The new highest price target for Nvidia’s stock implies 21% upside from Friday’s close, but the most bullish targets for numerous other chip stocks suggest more room to run.
AMC Entertainment Holdings Inc. said Monday that its theaters just had their best weekend of the year in terms of moviegoers, but that didn’t stop the company’s shares from dropping in sympathy with those of fellow meme stock GameStop Corp.
Stock-market investors seem to be clamoring for rate cuts from the Federal Reserve, although the S&P 500 has been on a record-breaking run even without them. History shows investors should be careful what they wish for.
The strength of the U.S. economy relative to the rest of the world postpandemic has convinced some bullish investors that the country’s stock market will keep outperforming other global benchmarks. But some economists suggest otherwise.
Concerns are being raised about how well the so-called carry trade in currencies can do after the foreign-exchange market was rocked earlier this month by Mexico’s election results.
A major shakeup is coming to a popular tech-sector exchange-traded fund.
The newest federal holiday will see many closures.
The chief of the Philadelphia Federal Reserve on Monday said one reduction in interest rates “would be appropriate by year’s end” based on the current trajectory of inflation and the U.S. economy.
