Articles

Ether spot ETFs: SEC’s Gensler has a legal trick up his sleeve to keep them off the market

Approval of an ether futures ETF doesn’t guarantee a spot product will be approved.

Four years after COVID-19 lockdowns began, these household-name stocks still haven’t recovered

Delta, Boeing and Hasbro are among the postpandemic laggards.

Shake Shack hires CEO from Papa John’s after its stock lagged the pizza chain for a half-decade

Shake Shack is a bigger company, but it’s stock has not measured up to Papa John’s

Inflation has hit these cities the hardest. That has ‘substantial political implications,’ analyst says.

Cities experiencing more significant inflation typically have undergone rapid population growth, leading to an increased demand for goods and services, an analyst said.

Aging-in-place may be a luxury you can’t afford

Cost of in-home care soars by double digits in just a few years

Mortgage rates tick up after Fed holds interest rates steady

The 30-year mortgage rate is averaging 6.87%, Freddie Mac said in its latest weekly survey on Thursday.

Accenture touts AI growth, but stock sinks as outlook is cut due to demand shift

Accenture investors were having their worst day in four years on Thursday, after the management consultant cut its full-year earnings outlook as clients pull further bank on spending and as corporate decision-making continues to get delayed.

Justice Department sues Apple for iPhone antitrust violations

The lawsuit accuses Apple of using its dominant position in the market for smartphones and related applications to prevent customers from switching phones or using non-Apple products in conjunction with the iPhone.

Wall Street’s biggest bull renews call for small-cap stocks to rise 50% in 2024

Small-cap stocks are poised for big outperformance in 2024, according to one of Wall Street’s biggest bulls.

Cannabis stocks fall but hold on to big gains from the week on brighter federal reform prospects

Canopy Growth is up 49% in the past week, while Verano is up 18% during the same period.

‘Keep buying the S&P 500,’ says Wall Street’s most bullish bank — hikes year-end target to 5,500

“U.S. exceptionalism” will drive the gains, says Societe Generale.

Economy grows more slowly and inflation picks up in March, S&P finds, but businesses optimistic

Businesses hired more people in March in anticipation of stronger growth later in the year.
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