US households are sitting on record amounts of stock. That could be bad news for the market.
"With this much optimism, one must ask how much liquidity is left around to buy," Ned Davis Research said.
Watch These AppLovin Price Levels as AI Stock's Volatile Run Continues
AppLovin shares surged Wednesday as investors reassessed their positions in the AI-powered advertising platform after selling accelerated in the stock yesterday. Monitor these crucial chart levels.
Morning bid: Markets soar as Powell brings back 'transitory'
Wall Street rallied sharply and Treasury yields fell on Wednesday as investors bet that the Federal Reserve will look through rising price pressures and continue cutting interest rates this year, after new projections showed that officials now expect lower growth and higher inflation. While the median projection of two more rate cuts this year is still policymakers' base case, the underlying 'dot plot' forecasts shifted up closer towards only one. Investors ignored that, however.
Stock of the Day: Gilead Sciences falls on report the Trump administration could slash funds for HIV prevention
The Health and Human Services Department is considering cuts to HIV prevention funding, according to The Wall Street Journal.
These Nvidia Partner Stocks Are Getting a Boost After GTC Keynote
Shares of several Nvidia partners climbed in the wake of CEO Jensen Huang's GTC keynote.
Carriers big and small at TCA wait for signs of freight market turnaround
On panels for both small and large carriers, the talk at the Truckload Carriers Association was of coping with a freight recession as a turnaround remains elusive. The post Carriers big and small at TCA wait for signs of freight market turnaround appeared first on FreightWaves.
Stock market today: Nasdaq leads market rally as investors cheer Fed rate decision
US stocks rallied on Wednesday as investors cheered the Federal Reserve's latest policy announcement.
Five Below (NASDAQ:FIVE) Posts Better-Than-Expected Sales In Q4, Next Quarter’s Sales Guidance is Optimistic
Discount retailer Five Below (NASDAQ:FIVE) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 4% year on year to $1.39 billion. Guidance for next quarter’s revenue was optimistic at $915 million at the midpoint, 2.2% above analysts’ estimates. Its non-GAAP profit of $3.48 per share was 3.3% above analysts’ consensus estimates.
Tesla stock rebounds as California approves initial permit for ride-hailing
Tesla stock rebounded on Wednesday on news the EV maker was one stop closer to robotaxi ride-hailing in the state of California.
Why United Airlines (UAL) Stock Is Trading Up Today
Shares of airline company United Airlines Holdings (NASDAQ:UAL) jumped 6.4% in the afternoon session as stocks rebounded to start the session amid continued market volatility and moved slightly higher after the Federal Open Market Committee kept rates at 4.25% to 4.50% in its March 2025 meeting. The Jerome Powell-led committee also hinted at two more rate cuts for the year, saying, "Uncertainty around the economy has grown."