-31 13:38:14 Beacon Roofing reported a record high stock price of $103.77, marking a significant milestone for the
Taco Bell plans to use AI for drive-thru orders, joining rivals and seeing success
From CNBC: 2024-07-31 13:36:07 Yum Brands plans to use artificial intelligence for drive-thru orders at Taco Bell locations by the
Peter Schiff criticizes Michael Saylor's excitement over Bitcoin adoption by corporations.
From Investing.com July 31, 2024 1:30:22 pm: Renowned economist Peter Schiff criticizes Michael Saylor’s excitement over Bitcoin adoption by corporations,
AI-powered financial advisor PortfolioPilot has $20 billion in assets and offers personalized recommendations
From CNBC: 2024-07-31 13:30:01 A financial advisor called PortfolioPilot, using AI, has amassed $20 billion in assets, adding 22,000 users
Match Group reported Q2 earnings meeting estimates, revenues up 4%
From MarketWatch: 2024-07-31 13:29:00 Match Group reported Q2 2024 earnings of 48 cents per share, meeting estimates. Revenues of $864.07
AI stocks, including Nvidia and Arm Holdings, surged due to strong AI adoption.
From Nasdaq: 2024-07-31 13:25:37 The market rally is fueled by the adoption of generative AI. Nvidia, Micron, Arm Holdings, TSMC,
Groupon reports wider-than-expected loss in Q2 with decreased revenues
From Nasdaq: 2024-07-31 13:23:00 In the second quarter of 2024, Groupon (GRPN) reported a non-GAAP loss of 2 cents per
Spotify reports mixed Q2 results, with earnings beating and revenues missing estimates, showing positive future growth potential.
From Nasdaq: 2024-07-31 13:18:00 Spotify Technology S.A. reported mixed second-quarter 2024 results, with earnings beating but revenues missing estimates. Total
Apple AAPL and Amazon AMZN set to report quarterly results, with AI trend impacting growth
From Nasdaq: 2024-07-31 13:11:00 Apple AAPL and Amazon AMZN are set to report quarterly results on Aug 1, investors are
AMD reports strong Q2 2024 earnings, exceeding expectations, with data center and client segments performing well.
july 31, 2024 Advanced Micro Devices, Inc. (NASDAQ: AMD) reported its Q2 2024 earnings on July 30, 2024, showcasing strong
NVIDIA researchers showcase real-time generative AI technology at SIGGRAPH
From Nvidia: 2024-07-31 13:00:31 NVIDIA researchers showcased their use of NVIDIA Edify, a generative AI technology, to rapidly create a