Articles

Interactive Brokers accepts $48 million loss tied to NYSE glitch

Some investors who tried to buy shares of Berkshire Hathaway Class A stock during a New York Stock Exchange Trading glitch earlier this month were horrified to learn that their orders had been filled at full price — not the more than 99% discount they had been expecting.

Investors snap up FedEx bonds after strong earnings, strategic review of freight business

FedEx Corp.’s outstanding bonds saw net buying out of the gate on Wednesday, in a positive response to the company’s better-than-expected fiscal fourth-quarter earnings and news of a strategic review of its freight business.

If you haven’t moved to a high-yield savings account, half the country is beating you

Are you getting less than 1% or more than 5%? Do you even know?

The most popular asset in retail investor portfolios? Cash

The S&P 500 index is up over 14% year-to-date, while the Nasdaq Composite is up 18%, but retail investors still think cash is king.

New-home sales plunge to lowest level since November

New home sales at 619,000 annual rate in May versus 640,000 in prior month.

Lineage files IPO as the largest global temperature-controlled warehouse REIT in the world

Chilled storage specialist was founded in 2008 by two Morgan Stanley veterans.

FedEx cost cuts are delivering results, and potential freight spinoff is ‘tantalizing’: analysts

FedEx has placed its freight business under strategic review, the company said when it reported fiscal fourth-quarter results Tuesday.

Why stocks could see a 10% pullback later this year

Both the S&P 500 and Nasdaq Composite have seen a remarkable record-setting run so far in 2024, even as some corners of the stock market have continued to struggle. But trouble may lurk in the back half of the year.

Why Tesla’s newest stock-market bull says the company is simply without peers

A Stifel analyst says legacy carmakers don’t have the EV know-how to adequately compete with Tesla.

Technical analyst Tom DeMark says a temporary peak on S&P 500 could be triggered next week

Closely followed technician Tom DeMark says a months-long uptrend in the stock market is likely about to hit a temporary peak before a fresh run at a new high.

Whirlpool’s stock rallies as report emerges that Bosch may try to buy the appliance giant

With a market cap of about $5 billion, Whirlpool would represent a major deal for Bosch.

Rivian’s VW partnership seen as ‘game changer’ for the company’s prospects

Rivian Automotive Inc. drew praise from at least two analysts on Wednesday as its stock rallied in premarket trades on the electric vehicle maker’s joint venture with German care giant Volkswagen.
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