economy
Here's what we like about our two newest additions to the Bullpen watchlist
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
TL;DR
- S&P 500 reached a new record high after Iran announced the Strait of Hormuz is open.
- Oil prices and interest rates fell, with the market anticipating a December rate cut.
- Arm Holdings is moving beyond licensing to design and sell its own data center CPUs for AI workloads.
- FedEx plans to spin off FedEx Freight by June 1 to create two focused, industry-leading companies.
- Upcoming earnings reports from major companies like Boeing, GE Vernova, and Tesla are anticipated.