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S&P 500, Nasdaq, Dow hold onto gains, Advanced Micro Devices acquires ZT Systems: Yahoo Finance

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Democratic National Convention,Jackson Hole,Federal Reserve

The major indexes (^DJI,^GSPC, ^IXIC) are holding onto last week’s gains ahead of Federal Reserve Chair Jerome Powell’s remarks at Jackson Hole later in the ...

) are holding onto last week’s gains ahead of Federal Reserve Chair Jerome Powell’s remarks at Jackson Hole later in the week. Investors will be closely watching for any signals of the rate cut path ahead, and some are preparing for further market volatility if Powell does not provide the commentary they are hoping for. Meanwhile, the AI race is heating up as shares of Advanced Micro Devices rise on plans to acquire hyperscale solutions provider ZT Systems in a deal valued at $4.9 billion.

Alphabet’s Waymo unveiled its sixth-generation Driver system on Monday with a more efficient sensor setup. Despite dropping the camera and LiDAR sensor counts, its new setup allegedly lowers costs while maintaining safety redundancies.ELIZABETHTOWN, Ky. — One person was fatally shot and two others were injured by a gunman outside a Kentucky courthouse, and police said the suspect had been located and was negotiating with police Monday afternoon.APPLICATIONS CLOSE SEPTEMBER 30HONOLULU, Aug.

Goldman Sachs is no longer worried about a recession. Their top economist reveals the reasons behind his new callMONTGOMERY, Ala — Alabama says a new state law expanding the list of felonies that cause a person to lose their right to vote won't be enforced until after the November election and asked a judge to dismiss a lawsuit over the effective date.NASCAR driver Corey LaJoie's No.

 

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