Articles

Why stock investors shouldn’t worry about 10-year Treasury yield ruining 2024 rally yet

The benchmark 10-year Treasury yield, which rose further above 4% on Tuesday, is falling short of the levels needed to take the steam out of the 2024 U.S. stock rally.

Nvidia’s stock is closing in on a record. Why Wall Street sees big beats ahead.

Analysts say strong demand for the new Blackwell chip lineup positions Nvidia to deliver strong numbers next year.

Harris says ‘it’s about dignity’ as she floats plan for in-home care for seniors

Democratic presidential nominee Kamala Harris on Tuesday proposed a new government benefit, as she remains locked in a tight White House race with GOP rival Donald Trump, who also has been floating new federal aid for voters.

Short seller Hindenburg alleges Roblox inflated key metrics, and gaming company hits back

Roblox Corp. shares are down 3.3% Tuesday after short seller Hindenburg Research alleged that the online gaming company has inflated key metrics.

Pfizer’s bondholders cheer news of activist investor Starboard’s $1 billion investment

Pfizer Inc.’s stock gained Monday after a report that activist investor Starboard Value has invested $1 billion in the drug company. Bondholders seem to like the news too.

Here’s how economic issues could help Republicans take back the U.S. Senate

The ouster of the incumbent Democratic senator in Ohio or Montana in November’s election could set the stage for a Republican-run Senate. What are the economic issues that are threatening Sens. Sherrod Brown and Jon Tester, as they face GOP challengers Bernie Moreno and Tim Sheehy?

This London firm is using Middle Eastern oil money to finance the green transition

The world needs more hydropower to hit its net-zero goals. Here’s how Augusta & Co. is helping to get there.

WeightWatchers’ stock soars after adding compounded GLP-1 treatment to its offering

“With the addition of compounded semaglutide [GLP-1], we are expanding our offering to include a clinical weight management solution that is both accessible and affordable,” said Interim Chief Executive Tara Comonte in prepared remarks.

Qualcomm’s stock isn’t the AI play that it was expected to be, analyst says

Shares of Qualcomm Inc. took a hit Tuesday after KeyBanc Capital dropped its longtime buy call, saying the semiconductor maker hasn’t been benefiting as expected from the artificial-intelligence boom and could start losing market share in the coming months.

‘DJT’ stock continues rally after Elon Musk joins Trump onstage in Pennsylvania

Shares of Trump Media & Technology Group are on pace to extend their winning streak to four days, their longest since a four-day streak that ended June 26.

U.S. trade deficit drops to 5-month low and could add to GDP. Exports hit record high.

The U.S. trade deficit sank almost 11% in August because of lower imports of oil and new cars, potentially giving a boost to the official measure of economic growth in the third quarter.

Brent falls below $80 as oil rally pauses, traders await Israeli response to Iranian missile attack

A rally in oil prices was taking a pause on Tuesday early morning as traders await Israel’s response Iran’s latest round of aggression.
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