Nasdaq ends lower ahead of big tech earnings, focus on Fed
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- S&P closes at record high as soft jobs report eases rate-hike concerns
- US suffers unexpected job losses in July, markets dial back rate hike expectations
- Brent climbs $1 on uncertainty over end to Iran war
- Atlassian results seen as 'game changer' for AI kills software worries
- The Trade Desk hit by Wall St downgrades after disappointing Q2 results, outlook
- Citi cuts Micron stock target, sees memory chip prices peaking in 2Q27
- S&P closes at record high as soft jobs report eases rate-hike concerns
- US suffers unexpected job losses in July, markets dial back rate hike expectations
- Atlassian results seen as 'game changer' for AI kills software worries
- Microsoft only US hyperscaler with positive free cash flow as AI capex bites
- After-Hours Movers: TEAM, NET, TWLO, DOCS, FROG, DV, TTD, ABNB, DKNG, SG, RKT
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Nassim Taleb warns rising US debt could turn into 'death spiral'
January 30, 2024 9:48 AM ESTBlack Swan author Nassim Nicholas Taleb warned that "a debt spiral is like a death spiral," and the US deficit is increasing to a point where it would take a miracle to reverse the damage.
In an article, Bloomberg reported that Taleb spoke at an event for Universa Investments on Monday night, the hedge fund he... More
Institutional traders were big sellers last week, BofA's client data shows
January 30, 2024 9:12 AM ESTThe recent trading week saw a notable shift with institutional clients engaging in significant selling, marking the first outflow from single stocks in eight weeks, according to Bank of Americas analysis of client data.
Despite the S&P 500 gaining 1.1%, the brokers clients were net sellers of US equities, totaling outflows of $0.7 billion, the first such instance in three weeks. Contrasting this, there was an inclination... More
