August retail sales, Intel's foundry business: Morning Brief

The markets aren't yet open, but that doesn't mean you can't start the morning off right! Join Morning Brief hosts Seana Smith and Brad Smith as they cover the biggest market stories and interview Wall Street experts as they guide investors into the market open.

Bank of America US economist Stephen Juneau joins the program to explain why he is pricing in a 25-basis-point interest rate cut from the Federal Reserve following recent labor data and August's retail sales.

Intel (INTC) is expanding its collaborative chipmaking partnership with Amazon Web Services (AMZN) as the hardware company seeks to further expand its foundry business. Moor Insights & Strategy Founder, CEO, and Chief Analyst Patrick Moorhead talks about how Intel's various partnerships are reducing its risks in the long term.

The Morning Brief team also welcomes on Standard Chartered head of crypto research Geoff Kendrick, who shares his outlook on how high bitcoin (BTC-USD) could climb based on who wins the 2024 US election this November.

Other top trending stocks on the Yahoo Finance platform include Microsoft (MSFT), Shopify (SHOP), Tupperware Brands (TUP), Dell Technologies (DELL), Mobileye Global (MBLY), Intel (INTC), and Hewlett Packard Enterprise (HPE).

This post was written by Luke Carberry Mogan.