Nasdaq Composite Sells Off 3%

U.S. gross domestic product rose 1.1% in the first quarter. A survey on retirement confidence sees the steepest year-over-over decline since 2008. Plus, Mastercard’s earnings report. Host: Katie Ferguson. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for informati ... Show More

Microsoft will appeal a U.K. regulator’s decision to block its purchase of Activision. Norfolk Southern’s earnings report includes a charge for its recent train derailment in Ohio. Plus, the clouds clear for Boeing. Host: Katie Ferguson. Hosted by Simplecast, an AdsWizz company. ... Show More

The federal funds futures market is pricing in a roughly 70% chance that the central bank will pause rate increases in June. Plus, a look at home prices and Verizon’s earnings. Host: Katie Ferguson. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information abo ... Show More

<p>Skyhigh valuations finally weighing on stocks as investors roll out of the risk-on trade. The details behind the drop in Palantir, the crypto trade, and if there’s more pain to come. Plus a lot of technical jargon to know, and Katie Stockton is closing the gap on some of the l ... Show More

The Nasdaq 100 fell as much as 1.5% before recovering to close just 0.6% lower. Markets remain on edge ahead of key events, including Jay Powell's speech at the Jackson Hole Symposium tomorrow, whilst the USD remains unchanged and gold rises amid concerns over Fed independence. U ... Show More

<p>Investors are beginning to adjust to the prospect of higher interest rates, dragging down markets around the world. Meanwhile, job cuts in the tech sector continue, with Yahoo being the latest big tech name to announce layoffs. Manuel Villegas, Next Generation Research analyst ... Show More

<p>Global markets saw divergent trends, with European stocks struggling due to a falling oil price and high China exposure, while US markets saw a broad-based rally driven by positive tech sector news. Bond yields steadied, and investors await the release of the FOMC minutes for ... Show More

Stocks rally and bonds plunge as with new economic agenda ahead. (0:15) Tesla is a winner as other EV makers fall. (2:39) Tech stocks bullish and renewable energy dives. (3:01) Show Notes Super Micro Computer down 25%, giving up its entire AI rally Incumbent party loses three-str ... Show More

The Trade Desk, Magnite, and other ad-tech companies tumble after Google announces some big changes. Costco and Target fall on earnings. Zoom Video reports a big jump in revenue but the stock tumbles. Okta buys rival Auth0 for $6.5B in stock. Square buys a majority stake in Jay Z ... Show More