A Mizuho analyst is intrigued by what he views to be a rotation into the software sector as the chip trade fades.
KBW has upgraded Bank of New York Mellon to an “Outperform” rating, supported by a strong financial performance and a low price-to-earnings valuation.
Oppenheimer warns investors to “try not to burn too many brain cells on deciphering the Fed’s logic.”
Younger workers are reaping the benefits of years of improvements to employer retirement-savings plans.
Bank of America said Gucci-owner Kering may see the ‘green shoots’ of a recovery as early as the second half of this year
AI capital-expenditure projections are out of step with AI revenue projections, which Barclays says may encapsulate FOMO, or the fear of missing out.
International Paper stock slumped while those of Britain’s DS Smith surged Thursday, as Brazil’s Suzano said it won’t pursue a takeover of the U.S. company.
U.S. pending home sales fell 2.1% in May, the National Association of Realtors said on Thursday.
Rivian kept its production outlook for the year intact, even as the company signaled upbeat delivery numbers for its ongoing quarter.
The reverse stock split comes after NYCB’s share price fell sharply earlier this year from above $10 a share down to a low of $1.70 a share after it said it faced material weaknesses on its balance sheet.
Claims in latest week fall to 233,000 versus 235,000 expected
Tech funds and semiconductor ETFs draw interest, and an argument for selective active management.
Trade gap up 2.7% to $100.6 billion
Some well-timed trades in bullish call options tied to Rivian Automotive Inc. have caught the attention of investors and analysts on social media.
The U.S. economy’s performance in the first three months of the year didn’t look much better the third time around: The government’s latest estimate of first-quarter annual growth was lifted slightly to a lackluster 1.4%.
Orders for durable goods such as autos and computers barely rose in May and underscored the ongoing weakness in the industrial side of the U.S. economy.
Walgreens Boots Alliance Inc.’s stock fell 12% early Thursday, after the drug store chain’s fiscal third-quarter profit fell short of estimates and it again lowered guidance to reflect a stressed consumer following a period of high inflation.
Oil futures edged higher Thursday, shaking off concerns about summer gasoline demand in the U.S. as investors kept an eye on tensions in the Middle East that could threaten crude supplies from the region.
The man elected will be the one hated by the fewest rather than liked by the most.
Deficits, immigration, trade and an independent Fed must be discussed.
