Articles

Market Extra: ‘Crowded’ tech trade? Investors still haven’t piled into these two big names.

Piling into tech stocks, especially those with AI connections, hasn't extended to all big names, says Citigroup.

: AstraZeneca to decarbonize U.S. footprint by turning cow manure into renewable natural gas

In a first for the pharma sector, AstraZeneca will tap renewable natural gas for its U.S. manufacturing sites by the end of 2026.

Deep Dive: The bull market has left these 20 companies behind, but they are primed for growth

Starbucks, Cigna and Enphase are among the companies expected to have strong sales through 2025 — even though they've been left out of the S&P 500's 8-month rally.

: Who do Americans consider wealthy? Plain old millionaires just don’t cut it anymore.

Americans’ perceptions of wealth have shifted over the past several years, according to a new Charles Schwab survey.

The Moneyist: Elon Musk is misguided about remote workers — and their ‘moral high horse’

Silicon Valley companies are doubling down on their efforts to get employees back to the workplace. 

Economic Report: Inflation slows again, CPI shows, and might keep Fed on sidelines

Consumer prices rose a scant 0.1% in May and could cement a decision by the Federal Reserve to "skip" an increase in interest rates.

Banking: Goldman Sachs is at war with itself: WSJ

Wall Street Journal article highlights tensions in the firm five years into the reign of David Solomon as CEO of the investment bank.

: AMC theater attendance spiked from major movie releases, research finds

AMC, Cinemark and Cineworld’s Regal Cinemas have enjoyed a foot traffic spike thanks to recent major movie releases, says Placer.ai.

Cannabis Watch: Uncle Arnie’s cannabis beverage startup lands backing from Boston Beer Co. founding partners and other big names

Uncle Arnie's lands prominent investors Harry Rubin and Lorenzo Lamadrid, who are founding partners of Boston Beer Co.; also former Ally CEO Michael Carpenter.

: Cathie Wood’s ARK dumps some Tesla, Nvidia stock while scooping up Meta shares

Cathie Wood's ARK Investment unloaded some shares of Tesla Inc. and Nvidia Inc. across several funds Monday, new disclosures showed.

Peter Morici: Biden and NATO’s weak stance toward Putin emboldens China, North Korea, Iran and Saudi Arabia

What happens in Ukraine could happen next in Taiwan. It’s high-time NATO went on an aggressive footing. writes Peter Morici.

Need to Know: Apple’s stock is no longer worth buying after reaching a record, UBS says

On the heels of Apple busting out a new record high, UBS is warning clients that weakening economies will crimp spending on iPhones.
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