Articles

Merck’s vaccine approval poses threat to one of Pfizer’s top-selling products

Merck has gained U.S. regulatory approval for a vaccine that could become a tough competitor to one of Pfizer Inc.’s top-selling products.

JPMorgan says Big Lots’ struggles could benefit this closeout-retail rival

The JPMorgan analysts said a possible Big Lots bankruptcy could mean a bigger shopper exodus toward Ollie’s Bargain Outlet stores.

Broadcom just keeps getting bigger as it’s deemed best AI stock besides Nvidia

Broadcom is set to pass Eli Lilly and become the eighth-largest U.S. company by market cap.

French stocks are pressuring widely held equities indexes. Should you buy the dip?

French stocks have taken a beating on election worries, dragging down popular equity indexes focused on countries outside the U.S.

How Nvidia’s new Street-high stock-price target stacks up in the chip sector

The new highest price target for Nvidia’s stock implies 21% upside from Friday’s close, but the most bullish targets for numerous other chip stocks suggest more room to run.

AMC’s theaters have their best weekend of 2024 thanks to ‘Inside Out 2’ — but its stock is falling

AMC Entertainment Holdings Inc. said Monday that its theaters just had their best weekend of the year in terms of moviegoers, but that didn’t stop the company’s shares from dropping in sympathy with those of fellow meme stock GameStop Corp.

Stock-market investors clamor for rate cuts: ‘Careful what you wish for’

Stock-market investors seem to be clamoring for rate cuts from the Federal Reserve, although the S&P 500 has been on a record-breaking run even without them. History shows investors should be careful what they wish for.

The AI ‘bubble’ has helped the U.S. stock market dominate the world. What happens if it bursts?

The strength of the U.S. economy relative to the rest of the world postpandemic has convinced some bullish investors that the country’s stock market will keep outperforming other global benchmarks. But some economists suggest otherwise.

A popular Wall Street currency trade is getting hit by geopolitical uncertainty

Concerns are being raised about how well the so-called carry trade in currencies can do after the foreign-exchange market was rocked earlier this month by Mexico’s election results.

Popular tech ETF forced to dump Apple stock, buy Nvidia in upcoming rebalancing

A major shakeup is coming to a popular tech-sector exchange-traded fund.

Is the stock market open on Juneteenth, June 19? Will the post office deliver mail?

The newest federal holiday will see many closures.

Harker says air of ‘uncertainty’ surrounds inflation, sees just one Fed rate cut in 2024

The chief of the Philadelphia Federal Reserve on Monday said one reduction in interest rates “would be appropriate by year’s end” based on the current trajectory of inflation and the U.S. economy.
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