Articles

The big engine that could: U.S. economy barrels ahead and puts recession forecasts in rear view

The U.S. was supposed to suffer a recession from higher interest rates. It didn’t. Next economists predicted a big slowdown in growth. No dice. And now? The economy is going to be just fine after all.

MicroCloud Hologram’s stock soars after regaining Nasdaq listing requirement

Shares of MicroCloud Hologram Inc. soared higher Monday, after the China-based holographic-technology company disclosed that it had regained compliance with Nasdaq listing requirements.

Tech stocks likely headed for a pullback. These 5 charts show their momentum is starting to fade.

After looking past the index-level performance, there are signs that the momentum that has propelled the sector higher over the past year is starting to fade.

Dow Jones index struggling for ‘relevance’ despite adding Amazon, say researchers

Amazon is now part of the Dow Jones Industrial Average, but the exclusive index of 30 blue-chip stocks is still light on tech, according to Ned Davis Research.

Why BYD is rolling out a $233,000 ‘supercar’ even as Tesla and Rivian try selling cheaper EVs

The U9 from BYD’s Yangwang division comes with gull wings and goes 0 to 60 mph in less than three seconds, but the ‘supercar’ is more than a Ferrari rival.

Chief AI officer: A necessity for companies or an expensive impediment?

CAIOs may have the hottest job in town, but they’re in for some cold truths.

Why investors should look beyond U.S. megacap stocks as interest-rate concerns ease

The “Magnificent Seven” stocks have shown no sign of slowing down so far in 2024. One way to diversify and search for segments with room to grow is to look at international stocks and small-caps, according to UBS Global Wealth Management.

FTC sues to block merger between Kroger and Albertsons

‘Kroger’s acquisition of Albertsons would lead to additional grocery price hikes for everyday goods, further exacerbating the financial strain consumers across the country face today,’ FTC says

Treasury’s $63 billion auction of 2-year notes produces solid outcome, strategist says

Monday’s $63 billion sale of 2-year notes was met with good demand, according to a strategist.

‘I want to do what is right’: My father died without a will. His wife moved out of state — and left me paying the mortgage. 

“She can’t afford the monthly payments. I am second in succession as his only child.”

JPMorgan’s global investment banking chief departs for Citi a month after top rank-reshuffle

Viswas Raghavan moves over to become head of banking and executive vice chair of Citi, while JPMorgan promotes two insiders.

Stock market’s ‘almost unprecedented’ rally, as shown in three charts

Historically, this stock-market rally is nearly off the charts, Deutsche Bank says.
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