Yields on long-dated Treasurys drifted higher on Monday as traders bet that the Federal Reserve would deliver at least one more jumbo interest-rate cut by the end of the year.
“Do the international investors, the people who are getting rich off globalization, the people who have gotten rich from shipping our manufacturing base to China, the people who have gotten rich from a lot of wars — do they try to take down the Trump...
Palantir’s stock has outperformed the S&P 500 by a wide margin in recent years, but Raymond James has concerns about the stock’s valuation.
While more customers are doing their banking online, bank branches are still being added and renovated for customers to meet in person with bankers.
Shares of Microsoft Corp. leaned lower in early Monday trading, after D.A. Davidson’s Gil Luria became one of the rare Wall Street analysts who isn’t enthusiastic about the software giant and artificial-intelligence play.
Two top Federal Reserve officials on Monday said that they don’t think the labor market is weakening dangerously — but the risk of further softening called for last week’s half-point cut in the policy rate.
StandardAero, which was founded in 1911, serves commercial-aerospace, military and helicopter, and business-aviation clients with about 7,300 employees working at more than 50 facilities across the globe.
One analyst notes that Intel’s situation doesn’t seem dire enough for the company to settle for a “fire sale.” Plus, Qualcomm could see Intel’s foundry assets as a headache.
