KBW joins the ranks of analysts who see banks benefitting from a Fed rate cut.
Piper Sandler says investors are right to be excited about AI but thinks they should also consider potential consumer-spending risk.
Wendy’s Co. said Tuesday it has signed development agreements with franchisees in Ireland and Romania as part of plans to open hundreds of restaurants across Europe in the next decade.
“Must we agree to have this hanging over our heads that long?”
The move may include up to $25 million in expenses.
Oil futures lost ground early Tuesday after Hurricane Beryl appeared to leave Texas energy infrastructure with little damage.
The stock of Danish biotech Novo Nordisk was down 1.7% premarket Tuesday, after a study found that the company’s obesity drug Wegovy lags its main rival, Eli Lilly & Co. Inc.’s Mounjaro, in speed and magnitude of weight loss.
Investors better buckle up, because markets could be in for a wild week.
