Wall Street Rallies as Fed’s Waller Hints at September Rate Hold: Stock Market Today
Stocks rallied and Treasury yields retreated from three-year highs after Fed Governor Waller signaled he could back a rate hold, sending bitcoin above $80,000.
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META stock gains premarket as Meta readies its Hatch AI agent platform, WhatsApp rollout, and October launch for 'Watermelon.'
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Stocks rallied and Treasury yields retreated from three-year highs after Fed Governor Waller signaled he could back a rate hold, sending bitcoin above $80,000.
Meta hits an $18B youth safety settlement. Discover how analysts view its AI product pipeline, cap-ex risks, and stock price targets.
Nvidia surges 4.7%, while Credo, MongoDB and Palo Alto all cratered Wednesday despite quarterly beats, as costs surged.
JPMorgan reiterates an Overweight rating on Salesforce (CRM) as AI-powered Agentforce drives consumption, upsells, and monetization.
The State Street SPDR S&P Software & Services ETF (XSW) is a smart beta ETF launched in 2011 that tracks the S&P Software & Services Select Industry Index. With $491.1 million in assets and a low expense ratio of 0.35%, it offers broad exposure to the software sector with 133 holdings. The fund has gained 7.91% year-to-date and 7% over the past year, but carries higher risk with a beta of 1.17 and standard deviation of 26.90%. Investors seeking lower-risk alternatives may consider traditional market cap-weighted ETFs.
Meta stock edged up premarket as investors evaluated its $18B youth-safety settlement, which adds teen usage restrictions alongside strong Buy ratings from analysts.