Articles

This fund sees big rise for Apple’s stock after timely bet that it’s no AI loser

Even with Apple’s big recent move higher, managers at Third Point are sticking with their bet on the stock, noting “room for significant upside ahead.”

5 things you need to know about COVID, flu and RSV vaccines this fall

New and updated vaccines, revised recommendations on who should get certain shots, and accessibility challenges: They’re all part of a shifting fall immunization landscape as the country heads into respiratory virus season. 

Gold gets a boost from expected Fed interest-rate cuts, new focus on jobs

Gold got a fresh boost, with prices ending Friday near an all-time settlement high after Federal Reserve Chair Jerome Powell expressed some concern over a softening in the labor market and signaled that the central bank will soon start cutting interest rates.

If you bought DJT stock after Trump clinched the nomination, you were already too late

Losses over the past several months show DJT was a trade — not an investment.

Workday follows Salesforce’s lead — and it could spur the stock’s best day since 2022

Workday is pivoting more toward profitability during a tougher growth period for back-office software.

Fed chief signals in Jackson Hole that weak August jobs data would punch ticket to half-point rate cut

Chair Jerome Powell strikes dramatic rate-cut tone cuts while keeping all options on Fed’s table.

Whoops! You missed the gold boom.

If you think your stocks have been doing well this year, look at gold.

Peloton’s stock has rallied too much to justify buying any more, analyst says

Peloton’s stock followed a record rally with another gain on Friday, but J.P. Morgan recommended investors stop buying because although quarterly results were encouraging, the outlook remains too uncertain.

This mortgage lender is gearing up for soaring volume as interest rates decline

Also: Powell’s dovish words, income investments and more trouble for the Moneyist.

Powell’s Jackson Hole comments put mortgage rates on downward path to 6%, economists say

Federal Reserve Chair Jerome Powell on Friday signaled a willingness to cut interest rates, which will likely push mortgage rates down in the near term, economists say.

New-home sales surge to highest level since May 2023

Sales of newly built homes in the U.S. surged unexpectedly in July, as home builders saw a bump in demand due to falling mortgage rates.

These Treasurys are a hot ticket for investors in 2024

The Federal Reserve is preparing the first rate cut in four years, but that isn’t scaring individual investors away from T-bills and Treasury notes, BofA Global said.
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