The head of Rolex SA said viewing luxury watches as investments is dangerous following a surge in interest from speculators during the pandemic. “I don’t like it when people compare watches with... Read more »
U.S. stocks ended higher on Friday, as investors digested a U.S. jobs report that showed hiring rose much more than expected in March while wage growth slowed. Despite Friday’s bounce, all three... Read more »
Wall Street’s three major indexes closed mixed on Friday to notch their best week of 2024 after the Federal Reserve stuck with projections for three interest rate cuts by year’s end and... Read more »
Donald Trump has sued two co-founders of his newly public Trump Media & Technology Group Corp., claiming they set the company up improperly and shouldn’t get any stock in it. In the... Read more »
U.S. stocks ended slightly higher on Thursday to notch another winning week as the closed out its strongest first quarter in five years. The benchmark index rallied 10.2% in the first three... Read more »
There are few things more exhilarating than watching a stock you own skyrocket. As the current poster child of vertical ascent, Nvidia stands unrivaled. If you have owned Nvidia, congratulations. What you... Read more »
U.S. stocks finished lower on Friday to suffer their second weekly loss in a row as investors weighed the outlook for interest rates amid renewed inflation fears. For the week, the benchmark... Read more »
Let’s see what historical macroeconimic data tells us about that. Since the U.S. is the lead economy, representing about 25% of the global economy in terms of absolute GDP in dollars, and... Read more »
U.S. stocks finished lower on Friday to close out a turbulent week as Nvidia’s monster rally took a breather, weighing on other AI-linked chip companies. The and both hit fresh record highs... Read more »
Stocks on Wall Street closed higher on Friday to notch another winning week as the climbed above the 5,100-point level for the first time in history amid an ongoing rally in mega-cap... Read more »
S & P 500 share repurchases could make a comeback in 2024 with the help of the Magnificent 7, according to Goldman Sachs. The firm estimates S & P 500 constituents will... Read more »
U.S. stocks finished higher on Friday to notch another winning week as the and both ended at new records amid an ongoing rally in AI-linked tech shares. For the week, the benchmark... Read more »
Reddit logos Dado Ruvic | Reuters Reddit’s initial public offering will include a quirk that allows some of its most active users to buy the stock. That could make the deal riskier... Read more »
Stocks on Wall Street closed lower on Friday to break their five-week winning streak as investors digested a hotter-than-expected producer price inflation report that added to fears the Federal Reserve is unlikely... Read more »
Shares of Arm Holdings have been on a rollercoaster ride since reporting earnings last week , posting three moves of 19% or more within the last six trading sessions. What’s driving these... Read more »
Jeff Bezos has unloaded another 12 million shares of Amazon.com Inc. valued at $2 billion, bringing the total sold in the past week to more than $6 billion. He sold the latest... Read more »
Stocks on Wall Street closed higher on Friday to notch another winning week as the ended above the key 5,000-point level for the first time ever amid an ongoing rally in mega-cap... Read more »
GenZ fashion influencers aren’t the only ones trying to channel the 1990s these days. Investors likewise see plenty of current-day relevance in that decade of upheaval, renewal, technological acceleration and eventual excess.... Read more »
ISM Services PMI, Fed Speakers, and more earnings will be in focus this week. McDonald’s (NYSE:) is a buy with strong earnings due on Monday morning. PayPal (NASDAQ:) is a sell amid... Read more »