Articles

Call Japan rally the ‘end of deflation’ market, says JPMorgan strategist

The current bull market that has seen the end of Japan’s lost three decades should be called the “end of deflation” market, says JPMorgan’s top Japan strategist.

Retirement balances are at their highest in nearly two years, with 20% jump in 401(k) millionaires

Retirement account balances hit their highest levels in two years amid improved market conditions and consistent savings rates, according to Fidelity Investments.

Bitcoin rallies to highest level since November 2021 as investors eye record high

Bitcoin on Monday rallied to the highest level since November 2021.

Li Auto shares gain 20% in Hong Kong after big earnings beat, solid 2024 outlook

Li Auto’s shares rose sharply in Hong Kong after the Chinese electric-vehicle maker roundly beat earnings expectations with jumps in quarterly profit and revenue on the back of rising demand for its SUVs and other cars.

Super Micro’s stock price may already fully reflect the AI boom — but even that still has legs

Shares of Super Micro Computer Inc., the once little-known server maker that has rocketed higher over the past year, may already fully reflect the company’s ability to cash in on the artificial-intelligence craze.

Fed is ‘not out of woods’ on inflation, new regional bank president says

The battle against rising prices is not over, one of the newest top Federal Reserve officials said Monday.

Hims & Hers’ stock jumps on hopes of first profitable year, as it floats opportunities in weight loss

Shares of Hims & Hers Health Inc. rallied after hours on Monday, after the online wellness platform said 2024 would be its first year of positive net income and forecast first-quarter and full-year sales that were above expectations.

Broadcom CEO Hock Tan made $161.8 million in compensation last year

Broadcom’s Chief Executive Hock Tan made over $160 million last year, mostly in stock awards.

AT&T customers say a $5 credit for a massive cellphone outage is ‘a joke.’ Legally, they’re not owed anything.

There are no rules requiring cellphone carriers to reimburse customers for outages, one consumer advocate told MarketWatch.

Alphabet’s stock has weathered past AI missteps. Is latest blunder different?

Wall Street currently appears worried about the fallout of an image-generation feature within the Gemini chatbot.

Expedia to cut about 1,500 jobs

First employees affected getting notified on Monday, online travel company says.

Unity’s stock sheds nearly a fifth of its value as earnings, forecast underwhelm

Unity shares were tanking in late trading Monday after the app-monetization company whiffed with its latest results and forecasts.
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