US stock market today: NASDAQ falters on Fed meet jitters
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European Stocks Muted
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JPMorgan Chase’s stock fell more than 4% on Tuesday after the bank told investors that it will spend billions of dollars more in expenses next year. At the Goldman Sachs conference in New York on Tuesday,
CoreWeave stock dropped after the cloud-computing company said it was issuing $2 billion in debt that can be converted into shares. On Tuesday, it increased the planned issue to $2.25 billion due to strong investor demand.
Key Takeaways Oracle is scheduled to report earnings after the closing bell Wednesday, with analysts anticipating growing revenue and profits. Options pricing suggests traders expect Oracle's stock could move nearly 10% in either direction after its results.
Wall Street forecasters expect the stock market to grind higher in 2026 as earnings grow, the Fed cuts rates, and the US avoids a recession.
Just a few weeks ago, the stock market stumbled over fears that artificial intelligence stocks might be in a bubble. Now stocks are back within reach of a record high.
The Q3 earnings season has largely brought solid results. As of Dec. 5, 99% of S&P 500 companies have reported, according to FactSet data, and analysts estimate a 13.4% jump in earnings per share during the third quarter.
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Stock Market Live December 9: Anticipating a Rate Cut, the S&P 500 (VOO) Rises a Bit
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In November, Seeking Alpha welcomed 24 new analysts. This article introduces them and showcases some of their top picks. Analysts highlighted include The Academic Investor, recommending Galaxy Digital; Richard Doxtator, presenting on Moonlake Immunotherapeutics; and ML Research, writing about Sezzle—all rated Strong Buys.
A significant part of the answer lies in the company’s transformation. Snowflake is no longer merely presenting itself as a Cloud Data Warehouse.
Wedbush analyst Dan Ives raised his stock price target for Apple to $350 from $320, reiterating an outperform rating. “2026 is going to finally be the year that Apple actually enters the AI Revolution,” Wedbush analyst Dan Ives wrote in a post on X. “We also believe iPhone 17 sales have been trending well into year-end, including in China.”