05-02-2024
Steve Eisman said the U.S. economy remains healthy, so there’s no need for the Fed to cut interest rates and risk a rebound in inflation that has cooled significantly in recent months.
05-02-2024
Alcoa’s stock was suffering its worst day in 10 months amid growing concerns about Donald Trump’s plans to start a trade war with China if he is elected president in November.
05-02-2024
Tesla ‘has done very well’ in the luxury and entry-level luxury markets, but it’s time to compete in the lower-end market.
05-02-2024
Investors are growing increasingly worried about a near-term pullback as the “Magnificent Seven” becomes the “Fantastic Four.”
05-02-2024
U.S. stocks have pulled ahead of cash-like government bonds on a total return basis since the end of 2021, according to Deutsche Bank.
05-02-2024
Another batch of strong U.S. economic data coupled with weekend remarks from Federal Reserve Chairman Jerome Powell shook markets on Monday, pushing Treasury yields toward or beyond some of their highest levels of this year.
05-02-2024
Tesla’s stock dove toward a nine-month low Monday, to fuel a broad selloff in the electric-vehicle sector, after a report that the EV giant was losing a large customer in Germany.
05-02-2024
Shares of Bowlero Corp. were on a roll Monday after the bowling-center operator and owner of the Professional Bowlers Association said it would start paying a dividend to shareholders and reported fiscal second-quarter revenue that rose above expectations.
05-02-2024
Shares of movie-theater chain and original meme-stock darling AMC have been clobbered recently.
05-02-2024
A $1.5 billion take-private deal with acquisitive private-equity firm Thoma Bravo is fueling an 18% rally in software company Everbridge Inc.’s stock on Monday.
05-02-2024
The economic data doesn’t have to change in order to justify interest rate cuts, there just has to be more of it, Chicago Fed President Austan Goolsbee said on Monday.
05-02-2024
The monthly contrarian update of market timer sentiment