Articles

Big investors find themselves underweight big tech as leadership narrows again, says JPMorgan

“I hardly have any communication with her.”

Billy Joel has placed the main residence of his Long Island estate on the market for $29.9 million—after deciding to sell the expansive property in pieces and slashing its price.

White House staffers have reportedly organized a telephone call between President Trump and Tesla CEO Elon Musk to keep Thursday’s public row from spiraling out of control.

Trump Media and Technology Group Corp. on Thursday said it had filed a registration statement for an exchange-traded fund that would directly hold bitcoin — the latest move into cryptocurrency by those in Trump’s orbit as his administration tries to deregulate the industry.

Broadcom edged past Wall Street’s expectations with its outlook for the current quarter on Thursday, but that wasn’t enough to lift its stock in the extended session.

Options traders piled into bearish bets on Tesla Inc. stock on Thursday at the fastest pace on record as a feud between President Trump and Tesla CEO Elon Musk escalated, causing the electric-vehicle maker to tally its biggest drop in market capitalization on record.

“Magnificent Seven” stocks have been storming back from this year’s lows but some have significant room to climb before achieving new records.

Lululemon Athletica shares slid after hours on Thursday, after the athleisure-wear maker cut its full-year profit outlook and offered a second-quarter forecast that came up short of Wall Street’s expectations.

The Trump administration has warned its major trading partners that it is going to get tough on what it views as unfair trading practices, though it held off labeling any nation a currency manipulator.

Silver rallied Thursday to tap its highest price in more than 13 years, with the industrial metal finally making a significant move to catch up to gold’s gains, pulling the gold-silver ratio down to its lowest level since the Trump administration’s “liberation day” tariff announcement.

Winnebago’s stock dropped after the RV maker issued a profit warning and said it was cutting jobs, as the Trump presidency hasn’t provided the retail momentum that was hoped for.