How Bond Traders Reacted to Latest Inflation Data and Prep for Nvidia Earnings

Sponsored

Ed Egilinsky, managing director and head of sales and distribution & alternatives with Direxion, joined Cheddar News to discuss how bond traders are reacting to the latest consumer price index data and how they're positioning portfolios ahead of next week's release of Nvidia's earnings. Egilinsky also discussed some of the other bigger-cap companies, including Alphabet, Amazon and Apple.

More In Business

Did Taylor Swift Impact UK Inflation?

Some economists attributed spending increases to Taylor Swift’s tour of the U.K. in a new inflation report.

Rising Inflation Sparks Side Hustle Surge Among Americans

Inflation strains many financially, jeopardizing the American Dream. Can side hustles offer relief?

Senate Review: Amazon Prime Day Causes Warehouse Worker Injuries

A report released by Senator Bernie Sanders says Amazon’s popular Prime Day sales event has been “a major cause of injuries” for warehouse workers.

Microsoft Faces UK Competition Investigation Over AI Startup Hiring

British regulators have opened a preliminary investigation into Microsoft’s hiring of an AI startup’s key staff over AI competition concerns.

Perjury Charges Could Face Man Who Falsely Claimed to Invent Bitcoin

Perjury charges in London could soon face a man who falsely claimed to be the mysterious creator of the bitcoin cryptocurrency.

Retail Sales Steady in June from May, Showing Shoppers’ Resilience

Shoppers paused their spending in June from May, defying economic forecasts for a pullback and proving their resilience.

Celebrities and Influencers are Getting $2,000 MRI Scans. Should You?

Celebrities and influencers are helping promote high-tech medical scans that companies claim can help catch deadly diseases, including cancer.

Powell says Fed is More Confident Inflation is Slowing

Chair Jerome Powell said the Federal Reserve is becoming more convinced that inflation is headed back to its 2% target.

Amazon Prime Day Deals Start July 16

July sales events have become a seasonal revenue driver for the retail industry since Amazon launched its first Prime Day in 2015.

Trump Media Shares Surge After Assassination Attempt

Trump Media surged in the first day of trading following an assassination attempt on former President Donald Trump.

Load More