Articles

MicroStrategy’s stock could do something it hasn’t done in 24 years as bitcoin surges

MicroStrategy’s stock surges toward a fourth-straight record, and fourth-straight double-digit gain, as bitcoin continues march toward $100K.

Oil prices climb 2% on further escalation in Russia-Ukraine missile exchange

Oil prices were surging over 2% on Thursday morning after Ukraine claimed that Russia launched an intercontinental ballistic missile in what would be the first use in war of a weapon designed to deliver long-distance nuclear strikes.

BJ’s stock rises on first membership fee increase in seven years

BJ’s Wholesale Club Holdings Inc. will make its first membership fee increase in seven years, the company said when it announced third-quarter results Thursday. The company’s stock is up 7.9% in premarket trades.

Jobless claims drop to seven-month low as the U.S. economy plows ahead

he number of Americans who applied for unemployment benefits last week fell to the lowest level in seven months, reflecting steady growth in the economy and the need for most businesses to remain fully staffed.

Philadelphia Fed’s manufacturing gauge shows activity contracted in November

Business index falls to -5.5 from 10.3 in prior month

Starbucks’ China business is struggling. Here’s how the company may give it a jolt.

Starbucks Corp. is seeking ways to boost its Chinese operations and may sell a stake in the business.

Temu parent’s stock tumbles after a big earnings miss as competition intensified

Temu parent PDD’s stock was sinking premarket after another disappointing earnings report, with profit missing expectations by the widest margin in nearly four years.

The S&P 500 is inflated by 25% because investors won’t focus on the fundamentals

A bull market rooted in earnings is far more solid than one riding on emotions.

Beware of the ‘Ponzi funds’ that are hiding in plain sight, says strategist

The rise of thematic funds leads to Ponzi-like situations, say researchers.

‘New playbook’ on Wall Street powers Goldman Sachs price boost, says analyst

Citi’s Keith Horowitz flags already-lofty valuation for Goldman’s stock, but says it could go higher amid deal optimism.

Inflation fears are back ahead of Trump’s second term. Why investors burned before aren’t eager to hedge against it.

A Treasury auction on Thursday could provide clues to the appetite for inflation-protected securities ahead of Trump’s second term

Deere’s earnings tumble but still blow past estimates as company offers soft guidance on weak demand

Deere & Co.’s stock rose 0.6% early Thursday, after the maker of agricultural and construction equipment blew past earnings for its fiscal fourth quarter, overshadowing soft guidance for fiscal 2025.
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