November 8, 2024

FOMC Lowers Rates by 25 Points, Won’t “Speculate” or “Assume” on Trump Policies

The FOMC lowered the federal funds rate by 25 basis points on Thursday, as expected. The S&P 500 was up about 1% on the day.

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November 8, 2024

Gary Gensler “lacks long-term vision” on crypto, former SEC chief says

SEC crypto

Donald Trump’s reelection as President could also see the longstanding SEC chair’s position threatened Former SEC director William McLucas leveled scathing criticism at Gary Gensler’s aggressive approach to cryptocurrencies at a securities enforcement conference on Wednesday “The enforcement cases that have been brought are what they are, but they keep… Continue reading Gary Gensler “lacks long-term vision” on crypto, former SEC chief says

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November 8, 2024

Political Ads Fuel Nexstar Stock to Record Revenue in Q3

Nexstar stock was rising Thursday after the TV station owner posted record revenue in the third quarter, fueled by political ads.

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November 8, 2024

Qualcomm Stock Pops on Sales Growth, Sunny Outlook

qualcomm stock

Qualcomm stock enjoyed a substantial lift Thursday morning, the day after the chipmaker reported strong revenue figures and a rosy outlook

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