3 hours ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
When the stock market dips and investors are concerned about inflation, gold's price tends to increase.
Gold has historically held its value and increased in price over time, making it a useful long-term investment tool.
Investors can use gold as a safe-haven ****** et by buying physical gold coins or bars, gold exchange-traded funds (ETFs), or gold mining stocks.
Gold is a safe-haven investment, meaning its value remains steady or even increases during periods of economic uncertainty. Unlike stocks, the price of gold isn't tied to a single country or company, and gold has been a valuable ****** et for centuries.
#investors #investment #safe #advertiser
When the stock market dips and investors are concerned about inflation, gold's price tends to increase.
Gold has historically held its value and increased in price over time, making it a useful long-term investment tool.
Investors can use gold as a safe-haven ****** et by buying physical gold coins or bars, gold exchange-traded funds (ETFs), or gold mining stocks.
Gold is a safe-haven investment, meaning its value remains steady or even increases during periods of economic uncertainty. Unlike stocks, the price of gold isn't tied to a single country or company, and gold has been a valuable ****** et for centuries.
#investors #investment #safe #advertiser
4 hours ago
On September 16, IDEXX Laboratories (NASDAQ:IDXX) announced it had bought CoVetAI, a fast-growing veterinary software company whose tool listens during appointments and organizes what gets said and done. It sounds like a productivity gadget. But IDEXX is pitching it as a way to put the right patient details in front of a vet at the moment they decide what to test. The price was not disclosed, so the strategy is the story.
Start with the customer base IDEXX already has. More than 10,000 clinics worldwide run on its cloud practice software, and CoVet will plug into that system, including a link to IDEXX VetConnect PLUS. That hands a new product a ready audience. CoVet also works with practice systems IDEXX does not make, and IDEXX plans to keep supporting rival scribes, so the tool can reach clinics and regions the company does not serve today.
Then there is the engine this could feed. On August 4, IDEXX reported second-quarter revenue growth of 10%, and its recurring diagnostics business grew 11%, powered by higher volumes. That says vets are already running more tests, which is the behavior a smarter workflow tool is meant to encourage. The company also placed more than 1,600 inVue Dx ****** yzers in the quarter, lifting the installed base past 9,000, and it counts that instrument among its AI-driven products. Software and hardware are pointing in the same direction.
The biggest problem is what we can't see. Without deal terms, there is no way to judge what IDEXX paid or how much CoVet matters to earnings. And the company describes the payoff in future tense, saying these capabilities can raise diagnostic use over time. That is a hope, not a result yet. CoVet's openness to other systems cuts both ways too. It widens reach, but it also means a clinic can use CoVet without going deeper into IDEXX's ecosystem.
The second quarter also needs a careful read. Earnings per share rose 18%, but that included tax benefits from stock-based pay and a currency boost, and growth on a comparable basis was 15%. Some of the gain, in other words, did not come from selling more to vets. IDEXX also says it is spending more on commercial and innovation priorities, so its higher full-year earnings outlook comes with added costs attached.
#company #software #earnings #already
Start with the customer base IDEXX already has. More than 10,000 clinics worldwide run on its cloud practice software, and CoVet will plug into that system, including a link to IDEXX VetConnect PLUS. That hands a new product a ready audience. CoVet also works with practice systems IDEXX does not make, and IDEXX plans to keep supporting rival scribes, so the tool can reach clinics and regions the company does not serve today.
Then there is the engine this could feed. On August 4, IDEXX reported second-quarter revenue growth of 10%, and its recurring diagnostics business grew 11%, powered by higher volumes. That says vets are already running more tests, which is the behavior a smarter workflow tool is meant to encourage. The company also placed more than 1,600 inVue Dx ****** yzers in the quarter, lifting the installed base past 9,000, and it counts that instrument among its AI-driven products. Software and hardware are pointing in the same direction.
The biggest problem is what we can't see. Without deal terms, there is no way to judge what IDEXX paid or how much CoVet matters to earnings. And the company describes the payoff in future tense, saying these capabilities can raise diagnostic use over time. That is a hope, not a result yet. CoVet's openness to other systems cuts both ways too. It widens reach, but it also means a clinic can use CoVet without going deeper into IDEXX's ecosystem.
The second quarter also needs a careful read. Earnings per share rose 18%, but that included tax benefits from stock-based pay and a currency boost, and growth on a comparable basis was 15%. Some of the gain, in other words, did not come from selling more to vets. IDEXX also says it is spending more on commercial and innovation priorities, so its higher full-year earnings outlook comes with added costs attached.
#company #software #earnings #already
12 hours ago
Choosing between a niche equipment provider and a diversified industry **** an requires balancing high growth potential against established stability. Here is how Aehr Test Systems (NASDAQ:AEHR) and KLA (NASDAQ:KLAC) compare for investors.
Aehr Test Systems focuses on specific stress-testing solutions for power semiconductors and memory, while KLA provides broad process control tools used across the entire chip-making industry. While they both operate in the same sector, their scale and risk profiles differ significantly, making them attractive to different types of portfolios.
Aehr Test Systems designs and sells specialized equipment for the testing and stabilization of semiconductor products in various forms, including wafers and singulated dies. The company focuses on the high-growth silicon carbide market for electric vehicles and high-bandwidth memory for artificial intelligence infrastructure. In its 2026 fiscal year (FY), which ended May 29, its five largest customers accounted for nearly 70% of net sales, and customer concentration like this adds a layer of risk to the business.
In FY 2026, revenue reached $50.0 million, representing a decline of 15.2% compared to the previous year. This contraction followed a period of higher operating costs, resulting in a net loss of $7.1 million for the period. The net margin, which represents the percentage of revenue remaining as profit after all expenses, was -14.3% in the latest fiscal year.
As of its May 2026 balance sheet, the debt-to-equity ratio is zero, indicating that the company has no debt relative to its shareholder equity. The current ratio, which measures a company's ability to cover short-term liabilities with short-term **** ets, is 10.3x. Free cash flow, defined as cash from operations minus capital expenditures, was a negative $5.4 million for the fiscal year ended in May.
#year #equipment
Aehr Test Systems focuses on specific stress-testing solutions for power semiconductors and memory, while KLA provides broad process control tools used across the entire chip-making industry. While they both operate in the same sector, their scale and risk profiles differ significantly, making them attractive to different types of portfolios.
Aehr Test Systems designs and sells specialized equipment for the testing and stabilization of semiconductor products in various forms, including wafers and singulated dies. The company focuses on the high-growth silicon carbide market for electric vehicles and high-bandwidth memory for artificial intelligence infrastructure. In its 2026 fiscal year (FY), which ended May 29, its five largest customers accounted for nearly 70% of net sales, and customer concentration like this adds a layer of risk to the business.
In FY 2026, revenue reached $50.0 million, representing a decline of 15.2% compared to the previous year. This contraction followed a period of higher operating costs, resulting in a net loss of $7.1 million for the period. The net margin, which represents the percentage of revenue remaining as profit after all expenses, was -14.3% in the latest fiscal year.
As of its May 2026 balance sheet, the debt-to-equity ratio is zero, indicating that the company has no debt relative to its shareholder equity. The current ratio, which measures a company's ability to cover short-term liabilities with short-term **** ets, is 10.3x. Free cash flow, defined as cash from operations minus capital expenditures, was a negative $5.4 million for the fiscal year ended in May.
#year #equipment
15 hours ago
Wall Street pays a huge amount of attention to the price movements of the S&P 500 index (SNPINDEX: ^GSPC). If stocks are in a bull market, everyone wants to know when the next bear market will arrive. If there's a bear market, everyone keeps an eye out for the sign that the next bull market has come along. History shows you should ignore Wall Street and focus on a long-term plan of saving and investing, no matter what the market is doing.
World-famous investor and Wall Street icon Warren Buffett has often said that most investors would be better off buying an S&P 500 index fund, such as SPDR S&P 500 Trust (NYSEMKT: SPY) or Vanguard S&P 500 ETF (NYSEMKT: VOO), than trying to buy individual stocks. The real purpose of this is to create a simple, diversified portfolio that allows the investor to focus their attention on saving money and, frankly, living a happy life.
Missed AI's "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ****** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
That said, a key part of Buffett's investment advice is that you should keep buying the S&P 500 no matter what is happening with the market. That's called dollar-cost averaging. You should also reinvest your dividends, which allows the dividends to compound over time. Both are simple, but powerful wealth-building tools.
SPY data by YCharts
#stocks
World-famous investor and Wall Street icon Warren Buffett has often said that most investors would be better off buying an S&P 500 index fund, such as SPDR S&P 500 Trust (NYSEMKT: SPY) or Vanguard S&P 500 ETF (NYSEMKT: VOO), than trying to buy individual stocks. The real purpose of this is to create a simple, diversified portfolio that allows the investor to focus their attention on saving money and, frankly, living a happy life.
Missed AI's "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ****** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
That said, a key part of Buffett's investment advice is that you should keep buying the S&P 500 no matter what is happening with the market. That's called dollar-cost averaging. You should also reinvest your dividends, which allows the dividends to compound over time. Both are simple, but powerful wealth-building tools.
SPY data by YCharts
#stocks
20 hours ago
Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors.
There's a lot we can't predict, like the outcome of the midterm elections, who will make it to the Super Bowl or whether Taylor Swift was actually hinting at a new album release in that Emmy's sketch. But when it comes to what our retirement looks like, we can certainly try.
Many retirement plans offer predictive tools that can help savers forecast their future balances, retirement readiness, income replacement rates and more. Participants, however, aren't happy with the options: J.D. Power's recent survey of digital experience satisfaction for retirement plans found that predictive tools were the lowest-performing attribute.
"The technology in the 401(k) is seriously behind what people are used to in their consumer life," said Fred Barstein, CEO of The Retirement Advisor University. When the underlying technology structure is old and **** bersome, it's hard for the tools to be as effective as they could be.
Sign up for The Daily Upside at no cost for premium **** ysis on all your favorite stocks.
#tools #sign #upside #like
There's a lot we can't predict, like the outcome of the midterm elections, who will make it to the Super Bowl or whether Taylor Swift was actually hinting at a new album release in that Emmy's sketch. But when it comes to what our retirement looks like, we can certainly try.
Many retirement plans offer predictive tools that can help savers forecast their future balances, retirement readiness, income replacement rates and more. Participants, however, aren't happy with the options: J.D. Power's recent survey of digital experience satisfaction for retirement plans found that predictive tools were the lowest-performing attribute.
"The technology in the 401(k) is seriously behind what people are used to in their consumer life," said Fred Barstein, CEO of The Retirement Advisor University. When the underlying technology structure is old and **** bersome, it's hard for the tools to be as effective as they could be.
Sign up for The Daily Upside at no cost for premium **** ysis on all your favorite stocks.
#tools #sign #upside #like
21 hours ago
Back in 2021, banks treated crypto like radioactive waste. Fast forward to 2026, and financial giant Visa (NYSE: V) isn't just dipping a toe in -- it's basically cannonballing into the deep end of the stablecoin pool.
Here's what Visa has done recently, and why it's huge for anyone holding crypto.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
In July, Visa introduced the Visa Stablecoin Platform (VSP). Think of it as a plug-and-play stablecoin toolkit for traditional banks and fintechs.
Instead of traditional institutions sweating over managing private keys, setting up multi-sig wallets, or figuring out how to mint and burn tokens, Visa handed them a slick "Wallet-as-a-Service." Starting with Open USD, an upcoming token, Visa will also support the popular USDC (CRYPTO: USDC) coin later this year. Banks can now hold, move, and settle stablecoins using the same enterprise-grade security tools they're already comfortable with. It's in beta testing for now, pending the Open USD launch.
#Crypto #stablecoin
Here's what Visa has done recently, and why it's huge for anyone holding crypto.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
In July, Visa introduced the Visa Stablecoin Platform (VSP). Think of it as a plug-and-play stablecoin toolkit for traditional banks and fintechs.
Instead of traditional institutions sweating over managing private keys, setting up multi-sig wallets, or figuring out how to mint and burn tokens, Visa handed them a slick "Wallet-as-a-Service." Starting with Open USD, an upcoming token, Visa will also support the popular USDC (CRYPTO: USDC) coin later this year. Banks can now hold, move, and settle stablecoins using the same enterprise-grade security tools they're already comfortable with. It's in beta testing for now, pending the Open USD launch.
#Crypto #stablecoin
2 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Today, the Federal Reserve increased its target interest rate by 25 basis points — its first rate hike in more than three years.
When the Fed changes interest rates, the impact reaches far beyond Wall Street. Higher rates can help savers earn more on their cash, while lower rates can make mortgages, car loans, and credit cards more affordable. But because every rate move creates both winners and losers, there's no simple answer to whether high or low rates are best.
Understanding why the Fed raises and lowers rates — and how those decisions affect your money — can help you make smarter choices about saving and borrowing.
The Federal Reserve is mandated by Congress to promote stable prices and maximum employment within the U.S. economy. One of the tools it has at its disposal to achieve these goals is the federal funds rate.
#federal #reserve #interest #make
Today, the Federal Reserve increased its target interest rate by 25 basis points — its first rate hike in more than three years.
When the Fed changes interest rates, the impact reaches far beyond Wall Street. Higher rates can help savers earn more on their cash, while lower rates can make mortgages, car loans, and credit cards more affordable. But because every rate move creates both winners and losers, there's no simple answer to whether high or low rates are best.
Understanding why the Fed raises and lowers rates — and how those decisions affect your money — can help you make smarter choices about saving and borrowing.
The Federal Reserve is mandated by Congress to promote stable prices and maximum employment within the U.S. economy. One of the tools it has at its disposal to achieve these goals is the federal funds rate.
#federal #reserve #interest #make
2 days ago
Fox Corporation (NASDAQ:FOXA) disclosed on September 9 that the U.S. Department of Justice issued a second request for information concerning the proposed acquisition of Roku, Inc. (NASDAQ:ROKU). Cooperation with the review continues, and the expected closing remains in the first half of 2027, according to The Wall Street Journal.
A second request extends the premerger waiting period while regulators seek additional documents and data. For investors, the question is whether Fox Corporation (NASDAQ:FOXA) can preserve the acquisition's streaming benefits through a potentially longer review and any conditions attached to clearance.
The strategic fit centers on combining content with distribution. Roku, Inc. (NASDAQ:ROKU) reaches more than 100 million households globally and would provide Fox Corporation (NASDAQ:FOXA) with an established connected-television platform, advertising technology and direct consumer relationships.
That reach could create additional opportunities to promote live news, sports and streaming services. For advertisers, a broader combination of content, audience data and campaign tools could make the combined offering more useful, provided integration improves targeting and measurement.
The commercial opportunity also extends beyond audience growth. Better advertising monetization and more efficient promotion of streaming services could improve the value generated from existing viewers. Household reach provides the starting point; advertising revenue, engagement and customer acquisition costs would determine the financial payoff.
#advertising #second #request #review
A second request extends the premerger waiting period while regulators seek additional documents and data. For investors, the question is whether Fox Corporation (NASDAQ:FOXA) can preserve the acquisition's streaming benefits through a potentially longer review and any conditions attached to clearance.
The strategic fit centers on combining content with distribution. Roku, Inc. (NASDAQ:ROKU) reaches more than 100 million households globally and would provide Fox Corporation (NASDAQ:FOXA) with an established connected-television platform, advertising technology and direct consumer relationships.
That reach could create additional opportunities to promote live news, sports and streaming services. For advertisers, a broader combination of content, audience data and campaign tools could make the combined offering more useful, provided integration improves targeting and measurement.
The commercial opportunity also extends beyond audience growth. Better advertising monetization and more efficient promotion of streaming services could improve the value generated from existing viewers. Household reach provides the starting point; advertising revenue, engagement and customer acquisition costs would determine the financial payoff.
#advertising #second #request #review
2 days ago
While the average personal loan interest rate is 12.44%, borrowers with excellent credit may have access to rates as low as 5.96%.
Credit unions tend to offer the lowest overall borrowing costs, with a national average of 10.64% and a legal rate cap of 18% at federal institutions.
Online fintech lenders advertise competitive rates starting just below 6%, though maximum rates can climb up to 36% or higher.
Commercial banks remain competitive, with an average rate of 12%, but they demand a high credit score and solid work history for approval.
Tracking average personal loan rates can help you benchmark your borrowing costs for major goals like consolidating credit cards, financing home renovations or covering emergencies. Because personal loans offer fixed monthly payments, they are a solid tool for eliminating credit card debt, provided your credit profile qualifies you for the lowest market pricing.
#average #rates #lowest #borrowing
Credit unions tend to offer the lowest overall borrowing costs, with a national average of 10.64% and a legal rate cap of 18% at federal institutions.
Online fintech lenders advertise competitive rates starting just below 6%, though maximum rates can climb up to 36% or higher.
Commercial banks remain competitive, with an average rate of 12%, but they demand a high credit score and solid work history for approval.
Tracking average personal loan rates can help you benchmark your borrowing costs for major goals like consolidating credit cards, financing home renovations or covering emergencies. Because personal loans offer fixed monthly payments, they are a solid tool for eliminating credit card debt, provided your credit profile qualifies you for the lowest market pricing.
#average #rates #lowest #borrowing
2 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Today, the Federal Reserve increased its target interest rate by 25 basis points — its first rate hike in more than three years.
When the Fed changes interest rates, the impact reaches far beyond Wall Street. Higher rates can help savers earn more on their cash, while lower rates can make mortgages, car loans, and credit cards more affordable. But because every rate move creates both winners and losers, there's no simple answer to whether high or low rates are best.
Understanding why the Fed raises and lowers rates — and how those decisions affect your money — can help you make smarter choices about saving and borrowing.
The Federal Reserve is mandated by Congress to promote stable prices and maximum employment within the U.S. economy. One of the tools it has at its disposal to achieve these goals is the federal funds rate.
#federal #interest #disclosure
Today, the Federal Reserve increased its target interest rate by 25 basis points — its first rate hike in more than three years.
When the Fed changes interest rates, the impact reaches far beyond Wall Street. Higher rates can help savers earn more on their cash, while lower rates can make mortgages, car loans, and credit cards more affordable. But because every rate move creates both winners and losers, there's no simple answer to whether high or low rates are best.
Understanding why the Fed raises and lowers rates — and how those decisions affect your money — can help you make smarter choices about saving and borrowing.
The Federal Reserve is mandated by Congress to promote stable prices and maximum employment within the U.S. economy. One of the tools it has at its disposal to achieve these goals is the federal funds rate.
#federal #interest #disclosure
2 days ago
This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter.
Business executives consider artificial intelligence a leading tool for decision-making, with 61% citing large language models such as ChatGPT, Claude, Gemini and Copilot among the sources that most influence their strategic decisions, AI enterprise planning platform Board said in a report released Wednesday.
The finding was most ***** ounced among CFOs, with 69% citing LLMs among the resources that inform their decisions, compared with 58% of chief operating officers and 56% of chief information officers.
"CFOs, by nature, are typically a little bit more conservative and skeptical, so I think what this shows is that the AI wave is so strong that it can't be ignored," Board CFO Gordon Pothier said in an interview.
The findings come just a few years after ChatGPT burst onto the market, highlighting how quickly advanced AI tools have reshaped the way businesses operate and make decisions.
#decisions #daily #officers #business
Business executives consider artificial intelligence a leading tool for decision-making, with 61% citing large language models such as ChatGPT, Claude, Gemini and Copilot among the sources that most influence their strategic decisions, AI enterprise planning platform Board said in a report released Wednesday.
The finding was most ***** ounced among CFOs, with 69% citing LLMs among the resources that inform their decisions, compared with 58% of chief operating officers and 56% of chief information officers.
"CFOs, by nature, are typically a little bit more conservative and skeptical, so I think what this shows is that the AI wave is so strong that it can't be ignored," Board CFO Gordon Pothier said in an interview.
The findings come just a few years after ChatGPT burst onto the market, highlighting how quickly advanced AI tools have reshaped the way businesses operate and make decisions.
#decisions #daily #officers #business
2 days ago
Walmart and SCAN Health Plan announced a partnership on Wednesday to offer co-branded Medicare Advantage plans in two states, targeting a pool of more than two million Medicare enrollees.
The plans, pending regulatory approval, may include pharmacy, vision, food, and over-the-counter benefits, the companies said. Open enrollment for Medicare Advantage begins Oct. 15, according to MarketWatch.
A central feature of the partnership is Walmart's Everyday Health Signals platform, an AI tool designed to provide personalized nutrition and wellness guidance based on members' shopping preferences and self-reported wellness goals. The companies said they plan to make that capability available to participating plan members as part of broader coaching and wellness support.
"By combining Walmart's technology capabilities and consumer retail expertise with SCAN's Medicare product experience, we have an opportunity to develop products that translate those insights into meaningful support that helps members make more informed choices about their health and well-being," said Zack Myers, national general manager of SCAN Health Plan, in a statement.
Walmart Group Director for Consumer Health and Data Solutions Pravene Nath said the collaboration is distinct because of Walmart's role in customers' everyday lives. "Because customers regularly turn to Walmart for groceries and other everyday essentials, we have an opportunity for those who choose to participate, to use insights from their shopping experiences to make nutrition guidance more relevant and actionable," Nath said in a statement.
#Wellness #members #scan #advantage
The plans, pending regulatory approval, may include pharmacy, vision, food, and over-the-counter benefits, the companies said. Open enrollment for Medicare Advantage begins Oct. 15, according to MarketWatch.
A central feature of the partnership is Walmart's Everyday Health Signals platform, an AI tool designed to provide personalized nutrition and wellness guidance based on members' shopping preferences and self-reported wellness goals. The companies said they plan to make that capability available to participating plan members as part of broader coaching and wellness support.
"By combining Walmart's technology capabilities and consumer retail expertise with SCAN's Medicare product experience, we have an opportunity to develop products that translate those insights into meaningful support that helps members make more informed choices about their health and well-being," said Zack Myers, national general manager of SCAN Health Plan, in a statement.
Walmart Group Director for Consumer Health and Data Solutions Pravene Nath said the collaboration is distinct because of Walmart's role in customers' everyday lives. "Because customers regularly turn to Walmart for groceries and other everyday essentials, we have an opportunity for those who choose to participate, to use insights from their shopping experiences to make nutrition guidance more relevant and actionable," Nath said in a statement.
#Wellness #members #scan #advantage
2 days ago
US stock index futures pointed to a higher opening on Wednesday as crude oil prices declined and investors awaited the Federal Reserve's interest rate decision later in the day.
The indicated rebound followed two consecutive sessions of losses that pushed the S&P 500 to its lowest closing level in more than a month.
US crude oil futures fell nearly 2% after gaining almost 6% over the previous two days. The decline followed an American Petroleum Institute report showing an unexpected increase of 7.1 million barrels in US crude oil inventories last week.
Trading activity could remain limited ahead of the Federal Reserve's monetary policy announcement.
According to CME Group's FedWatch Tool, market pricing indicated a 92.7% probability of a 25-basis-point interest rate increase. The figure reflects market-implied expectations rather than a confirmed policy decision.
#increase
The indicated rebound followed two consecutive sessions of losses that pushed the S&P 500 to its lowest closing level in more than a month.
US crude oil futures fell nearly 2% after gaining almost 6% over the previous two days. The decline followed an American Petroleum Institute report showing an unexpected increase of 7.1 million barrels in US crude oil inventories last week.
Trading activity could remain limited ahead of the Federal Reserve's monetary policy announcement.
According to CME Group's FedWatch Tool, market pricing indicated a 92.7% probability of a 25-basis-point interest rate increase. The figure reflects market-implied expectations rather than a confirmed policy decision.
#increase
2 days ago
Financial infrastructure provider Fin.com has "emerged from stealth" with $20m in seed funding.
In a statement, the New York-based firm said the round was led by venture firm Expa and Uber co-founder Garrett Camp.
Coinbase Ventures, Tenet Fund, Second Sight Ventures, and various sovereign and family offices across the Gulf and Africa, among others, also participated.
Fin.com, co-founded by Nabeel Alamgir and Mustafa Dar, operates a "single orchestration layer" to allow clients to receive, convert, and move money across borders using local payment rails.
The platform also integrates SWIFT messaging, USD virtual accounts, stablecoin settlement, liquidity management, and compliance tools into a single network, the company added.
#expa #camp
In a statement, the New York-based firm said the round was led by venture firm Expa and Uber co-founder Garrett Camp.
Coinbase Ventures, Tenet Fund, Second Sight Ventures, and various sovereign and family offices across the Gulf and Africa, among others, also participated.
Fin.com, co-founded by Nabeel Alamgir and Mustafa Dar, operates a "single orchestration layer" to allow clients to receive, convert, and move money across borders using local payment rails.
The platform also integrates SWIFT messaging, USD virtual accounts, stablecoin settlement, liquidity management, and compliance tools into a single network, the company added.
#expa #camp
2 days ago
Software stocks, once left in the dust, have bounced back in recent months as high-flying chip stocks take a back seat.
"One of the things that was greatly overstated earlier this year was the death of software," Brian Mulberry, Zacks Investment Management chief market strategist, told Yahoo Finance on Tuesday.
"In order to engage with these AI tools … you need software to customize those tools for your business, " he said.
The iShares Expanded Tech-Software Sector ETF (IGV) is up 15% over the past three months and more than 40% higher from its April lows. Among individual movers, Microsoft (MSFT) and Palantir (PLTR) are both up 30%, while Salesforce (CRM) has risen more than 50% since mid-June.
In comparison, the iShares Semiconductor ETF (SOXX) is down 17% over the three-month period, according to Yahoo Finance's AlphaSpace chart.
#brian
"One of the things that was greatly overstated earlier this year was the death of software," Brian Mulberry, Zacks Investment Management chief market strategist, told Yahoo Finance on Tuesday.
"In order to engage with these AI tools … you need software to customize those tools for your business, " he said.
The iShares Expanded Tech-Software Sector ETF (IGV) is up 15% over the past three months and more than 40% higher from its April lows. Among individual movers, Microsoft (MSFT) and Palantir (PLTR) are both up 30%, while Salesforce (CRM) has risen more than 50% since mid-June.
In comparison, the iShares Semiconductor ETF (SOXX) is down 17% over the three-month period, according to Yahoo Finance's AlphaSpace chart.
#brian
3 days ago
eBay Inc. (EBAY), headquartered in San Jose, California, operates marketplace platforms that connect buyers and sellers. With a market cap of $48.5 billion, the company's marketplace platform includes its online marketplace at ebay.com, off-platform businesses, and the eBay suite of mobile apps, focused on buying and selling electronics, cars, clothes, and collectibles.
Companies worth $10 billion or more are generally described as "large-cap stocks," and EBAY perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the internet retail industry. EBAY maintains a strong competitive advantage through its global two-sided network effect and **** et-light marketplace model, which generates robust cash flow without inventory risk. It dominates specialized, non-standardized categories where tailored trust tools create high entry barriers for competitors.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#eBay #marketplace #california #goldman
Companies worth $10 billion or more are generally described as "large-cap stocks," and EBAY perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the internet retail industry. EBAY maintains a strong competitive advantage through its global two-sided network effect and **** et-light marketplace model, which generates robust cash flow without inventory risk. It dominates specialized, non-standardized categories where tailored trust tools create high entry barriers for competitors.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#eBay #marketplace #california #goldman
3 days ago
The 10-year U.S. Treasury yield ($TNX) surged to 5.041% earlier today, marking its highest level since July 2007 and representing an 86-basis-point climb since the start of 2026. This 19-year high in benchmark borrowing costs has arrived at a critical juncture, with the Federal Reserve commencing its two-day policy meeting Tuesday and a rate decision expected Wednesday afternoon.
Markets are pricing in a 92.7% probability of a 25-basis-point hike, per CME's FedWatch Tool, which would lift the federal funds target range to 3.75%-4.00%. That overwhelming consensus in favor of a rate hike is a dramatic shift from roughly 59% just one week ago.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Middle East Supply Constraints Lift Crude Oil Prices
Crude Prices Soar as Global Oil Supplies Continue to Tighten
#prices #year #point #rate
Markets are pricing in a 92.7% probability of a 25-basis-point hike, per CME's FedWatch Tool, which would lift the federal funds target range to 3.75%-4.00%. That overwhelming consensus in favor of a rate hike is a dramatic shift from roughly 59% just one week ago.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Middle East Supply Constraints Lift Crude Oil Prices
Crude Prices Soar as Global Oil Supplies Continue to Tighten
#prices #year #point #rate
3 days ago
With Agentic AI accelerating CPU server chip demand, Wall Street believes Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the primary beneficiaries taking share. On September 9, Piper Sandler ******* yst David O'Connor initiated coverage on AMD (NASDAQ: AMD) with an Overweight rating and a $600 price target.
Analyst O'Connor estimates revenue for FY26-30 to grow at a 50% CAGR, while earnings per share compound at 65%.
The server-CPU share gain story for AMD is simple, Agentic AI is expected to increase demand for server CPUs. This is because the workloads require continuous control-plane activity, API calls, database queries and tool execution. AMD will benefit from this use based on its high-frequency and general-purpose processors with its Venice portfolio.
Even AMD executives have highlighted that AMD is now transitioning from merely a semiconductor supplier to a provider of rack-scale systems and software. It is also positioning its server CPU portfolio for increased demand from agentic AI workloads.
The company reported second-quarter revenue of $11.5 billion, beating ******* yst estimates. This includes $6.7 billion from data centers, up 107% year-over-year. The segment performance was attributed to EPYC processors and Instinct GPUs.
#workloads
Analyst O'Connor estimates revenue for FY26-30 to grow at a 50% CAGR, while earnings per share compound at 65%.
The server-CPU share gain story for AMD is simple, Agentic AI is expected to increase demand for server CPUs. This is because the workloads require continuous control-plane activity, API calls, database queries and tool execution. AMD will benefit from this use based on its high-frequency and general-purpose processors with its Venice portfolio.
Even AMD executives have highlighted that AMD is now transitioning from merely a semiconductor supplier to a provider of rack-scale systems and software. It is also positioning its server CPU portfolio for increased demand from agentic AI workloads.
The company reported second-quarter revenue of $11.5 billion, beating ******* yst estimates. This includes $6.7 billion from data centers, up 107% year-over-year. The segment performance was attributed to EPYC processors and Instinct GPUs.
#workloads
3 days ago
The vote ends a nearly two-year pause in Ukraine **** istance from Congress.
Advocates of the bill, including Ukrainian President Volodymyr Zelenskyy, have argued it would give the White House necessary tools to squeeze Russia economically, curbing the flow of funds to Moscow’s war machine. | Rod Lamkey, Jr./AP
09/17/2026 07:54 AM GMT+9
The House passed the sweeping Russia sanctions bill long championed by the late Sen. Lindsey Graham on Wednesday, sending the legislation to the White House for President Donald Trump’s signature after more than a year of congressional maneuvering.
#white #ukrainian
Advocates of the bill, including Ukrainian President Volodymyr Zelenskyy, have argued it would give the White House necessary tools to squeeze Russia economically, curbing the flow of funds to Moscow’s war machine. | Rod Lamkey, Jr./AP
09/17/2026 07:54 AM GMT+9
The House passed the sweeping Russia sanctions bill long championed by the late Sen. Lindsey Graham on Wednesday, sending the legislation to the White House for President Donald Trump’s signature after more than a year of congressional maneuvering.
#white #ukrainian
3 days ago
ASML Holding N.V. (NASDAQ:ASML) is examining ways to produce more than 110 EUV lithography systems in 2028, according to JPMorgan ***** ysts following a meeting with CFO Roger Dassen. The company is already nearly sold out for 2027 and expects to produce at least 80 EUV systems that year, meaning output above 110 in 2028 would represent at least a 37.5% increase from the 2027 level. JPMorgan said the main constraint has shifted toward ***** embly speed rather than the availability of critical components, suggesting ASML believes additional capacity can be unlocked through manufacturing and ***** embly improvements.
The potential increase is being driven primarily by AI-related demand. ASML's existing EUV machines, which cost roughly $200 million each, are essential for manufacturing leading-edge AI processors, while customers including TSMC, Samsung, SK Hynix and Intel are expanding advanced-chip capacity. Reuters reported separately that virtually all of ASML's EUV production capacity is booked through 2027, while the company has begun construction of a new Eindhoven facility designed to accelerate tool ***** embly and eventually accommodate up to 20,000 workers.
The strongest bullish implication is that ASML Holding N.V. (NASDAQ:ASML) may be able to convert exceptionally strong demand into higher unit volumes rather than simply relying on price increases. Moving from at least 80 EUV systems in 2027 to more than 110 in 2028 would materially expand the number of high-value systems ASML can monetize. This comes after the company already raised its 2026 revenue outlook to €43 billion–€45 billion, compared with its previous €36 billion–€40 billion range, while targeting a 54%–56% gross margin. Reuters also reported that second-quarter revenue reached €9.3 billion with a 54% gross margin, demonstrating that stronger AI-driven demand is already translating into financial performance.
The longer-term competitive position is particularly favorable because ASML Holding N.V. (NASDAQ:ASML) effectively has no commercial competitor in EUV. JPMorgan estimates that ASML held 94% of the overall lithography market in 2025, while Reuters describes the company as having maintained a monopoly in EUV since the late 2010s. At the same time, customers are committing to ASML's next-generation High-NA technology: the machines cost approximately $400 million, can print features about 40% smaller than existing EUV systems, and TSMC, Samsung, and SK Hynix have all established plans for production adoption. If AI chip demand remains strong enough to support both higher low-NA volumes and eventual High-NA adoption, ASML could see a multi-year increase in system shipments, revenue, and potentially cash generation while strengthening its already exceptional competitive moat.
#company
The potential increase is being driven primarily by AI-related demand. ASML's existing EUV machines, which cost roughly $200 million each, are essential for manufacturing leading-edge AI processors, while customers including TSMC, Samsung, SK Hynix and Intel are expanding advanced-chip capacity. Reuters reported separately that virtually all of ASML's EUV production capacity is booked through 2027, while the company has begun construction of a new Eindhoven facility designed to accelerate tool ***** embly and eventually accommodate up to 20,000 workers.
The strongest bullish implication is that ASML Holding N.V. (NASDAQ:ASML) may be able to convert exceptionally strong demand into higher unit volumes rather than simply relying on price increases. Moving from at least 80 EUV systems in 2027 to more than 110 in 2028 would materially expand the number of high-value systems ASML can monetize. This comes after the company already raised its 2026 revenue outlook to €43 billion–€45 billion, compared with its previous €36 billion–€40 billion range, while targeting a 54%–56% gross margin. Reuters also reported that second-quarter revenue reached €9.3 billion with a 54% gross margin, demonstrating that stronger AI-driven demand is already translating into financial performance.
The longer-term competitive position is particularly favorable because ASML Holding N.V. (NASDAQ:ASML) effectively has no commercial competitor in EUV. JPMorgan estimates that ASML held 94% of the overall lithography market in 2025, while Reuters describes the company as having maintained a monopoly in EUV since the late 2010s. At the same time, customers are committing to ASML's next-generation High-NA technology: the machines cost approximately $400 million, can print features about 40% smaller than existing EUV systems, and TSMC, Samsung, and SK Hynix have all established plans for production adoption. If AI chip demand remains strong enough to support both higher low-NA volumes and eventual High-NA adoption, ASML could see a multi-year increase in system shipments, revenue, and potentially cash generation while strengthening its already exceptional competitive moat.
#company
3 days ago
eBay Inc. (EBAY), headquartered in San Jose, California, operates marketplace platforms that connect buyers and sellers. With a market cap of $48.5 billion, the company's marketplace platform includes its online marketplace at ebay.com, off-platform businesses, and the eBay suite of mobile apps, focused on buying and selling electronics, cars, clothes, and collectibles.
Companies worth $10 billion or more are generally described as "large-cap stocks," and EBAY perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the internet retail industry. EBAY maintains a strong competitive advantage through its global two-sided network effect and **** et-light marketplace model, which generates robust cash flow without inventory risk. It dominates specialized, non-standardized categories where tailored trust tools create high entry barriers for competitors.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#marketplace #Stock #billion #goldman
Companies worth $10 billion or more are generally described as "large-cap stocks," and EBAY perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the internet retail industry. EBAY maintains a strong competitive advantage through its global two-sided network effect and **** et-light marketplace model, which generates robust cash flow without inventory risk. It dominates specialized, non-standardized categories where tailored trust tools create high entry barriers for competitors.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#marketplace #Stock #billion #goldman
3 days ago
OpenAI acquired Glass Imaging, a startup developing AI-powered smartphone camera technology, in a deal valued at over $300 million, according to The Wall Street Journal. The purchase price represents a significant jump from the roughly $100 million valuation Glass Imaging carried in a funding round last year.
Glass Imaging was founded in 2019 by Ziv Attar and Tom Bishop, two former Apple engineers who worked on the company's Portrait Mode feature. The Los Altos, California-based company had raised about $30 million from investors including GV, Alphabet's venture arm, and Insight Partners before the acquisition.
Glass Imaging's approach differs from conventional AI photo editing: instead of processing images after the fact, the company teaches neural networks the specific optical properties of each camera system so that picture quality is improved as the shot is taken, according to The Wall Street Journal. The company's goal is to produce image quality comparable to a DSLR camera from a smartphone. Its zoom-imaging technology was featured in a line of phones from Chinese smartphone brand Honor.
OpenAI's plans for Glass Imaging are unclear. The company is also developing a device with Jony Ive, the former Apple designer behind the iPhone. OpenAI brought on Ive in 2025 through its $6.5 billion purchase of io Products, and his responsibilities span hardware development alongside broader efforts to define how AI products will look and function.
A spokesperson for OpenAI had not provided a statement by the time of publication, according to TechCrunch. The company has made several other acquisitions recently, including an internet talk show called TBPN and an open-source developer tools startup, according to The Wall Street Journal. OpenAI is also preparing for an initial public offering expected next year.
#according #journal
Glass Imaging was founded in 2019 by Ziv Attar and Tom Bishop, two former Apple engineers who worked on the company's Portrait Mode feature. The Los Altos, California-based company had raised about $30 million from investors including GV, Alphabet's venture arm, and Insight Partners before the acquisition.
Glass Imaging's approach differs from conventional AI photo editing: instead of processing images after the fact, the company teaches neural networks the specific optical properties of each camera system so that picture quality is improved as the shot is taken, according to The Wall Street Journal. The company's goal is to produce image quality comparable to a DSLR camera from a smartphone. Its zoom-imaging technology was featured in a line of phones from Chinese smartphone brand Honor.
OpenAI's plans for Glass Imaging are unclear. The company is also developing a device with Jony Ive, the former Apple designer behind the iPhone. OpenAI brought on Ive in 2025 through its $6.5 billion purchase of io Products, and his responsibilities span hardware development alongside broader efforts to define how AI products will look and function.
A spokesperson for OpenAI had not provided a statement by the time of publication, according to TechCrunch. The company has made several other acquisitions recently, including an internet talk show called TBPN and an open-source developer tools startup, according to The Wall Street Journal. OpenAI is also preparing for an initial public offering expected next year.
#according #journal
3 days ago
The 10-year U.S. Treasury yield ($TNX) surged to 5.041% earlier today, marking its highest level since July 2007 and representing an 86-basis-point climb since the start of 2026. This 19-year high in benchmark borrowing costs has arrived at a critical juncture, with the Federal Reserve commencing its two-day policy meeting Tuesday and a rate decision expected Wednesday afternoon.
Markets are pricing in a 92.7% probability of a 25-basis-point hike, per CME's FedWatch Tool, which would lift the federal funds target range to 3.75%-4.00%. That overwhelming consensus in favor of a rate hike is a dramatic shift from roughly 59% just one week ago.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Middle East Supply Constraints Lift Crude Oil Prices
Crude Prices Soar as Global Oil Supplies Continue to Tighten
#since #rate
Markets are pricing in a 92.7% probability of a 25-basis-point hike, per CME's FedWatch Tool, which would lift the federal funds target range to 3.75%-4.00%. That overwhelming consensus in favor of a rate hike is a dramatic shift from roughly 59% just one week ago.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Middle East Supply Constraints Lift Crude Oil Prices
Crude Prices Soar as Global Oil Supplies Continue to Tighten
#since #rate
4 days ago
The Federal Reserve's September policy meeting kicked off Tuesday morning, and markets overwhelmingly expect the Fed to raise interest rates by 25 basis points on Wednesday amid persistently high inflation.
Such a move would mark the Fed's first increase in the fed funds rate since 2023, when the Jerome Powell-led central bank concluded its post-pandemic hiking campaign. However, inflation has now remained above the Fed's 2% target for more than five years, with the war in the Middle East serving as the latest driver of higher prices.
As Fed Chairman Kevin Warsh said in his Jackson Hole Symposium speech in August, "We have work to do."
Still, a hold isn't entirely off the table — even as traders price in a 92% chance of a Fed rate hike, according to CME Group's FedWatch tool. Federal Reserve Chairman Kevin Warsh has been adamant about not providing markets with forward guidance on interest rate decisions, preferring that officials have a "good family fight" over the data at FOMC meetings.
In addition to the intrigue over whether the Fed will hike rates, markets will closely scrutinize the Fed's Summary of Economic Projections, the so-called dot plot, for clues about monetary policy in the next few years.
#federal
Such a move would mark the Fed's first increase in the fed funds rate since 2023, when the Jerome Powell-led central bank concluded its post-pandemic hiking campaign. However, inflation has now remained above the Fed's 2% target for more than five years, with the war in the Middle East serving as the latest driver of higher prices.
As Fed Chairman Kevin Warsh said in his Jackson Hole Symposium speech in August, "We have work to do."
Still, a hold isn't entirely off the table — even as traders price in a 92% chance of a Fed rate hike, according to CME Group's FedWatch tool. Federal Reserve Chairman Kevin Warsh has been adamant about not providing markets with forward guidance on interest rate decisions, preferring that officials have a "good family fight" over the data at FOMC meetings.
In addition to the intrigue over whether the Fed will hike rates, markets will closely scrutinize the Fed's Summary of Economic Projections, the so-called dot plot, for clues about monetary policy in the next few years.
#federal
4 days ago
The Trump administration has cut or frozen up to $177 billion in federal grants since the president took office for his second term, according to a tracking tool released Wednesday by a pro-democracy nonprofit and a group of researchers and scientists.
The cuts affected all 50 states and the District of Columbia, with health, nutrition, the environment and disaster relief making up the largest share of cuts, the States United Democracy Center and Grant Witness organization found.
Among the grants that were eliminated, frozen or delayed were ones related to maternal health in Michigan, education research in Mississippi and ***** istance to minority farmers in Iowa, the researchers found. California, Texas, New York, Illinois and North Carolina saw the highest amounts of interrupted grant money. The tracking tool is called Lost Funds.
"By bringing thousands of funding disruptions from the Trump administration together in a publicly accessible, verified database, Lost Funds puts the magnitude of their impact on full display," Scott Delaney, co-founder of Grant Witness, said in a statement.
The $177 billion finding represents nearly 10% of federal discretionary spending, the groups said.
#administration
The cuts affected all 50 states and the District of Columbia, with health, nutrition, the environment and disaster relief making up the largest share of cuts, the States United Democracy Center and Grant Witness organization found.
Among the grants that were eliminated, frozen or delayed were ones related to maternal health in Michigan, education research in Mississippi and ***** istance to minority farmers in Iowa, the researchers found. California, Texas, New York, Illinois and North Carolina saw the highest amounts of interrupted grant money. The tracking tool is called Lost Funds.
"By bringing thousands of funding disruptions from the Trump administration together in a publicly accessible, verified database, Lost Funds puts the magnitude of their impact on full display," Scott Delaney, co-founder of Grant Witness, said in a statement.
The $177 billion finding represents nearly 10% of federal discretionary spending, the groups said.
#administration
4 days ago
Walmart and SCAN Health Plan announced a partnership on Wednesday to offer co-branded Medicare Advantage plans in two states, targeting a pool of more than two million Medicare enrollees.
The plans, pending regulatory approval, may include pharmacy, vision, food, and over-the-counter benefits, the companies said. Open enrollment for Medicare Advantage begins Oct. 15, according to MarketWatch.
A central feature of the partnership is Walmart's Everyday Health Signals platform, an AI tool designed to provide personalized nutrition and wellness guidance based on members' shopping preferences and self-reported wellness goals. The companies said they plan to make that capability available to participating plan members as part of broader coaching and wellness support.
"By combining Walmart's technology capabilities and consumer retail expertise with SCAN's Medicare product experience, we have an opportunity to develop products that translate those insights into meaningful support that helps members make more informed choices about their health and well-being," said Zack Myers, national general manager of SCAN Health Plan, in a statement.
Walmart Group Director for Consumer Health and Data Solutions Pravene Nath said the collaboration is distinct because of Walmart's role in customers' everyday lives. "Because customers regularly turn to Walmart for groceries and other everyday essentials, we have an opportunity for those who choose to participate, to use insights from their shopping experiences to make nutrition guidance more relevant and actionable," Nath said in a statement.
#plan #Wellness #members #advantage
The plans, pending regulatory approval, may include pharmacy, vision, food, and over-the-counter benefits, the companies said. Open enrollment for Medicare Advantage begins Oct. 15, according to MarketWatch.
A central feature of the partnership is Walmart's Everyday Health Signals platform, an AI tool designed to provide personalized nutrition and wellness guidance based on members' shopping preferences and self-reported wellness goals. The companies said they plan to make that capability available to participating plan members as part of broader coaching and wellness support.
"By combining Walmart's technology capabilities and consumer retail expertise with SCAN's Medicare product experience, we have an opportunity to develop products that translate those insights into meaningful support that helps members make more informed choices about their health and well-being," said Zack Myers, national general manager of SCAN Health Plan, in a statement.
Walmart Group Director for Consumer Health and Data Solutions Pravene Nath said the collaboration is distinct because of Walmart's role in customers' everyday lives. "Because customers regularly turn to Walmart for groceries and other everyday essentials, we have an opportunity for those who choose to participate, to use insights from their shopping experiences to make nutrition guidance more relevant and actionable," Nath said in a statement.
#plan #Wellness #members #advantage
4 days ago
The Federal Reserve is expected to raise its benchmark interest rate by a quarter percentage point at its meeting Wednesday, which would mark the first increase since July 2023, according to CNBC. CME Group's FedWatch tool showed traders placing odds above 90% on a hike, an outcome that would set the federal funds rate target range at 3.75%–4%.
That would follow a period in which the FOMC reduced rates on six separate occasions totaling 175 basis points from July 2023 through early 2026, according to CNBC. Since then, a string of discouraging inflation readings, a firm labor market, and crude oil prices rising back above $100 a barrel — driven by the conflict involving Iran — have shifted the calculus toward tightening.
Fed Chair Kevin Warsh's remarks at the Fed's annual Jackson Hole symposium helped accelerate that shift, according to CNBC. As recently as a month ago, futures markets put the probability of a hike at only 36%.
The path to Wednesday's expected decision reflects a committee that had been moving in a hawkish direction for months. At the June meeting — Fed Chair Kevin Warsh's first — the committee voted 12–0 to hold rates steady, but the Fed released projections showing nine of 18 officials favored at least one rate hike before year-end. Consumer prices had risen 4.2% year-over-year in May, a three-year high. Warsh said at the time that the Fed's commitment to bringing down inflation was "strong, unanimous, and unambiguous."
Minutes from the July meeting, when the committee held rates steady on a fractured 9–3 vote, showed hawkish sentiment extended beyond the three dissenting regional bank presidents who had pushed for an immediate increase. The minutes indicated that "some policy firming would likely be warranted" if inflation remained persistent, driven by factors including AI-fueled demand, Middle East energy disruptions, or tariff pass-through.
#cnbc #hike #rates #inflation
That would follow a period in which the FOMC reduced rates on six separate occasions totaling 175 basis points from July 2023 through early 2026, according to CNBC. Since then, a string of discouraging inflation readings, a firm labor market, and crude oil prices rising back above $100 a barrel — driven by the conflict involving Iran — have shifted the calculus toward tightening.
Fed Chair Kevin Warsh's remarks at the Fed's annual Jackson Hole symposium helped accelerate that shift, according to CNBC. As recently as a month ago, futures markets put the probability of a hike at only 36%.
The path to Wednesday's expected decision reflects a committee that had been moving in a hawkish direction for months. At the June meeting — Fed Chair Kevin Warsh's first — the committee voted 12–0 to hold rates steady, but the Fed released projections showing nine of 18 officials favored at least one rate hike before year-end. Consumer prices had risen 4.2% year-over-year in May, a three-year high. Warsh said at the time that the Fed's commitment to bringing down inflation was "strong, unanimous, and unambiguous."
Minutes from the July meeting, when the committee held rates steady on a fractured 9–3 vote, showed hawkish sentiment extended beyond the three dissenting regional bank presidents who had pushed for an immediate increase. The minutes indicated that "some policy firming would likely be warranted" if inflation remained persistent, driven by factors including AI-fueled demand, Middle East energy disruptions, or tariff pass-through.
#cnbc #hike #rates #inflation
4 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Silver (SI=F) December futures opened at $64.18 per ounce on Wednesday, September 16, 2026, up 0.5% from Tuesday's closing price. Silver prices rose this morning, reaching $65.08 as of 6:42 a.m. ET.
This morning, silver prices have lifted out of the $63 to $64 range they maintained all week ahead of one of the most anticipated Fed meetings in some time. Market observers are anticipating the first Fed rate increase in three years.
According to the CME Group's FedWatch tool, there is still a 92.5% chance the Fed will raise the target range for the fed funds rate by 25 basis points, the same as yesterday. On Monday, the chances were pegged at 86.5%. On Friday, the percentage was 69.4%.
Higher interest rates are a headwind for precious metals and crypto prices since these investments do not pay interest.
#morning #rate #disclosure
Silver (SI=F) December futures opened at $64.18 per ounce on Wednesday, September 16, 2026, up 0.5% from Tuesday's closing price. Silver prices rose this morning, reaching $65.08 as of 6:42 a.m. ET.
This morning, silver prices have lifted out of the $63 to $64 range they maintained all week ahead of one of the most anticipated Fed meetings in some time. Market observers are anticipating the first Fed rate increase in three years.
According to the CME Group's FedWatch tool, there is still a 92.5% chance the Fed will raise the target range for the fed funds rate by 25 basis points, the same as yesterday. On Monday, the chances were pegged at 86.5%. On Friday, the percentage was 69.4%.
Higher interest rates are a headwind for precious metals and crypto prices since these investments do not pay interest.
#morning #rate #disclosure
4 days ago
Financial infrastructure provider Fin.com has "emerged from stealth" with $20m in seed funding.
In a statement, the New York-based firm said the round was led by venture firm Expa and Uber co-founder Garrett Camp.
Coinbase Ventures, Tenet Fund, Second Sight Ventures, and various sovereign and family offices across the Gulf and Africa, among others, also participated.
Fin.com, co-founded by Nabeel Alamgir and Mustafa Dar, operates a "single orchestration layer" to allow clients to receive, convert, and move money across borders using local payment rails.
The platform also integrates SWIFT messaging, USD virtual accounts, stablecoin settlement, liquidity management, and compliance tools into a single network, the company added.
#expa
In a statement, the New York-based firm said the round was led by venture firm Expa and Uber co-founder Garrett Camp.
Coinbase Ventures, Tenet Fund, Second Sight Ventures, and various sovereign and family offices across the Gulf and Africa, among others, also participated.
Fin.com, co-founded by Nabeel Alamgir and Mustafa Dar, operates a "single orchestration layer" to allow clients to receive, convert, and move money across borders using local payment rails.
The platform also integrates SWIFT messaging, USD virtual accounts, stablecoin settlement, liquidity management, and compliance tools into a single network, the company added.
#expa
