U.S. stocks closed with the expectation of interest rate cuts boosted by non-farm payrolls, with the S&P and Nasdaq hitting new highs! Tesla rose nearly 38% in eight days, while Nvidia cooled off.

In June, non-farm payroll employment in the USA fell sharply, with significant downward revisions to previous data, and the unexpected rise in unemployment rate highlighted a cooling labor market, leading the market to bet over 70% on rate cuts in September and December.

wallstreetcn09:30

How Is The Market Feeling About IBM?

IBM's (NYSE:IBM) short percent of float has risen 4.21% since its last report. The company recently reported that it has 20.46 million shares sold short, which is 2.23% of all regular shares that are

Benzinga03:45

Walmart Options Trading: A Deep Dive Into Market Sentiment

Deep-pocketed investors have adopted a bearish approach towards Walmart (NYSE:WMT), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this

Benzinga03:32

Study Links GLP-1 Drugs, Metformin to Lower Risk of Certain Cancers

Seeking Alpha03:04

Intel And AMD Are Going For A Bigger Role In The AI Era, But At A Gradual Pace

Nvidia Corporation (NASDAQ:NVDA) undoubtedly had an early lead in the AI chip race, but its rivals are doing their best to challenge its dominance. After more than one failed attempt to discreetly ent

Benzinga02:51

What's Going On With Eli Lilly Shares Friday?

Eli Lilly and Co. (NYSE:LLY) shares are experiencing increased activity Friday afternoon. Here's what you need to know.What's Happening: Morgan Stanley has maintained its Overweight rating on Eli Lill

Benzinga02:47