Rate cuts, enterprise AI opportunity: Asking for a Trend

On today's episode of Asking for a Trend, Josh Lipton looks at some of the top stories from Tuesday’s trading day.

Ahead of Wednesday’s expected rate cut, the S&P 500 finished roughly flat after hitting a record high during intraday trading.

As Salesforce (CRM) hosts its annual Dreamforce conference, Creatio CEO Katherine Kostereva sits down with the Asking for a Trend team to discuss how artificial intelligence is changing the enterprise software market.

Yahoo Finance's Jared Blikre examines the trading day's takeaways, including the debate between a 25 and 50 basis point cut and what the market’s reaction could be to Wednesday’s Fed meeting as investors grow more confident in a soft landing.

JPMorgan Asset Management chief global strategist David Kelly joins Julie Hyman and Akiko Fujita at the Future Proof Festival to talk about the US economy ahead of the expected cuts, telling Yahoo Finance that the “biggest known” risk for a recession is careless rate cuts.

For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend.

This post was written by Naomi Buchanan.