Articles

GDP in fourth-quarter raised to 3.4% due to stronger consumer spending

The final reading of U.S. growth in the 2023 fourth quarter was raised to a 3.4% annual pace, reflecting a surprisingly resilient U.S. economy.

Palantir’s ‘egregiously rich valuation’ draws downgrade to sell

Monness Crespi Hardt analyst cuts AI technology company’s rating to bring it ‘back to reality’

Oil prices bounce higher, on track for solid quarterly gains

Oil futures rose Thursday, on track for solid quarterly gains.

Walgreens books a $5.8 billion charge, sees challenging retail environment

Profit beat expectations by the widest margin in at least five years, but the stock fell as the full-year outlook was lowered.

Tesla has had a ‘nightmare’ first quarter amid weak China demand, says this longtime bull

Wedbush’s Dan Ives trims his stock-price target to $300 from $315 after a “perfect storm” of issues.

My wife and I owe $450,000 on a $1.2 million house with a 3.5% mortgage rate. Our payments will soon increase. Should we pay it off or invest in stocks?

“We are in our late 60s, in good health and we have a second home worth $900,000 that is fully paid for.”

A new product allows 5x leveraged bets on the Magnificent Seven. Traders should be wary.

Investors can now make turbocharged bets on or against the Magnificent Seven group of stocks due to the launch of an exchange-traded product offering five times leverage on the hot megacap technology sector. Of course, that doesn’t mean they should.

Baltimore bridge collapse could result in ‘one of the largest marine losses in history’: Lloyds of London CEO

John Neal said insurers will be liable to cover the costs of the crash that saw the Francis Scott Key Bridge collapse on Tuesday

It’s time to buy the next leg of the AI story. Think global, says Citi, offering these stock picks.

Citigroup analysts are greenlighting the next round of AI stock buying, but say look beyond U.S. shores.

Home Depot acquires specialty trade distributor SRS for $18.25 billion

The deal could expand Home Depot’s market by $50 billion.

‘I have a physical disability’: My sister and I will inherit our mother’s house, but it’s miles from anywhere. Should I force her to sell?

“I’d like to have a nest egg of my own for the future as I will need to pay for private care or for a senior-living center.”

Spirent turns back on Viavi in backing Keysight’s $1.46 billion takeover bid

London listed Spirent Communications called on shareholders to back Keysight Technologies’ takeover plan
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