Analysts are largely upbeat on Micron’s stock, pointing to an upbeat AI narrative while noting that pressures on consumer markets shouldn’t be much shock to Wall Street.
The shocking strength of the economy helps explain the Federal Reserve Scrooge-like plans for interest rate cuts next year. And the latest update on GDP over the summer offers another reminder.
Jobless claims are the early-warning radar for the U.S. economy, and they still show no trouble on the horizon. The number of Americans who applied for unemployment benefits in middle of December fell to a low 220,000.
Conagra, which makes blockbuster supermarket brands such as Birds Eye and Healthy Choice, sees inflation close to 4%.
Stock has doubled this year, but it’s still down sharply from its peak of nearly $28 a share in 2021.
C3.ai Inc. was downgraded to underweight by KeyBanc Capital Markets Thursday, with the analyst firm citing concerns about the enterprise software company’s subscription revenue growth.
America’s taste for red meat over fine dining powered a healthy sales gain for LongHorn Steakhouse.
CarMax’s stock surges toward a 2-year high as a drop in used car prices helped lead to a big sales beat.
Oil futures edged lower Thursday, struggling for support a day after the Federal Reserve signaled it would go much slower in cutting interest rates next year.
Oil prices look set to end the year lower as demand weakness, particularly from China, prevails — but 2025 may bring an even steeper loss, with the possibility of a drop below $50 a barrel if the market sees a “perfect storm” of factors, including sharp economic declines in China and Europe.
The yen was diving on Thursday, but that probably won’t help revive the so-called carry trade.
Citigroup has published a timely piece looking at the history of Fed pauses during previous easing cycles, now that a January change looks remote
Trump’s initiatives to boost America’s artificial intelligence (AI) sector will help the Magnificent Seven technology companies continue surging in 2025, meaning the recent dip is just another opportunity to buy in
Bond yields put in a mixed performance in early trade on Thursday, after a big spike following the Fed’s more cautious outlook on rates.
“I have been reading about the idea of giving your children money when they need it the most, rather than waiting until you die.”
Lopez shared a series of social media posts of herself inside the property, and the pricey pad has been decked out for the Christmas season.
Stocks and bonds sold off after the Federal Reserve ended its policy meeting Wednesday with a new set of economic projections that pointed to a potentially slower pace of interest-rate cuts next year than previously forecast.
Shares of MillerKnoll Inc. slid after hours on Wednesday after the furniture maker trimmed its full-year profit outlook, citing “slower-than-expected macroeconomic improvements” and a housing market that continues to stay tight.
Heating and air conditioning equipment maker Lennox International Inc. is replacing contract drug maker Catalent Inc. in the S&P 500.
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