To The Moon

Investors want to know if the 'pain to households and businesses' from Powell's 2022 speech still lurks on the horizon. Stocks were taking a breather on Thursday, a day ahead of Federal Reserve Chair Jerome Powell's highly anticipated speech at the annual Jackson Hole Economic Symposium in Wyoming.While a repeat of Powell's brief, blunt remarks two years ago that sparked upheaval in financial markets isn't expected, investors remain on edge about what degree of "pain to households and businesses" from his 2022 speech might still might lurk on the horizon."It's a bit of a myth that the market is solely trading off expectations for Fed rate cuts," said Kevin Gordon, a senior investment strategist at Charles Schwab, in an interview on Thursday.Clearly, a lot still hinges on chip maker Nvidia Corp.'s quarterly results due next week, Adam noted. Yet he also expects more companies to benefit from a slowing albeit still growing U.S. economy. "It looks like a soft landing, on the back of infl

Rumble shares rose 18.3% to $7.90 on Tuesday following its expression of interest in taking over TikTok.The stock is down 14% over the past 12 months.Chris Pavlovski, chief executive of the video-sharing site, said Rumble is ready to join a consortium with other parties seeking to acquire and operate TikTok inside the United States in the event that China's ByteDance divests its ownership in the video app.Specifically, Rumble said it's ready to serve as a cloud technology partner. The offer come

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