QuinStreet Shares Surge on Fed Rate Cut Hopes

QuinStreet shares surged by over four percent following Federal Reserve official John Williams hint at a potential December interest rate cut, sparking market optimism. However, technology stocks like Nvidia and AMD plummeted due to Chinas new export controls on rare earth metals and ongoing trade tensions, creating a volatile market. Despite todays gains, QuinStreets stock remains down by over forty percent this year, reflecting a challenging period for the company and its investors.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.