Articles

Schwab got millions of new customers by buying TD Ameritrade — now what?

Schwab closed its $26 billion acquisition of TD Ameritrade in late 2020, then spent more than three years moving millions of TD customers onto its platform.

These small-cap stocks score highest when screened for quality

Based on current index valuations and investor sentiment, David might beat Goliath again, with small-cap stocks outperforming large-caps, especially if selected for quality.

Why the AI ‘fever pitch’ around Apple’s stock is misplaced, according to UBS

With Apple shares up 38% from their April lows, a UBS analyst says “optimism is misplaced” as an iPhone supercycle may be hard to come by.

Northern Trust stock slides as higher expenses overshadow earnings beat

Northern Trust stock loses 5% of its value.

U.S. stock market’s 2024 rally gets ‘healthier’ as breadth broadens and small-caps soar

The U.S. stock market’s breadth is improving, a positive sign for the momentum of the rally so far this year, according to BofA Global Research.

Oil prices rise as U.S. crude inventories post a third straight weekly fall

Oil futures headed higher on Wednesday, on track to score their gain in four sessions, after official U.S. data revealed a third weekly drop in a row for commercial crude inventories.

U.S. Bancorp, Citizens Financial shares rise as positive bank sentiment continues

Upbeat sentiment toward bank stocks continued Wednesday as U.S. Bancorp and Citizens Financial Group both rose on mostly positive quarterly results.

Why Intel’s stock is bucking the semiconductor sector’s worst selloff since 2022

Intel and GlobalFoundries could benefit from potential semiconductor-industry restrictions on China and Taiwan.

This major Treasury market shift could signal serious pain ahead for stocks

An inverted Treasury yield curve is supposedly a harbinger of recession. Does this mean that, when the curve un-inverts, it is tantamount to the market sending the all-clear signal?

Adidas lifts guidance and shares climb, partly thanks to the hottest shoes in Paris

Adidas shares climbed on Wednesday after the sportswear maker lifted guidance, a reprieve in the world of retail, where a steady stream of downbeat news has been dogging the sector lately.

Waller says Fed getting closer to cutting interest rates as inflation slows

Federal Reserve Gov. Christopher Waller said the central bank is “getting closer to the time when a cut” in interest rates is warranted, but he still wants more evidence that inflation is slowing before he’s ready to move.

Fed’s Barkin wants to move ‘deliberately’ on interest rates

Richmond Federal Reserve President Tom Barkin said he wanted to “proceed deliberately” on interest-rate moves because it was uncertain how much the current level of interest rates was slowing the economy.
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