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Housing starts post bigger-than-expected increase in June
Construction on new U.S. homes rose 3% in June, the Commerce Department said Wednesday.
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Roche shares jump on drugmaker’s early-stage data on weight-loss drug
Shares of Swiss drugmaker Roche rallied on Wednesday after the company’s early-stage trial of an oral weight-loss drug showed it had promise.
17 de julho de 2024
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1-800-Flowers downgraded to sell as ‘everyday gifting is still anemic’
The stock of 1-800-Flowers.com Inc. tumbled 3.4% early Wednesday, after D.A. Davidson downgraded it to underperform, or sell, from neutral, and said consensus estimates for its fiscal fourth quarter are looking too high.
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The biggest risk to markets is no longer inflation, say fund managers
Bank of America’s monthly survey of global fund managers found “geopolitical conflict,” as the most overriding concern for markets currently.
17 de julho de 2024
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U.S. stocks are headed for their calmest stretch since 2007, by one measure. What that means for your portfolio.
An unusually tranquil stretch for U.S. stocks is poised for a new milestone on Wednesday just as the rally appears to finally be broadening out beyond a handful of megacap names.
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China and Taiwan concerns hit chip stocks including Nvidia
President Joe Biden and former President Donald Trump tag-teamed to hit microchip stocks on Wednesday, pressuring companies ranging from Advanced Micro Devices to Nvidia on worries over both Taiwan and China.
17 de julho de 2024
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Nearly half of U.S. adults struggle to afford healthcare, research shows
Nearly half of U.S. adults are struggling to cover the cost of prescription drugs and doctor visits, new research shows, marking a new low for healthcare affordability.
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Johnson & Johnson stock seesaws lower after profit beat, but outlook was lowered
Johnson & Johnson’s stock seesawed into the red in early trading Wednesday, after the drugmaker beat second-quarter profit expectations but lowered its full-year outlook.
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Why a ‘do-nothing’ Congress is a winning vote for your stock portfolio
The U.S. stock market on average has done better when Congress is not in session.
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Global stock investor Jim Rogers: ‘I’m waiting for something to go wrong.’
‘Probably by the end of this year or next year, the bear market will have resumed in the U.S.,’ Quantum Fund co-founder says.
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Temperature-controlled warehouse REIT Lineage sets terms for the biggest IPO of 2024
Company to raise up to $3.85 billion at a valuation of up to $19.2 billion
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Leading Fed official says he still wants more data before supporting rate cut
A leading Federal Reserve official says he still needs a little more convincing before endorsing an interest-rate cut, a comment that all but rules out a reduction later this month.
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My adviser told me to take Social Security early — and save $2.5 million for our kids. But shouldn’t I delay as long as I can?
“Our kids and grandkids won’t get our Social Security if we pass away at a younger age.”
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Oil prices struggle to snap 3-day losing streak despite in crude inventories
Oil futures traded flat to slightly lower, struggling to hold on to gains seen after industry data showed a large drop in U.S. crude inventories ahead of official figures due Wednesday morning.
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Druckenmiller may have done it again, loading up on small caps before Great Rotation. Analysts say the move isn’t done.
The star investor seems to have correctly made a giant call.
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Two under-the-radar ways Netflix earnings could draw cheers — beyond the results
Subscriber growth and financial metrics will be important when Netflix reports results, but there are other ways Netflix can excite investors.
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Adidas lifts guidance and shares climb, partly thanks to the hottest shoes in Paris
Adidas shares climbed on Wednesday after the sportswear maker lifted guidance, a reprieve in the world of retail, where a steady stream of downbeat news has been dogging the sector lately.
17 de julho de 2024
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Vans parent VF Corp. sells Supreme skating brand to France’s EssilorLuxottica for $1.5 billion in cash
‘Strategic portfolio review concluded there are limited synergies between Supreme and VF, making a sale a natural next step,’ says CEO
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HSBC appoints current finance chief Georges Elhedery to CEO
The Lebanese born banker, who first joined HSBC in 2005, had been seen as the natural successor to Quinn who announced he would be stepping down in April
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Stop asking for time off, these bosses say. Just take it.
These bosses went viral for posting about time off. MarketWatch asked them why it’s still such a touchy topic.
