Wall Street hits record high amid rising bets on Federal Reserve's interest rate cut

Wall Street hits record high amid rising bets on Federal Reserve's interest rate cut

Australian shares are set to open higher, after strong expectations of an impending US rate cut drove Wall Street to fresh trading records. Market snapshot at 7:50am (AEST):. ASX SPI futures +0.3pc at 6,645, ASX 200 (Wednesday’s close) +0.5pc at 6,686 …
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YouTube mystery ban on hacking videos has content creators puzzled

YouTube, under fire since inception for building a business on other people’s copyrights and in recent years for its vacillating policies on irredeemable content, recently decided it no longer wants to host instructional hacking videos. The written policy first …
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Marijuana Stocks: Canopy Growth Falls, Rebounds After CEO Bruce Linton Departs

Canadian cannabis producer Canopy Growth (CGC) on Wednesday said co-CEO and founder Bruce Linton had left the company, just days after major investor Constellation Brands (STZ) said it was “not pleased” with Canopy’s latest quarterly results. Canopy …
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Navarro Sees Dow at 30000 If Two of Trump's Wishes Come True

… we cut interest rates and we move forward with the Trump-growth agenda,” Navarro said in an interview with Bloomberg Television Wednesday.
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Goldman Sachs: 5 "Superstar" Stocks to Buy Now

Goldman Sachs’ analysts last month homed in on an investing strategy designed to generate outsize returns for investors. The strategy focuses on stocks that are dominating their respective industries – aka, “superstar stocks.” Interestingly, the number of …
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