Articles

Israeli strikes on Iran’s ‘oil island’ could send crude prices soaring

What worries oil traders the most as tensions build in the wake of Iran’s missile attack on Israel is a potential disruption to the flow of crude in the Middle East — and when it comes to Iran, export terminal Kharg Island could be a key target for the Israel Defense Forces.

As Nvidia’s stock rises again, this stat shows investors aren’t overly bullish

The majority of active managers tracked by BofA have Nvidia positions — but the stock’s relative weighting in funds is still not aggressive, which could come as some relief.

Gen Z investors — and this surprising age bracket — are doubling down on tech stocks

A survey found that 68% of Gen Z and 55% of Silent Generation investors increased their positions in tech stocks in the third quarter.

‘A disaster for us’: How a carbon-credit pioneer allegedly stole millions of dollars by cooking the books

A program to distribute environmentally friendly stoves in developing countries turned into a scheme to steal carbon credits and bilk investors, prosecutors said.

Humana’s stock extends losses as BofA downgrades to sell on concerns about margin recovery

The health insurer has lost 24% in the week to data after it said the government is set to cut the rating on a large Medicare Advantage plan.

U.S. stocks’ remarkable 2024 run is likely to continue during the fourth quarter, history shows

U.S. stocks have had a remarkable run during the first nine months of 2024 — and if the past is any guide, it will likely continue over the next three months.

These consumer-staples stocks could take a hit from the port strike

The dockworkers’ strike could impact a number of names in the consumer-staples space, warns Bank of America.

This opaque, lightly regulated corner of Wall Street is growing by leaps and bounds. Some worry it will eventually deliver a shock to the financial system.

Millions of Americans have exposure to private credit, which often outpaces stock-market returns but also poses risks.

Mortgage rates rise amid geopolitical tensions and uncertainty over future Fed cuts

The 30-year mortgage rate is averaging 6.12%, Freddie Mac said in its latest weekly survey on Thursday.

Buffett’s actions imply you shouldn’t buy Bank of America stock above this price

Warren Buffett has sold Bank of America for 12 straight days, for the third time in less than three months, but the prices he sold the stock shows that’s not a coincidence.

Dick’s Sporting Goods hiring 8,000 seasonal workers — about 600 fewer than last year

Retailer plans to hold its “National Signing Day” event on Tuesday to recruit seasonal employees.

Treasury yields climb further after better-than-expected ISM services report

U.S. government debt continued to sell off Thursday morning, pushing yields higher, after data showed the economy’s services side grew last month and initial jobless-benefit claims revealed businesses remain reluctant to lay off workers.
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