Articles

Momentum stocks are outperforming S&P 500 by widest margin since 2008. Investors should be concerned.

Momentum stocks are coming off their best stretch of outperformance in years — since just before the financial crisis, in fact. That’s making some investors nervous.

Viking Therapeutics’ positive results for oral weight-loss drug has analysts backing buy ratings

Data from a Phase 1 trial is the latest bullish news from the biotech that may offer cheap entry to weight-loss mania.

Why an early Easter could cost retailers $1.6 billion this year

Easter sales will total $22.4 billion in 2024, according to the National Retail Federation — a 7% decline from last year.

AI-powered fraudsters are overwhelming bank defenses, Treasury report says

U.S. banks are struggling to keep up with evolving artificial-intelligence technology that has enabled fraudsters to easily impersonate customers and spread malware using AI-generated text, according to a report published Wednesday by the Treasury Department.

S&P issues negative outlook on five U.S. regional banks due to office space exposure

Higher office space vacancies trigger rise in criticized and modified loans, as a maturity wall looms

Merck’s stock rallies toward a record after FDA OKs arterial-hypertension drug

Merck’s stock rallied into record territory Wednesday, after the drug giant’s treatment for pulmonary arterial hypertension, Winrevair, was approved by the U.S. Food and Drug Administration.

How has this $25 billion fund beaten the S&P 500? Patience — and preparing for ‘the next big thing’

Tech stocks have been on a wild ride over the past few years, but the Franklin DynaTech Fund has performed very well over long cycles. Here’s how it might get in early on another transformational business cycle.

Boeing is paralyzed, and this failing by its executives and directors is to blame

The problem isn’t a lack of controls, visibility or knowledge. It’s the lack of innovative thinking.

Reddit IPO is telling stock investors what they should know about the market now

A growing ‘wall of worry’ that U.S. stocks are entering a period of irrational exuberance.

Amazon and other tech giants can’t afford to lose power — so they’re making it

Traditional utilities are no match for upstart rivals seeking fast growth.

Housing market frozen as home buyers ‘hold out’ for lower mortgage rates

Mortgage applications dipped 0.7% in the last week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 6.93%.

This was a hot and promising sector for 2024. That’s over for now, says this strategist.

Much chatter has been devoted to what’s needed for the U.S. stock market rally to continue this year. A big one on the to-do list? Seeing gains spreading beyond the “Magnificent Seven” tech stocks, which themselves have not been moving in tandem.
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