Tech giants to turn into ‘Lagnificent 7’ as U.S. exceptionalism peaks, say Bank of America strategists
The ”Magnificent Seven” grouping of tech stocks that have powered markets is set to start lagging the market, a team of strategists says.
The ”Magnificent Seven” grouping of tech stocks that have powered markets is set to start lagging the market, a team of strategists says.
Chevron touted “record production” as well as stock buybacks and announced an increase in its quarterly dividend.
Bond yields rose on Friday with investors paying attention to tariff news as key inflation data was set for release.
A rush on physical gold, thanks to President Donald Trump’s tariff threats, has fueled a rise in prices of the precious metal to fresh record highs.
Investors aren’t sure if President Trump will formally apply import penalties or not
One of the most powerful hedge funds on Wall Street has reportedly criticized the Trump administration for helping drive a frenzy around cryptocurrencies that could ultimately harm investors.
The Chinese AI that has taken the internet by storm is now available for application use through Amazon’s cloud, the U.S. company said.
”I kept my finances totally separate in my first 20-plus year marriage — and I’m going to do it differently this time.”
Between you-only-live-once retail traders, big corporates buying back their stock and retirement allocation demand, the bears never stood a chance, says a Goldman Sachs strategist.
Property records show that the 5,937-square-foot condo was placed on the market Jan. 10 for $7.75 million and the listing was removed a day later.
Shares of Vertex Pharmaceuticals Inc. surged ahead of Friday’s market open after the Food and Drug Administration approved the company’s non-opioid pain treatment.
The real star of the show was Apple’s services business, with revenue growth of 14% and gross margins of 75%.
Investors seeking refuge from market volatility may consider buffer ETFs that swap some stock-market gains for downside protection. But make sure you understand the trade-off before jumping in.
Walgreens has struggled as foot traffic at its stores dwindle and pharmacy business faces slimmer reimbursement rates on prescription drugs.
Visa saw 9% growth in spending volume during the December quarter versus 8% in the September quarter.
Sales of Deckers footwear brands Ugg and Hoka increased during the third quarter.
President Donald Trump offered fresh comments on Thursday afternoon about his threat to hit Canada and Mexico with 25% tariffs. His remarks weighed on stocks.
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The tragic accident involving an American Airlines regional jet and a military helicopter late Wednesday underscores how fatal crashes of passenger planes in the U.S. are rare, and “near misses” are also becoming rarer.
The company says some customers may have stocked up on product ahead of tariffs.