Articles

Goldman Sachs now sees first U.S. rate cut in June, just four in total for 2024

Goldman expects rate cuts in June, July, September and December, followed by four more in 2025, versus just three previously.

How Carvana caused a Wall Street whiplash, as the stock rockets to a 2-year high

The stock’s big rally reflects how stunned many were about record profit by one measure and upbeat outlook.

Here’s why Citi analysts think banks will handle commercial-real-estate exposure

While commercial real estate loan delinquencies will increase, the $39 billion that banks have already set aside to cover losses should be enough to cover any impact to the system.

DraftKings benefits from a ‘gift that keeps on giving.’ Its stock has a new fan.

DraftKings’ stock picked up an upgrade at Barclays, with the analyst cheering potential in online casino games and parlay bets.

DWAC updates SEC filings to reflect new risk factors in plan to buy Trump Media & Technology Group

The SPAC says new risks have emerged in its effort to buy Trump’s social-media company.

Two years after Ukraine invasion, the corporate fight against Russia continues

The actions of major corporations are key to isolating Russia and helping rebuild Ukraine

Block’s stock heads for best day in 15 months as it’s now attractive in a new way

Judging by the sharp rally in Block shares, you could say it was a blockbuster quarter for the Square and Cash App parent company.

Bloomin’ Brands’ adjusted Q4 profit beats estimates but it lowers its Q1 view on impact from bad weather

Owner of Outback Steakhouse and Carrabba’s Italian Grill says winter took a bite out of same-store sales in early 2024.

Oil prices down as Fed officials continue to push back on timing of rate cuts

Oil futures are on track for weekly declines.

‘AI bubble is not in trouble.’ History shows Nvidia’s blistering post-earnings rally won’t fade, says Citi.

A new study from Citigroup finds that even when large cap stocks rally hard into earnings, they tend to keep on rising, meaning Nvidia investors may get to keep those gains.

Nio’s stock falls after analyst’s call to sell as competition intensifies

J.P. Morgan slashed its price target by more than 40% as concerns over slowing sales momentum grow.

Dan Loeb, in a deleted post about Biden’s economic stewardship, likens him to Mr. Magoo

Third Point founder and chief executive Dan Loeb, in a colorful way, isn’t a believer that the current economic growth will be sustained.
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