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🚨Top Tweet of the Week!🚨

With the inauguration approaching, Bitcoin is dominating the financial conversation this week.

I’m excited to introduce today’s sponsor, OS Therapies Inc. (NYSE: OSTX), a clinical-stage biopharmaceutical company dedicated to developing treatments for osteosarcoma and other solid tumors.

With a promising pipeline targeting critical conditions, OS Therapies is at the forefront of oncology innovation. As the fiscal year comes to a close, this could be a great time to consider this investment opportunity.

Whether you're looking to diversify your portfolio or explore new opportunities, OS Therapies offers a chance to invest in groundbreaking cancer treatments.

Be sure to do your research and consider adding OS Therapies to your watchlist.

COMMUNICATED - DISCLAIMER

This Week’s Market Recap… 📊

This week’s spotlight was on NVIDIA ($NVDA), which reported earnings on Wednesday after market close, exceeding expectations for both revenue and EPS. The company posted $35.1 billion in revenue, surpassing forecasts by $2 billion.

Initially, the market reacted negatively due to NVIDIA's forward guidance, which fell short of some investors' expectations for a significant raise. However, as trading progressed, sentiment shifted, and the stock closed the day up 0.53%.

Beyond NVIDIA, market-moving events were limited. Federal Reserve officials, including Fed President Bowman, shared insights, with Bowman advocating a cautious approach to further rate cuts.

On Thursday morning, the jobless claims report emerged as the week’s most notable economic data point. Claims came in at 213,000, better than the expected 220,000, marking the lowest since April. This positive data reduced the likelihood of a December rate cut.

As the Fed's December meeting approaches, all economic data will face heightened scrutiny. Based on current trends, I anticipate the Fed will refrain from cutting rates in December, though upcoming data could alter this outlook.

My Schedule This Week!

Have a Blessed Weekend!

Disclaimer: Wolf Financial does NOT offer financial advice. All content provided is strictly for informational purposes. Wolf Financial is not registered as an investment, legal, or tax advisor, nor as a broker/dealer. Please be aware that trading any stock or crypto-related asset carries inherent risks and may lead to substantial capital losses.