Featured Author, Invest 101

US stock quick picks -Aug 26

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Stock Market News

Fed Chair Powell indicates interest rate cuts ahead – ‘The time has come for policy to adjust’ – CNBC
Meta cancels plans for high-end mixed-reality headset, the Information reports – Reuters
Apple targets Sept. 10 debut for new iPhones, AirPods and watches, Bloomberg News reports – Reuters
China’s robot makers chase Tesla to deliver humanoid workers – Reuters
Target’s sales bounced back after closing crime-prone stores — and other chains could do the same – New York Post
How Google makes custom chips used to train Apple AI models and its own chatbot, Gemini – CNBC

Trends to Watch

¡Ay, caramba!: Bitcoin bulls run risk of ‘Bart Simpson’ BTC price dip to $62K (Cointelegraph)
What’s Next: Powell’s Pivot Leaves Traders Debating Size, Path of Rate Cuts (Bloomberg)
Potential Winner: Valvoline Can Be a Slick Addition to Your Portfolio (Wall Street Journal)
Junk in the Trunk: Restaurants fight back against the FTC crackdown on ‘junk fees’ as diners balk at new charges (CNBC)
Save Money. Live Better?: Walmart recalls apple juice sold in 25 states due to elevated arsenic levels (Associated Press)