Articles

Why the stock market selloff could be bad news for Kamala Harris

Stock performance in the three months prior to Election Day is predictive of presidential outcomes.

Nvidia, Apple propel ‘Magnificent Seven’ toward $650 billion market-cap wipeout

“Magnificent Seven” companies have lost a combined $1.28 trillion in market cap over three sessions.

Momentum traders appear to be on the wrong side on all their crucial bets

It’s been a difficult few months for the trend followers.

Economy still growing, ISM finds, in counter to fresh recession talk

The service side of the economy in which most Americans work rebounded sharply in July and countered the growing view that the U.S. might be tipping closer to recession.

Thoughtworks’ stock rallies after announcing $1.75 billion takeover deal

Shares of the Chicago-based computer-services company notched double-digit gains despite broad market weakness.

Tyson Foods cites ‘positive turnaround’ as it beats analyst estimates for profit and revenue

CEO Donnie King said the company’s “disciplined actions and focus on the fundamentals have resulted in a positive turnaround of our business.”

As volatility is now rising, this stock draws an upgrade

CBOE’s stock rose Monday, bucking the sharp selloff in global stock markets, as J.P. Morgan said the options- and futures-trading exchange should benefit from increased volatility in the financial markets.

AMC, boosted by ‘Deadpool & Wolverine’, set for market-share gains as box office rebounds, says Wedbush

AMC has its work cut out for it when it comes to the company’s “heavy debt load.”

One stock-market cycle indicator flashes most bearish reading since Oct. 2022

The equity-market sell-off has further to go and there will be few places to hide., according to HSBC indicators.

Actinium Pharma’s stock craters after FDA says Phase 3 trial of leukemia treatment not enough for BLA

The stock of biotech Actinium Pharmaceutics Inc. tumbled 65% early Monday, after the Food and Drug Administration said a late-stage trial of its Iomab-B leukemia treatment is not enough to support a request for approval.

Nvidia’s stock slides, but these analysts aren’t panicking about reported delays

A report says Nvidia’s new Blackwell chip could be delayed by months, but one analyst says that could actually help gross margins.

Tire maker Continental says it may spin off automotive-electronics unit employing 100,000

German tire maker Continental on Monday said it may spin off the loss-making automotive electronics unit that employs 100,000 people.
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