Articles

Buy Tesla’s stock ahead of these ‘significant’ positive catalysts, analyst says

Tesla’s stock has been on a tear in September, and Baird analyst Ben Kallo expects more gains are to come after the electric vehicle giant reports deliveries data next week.

Merck says trial of combination treatment for colon cancer failed to meet main goal

Merck & Co.’s said a late-stage trial of its blockbuster cancer drug Keytruda in combination with favezelimab failed to meet the main goal of overall survival (OS) as a treatment for a type of colon cancer.

China stimulus plans spark a commodities rally, but a soft landing still isn’t a sure bet

Commodity prices have climbed this week, with oil, silver, and copper among the more recent standouts, buoyed by China’s stimulus measures, but traders should be wary about the outlook for the sector until they see evidence that the global economy will avoid a hard landing.

Trump social-media stock ‘DJT’ rises as insiders hold on to their shares

Trump Media & Technology Group Inc.’s stock was up nearly 7% in premarket trading on Wednesday as a two-day deadline passed with no fresh filings from insiders selling stock.

A wave of retail investor cash may hit the stock market when interest rates reach this level

Brokerages are sitting on something that could help fuel a rally in the stock market — piles of uninvested cash.

Refinances surge 175% from a year ago, as mortgage rates remain at a 2-year low

Mortgage applications rose 11% in the last week, the Mortgage Bankers Association said.

Oil prices pull back as optimism over China stimulus plan fades

Oil futures traded modestly lower early Wednesday, pulling back from strong gains seen the previous session amid a broad commodity rally sparked by China’s announcement of an aggressive monetary stimulus plan.

Companies with high labor costs should benefit as job market slows. Some names are surprising.

The flip side of a labor market deteriorating is that wage pressure on profit margins ease. Here are companies that benefit.

Benchmark Treasury yields hit three-week highs as traders eye PCE inflation data

Bond yields rose amid hopes the U.S. economy is enjoying a soft economic landing despite the Fed completing a monetary policy tightening cycle.

Nelson Peltz’ activist fund Trian Partners takes seat on Rentokil’s board

Trian Partner’s Brian Baldwin has been appointed to Rentokil Initial’s board, just weeks after its share price plunged 18% on a profit warning about its North American business

Credit-card APRs are already dropping. But this quick trick can save you ‘way more’ on payments.

American Express and U.S. Bank are among the major issuers that have already lowered rates on some cards following the Fed’s big rate cut.

Chinese stocks extend gains after Beijing’s stimulus bazooka

Chinese stocks on Wednesday extended their rally triggered by Beijing’s stimulus bazooka, though optimism elsewhere in the region could not be sustained
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