Articles

SpaceX set for historic Polaris Dawn launch, first commercial spacewalk

Polaris Dawn will transport 36 experiments into space and spend up to five days in orbit. The mission’s research aims to advance both human health on Earth and the understanding of human health during future long-duration spaceflights.

Schwab’s stock dips as TD Bank reduces its stake by $3.4 billion

TD Bank sold 40.5 million shares of Schwab’s stock.

The market is already maximally bearish on the dollar, Barclays says

The U.S. dollar may be under pressure, but an extended decline is unlikely given structural support and because the market is already “max bearish,” according to Barclays.

As Nvidia earnings approach, this is the ‘wildcard’

There’s been a lot of talk about potential delays for the new Blackwell chip lineup, but a more immediate question centers on supply constraints for the Hopper line.

Why is the U.S. Treasury blocking the Fed’s effort to fight inflation?

U.S. Treasury’s debt issuance has effectively offset all of the Fed’s 2023 interest-rate hikes.

After Powell gives his Jackson Hole speech, the markets may wish they’d never heard it

The Fed’s rate-cut timeline could disappoint stock and bond investors.

Jobless claims edge higher, but layoffs still low even as labor market cools

The number of Americans who applied for unemployment benefits last week rose slightly to 232,000, but it was another low reading that signals few people are being laid off even as jobs become harder to find.

Viking’s stock dips as cruise operator’s earnings fall short of target

Investors shrug off upbeat sales comments.

BJ’s stock falls as revenue rises, but misses Wall Street estimates

BJ’s summed up the results as “strong” due to “robust membership, accelerating traffic and unit growth, and a fast-tracking digital business.”

Deep dive into unemployment rate shows why this spike is unique

A new report from investment manager ClearBridge took a deep dive into labor-market data, and found that the economic picture isn’t as gloomy as perhaps it looks.

Oil steadies after demand fears spark slide to 7-month lows

Oil futures edged higher Thursday, consolidating after ending the previous session at their lowest since January, following revised U.S. jobs data that stoked worries about the outlook for crude demand.

Peloton ends streak of revenue declines, sending its stock soaring on earnings

The connected-fitness company also beat bottom-line expectations for the latest quarter.
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