Articles

The stock market is becoming a picnic for the bears

Failed rallies, oil-price weakness and strong sell-signals.

Sony and Apollo make $26 billion cash offer for Paramount: report

Sony Pictures and Apollo Global Management Inc. have submitted a $26 billion cash offer for Paramount Global.

Options traders ‘did not take Powell completely at his word’ on unlikely chance of a rate hike

Options traders continue to price in the decent possibility of another Fed rate hike, despite Jerome Powell calling such a move ‘unlikely.’

Beat Warren Buffett’s portfolio with this golden pick

Gold is not considered a respectable investment in polite circles, but maybe it should be.

Here’s how Carvana pulled off its ‘epic turnaround’

Wall Street lavished praise on Carvana Co.’s “epic turnaround” on Thursday following a surprise quarterly profit for the used-car retailer, which not too long ago had skirted close to bankruptcy.

Biden campaign to tap Silicon Valley donors at fundraiser hosted by billionaire VC Khosla

Biden has enjoyed a fundraising edge, but Trump has the lead in swing-state polls.

April jobs report expected to show 240,000 gain in U.S. hiring

Scattered signs of a slowdown in hiring suggest the April employment report could be a softer one, but Wall Street isn’t betting on it. Economists predict another large increase.

Mortgage rates increase for fifth week in a row, and home buyers ‘will likely not see relief’ anytime soon

The 30-year fixed-rate mortgage rose and averaged 7.22% as of May 2, according to data released by Freddie Mac on Thursday.

Shell to focus on share buybacks to boost stock over New York listing, CEO Wael Sawan says

Shell committed to a $3.5 billion share-buyback program after it beat expectations.

‘Is this 1980 or 2024?’: The housing market has déjà vu — but don’t expect a crash

High mortgage rates are a ride that many U.S. homeowners have been on before. Ditto soaring home prices.

Oil prices struggle for direction on rise in U.S. supplies, Middle East cease-fire talks

Oil futures saw mixed trading Thursday, with U.S. and global benchmark prices struggling for direction but on track to post notable prices losses for the week.

Micron, GM join Big Tech on this list of 20 biggest winners this earnings season

Companies in the S&P 500 increasing sales by double digits while improving profit margins also include Netflix, two home builders and American Express.
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