Also, Apple’s bonds, Musk’s money, how to limit stock-market-concentration risk, and the Moneyist’s advice for escaping a debt trap.
Consumer sentiment index drops to 65.6 in June from 69.1
Arm’s stock is heading for its fifth day in a row of gains — and soon it will be part of the Nasdaq-100.
Industry members say changes are confusing financial-services firms.
In the post-pandemic world, cruising has become an increasingly popular vacation choice — and for good reason, the author argues
Zscaler shares are down 18% so far this year, and JPMorgan sees a buying opportunity in the cybersecurity name.
One popular passive exchange-traded fund could soon see a major shakeup with potentially serious ramifications for the technology stocks that have been driving much of the market’s gains in 2024.
The president of the Cleveland Federal Reserve said the low inflation readings in May were great news, but the central bank needs to “see that continue a bit longer” before it can cut interest rates.
The cost of imported goods fell in May by the largest amount since the end of last year, adding to recent evidence inflation might be slowing again.
Nucor’s stock was headed for a 7-month low on Friday, after the steel and steel-products maker warned of a second-quarter earnings shortfall, citing weakness at its steel mills business.
Hurco Cos. Inc.’s stock HURC tumbled 15.6% early Friday, after the industrial technology company said it’s suspending its quarterly dividend as it works to enhance its financial flexibility.
Analyst David Konrad raises Bank of America rating to outperform from market perform.
The stock could clinch its largest single-day percentage gain in four years upon Creative Cloud momentum that helped silence concerns about AI threats.
The company was planning to raise $6 million at a $77 million market cap. Proceeds of the deal were to be used for working capital, but also to fund acquisitions of new businesses or technology.
Oil futures were little changed early Friday, remaining on track for solid weekly gains that have more than erased the tumble seen after OPEC+ on June 2 announced a plan to begin phasing in the return of around 2.2 million barrels a day of crude later this year.
‘Schannep Recession Indicator’ signal typically precedes the start of an economic downturn by about six weeks.
Influential trader Keith Gill, also known as “Roaring Kitty” has grown his stake in video game retailer and original meme stock GameStop.
S&P 500 index funds saw the biggest outflows on record last week, according to data from Lipper’s global fund flows.
There’s a handy tool for gauging underlying sentiment in a messy, volatile stock market.
How much has AI contributed to stock market gains? The market could be 20% worse off without it, says Bespoke.
