Stock Market News Today: Traders Weigh Inflation Data, Latest Earnings
The Fed's favorite inflation measure came in as expected, with prices up 3.7% in September year over year.
Source: businessinsider.com
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Top News In Tech Rally Today - Breaking & Trending Today
Top Tech Stocks Are Cheapest They've Been in 6 Years: Goldman Sachs
While mega-cap tech stocks are the cheapest since 2017, the upcoming earnings season is a catalyst for further growth, Goldman Sachs wrote.
Source: businessinsider.com
Tech Stocks to Rally Through Year-End Despite Fed Fears, Wedbush Says
Though investors remain uncertain on Fed policy, AI spending will boost tech stocks higher into 2024, Wedbush's Dan Ives wrote.
Source: businessinsider.com
Apple Stock Valuation Unreasonable, It's a 'Shrinking Company': Expert
Apple's stock has taken a hit in recent weeks due to a partial iPhone ban in China, but some experts have stayed bullish on the tech giant.
Source: businessinsider.com
Nvidia Stock Is 'Ridiculously' High Even After Blowout Earnings: Analyst
"Nvidia is the stock market's new Tesla, where the market blindly assigns a ridiculously high and unrealistic valuation," one veteran analyst says.
Source: businessinsider.com