Why don't we start off with the action that we're seeing uh in the futures, a lot of it being driven by the Broadcom earnings. We had a guest earlier said it's another moment of doubt for the AI trade. Do you agree with that sentiment.And then how do you play this. We have so many moments of doubt even after strong reports. >> Yeah, there's a lot of moments of doubt and it's not just today.It's been over the last couple of weeks and I think that's why we've seen this kind of rethinking around the AI theme. ...

positive week overall, but this morning we're seeing the futures and of course the AI trade reacting to those Broadcom earnings. You call this another moment of doubt similar to Deep Seek much earlier this year and then also Oracle and some of the questions that we've seen about that company as an open AI proxy. If we're seeing so many moments of doubt, what does that say about sentiment for the AI trade going into the new year.Well, I think what we can see with AI and with the trade broadly is that of cour ...

Market Overview - Three of the four major indexes reached new closing highs, with the Dow gaining +646 points (+1.34%), S&P 500 increasing +14 points (+0.21%), and Russell 2000 rising +31 points (+1.21%) [1] - The tech-heavy Nasdaq experienced a slight dip of -60 points (-0.25%) due to concerns over Oracle's recent performance, indicating potential challenges in the AI sector [2] Company Earnings Reports - Broadcom (AVGO) reported fiscal Q4 earnings of $1.95 per share, exceeding the Zacks consensus of $1.87, with revenues of $18.02 billion surpassing the $17.50 billion estimate. AI semiconductor revenue grew +74% year over year [3] - Broadcom raised its fiscal Q1 revenue guidance to $19.1 billion, with AI semiconductor business expected to generate $8.2 billion next year, doubling from the previous year [4] - Costco (COST) reported mixed fiscal Q1 results, with earnings of $4.50 per share exceeding the $4.26 consensus, but sales of $65.98 billion fell short of the $67.33 billion estimate, leading to a marginal decline in shares [5] - Lululemon (LULU) shares rose over +10% following a strong Q3 earnings report, with earnings of $2.39 per share and revenues of $2.6 billion, surpassing analyst expectations of $2.48 billion [6]

T-Bills Are Having Best Time of The Year. Here's Why. LIVE The Dow Is on Track for a Record Close. Why the S&P and Nasdaq Are Sliding. Last Updated: 57 min ago By Karishma Vanjani Unlike the AI trade that's getting clobbered today, investors in shorter-dated U.S. debt are having a solid day. The yield on U.S. debt that expires in six months, is at 3.625%, a new 52 week low today. Lower yields means prices of existing debt held by investors are higher. Yields on the one-month T-bill are lower too. Topics Mem ...

Let's bring in Kevin Green, senior markets correspondent right away to help set up the action today. All right, KG, I feel like today's futures action doesn't really tell the tale of the tape um given the context of the Fed. So, let's get into it. Uh let's talk Fed first.Uh you know, the decision was not a surprise, but after that, it's about what the Fed chair says. What are some of your takeaways. Yeah.So, obviously we saw uh the Fed actually cut by 25 basis points in December. It's going to be the last c ...

Core Viewpoint - Jim Cramer expresses a bullish outlook on McDonald's (MCD) stock, emphasizing its recession-resistant qualities and the positive impact of its mobile app and falling commodity costs on sales and profit margins [4][5][6]. Group 1: McDonald's Stock Analysis - Cramer highlights the effectiveness of McDonald's mobile app in driving customer traffic and sales through daily deals [4]. - Falling commodity costs, particularly in cattle prices, are expected to enhance McDonald's profit margins, as Cramer believes prices have peaked [5]. - McDonald's has historically performed well during recessions, gaining 8.59% in 2008 and emerging stronger from the 2020 recession, while many competitors struggled [6][9]. Group 2: Consumer Behavior and Market Trends - The "trade-down" thesis suggests that consumers shift from casual dining to fast food during economic downturns, benefiting McDonald's due to its value offerings [7]. - Recent data indicates that higher-income customers are increasingly dining at McDonald's due to persistent inflation, while lower-income consumers are being priced out of dining out altogether [8]. - McDonald's has introduced value initiatives like the $5 Meal Deal and the "McValue" platform to cater to changing consumer needs amid inflation [8]. Group 3: Investment Considerations - MCD stock trades at over 25 times forward earnings and has seen a modest increase of 3.3% over the past year, with a forward yield of 2.39% [11]. - While MCD may underperform in the near term if the market rallies, it is viewed as a long-term hold with potential for dividend reinvestment and stability [12].

Just recorded a podcast with the inimitable @MarkYusko unpacking the Fed decision, Bitcoin's bear market, the AI trade, and more.Make sure you're following @JoinHorizon here on X and our YouTube channel to be the first to watch it tomorrow AM: https://t.co/eoDG9dlKN9 ...

U.S. stock futures are down on Tuesday night ahead of the Federal Open Market Committee’s key interest rates decision on Wednesday. All three major indices are currently in the red, with Nasdaq Futures down 0.19%, or 49 points, trading at 25,650.75, while the S&P 500 Futures are down 0.08% and 5.25 points, at 6,843.00, followed by the Dow Jones Futures at 47,594.00, down 0.04% or 19 points.See Also: Where Labor Data Goes, FED Should Shortly FollowThe markets expect the final FOMC meeting of the year to resu ...

All right, Keith Learner, set us up here. We got the Fed decision. We got some key earnings as we as we know.How you think. >> Yeah. Well, I think Mike summed it up well.I think I wouldn't be, you know, overly focused just on tomorrow, even though there could be a knee-jerk reaction. The important thing is historically when the Fed cuts rates and markets are near all-time highs, a year later, the market has been up about 93% of the time. Go back to the mid 90s, 97 98, the Fed stayed on hold at 550.for over ...

All right, Keith Learner, set us up here. We got the Fed decision. We got some key earnings as we as we know.How you think. >> Yeah. Well, I think Mike summed it up well.I think I wouldn't be, you know, overly focused just on tomorrow, even though there could be a knee-jerk reaction. The important thing is historically when the Fed cuts rates and markets are near all-time highs, a year later, the market has been up about 93% of the time. Go back to the mid 90s, 97 98, the Fed stayed on hold at 550.for over ...