Nancy Pelosi’s Husband Sells $4 Million in Nvidia Stock at a Loss

Nancy Pelosi’s Husband Sells  Million in Nvidia Stock at a Loss

House Speaker Nancy Pelosi’s husband sold more than $4 million worth of stock in software and computer chip company Nvidia NVDA, +7.21% this week, publicly available financial information shows it. Paul Pelosi’s trade was executed on July 26, when he sold 25,000 shares at an average price of $165.05 per share, for a total loss … Read more

Nancy Pelosi’s Husband Sells $4 Million in Nvidia Stock at a Loss

Nancy Pelosi’s Husband Sells  Million in Nvidia Stock at a Loss

House Speaker Nancy Pelosi’s husband sold more than $4 million worth of stock in software and computer chip company Nvidia NVDA, +7.12% this week, publicly available financial information shows it. Paul Pelosi’s trade was executed on July 26, when he sold 25,000 shares at an average price of $165.05 per share, for a total loss … Read more

The Fed will cut rates next year, according to BofA. Here’s what will happen to treasury bills.

The Fed will cut rates next year, according to BofA.  Here’s what will happen to treasury bills.

All eyes will be on the Federal Reserve on Wednesday. The central bank is widely expected to continue the rapid pace of monetary tightening with another 75 basis point hike in borrowing costs. But even before the confirmation that inflation has peaked, the market begins to assess the chances of interest cuts next year as … Read more

The Fed will cut rates next year, according to BofA. Here’s what will happen to treasury bills.

The Fed will cut rates next year, according to BofA.  Here’s what will happen to treasury bills.

All eyes will be on the Federal Reserve on Wednesday. The central bank is widely expected to continue the rapid pace of monetary tightening with another 75 basis point hike in borrowing costs. But even before the confirmation that inflation has peaked, the market begins to assess the chances of interest cuts next year as … Read more

The Fed will cut rates next year, according to BofA. Here’s what will happen to treasury bills.

The Fed will cut rates next year, according to BofA.  Here’s what will happen to treasury bills.

All eyes will be on the Federal Reserve on Wednesday. The central bank is widely expected to continue the rapid pace of monetary tightening with another 75 basis point hike in borrowing costs. But even before the confirmation that inflation has peaked, the market begins to assess the chances of interest cuts next year as … Read more

Visa beats profit expectations as CFO sees ‘no evidence of pullback’ in spending

Visa beats profit expectations as CFO sees ‘no evidence of pullback’ in spending

Visa Inc. beat expectations with its latest results on Tuesday and sent an optimistic signal to investors about the resilience of spending volumes in the current macroeconomic climate. Amid growing concern about the state of the consumer given factors such as rising inflation and rising interest rates, Visa V, -0.83% joined American Express Co. AXP … Read more

Visa beats profit expectations as CFO sees ‘no evidence of pullback’ in spending

Visa beats profit expectations as CFO sees ‘no evidence of pullback’ in spending

Visa Inc. beat expectations with its latest results on Tuesday and sent an optimistic signal to investors about the resilience of spending volumes in the current macroeconomic climate. Amid growing concern about the state of the consumer given factors such as rising inflation and rising interest rates, Visa V, -0.83% joined American Express Co. AXP … Read more

Google stock rises despite slowing ads, second straight drop in earnings

Google stock rises despite slowing ads, second straight drop in earnings

Alphabet Inc.’s Google shares jumped more than 4% in extended trading on Tuesday after the tech giant reported earnings slightly below Wall Street estimates. Still, the results marked the second consecutive quarter of year-over-year profit declines for Google – its first since 2015, but this time on a much larger scale. Google Alphabet, -2.32% GOOG, … Read more

Microsoft earnings: it’s the forecast that counts, so be patient

Microsoft earnings: it’s the forecast that counts, so be patient

The most important financial news that the executives of Microsoft Corp. will provide on Tuesday require a bit of a wait. MicrosoftMSFT, -0.59% is expected to release its fiscal fourth quarter financial results after the bell, capping another record year for profits and revenues, with annual profits expected to rise nearly 20% and sales expected … Read more

Big Tech earnings are poised to determine market direction

Big Tech earnings are poised to determine market direction

Just five companies control nearly a quarter of the S&P 500 index’s market capitalization, and they will all report earnings this week that could determine the direction of the market for weeks or months to come. Amazon ripped the band-aid off three months ago, and it looks like some of its Big Tech cohorts could … Read more