U.S. stocks could claw back their losses, although nervousness is palpable as traders play the waiting game ahead of Federal Reserve Chair Jerome Powell’s Jackson Hole address on Friday. The major averages are slightly higher early Wednesday. The CBOE Volatility Index, aka VIX, climbed more than 8% and has topped the 16 level, reflecting a […]

U.S. stocks could start the week on a tentative note, going by the trading in the futures market. The subdued mood comes on the back of a very solid performance so far this year. Nvidia Corp. (NASDAQ:NVDA) will likely extend its slide and exert downward pressure on tech stocks. A bullish analyst, on the other […]

Tesla, Inc. (NASDAQ:TSLA) held its annual shareholder meeting Thursday evening and CEO Elon Musk in his address touted the immense growth potential the company offers but at least one fund manager wasn’t impressed. What Happened: While reviewing the year for Tesla shareholders, Musk delved into the multiple opportunities before the company. “Tesla has the production […]

Shares of Nvidia Corp. (NASDAQ:NVDA) are trading lower in premarket trading on Monday, towing in line with the sentiment that prevailed in the futures market. In premarket, the stock was down 0.42% at $120.38, according to Benzinga Pro data. The Nasdaq Composite and S&P 500 futures were down 0.02% and 0.09%, respectively. After hitting a […]

Former Treasury Secretary Larry Summers, who is on the “inflation truthers” camp, said on Sunday there is a real risk of inflation spiking if Donald Trump wins a second term. Trump Bad For The Economy? Trump’s re-election could mean the U.S. could see another bout of inflationary pressure, Summers told The Atlantic. “There has never […]