Articles

Weedmaps founders want to take the company private as cannabis sector runs into headwinds

Stock has doubled this year, but it’s still down sharply from its peak of nearly $28 a share in 2021.

C3.ai gets downgrade, as analyst cites concerns about subscription revenue growth

C3.ai Inc. was downgraded to underweight by KeyBanc Capital Markets Thursday, with the analyst firm citing concerns about the enterprise software company’s subscription revenue growth.

LongHorn Steakhouse leads sales gains for Darden while fine dining retreats

America’s taste for red meat over fine dining powered a healthy sales gain for LongHorn Steakhouse.

CarMax sold more used cars than expected as prices fell by about $1,100 each

CarMax’s stock surges toward a 2-year high as a drop in used car prices helped lead to a big sales beat.

Oil prices edge lower after Fed rattles markets

Oil futures edged lower Thursday, struggling for support a day after the Federal Reserve signaled it would go much slower in cutting interest rates next year.

Oil may ‘collapse’ below $50 a barrel in 2025 if this perfect storm hits the market

Oil prices look set to end the year lower as demand weakness, particularly from China, prevails — but 2025 may bring an even steeper loss, with the possibility of a drop below $50 a barrel if the market sees a “perfect storm” of factors, including sharp economic declines in China and Europe.

What the history of Fed pauses says about stocks and bonds after the market freak-out

Citigroup has published a timely piece looking at the history of Fed pauses during previous easing cycles, now that a January change looks remote

The big connection between the yen and tech stocks has been severed

The yen was diving on Thursday, but that probably won’t help revive the so-called carry trade.

Buy the tech stock dip ahead of Trump rally, popular analyst says

Trump’s initiatives to boost America’s artificial intelligence (AI) sector will help the Magnificent Seven technology companies continue surging in 2025, meaning the recent dip is just another opportunity to buy in

Treasury yields mixed after huge spike; Morgan Stanley says January Fed rate cut still possible

Bond yields put in a mixed performance in early trade on Thursday, after a big spike following the Fed’s more cautious outlook on rates.

‘I worked hard for my savings’: I’m 71 and a retired teacher. I want to give my kids money — but my daughter spends lavishly and my son is wealthy.

“I have been reading about the idea of giving your children money when they need it the most, rather than waiting until you die.”

Jennifer Lopez struts her stuff—still living in $68 million mansion she shared with Ben Affleck

Lopez shared a series of social media posts of herself inside the property, and the pricey pad has been decked out for the Christmas season.
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