The recent weakness of bitcoin could signal an imminent correction of the S&P 500 in the summer, as the two assets often trade in tandem.
“It’s the old ‘buy the rumor, sell the news’ adage,” says a market source.
The U.S. stock market’s rally is facing a test that begins this week with company earnings.
AMC’s CEO touted visitors to the movie-theater chain this weekend — as well as purchases made for merchandise.
Jim Stoeffel and Brendan Hartman of Royce Investment Partners have a “picks-and-shovels” approach to AI-based computing infrastructure.
Nvidia’s stock is staging a sharp rally on an upbeat day for the chip sector.
The German company said the penalty “for alleged anti-competitive” violations could could ultimately exceed €400 million ($433 million),
Lucid’s stock rallied Monday, after the electric-vehicle maker reported a big jump in deliveries in the second quarter.
