Reported 3 months ago
In a recent episode of Catalysts, hosts Seana Smith and Madison Mills highlighted significant developments in the US housing market and semiconductor industry. Pending home sales increased by 4.8% in June, defying economist expectations, while the Federal Reserve's interest rate decision looms. They also discussed the rise of major stocks like Delta Air Lines, Altria Group, Mastercard, and Boeing, which announced a new CEO. Notably, AMD's strong earnings report has triggered a rally in the chip sector, as CFRA Research's Angelo Zino indicates continued AI-driven momentum in semiconductor stocks.
Source: YAHOO