| Our PureVest Weekly Roundup looked at the latest inflation data reported today. The Core PCE number is regarded as one of the Fed’s key numbers when assessing inflation. Nvidia continues to defy gravity following record earnings and the announcement of a 10-1 stock split last week; it is now closing in on surpassing Apple’s market cap. Costco reported earnings Thursday night and announced the opening of 9 new stores. Salesforce stock plummeted on light earnings and soft guidance. Mortgage rates popped back above 7% after a three-week decline. We added a PureVest blog post worth reading as the markets hit all-time highs; it’s important to remember “Why Do You Invest?”. With interest rates fluctuating near 20-year highs, we looked at what you should know when comparing CDs & Treasuries. Enjoy the light reading, and have a great weekend. |
| Markets & Economy: The Fed’s preferred inflation measure rose 0.2% in April, as expected source:www.cnbc.com Nvidia set to overtake Apple as world’s second-most valuable company source:www.yahoofinance.com Costco Q3 comps up 6.6%, e-commerce soars 21%; set to open nine new U.S. clubs source:www.chainstorage.com Mortgage rates snap three-week pullback, pushing average rate on a 30-year home loan back above 7% source:www.yahoofinance.com Salesforce Shares Plunge by Most Since 2008 After Weak Outlook source:www.yahoofinance.com PureVest Blog: Why Do You Invest? source:www.purevest.netThe Social Security COLA Forecast for 2025 Was Just Updated. Here’s the Good News and Bad News for Retireessource:www.motleyfool.com Education:CD or Treasury? Five Factors to Consider source:www.schwab.com |