BAC and other major banks rally as the Fed trims rates again and signals a cautious path for 2026, boosting expectations for lending and NII momentum.
Source: https://www.zacks.com/stock/news/2803162/fed-cuts-rates-sign…
Artificial intelligence (AI) is the common thread that unites many of the world’s most valuable companies. Broadcom and Meta Platforms have each reported accelerating growth in large part due to AI.
Alphabet (NASDAQ: GOOG) and Nvidia (NASDAQ: NVDA) have been on a tear this year, being the only two Magnificent 7 stocks to outperform the S&P 500 as of December 11.
Major U.S. tech stocks are quiet as traders wait for Jerome Powell’s comments after the FOMC decision. Google, Apple, and Amazon all remain in broader uptrends, with pullback viewed as a potential buying opportunity near key support levels.
