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Consumer credit posts small increase as Americans cut back on credit-card purchases

The amount of credit U.S. consumers used in September rose a scant 1.4%, but the increase was tied mostly to student loan as Americans scale back on borrowing.

Toast’s stock soars 26% after company swings to profit and revenue beats estimates

Toast Inc.’s stock soared in after-hours trade Thursday, after the digital-payment platform for restaurants posted better-than-expected revenue for the third quarter, offsetting a profit miss.

Trump’s win and the Fed’s rate cut are giving the stock market an open road

S&P 500 races ahead, and opportunities surface in solar power and crypto.

Lucid opens its order books for Gravity SUV, calling it a ‘landmark’ EV

Lucid to start taking orders for its Gravity SUV and says its financial runway is wide open through 2026.

Block offers a glimpse of what to expect next year, but its stock slides

The parent company of Square and the Cash App expects to keep expanding operating margins into 2025.

S&P 500 in a ‘mania’ as stock-market rally overshoots, says Wall Street bear

One of Wall Street’s last remaining bears warned Thursday that the S&P 500 is approaching “mania” levels as stocks become more expensive, setting up the potential for a further surge in the near term followed by a painful pullback.

Upstart’s return to ‘growth mode’ helps send the AI lending stock higher

Loan volumes picked up 43% on a sequential basis.

Virgin Galactic building the foundation for strong future profitability, KeyBanc says

Virgin Galactic Holdings Inc.’s progress toward its new class of spacecraft bodes well for the company’s future profitability, according to KeyBanc Capital Markets.

JPMorgan may be ‘best in class’ but it’s time to take profits, analyst says

Baird’s David A. George downgrades megabank to underperform because it’s “more than fully priced” at recent levels.

The bull market is ‘still an infant’: Why Evercore sees the S&P 500 at 6,600 by mid-2025

The stock-market rally still has room to run, as Donald Trump’s stunning comeback for the White House and a potential Republican sweep in Congress may propel the S&P 500 to 6,600 by mid-2025, according to Evercore ISI Research.

Stock-market bulls rely on 2016 ‘Trump trade’ playbook — but 2024 is very different

Investors relying on the 2016 “Trump trade” playbook ignore a very different 2024 backdrop for the economy and markets at their peril, a strategist warns.

Papa John’s stock falls as same-store sales hurt by still-cash-strapped consumer

Pizza chain says it’s still operating in a challenging consumer environment.
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