Dale Smothers on Labor Pressure, Picks in AAPL, AMZN, CRWV & More
Dale Smothers says that despite the labor market putting pressure on the economy, he doesn't think it's a concern because of market tailwinds partially created by Fed rate cuts. He expects the Fed to continue to cut rates, with another 25 points coming this month.
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Dale Smothers on Labor Pressure, Picks in AAPL, AMZN, CRWV & More
Dale Smothers says that despite the labor market putting pressure on the economy, he doesn't think it's a concern because of market tailwinds partially created by Fed rate cuts. He expects the Fed to continue to cut rates, with another 25 points coming this month.
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Apple halts Vision Pro overhaul to focus on AI glasses, Bloomberg News reports
Apple has halted a planned overhaul of its Vision Pro headset to divert resources toward developing smart glasses that can rival products from Meta Platforms , Bloomberg News reported on Wednesday, citing people with knowledge of the matter.
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Wednesday's Final Thoughts: Government Shutdown, NVDA, AAPL & LAC
Marley Kayden and Sam Vadas run through a turbulent, still record-setting Wednesday on Wall Street as markets face day one of a government shutdown. They talk about why they're keeping eyes on Nvidia (NVDA), Apple (AAPL), and Lithium Americas (LAC).
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Why Shares of Alphabet Stock Climbed 14% Last Month
Shares of Alphabet (GOOG 0.85%) climbed 14% higher in September, according to data from S&P Global Market Intelligence. The parent company of Google, YouTube, and Google Cloud was helped by an antitrust ruling and new artificial intelligence (AI) services it launched last month.
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Amazon Bets On $5 Private-Label Groceries To Win Over Inflation-Weary Shoppers
Amazon is consolidating its grocery brands into a $5-and-under essentials line, betting that value staples can attract cost-conscious shoppers and finally give it traction in the notoriously low margin grocery business.
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