Articles

Why Apple’s doubters might be getting the stock wrong again, according to BofA

Investors have found plenty of reason to sour on Apple shares lately, but BofA explores whether they’re underestimating margin potential.

Powell’s printer went brrrr. Kashkari goes grrrr. And WallStreetBets has a new bogeyman.

Neel Kashkari is now the object of scorn on Reddit’s message board.

Fed’s Williams sees inflation falling ‘closer to’ 2% target by next year, despite recent ‘bumps’

“I expect inflation to continue its gradual return to 2%, although there will likely be bumps along the way, as we’ve seen in some recent inflation readings,” Williams said Thursday.

Jobless claims retreat again to 211,000 in another sign of labor-market strength

New unemployment filings are extremely low

Beer sales helped Constellation Brands, but wine and spirits revenues stayed weak

The parent company of Corona and Modelo beers cites nearly 11% net sales growth from its beer business as positive highlight

Zimbabwe’s new currency, the ZiG, is on a roll

Zimbabwe’s fledgling new currency has steadily gained since its launch on Monday.

ECB holds rates as focus turns to Lagarde press conference and cut outlook

The European Central Bank on Thursday kept rates on hold with the market expecting a reduction at its next meeting in June.

Vertex Pharma’s $4.9 billion takeover of Alpine Immune expected to boost its rare-disease portfolio

Vertex Pharmaceuticals Inc.’s acquisition of Alpine Immune Sciences Inc. makes strategic sense and will bolster the company’s rare-disease franchise, analysts said Thursday.

CarMax’s stock drops after it misses analyst estimates for net income and revenue

CarMax cited economic uncertainty as it extends its long-term sales target of 2 million units a year.

Surging Treasury yields sink stocks — but here’s an unusual market twist

A sharp rise in Treasury yields sinks stocks, but moves below the surface so far aren’t in line with the typical pattern, says a top Wall Street technician.

Why Amazon CEO Andy Jassy says the company is especially suited to win in AI

It’s no surprise that AI got prominent mention in Amazon CEO Andy Jassy’s lengthy annual shareholder letter.

These in-the-know investors are more bearish than they’ve been since 2014

Corporate insiders are selling far more of their shares than buying.
1 1,445 1,446 1,447 1,448 1,449 2,483