More from New York Fed Pres. John Williams:
- labor market softer but still pretty solid
- will need to bring interest rates down over time
- unclear where neutral rate is right now
- businesses are finding less ability to push through price increases
More from New York Fed Pres. John Williams:
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TXG jumps 2.1% on Piper Sandler's Neutral rating & $15 target. Volatile stock down 10% YTD, 45% from 52-wk high.
BE surges 7.9% on $75 price target hike! Up 188% YTD, but watch its 64% 5%+ moves last year.
CELH jumps 3% on 'Buy' rating, 84% Q2 revenue growth. High volatility noted, up 113% YTD.
EVGO surges 4.1% on charging network expansion, but remains volatile & down 5.1% YTD.
SPHR jumps 5% on Guggenheim's $76 target, driven by $600K/show revenue. Volatile stock hits new 52-week high.
AI boom to double data center power use, driving $736B spending. Energy efficiency is key as demand surges.
Homeownership costs surge 26% in 5 yrs! Median income barely budged, leaving many struggling with rising mortgage payments.
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