Wall Street on Record High Watch
August 26, 2024
MRKT Matrix - Monday, August 26th
Dow touches new record then struggles, S&P pulled down by tech (CNBC)
Goldman’s Rubner Sees S&P 500 New High This Week, Spurring FOMO (Bloomberg)
Fed’s Preferred Price Gauge Is Set to Reinforce Rate Cuts (Bloomberg)
Nvidia Stock Price Levels to Watch as Earnings Report Looms (Investopedia)
Apple’s iPhone 16 launch event is set for September (The Verge)
Apple Explores Robotics in Search of Life Beyond the iPhone (Bloomberg)
What Is Alphabet Worth Without Google Search? This Analyst Has an Estimate. (Barron’s)
Lululemon ‘Dupes’ Are Just as Cool With the TikTok Crowd (WSJ)
The valuation opportunity (Axios)
The Plug-In Hybrid Car Starts to Win Over Buyers (WSJ)
SpaceX’s Risky Next Mission: The First Private Spacewalk (WSJ)