The White House's Assault on the Fed Is Self-Defeating
This effort to undermine Powell is both baseless and bewildering — baseless because the complaints don't stand up, bewildering because, if anything, they make it harder for the Fed to deliver what the president most wants: a lower cost of borrowing.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
17 minutes ago
- Yahoo
Hewlett Packard Enterprise's Quarterly Earnings Preview: What You Need to Know
With a market cap of $27.2 billion, Hewlett Packard Enterprise Company (HPE) is a Texas-based tech giant specializing in enterprise IT solutions such as servers, storage, networking, cloud computing, and data management. HPE is scheduled to release its fiscal Q3 2025 earnings results on Wednesday, Sept. 3. Ahead of this event, analysts expect the company to report a profit of $0.37 per share, a 17.8% decline from $0.45 per share in the year-ago quarter. The company has exceeded Wall Street's earnings expectations in three of the past four quarters while missing on another occasion. More News from Barchart Warren Buffett Warns Inflation Turns Business Into 'The Upside-Down World of Alice in Wonderland' But Weeds Out 'Bad Businesses' Why GOOGL Stock May Be the Market's Next Big Winner Alphabet Posts Lower Free Cash Flow and FCF Margins - Is GOOGL Stock Overvalued? Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. For the current year ending in October, analysts expect HPE's EPS to decline 9.3% from $1.73 in fiscal 2024 to $1.57. Looking ahead, its EPS is expected to rebound in 2026, growing 24.8% annually to $1.96. Shares of HPE have climbed 6.6% over the past 52 weeks, underperforming the broader S&P 500 Index's ($SPX) 18.3% gain and the Technology Select Sector SPDR Fund's (XLK) 22.7% return over the same period. On July 1, shares of Hewlett Packard surged 11.4% after the company reached a settlement with the U.S. Department of Justice, avoiding a July 9 trial over its $14 billion acquisition of Juniper Networks, Inc. (JNPR). As part of the agreement, HPE will divest its Instant On wireless business and license a Juniper AI product's source code. Analysts' consensus view on HPE stock remains fairly upbeat, with a "Moderate Buy" rating overall. Out of 18 analysts covering the stock, eight recommend a "Strong Buy," one "Moderate Buy," and nine give a "Hold" rating. Its average analyst price target of $23.40 represents a potential 12.9% increase from the current market price. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
17 minutes ago
- Yahoo
FMC Corporation (FMC) Declares Quarterly Dividend; KeyBanc Raises PT Ahead of Upcoming Q2 Results
FMC Corporation (NYSE:FMC), a cheaply priced stock popular among hedge funds and offering upside potential, is included in our list of the . A person inspecting a lithium-ion battery that is being recycled. On July 14, 2025, KeyBanc increased its price target on FMC Corporation (NYSE:FMC) from $53 to $61, maintaining an 'Overweight' rating. For a stock that is trading at $43.21 as of the time of writing, representing a 41.17% upside, per the analyst. The analyst signals growing optimism around the company's growth potential. Meanwhile, two days later, FMC Corporation (NYSE:FMC)'s board declared a regular quarterly dividend of $0.58 per share, payable on October 16, 2025. Amid the volatile market environment, this points to the company's commitment to shareholder returns and operational resilience. With decades of experience in developing and producing lithium amides, lithium alkoxides, lithium metal hydrides, alkyllithiums, and aryllithiums, FMC Corporation (NYSE:FMC) has enabled the production of agricultural and pharmaceutical intermediates. It is included in our list of cheap lithium stocks. FMC Corporation (NYSE:FMC), a global agricultural sciences company, offers sustainable crop protection and precision agriculture solutions. It is included in our list of cheap lithium stocks. While we acknowledge the potential of FMC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 11 Most Undervalued Cloud Stocks Under $10 According to Hedge Funds and 11 Best Mineral Stocks to Buy According to Hedge Funds. Disclosure: None.
Yahoo
17 minutes ago
- Yahoo
Trump Plans to Give up to 12 Days for Putin to Agree to Ukraine Deal
While in Scotland, President Trump said he is 'disappointed' in Russian President Vladimir Putin for not yet reaching a deal to end the war in Ukraine.
