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forbes.com

Friday, Jun 28

18

Nike Stock Tanks 20% To 4-Year Low: Why The Sneaker Giant’s Struggling

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Nike stock is having its worst day since 2001 and its second-worst day since its 1980 IPO.

15

Inflation Hit Its Lowest Level Since March 2021 Last Month, Key Metric Indicates

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Core PCE inflation, the Fed’s favored metric, remains higher than it ever was from 2007 to 2020.

Thursday, Jun 27

20

How The Economy Really Fared Under Biden And Trump–From Jobs To Inflation

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Here’s your economic primer ahead of Thursday’s debate as both Biden and Trump angle to present a rosy economic picture during the complicated last decade.

Wednesday, Jun 26

19

Amazon Is A $2 Trillion Company For First Time Ever

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Amazon joins Microsoft, Apple, Nvidia and Alphabet as the world’s only public companies valued at over $2 trillion.

16

FedEx Stock Delivers Best Day Since 1986—Shares Hit 3-Year High

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FedEx’s quarterly earnings report was the whole package, with its share price on track for one of the three best days in FedEx’s 46 years as a public company.

Tuesday, Jun 25

18

Top Fed Official Doesn’t Expect Lower Interest Rates This Year

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It’s a race against time for lower interest rates ahead of November’s election, with just two more Fed meetings remaining.

Monday, Jun 24

21

Bitcoin Briefly Falls Below $60,000 For First Time Since Early May: ‘Crypto Bears Have Become Louder’

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Bitcoin is down 11% this month as "the market suddenly feels bearish."

18

Nvidia Stock Sinks Another 5%—Market Cap Down $500 Billion From Last Week’s Peak

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Nvidia is on pace for its worst three-day stock market stretch in two years.

Thursday, Jun 20

21

Nvidia Stock Endures $277 Billion Midday Selloff As AI Giant Falls Behind Microsoft

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Thursday demonstrated the S&P 500’s sensitivity to Nvidia stock’s movements, as Nvidia’s flash selloff wiped out the equivalent of Coca-Cola from the S&P.

16

Nvidia—World’s Most Valuable Company—Rallies Another 3% As $4 Trillion Valuation In Sight

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The Nvidia rocket ship lifted the S&P 500 to 5,500 for the first time ever Thursday.

Monday, Jun 17

00

Apple And Microsoft Rallies Boost S&P 500 To Another Record High

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It’s the sixth time since June 5 that the S&P has closed at a new record price as bulls charge into summer.

18

S&P 500 Will Rise To 5,600 By End Of 2024 As Average Stock Catches Up, Goldman Says

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The Wall Street-leading forecast calls for the S&P to gain 17% this year, excluding dividends.

Saturday, Jun 15

15

Can Apple Stock Go Much Higher? Analysts Don't Think So: Here's Why.

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Analysts expect Microsoft and Nvidia to become more profitable than Apple before the end of the 2020s.

Friday, Jun 14

17

Will Billionaire Tiger Woods Make The Cut? Here Are U.S. Open's Top Contenders--And Highest Earners

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Top-paid golfers like Tiger Woods and Phil Mickelson may struggle to make the cut, though other top earners like Rory McIlroy are near the top of the leaderboard.

Thursday, Jun 13

23

This ‘Top 2’ AI Stock Tacked On $126 Billion—Almost Intel’s Entire Market Cap—This Week Alone

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Some analysts expect this Silicon Valley semiconductor giant (not Nvidia) could soon become a trillion-dollar company.

17

Tesla Stock Rallies To 2-Month High As Musk’s $50 Billion Pay Package ‘Overhang’ Fades

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“If this proposal went south a lot of bad things and scenarios could have happened including Musk beginning a path to not being CEO of Tesla,” according to Wedbush’s Dan Ives.

Wednesday, Jun 12

21

When Will Interest Rates Fall? Fed Holds Rates Steady—And Signals Just One Cut This Year

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Any rate cuts would still be friendly for investors and potential borrowers, but it’s far less than the seven cuts priced in by the market in January.

18

Apple Reclaims Crown As World’s Most Valuable Company From Microsoft

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After gaining $330 billion in market capitalization over the last two days, Apple is again the biggest company in the world.

16

Larry Ellison’s Net Worth Jumps $15 Billion As Oracle Stock Hits All-Time High

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The 79-year-old Ellison is now about $10 billion less rich than Mark Zuckerberg and $50 billion behind Elon Musk, the world’s richest man and Ellison’s “very close friend.”

15

Consumer Price Index: Core Inflation At Lowest Level In 3 Years

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Still, both headline inflation and core inflation continue to trend in the right direction, but remain above their historically acceptable boundaries.

Tuesday, Jun 11

23

Apple Stock Hits All-Time High—Minting $200 Billion AI Rally

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It's Apple stock's best day since October 2022.

17

Apple Stock Hits All-Time High On AI iPhone Optimism—Crosses $200 Per Share

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Investors must have slept nicely on the WWDC rollout, as the Apple stock rise reversed premarket losses and a modest selloff in Monday afternoon trading.

Monday, Jun 10

21

Apple Finally Unveils iPhone AI Features—Powered By ChatGPT

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Apple CEO Tim Cook unveiled the company’s “profound new intelligence capabilities” Monday.

17

Apple Could Preview An AI IPhone Today: Here’s What Wall Street Expects

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Apple stock is up almost 20% over the last two months as investors expect Apple to finally tip off its artificial intelligence plans.

16

Nvidia Shares Now Trading At Just $120 After Stock Split In Wake Of Monstrous Run

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You can now purchase a single share of Nvidia for the cheapest price since 2022.

Friday, Jun 7

21

Trump Claims U.S. Inflation Is The Worst It’s Ever Been—Here’s Why He’s Wrong

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The former president also offered up some misguided solutions, including cutting interest rates (the independently run Federal Reserve is expected to do this regardless of who’s president) and apparently backing deflation, a slippery slope…

15

U.S. Adds Whopping 272,000 Jobs: Here’s Why That’s Bad News For Interest Rates

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Traders hoping for growth-friendly rate cuts were rudely awakened by the strong labor market report.

Thursday, Jun 6

21

GameStop Shares Soar 30% As Meme Stock Leader ‘Roaring Kitty’ Schedules Livestream

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Gill owns five million common shares of GameStop and even more in call options, according to unverified posts from his Reddit account, a position worth well over $100 million.

16

European Central Bank Cuts Interest Rates As Timing Of Fed’s First Cut Looms

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Canada and the European Union have both lowered their lending rates, but the U.S. has yet to take the step as inflation remains pesky.

Wednesday, Jun 5

22

S&P 500 Hits Record High After Apple And Nvidia Join $3 Trillion Market Cap Club

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Nvidia briefly overtook Apple as the world’s second-biggest company Wednesday.