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Adobe’s stock gets a downgrade as its AI narrative is nuanced
The software company reports earnings on Thursday.
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Perion’s stock falls after ad-tech company loses Microsoft Bing business
Perion’s stock was down 23% on reduced revenue outlook.
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PishPosh is again seeking to go public
Just two months after pulling plans for a deal, the online retailer of baby products is again filing for an IPO.
10 de junho de 2024
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Treasury yields rise, as inflation, Fed in week’s spotlight
Treasury yields continued to move higher on Monday as investors nervously awaited a Fed meeting and important data due midweek.
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‘People get wealthy in many different ways.’ Money you keep matters more than how much you make.
Save diligently and spend prudently — unless of course money is no object.
10 de junho de 2024
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Southwest Airlines’ stock surges after report of activist Elliott’s large stake
Southwest Airlines’ stock surged toward their best day in more than two years Monday, after The Wall Street Journal reported activist investor Elliott Investment Management has amassed a near $2 billion stake in the airline.
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Here’s when the inflation-fighting power of TIPS bonds and ETFs really kicks in
As inflation expectations rise, so does the average amount by which TIPS outperform U.S. Treasurys.
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Nvidia, Intel, Qualcomm and other chip giants are competing to put AI on your PC. Here’s the front-runner.
How Big Tech’s big week in Taiwan and Nvidia’s Jensen Huang revealed AI’s future on the laptop.
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Republican or Democrat doesn’t matter. Presidential elections boost stocks.
The Dow’s average return is higher in the five months prior to voting.
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A ‘generational opportunity’ could see Nvidia become 15% of the S&P 500
Big tech stock splits tend not to mark a speculative top, says Julian Emanuel, strategist at Evercore ISI.
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Oil prices nudge higher after third straight weekly loss
Oil futures saw tiny gains early Monday, attempting to find a footing after an OPEC+ decision to begin unwinding some voluntary production cuts later this year helped send crude to a third straight weekly decline.
10 de junho de 2024
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GameStop’s stock jumps 11% premarket as investors await next moves for meme stocks
Other meme stocks were mixed in premarket trade Monday.
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Moderna’s combo COVID and flu vaccine works better than stand-alone shots on the market, study finds
Moderna’s experimental combination COVID and flu vaccine triggered better immune responses than stand-alone shots currently available on the market, according to clinical trial data the company released Monday.
10 de junho de 2024
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‘She has been homeless at times’: How can I leave my financially irresponsible daughter $500,000 without asking for trouble?
“She should at least have a roof over her head as she ages.”
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How much do you need to earn to buy your first home? Here’s what the typical home buyer looks like today.
Thinking of buying a house? You’ll probably need to make nearly six figures — and have $13,000 in the bank — to achieve that dream, according to a new report.
10 de junho de 2024
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Wall Street may be too pessimistic on consumer stocks, but don’t buy them, says Morgan Stanley
Wall Street investors really aren’t sure about the health of the U.S. consumer.
10 de junho de 2024
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‘AI bar remains high’ for AMD, says Morgan Stanley as it slashes rating
Cutting the stock to equalweight from overweight, Morgan Stanley analysts said expectations for AMD’s AI potential are just too high.
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The famous ‘Home Alone’ house lasted just a week on the market at $5.25 million
The 9,126-square-foot home in Winnetka, Ill., was featured in the beloved 1990 holiday film .
10 de junho de 2024
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Euro slides, French stocks slump as EU elections lead to turmoil
The euro fell vs. the British pound on Monday after European political turmoil that saw France call an unexpected election and Belgium’s prime minister resign.
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Driller Noble to buy Diamond Offshore for $1.6 billion
Offshore drilling contractor Noble Corp. on Monday said it will acquire rival Diamond Offshore Drilling in a cash and stock deal with an implied value of $15.52 per share.
