Reported 17 days ago
The Federal Reserve's decision to cut interest rates by 25 basis points has led to a significant uptick in stock markets, with the S&P 500 and Nasdaq Composite reaching new heights. Key players like Qualcomm, Arm Holdings, and Lyft saw notable stock movements, particularly Lyft, which surged over 22% due to a positive outlook on gross bookings. Qualcomm and Arm Holdings also reported better-than-expected earnings, further boosting investor sentiment.
Source: YAHOO