Articles

Apple stock looks expensive vs. the rest of the ‘Magnificent Seven’

Apple's stock had a very good run in 2023, but it is starting 2024 with looming issues that make it look like an expensive buy for investors.

Financial markets may be overlooking ‘one remaining ember’ that could reignite inflation

Investors confident about the likelihood of easing U.S. inflation may be failing to put enough emphasis on one key component of last Friday's surprisingly strong jobs report for December.

Fallout from Red Sea attacks could boost this sector’s margins, says T.D. Cowen

A long detour around the Cape of Good Hope could benefit companies such as FedEx and UPS.

American Airlines stock gains altitude on Morgan Stanley upgrade after a ‘decent’ holiday season for carriers

American Airlines Group Inc. stock gained altitude on Monday after the carrier drew an upgrade from Morgan Stanley as part of the investment bank's fourth-quarter earnings outlook for the sector.

Samsung unveils world’s first transparent MicroLED display at CES

Samsung Electronics Co. on Sunday unveiled at CES 2024 the world's first transparent MicroLED display.

Investors should expect easier financial conditions this summer, says BofA Global

In addition to rate cuts, the Fed is expected to stop shrinking its balance sheet.

Good news for tenants: Rents have fallen for three months in a row

Rents fell in most of the largest cities, due to an increase in new apartments being constructed, reports say.

Nvidia dives deeper into AI drug development with Amgen, Recursion partnerships 

Nvidia is doubling down on artificial-intelligence-powered drug discovery and development, announcing expanded partnerships with Amgen and Recursion Pharmaceuticals.

Bank of America to take $1.6 billion noncash charge as it transitions away from BSBY index for lending

Change is related to the global phase-out of the Bloomberg Short-Term Bank Yield Index,

Tiger Woods and Nike part ways after 27 years

Woods, who earned more than $500 million from the sportswear company, was one of Nike's most prominent signature athletes for more than two decades.

Which airlines fly the 737 Max 9?

United Airlines, Alaska Air and Aeromexico have the jets, but American and other big carriers don't.

Why Spirit AeroSystems’ stock is falling on the 737 Max 9 news

Spirit AeroSystems' stock took a dive Monday as investors took the aircraft-components maker to task for its part in the grounding of Boeing Co.'s 737 Max 9 planes. Shares of other commercial aerospace companies were also falling.
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