Articles

Humana’s stock ends a three-day selloff, but investors watching its bonds may have had a heads-up

Humana Inc.’s stock was up 2% Friday after three straight sessions of declines, but investors paying attention to the performance of its bonds on Thursday may have had something of a heads-up on the stock’s recovery.

Home prices need to fall by 28% to make housing affordable again, economist says

Home prices have continued to rise through the years to new heights, even as mortgage rates shot back up from rock-bottom levels.

U.S. stock market has ‘never been healthier’ according to this key measure

A lot has changed in the U.S. stock market over the past three months, but one of the most notable developments is the dramatic improvement in the number of stocks outperforming the S&P 500 index.

Gold edges higher, on track for post a modest weekly rise

Gold futures edged higher on Friday, with strength in the U.S. dollar following a stronger-than-expected September jobs report keeping gains in check.

JPMorgan, Wells Fargo to kick off bank earnings parade as Wall Street weighs lower interest rates

JPMorgan Chase & Co. and Wells Fargo & Co. kick off third-quarter earnings season this coming Friday, as Wall Street looks for fresh clues on how lower interest rates may boost profits for big U.S. banks.

Applebee’s parent’s stock slides 5% after Truist downgrades on worry about slowing sales

‘Potentially severe Applebee’s same-store sales underperformance vs. peers (based on Truist Card Data) shakes our confidence that improving same-store sales will be a near-term catalyst for the shares,’ analyst Jake Bartlett wrote in a note to clients.

Schwab leads list of banks expected to profit most in 2025 from Fed’s rate cuts

Analysts predict a reversal of two years of earnings declines for the banking industry.

The U.S. port strike is over. This is what it means for transportation and shipping stocks.

The end of the three-day U.S. ports strike has implications for a number of transportation and shipping stocks, say analysts.

Coeur Mining is using its high-flying stock to buy SilverCrest for $1.7 billion

Coeur Mining announced Friday an agreement in which the gold and silver miner is using its stock, that has more than doubled this year, to buy SilverCrest Metals in a deal valued at $1.7 billion.

Cisco is reportedly close to investing in Nvidia-backed AI startup CoreWeave

Cisco Systems Inc. is close to investing in artificial intelligence startup CoreWeave in a deal that values the company at $23 billion, Bloomberg reported Friday, citing people with knowledge of the matter.

Oil prices set for big weekly gain as traders await Israel response to Iran missile attack

Oil futures added to gains Friday, on track for a sharp weekly rise as traders awaited Israel’s response to a missile attack by Iran earlier this week.

Medtronic voluntarily recalls insulin pumps due to risk of shortened battery life

Company says the smallest knock can impact batteries by damaging internal electronics
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