Wall Street Breakfast

Softer retail sales, rate cuts and tech's top targets

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Nasdaq, S&P, Dow drift after retail sales come in softer than expected (0:35). 2 Fed rate cuts in 2024 and 6 in 2025? (1:47). Nvidia driving things; anxiety about 2nd half of the year (2:50). Apple price target raised; tech bull market 'is just starting.' (4:00). Crypto eventually going to be in every portfolio (7:20).Episode transcripts: seekingalpha.com/wsbShow links: Nvidia rises after Rosenblatt sets Street High PT of $200Invesco sees two rate cuts this year while KPMG sees six in 2025; SA SummitApple's price target raised at J.P. Morgan on AI boost to iPhonesTech bull market to last another 2–3 yearsPowell And The Fed Are More Hawkish Than You Think: Expect Economic Weakness AheadSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.