Articles

Here’s why Ferrari’s stock can zoom past $500, Morgan Stanley says

The iconic Italian automaker’s stock has gained more than 40% this year, but Morgan Stanley sees more upside.

Why a blistering bond-market rally may have already run its course

Fed rate cuts are associated with lower bond yields and higher prices. But history shows this isn’t always the case.

A bigger Fed rate cut in September could spook investors

A shift to cutting interest rates may boost the economy — but how much help does the economy really need?

Ascend Wellness becomes third cannabis company to jettison its chief executive this month

Ascend Wellness Holdings Inc. has named a new chief executive, the New York-based cannabis company said Thursday. It is the third big North American cannabis company this month to replace its top executive.

Foot Locker’s second-largest shareholder has been selling stock ahead of earnings

Foot Locker’s second-largest shareholder has trimmed its stake by more than 9%, just days before the athletic shoe and apparel retailer is set to report second-fiscal-quarter results.

Paramount’s stock slides after Edgar Bronfman Jr. pulls bid, but bondholders seem to like the news

Spreads on the company’s most liquid bonds tightened by about 10 basis points on Tuesday, after steadily tightening since Friday.

‘I don’t want to be left in legal limbo’: My second husband’s $350,000 life insurance lists me as beneficiary. But his divorce decree says he’ll maintain the policy for his kids. Who wins?

“Am I legally obligated to turn this over to his children because of what his divorce decree says?”

Super Micro’s stock slides after short seller Hindenburg alleges accounting red flags in new report

Super Micro Computer Inc.’s stock fell 4.5% Tuesday after short seller Hindenburg Research published a report alleging accounting red flags, undisclosed related-party transactions and other issues.

Is the stock market open on Labor Day? Will Costco be closed?

The September holiday is the last big hurrah of summer, but that also means many businesses and offices won’t be operating as per usual.

Consumer confidence improves in August

Confidence hits 103.3 versus forecast of 101

Apple’s AI-driven ‘super cycle’ set to begin as iPhone 16 event date is announced

With the date of Apple Inc.’s next iPhone event set, investors now know when the biggest upgrade cycle in the technology behemoth’s history, driven by artificial intelligence, will kick off, according to Wedbush analyst Dan Ives.

Abercrombie & Fitch to see earnings ‘upside,’ but there’s potential margin pressure ahead: analyst

Abercrombie & Fitch Co. is expected to deliver sales growth ahead of its forecasts when it reports second-quarter results on Wednesday after a strong stock-price performance, William Blair analyst Dylan Carden said in a research note.
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