04-03-2024
Both the S&P 400 midcap Index and an ETF that tracks the S&P 500 equal-weight index appeared poised for record closes on Monday, an indication that more stocks are joining a rally that has been criticized for its dependence on Big Tech.
04-03-2024
The S&P 500 index is trading around record highs after just four stocks drove nearly half of its gains in February, according to BofA Global Research.
04-03-2024
Macy’s Inc.’s shares climbed 15.4% Monday, and its high-yield bonds rallied along with them, after an investor group seeking to take over the department-store chain sweetened its bid by roughly $800 million.
04-03-2024
American Airlines’ order of 260 aircraft — including 85 new 737 Max 10s — is part of its plan to boost premium seating.
04-03-2024
JetBlue Airways Corp. and Spirit Airlines Inc. said Monday they have reached an agreement to terminate their July 2022 merger deal, sending Spirit’s stock down 14%.
04-03-2024
The high-flying stock’s earnings multiple is ‘in line with other AI enablers,’ Goldman Sachs says in adopting a neutral stance.
04-03-2024
With the labor market strong and growth above trend, there isn’t pressure on the U.S. central bank to cut interest rates, Atlanta Fed President Raphael Bostic said Monday.
04-03-2024
Shares of Tesla Inc. fell more than 5% Monday amid a fresh round of discounts and price cuts for the electric-vehicle maker.
04-03-2024
Nvidia, Uber, Amazon and Live Nation are four of the companies that have combined soaring stock prices with even more rapid increases in earnings estimates over the past year.
04-03-2024
Exuberance among stock market timers is very likely at or close to its peak for this market cycle
04-03-2024
“How do I make sure my stepmother is taken care of financially without completely giving up my rights to my dad’s estate?”
04-03-2024
Analysts still have concerns about margins, revenue growth and cash burn in the wake of Plug Power’s latest earnings.