Reported 8 months ago
Seana Smith and Madison Mills discuss the latest S&P 500 growth targets, oil price outlook, and Chegg's job cuts. Wall Street strategists are bullish on S&P 500's growth prospects driven by the AI boom, while Citi's Global Energy Strategist predicts a fall in oil prices to $60 within a year. Chegg is undergoing global restructuring, and Merck received FDA approval for a pneumonia vaccine. Amazon's ad-supported pay structure is impacting competitors, driving down ad prices. NVIDIA continues to reach record highs, prompting discussions on hedging strategies, while Qualcomm rises on reports of being Samsung's chip provider with expected price hikes on Snapdragon chips.
Source: YAHOO