ADVFN US – Market Content Editor
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JPMorgan remains positive on equities, sees rotation driving further gains
JPMorgan remains constructive on equities heading towards the end of the year, although the bank expects further gains to be driven by shifts between market segments rather than a broad-based surge in stocks. “In equities, we stay constructive into year-end, expecting a grind higher with rotation rather than a broad melt-up move,” strategist Fabio Bassi…
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How sustainable is the crypto rebound? Needham sees further momentum
The recent recovery across digital assets could have further room to run, according to Needham & Company, which has increased its crypto trading volume forecasts for the exchanges and platforms covered by the firm. “How sustainable is the crypto rebound? We believe it has legs,” analyst John Todaro wrote in a note to clients, identifying…
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US leveraged single-stock ETF boom shows signs of cooling
Demand for high-risk leveraged and inverse single-stock exchange-traded funds in the US may be losing some momentum after a rapid expansion in new products. A volatile bull market has encouraged investors to seek products capable of magnifying daily moves in some of the market’s most popular and volatile stocks. The surge in speculative offerings has…
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Which equity factors tend to outperform when Fed rate hikes begin?
The start of a Federal Reserve tightening cycle has historically produced notable changes in U.S. equity market leadership, according to an analysis by Barclays examining sector and style-factor performance around the first interest rate increase. Market expectations have increasingly moved towards the possibility of a rate hike by the first Federal Open Market Committee meeting…
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JPMorgan eases lending restrictions in push for tech wealth clients – FT
JPMorgan Chase is relaxing some of its lending restrictions on shares in recently listed companies as the bank seeks to win more wealthy clients from rapidly expanding technology businesses, the Financial Times reported on Tuesday, citing people familiar with the matter. Under its standard policy, JPMorgan generally does not accept shares as collateral for loans…
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SpaceX orbital compute could gain appeal as data center opposition grows
SpaceX’s (NASDAQ:SPCX) ambitions to move computing infrastructure into orbit could become more attractive as political resistance to terrestrial data centers intensifies across the US, Evercore ISI said in a note to investors. Analyst Kutgun Mural pointed to an increasingly difficult political and regulatory environment for new data center developments. Texas has paused as many as…
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Stocks Slip as Warsh Warns Inflation Fight Is Not Over
Wall Street closed modestly lower on Friday after new Federal Reserve Chair Kevin Warsh used his debut Jackson Hole address to warn that inflation remains too high and that the central bank may need to raise interest rates in the months ahead. The message cooled some of the enthusiasm that had carried stocks higher a…
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Stocks Target Flat Open Ahead of Fed Chair Warsh’s Jackson Hole Speech: Dow Jones, S&P and Nasdaq Futures
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a roughly flat open on Friday, with stocks likely to show a lack of direction after ending the previous session mostly higher. Traders may be reluctant to make significant moves ahead of Federal Reserve Chair Kevin Warsh’s speech at the Jackson Hole economic symposium…
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Fed Chair Warsh Jackson Hole Speech Preview: What to Expect Alongside Key August Data
MNI Indicators is due to release its report on Chicago-area business activity in the month of August at 9:45 am ET. The Chicago business barometer is expected to rise to 59.0 in August from 57.6 in July, with a reading above 50 indicating growth. At 10 am ET, Federal Reserve Chairman Kevin Warsh is scheduled…
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Take-Two shares rise after Rockstar Games releases extended GTA VI preview
Take-Two Interactive Software Inc. (NASDAQ:TTWO) shares rose 2.3% in pre-market trading after Rockstar Games premiered “Grand Theft Auto VI: An Extended Look” on Netflix on the evening of August 27. Rockstar also reaffirmed the November 19, 2026 launch date for Grand Theft Auto VI alongside the showcase. The release followed the circulation of unauthorised GTA…