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- Yahoo Finance Video
Nvidia impact on markets, Grayscale CEO resigns: Asking for a Trend
On today's episode of Asking For A Trend, host Julie Hyman covers a diverse range of topics spanning market dynamics to succession plans. As anticipation builds around Nvidia's (NVDA) highly anticipated earnings release, stocks (^DJI, ^IXIC, ^GSPC ) are in the spotlight, with investors eagerly awaiting the potential market-moving implications. Joining the show is Ivana Deleveska, Founder and CIO of Spear Invest, who provides her insights into Nvidia's earnings outlook and the potential ripple effects on the broader markets. Additionally, Sarge986 LLC President Stephen "Sarge" Guilfoyle, brings his expertise to the table, unveiling two dominant macro trends that he believes will influence stock movements moving forward. As the episode draws to a close, Asking For A Trend shifts its focus to corporate leadership, delving into the succession plans of Grayscale's CEO, Michael Sonnenshein, who recently announced his intention to step down. This post was written by Angel Smith
- Yahoo Finance Video
Markets are in 'waiting mode': Analyst
Amid the uncertainty surrounding potential Federal Reserve rate cuts, markets (^DJI, ^IXIC, ^GSPC) have entered a stagnant phase as the latest FedSpeak fails to provide clear direction. In this environment, Baird Investment Strategy Analyst Ross Mayfield joins Market Domination Overtime to share his insights on market outlooks. Mayfield acknowledges that "there's nothing that has really changed the narrative" regarding potential rate cuts, suggesting that markets are in a "waiting mode for the big earnings." He notes that his current base case scenario could involve two rate cuts. With earnings season underway, Mayfield highlights the "tech reset sentiment," acknowledging the market's shifting focus. He emphasizes earnings reports revealed a broadening breadth in the market, encompassing sectors such as utilities, commodities, and cyclicals. Mayfield says this diversification of strength both domestically and internationally is "very much a good thing here." Despite the current uncertainties and market stagnation, Mayfield remains optimistic about the future growth trajectory of stocks. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
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Stock market today: Nasdaq clinches record close, JPMorgan drags down Dow
Investors are bracing for Fed minutes and Nvidia earnings in coming days that could test the recent rally in stocks.
