Should investors use the recent weakness in semiconductor stocks as a buying opportunity? Not quite yet, according to one analyst.
A new poll finds Republican nominee Donald Trump still ahead in four swing states and tied with Harris in Wisconsin, putting Kamala Harris on par with where Joe Biden was about four months ago.
There has been a three-week trend toward value-oriented stocks and away from Big Tech, and if you believe this trend is going to last, you might want to take a look at value stocks screened for quality.
The wedding of Mukesh Ambani’s youngest son to a pharmaceutical heir cost a reported $600 million — and the billionaire’s wealth rose on Wednesday by nearly enough to pay for it.
“We need regulators to do a better job limiting insurers’ endless demands for rate hikes,” one consumer advocate said.
Gold dropped more than 2% on Thursday after a better-than-expected reading on U.S. gross domestic product fed the potential for higher-for-longer U.S. interest rates, which contributed to a drop in the price of the precious metal to the lowest level in more than two weeks.
KKR is paying $23.60 per share for the Salt Lake City-based company.
New York Community Bancorp’s stock fell 6% in premarket trading after the lender reported a second-quarter loss and larger-than-expected charge-offs mostly on office and multi-family property loans that it doesn’t expect to be paid back.
At a time when home prices are hitting record highs, cities in the Midwest have emerged as an oasis of affordability.
Pool Corp. shares rose 2.4% in premarket trading Thursday after the swimming-pool equipment company reported better-than-expected second-quarter revenue and earnings.
ServiceNow has a “solidifying position as one of the few true AI beneficiaries in software,” an analyst says.
Organizations created decades ago for a student-loan system that no longer exists have maintained a foothold.
Citi sees building competitive and execution challenges for Lululemon, whose stock ranks among the S&P 500’s worst performers this year.
Royal Caribbean reported Thursday quarterly profit that beat expectations and raised its full-year outlook, citing continued strong demand for cruises into next year and increased onboard spending.
Shares of RTX Corp. rose 3.2% in premarket trades Thursday after the owner of Collins Aerospace Systems and Pratt & Whitney beat analysts’ top and bottom-line estimates and raised its full-year guidance.
American Airlines’ stock sank Thursday toward the lowest prices seen in four years, after the air carrier warned of a big third-quarter profit miss, citing both company specific and industry challenges.
Claims down 10,000 to 235,000
Viking Therapeutics Inc’s shares gained about 15% premarket on Thursday after the company signaled progress on an experimental obesity drug that could accelerate its development timeline.
Surprise rate cuts by China’s central bank stoke worries about the world’s second largest economy, while a former Fed official’s call for an immediate easing rattled U.S. investors.
Stellantis posted a steep first-half drop in earnings that fell below forecasts as more cars sat at dealerships in the U.S., prompting the company to consider price cuts and reduce production.
