Monday, October 7, 2024
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Trump Media stock sinks, Bitcoin stalls, Dollar Tree loses out to Walmart and Target: Markets news roundup

Photo: Bill Pugliano (Getty Images), Thomas Northcut (Getty Images), Illustration: Anastasia Seliverstova (Getty Images), BlackJack3D (Getty Images), Judyjump (Getty Images), Image: Paul Weaver/SOPA Images/LightRocket (Getty Images)

Photo: Bill Pugliano (Getty Images)

Illustration: Anastasia Seliverstova (Getty Images)

A Dollar Tree store near Bloomsburg.
Image: Paul Weaver/SOPA Images/LightRocket (Getty Images)

Dollar Tree DLTR says it’s struggling to connect with “middle and upper-income” consumers; it’s one reason why the discount retailer anticipates sales will continue to decline.

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Why you should consider investing in international stocks ahead of the Fed’s rate cut decision, according to a strategist

Kristina Hooper, Chief Global Market Strategist at Invesco IVZ, spoke with Quartz for the latest installment of our “Smart Investing” video series.

Watch the interview above and check out the transcript below. The transcript of this conversation has been lightly edited for length and clarity.

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Illustration: BlackJack3D (Getty Images)

Shares of Super Micro Computer SMCI recovered nearly 3% on Tuesday morning after the company reassured customers and partners in the wake of a critical report by Hindenburg Research. The company stated that the report was misleading and contained false or inaccurate information, and it will address the report in due course.

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Photo: Thomas Northcut (Getty Images)

Illustration: Judyjump (Getty Images)

Big tech is going full speed ahead on AI spending after Nvidia’s earnings report, strategist says

Kristina Hooper, Chief Global Market Strategist at Invesco IVZ, spoke with Quartz for the latest installment of our “Smart Investing” video series.

Watch the interview above and check out the transcript below. The transcript of this conversation has been lightly edited for length and clarity.

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Big tech is going full speed ahead on AI spending after Nvidia’s earnings report, strategist says

Kristina Hooper, a strategist at Invesco, breaks down Nvidia’s earnings and predicts how Friday’s jobs numbers could affect the Fed rate cut decision this month

Why you should consider investing in international stocks ahead of the Fed’s rate cut decision, according to a strategist

The Federal Reserve is expected to cut rates in September. Kristina Hooper, a strategist at Invesco, breaks down what the market’s reaction will be

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