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Trump Reacts to Jobs Data: 'Lower The Rate or I’ll Stop Trading With Countries'
Benzinga21d agoneutral
Trump Reacts to Jobs Data: 'Lower The Rate or I’ll Stop Trading With Countries'

President Donald Trump reacted Friday to the hotter-than-expected August nonfarm payrolls report by threatening to halt trade with countries running trade surpluses with the U.S., unless the Federal Reserve lowers interest rates. The U.S. economy added 162,000 jobs in August, nearly triple the consensus of 56,000, and July’s reported loss of 23,000 was revised to a gain of 21,000. Food services and local government education accounted for about 62% of the total headline gain. “Great jobs number

AMC Rises 6% as CEO Blasts Tokenized Shares, Robinhood Slips
24/7 Wall St.21d agoneutral
AMC Rises 6% as CEO Blasts Tokenized Shares, Robinhood Slips

A public broadside from AMC Entertainment (NYSE:AMC) chief executive Adam Aron over tokenized shares is splitting Friday morning’s tape between two retail favorites. Robinhood Markets (NASDAQ:HOOD) is on the receiving end of the criticism, though the specific product Aron is attacking sits outside U.S. reach. Broad-market indexes are close to flat, with the SPDR S&P […]

CRDO Stock at $165: Buy, Sell, or Hold?
24/7 Wall St.22d agoneutral
CRDO Stock at $165: Buy, Sell, or Hold?

Credo just dropped 20% on an earnings beat, and that contradiction is exactly where the argument starts. Whether today's flush is a gift or a warning depends on a few risks most investors are overlooking.