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Goldman Sachs Expects Another Fed Rate Hike in October

After the Fed made a unanimous decision to raise benchmark lending rates by 25bps on Wednesday and the majority of the board expressed a need for further tightening, Goldman Sachs has changed its earlier prediction and now says another hike could happen as soon as next month during the October sitting of the FOMC. Earlier … Continue reading “Goldman Sachs Expects Another Fed Rate Hike in October”

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TrillionDollarBreaks – Amazon.com Inc. (NASDAQ: AMZN) Joins Exclusive $3 Trillion Market Cap Club

Amazon.com (NASDAQ: AMZN) surpassed a $3 trillion market capitalization, becoming just the fifth publicly traded company to reach the milestone, according to a Channelchek report. The achievement follows a sharp rally that accelerated after Amazon’s second-quarter earnings report, with investors responding favorably to strong growth at Amazon Web Services (“AWS”) and the company’s expanding artificial intelligence investments. Shares climbed more than 15% … Continue reading “TrillionDollarBreaks – Amazon.com Inc. (NASDAQ: AMZN) Joins Exclusive $3 Trillion Market Cap Club”

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