Articles

: AMC stock snaps its longest losing streak in 18 months

AMC’s stock ended Monday’s session up 0.9%, snapping a seven-day losing streak.

The Tell: The stock market is headed for a big first-half gain. What history says that means for the rest of 2023.

Investors may have reason to be even more optimistic about the next six months, said Fundstrat Global Advisors' founder Thomas Lee.

Earnings Outlook: Does Nike have too many sneakers? Its financial results could tell us whether shoes will get cheaper.

Are stores getting more desperate to sell shoes? Results from Nike Inc. on Thursday will likely provide part of the answer.

: Snowflake expands Microsoft partnership to bring generative AI to its data cloud

Snowflake said Monday it was expanding its partnership with Microsoft to bring generative AI to its Data Cloud product.

: Google wins another Supreme Court decision, this time over song lyrics

The decision could have far-reaching implications for copyright laws, online speech and aggregation.

: There’s a surprising link between the pandemic housing boom and Great Resignation, researchers say

Blame rising home prices for the Great Resignation, a new study suggests.

The Tell: Russia’s Wagner Group mutiny sparked White House scramble to shore up oil supplies, analyst says

The short-lived mutiny by Russia's Wagner Group paramilitary over the weekend sent Biden administration energy officials scrambling to shore up crude supplies, a top commodities analyst says.

: Weight-loss drugs in development aim to replace injections with pills

Promising results for weight-loss treatments that could compete with Ozempic and Wegovy, along with new screening recommendations for fatty-liver disease, emerge from diabetes conference.

In One Chart: HELOCs are back. Cash-strapped borrowers are tapping into a $33 trillion pile of home equity.

Home-equity lines of credit and second-lien mortgages are staging comebacks as homeowners to monetize the pandemic surge in home prices, BofA says.

The Ratings Game: Banks face yet another risk, this time from faster payments, Moody’s says

A forthcoming Fed initiative to speed payments could give consumers and businesses more flexibility but bring further risk for banks, according to Moody's.

Earnings Outlook: Micron is ‘at the bottom of this deep downturn,’ but ‘China complicates the recovery plan’

Having plowed through the worst quarter in its history, Micron sets sights on a recovery, but inventory problems have given way to a China ban.

Key Words: Elizabeth Warren: ‘President Biden has the legal authority to cancel student-loan debt’

The Supreme Court is set to make a decision on whether the Biden administration’s plan to cancel student-loan debt is legal. One U.S. senator calls for urgency.
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