Text size Activist investor Ryan Cohen, pictured here, signaled in a regulatory filing his intent to sell a stake in Bed Bath & Beyond. C.M. Guerrero/Miami Herald/TNS/Alamy Live News Bed…
Category: Breaking News
Intel Is Left Behind as Chip Stocks Roar Back
(Bloomberg) — Intel Corp. has been conspicuously missing from a rebound in technology stocks that’s lifted almost every other member of the Nasdaq 100 since the index bottomed in June.…
Here’s Why Cathie Wood Dumped It
Shares of popular crypto-exchange platform Coinbase (COIN) have been under an absurd amount of selling pressure over the past year, tanking 75% from peak to trough. The negative momentum has…
Afraid you missed the stock-market bottom? History says curb your FOMO.
Fear of missing out, or FOMO, may be helping to drive stock-market gains as major indexes rebound from 2022 lows set in mid-June — but investor angst over potentially missing…
Walmart stock gains after profit and sales beat expectations, and outlook was raised
Shares of Walmart Inc. powered higher toward a three-month high Tuesday, after the discount retail behemoth reported fiscal second-quarter profit and revenue that beat expectations, and raised its full-year earnings…
J.P. Morgan Says the Stock Market Is Poised for More Upside; Here Are 2 Stocks the Banking Giant Likes
The big question on investors’ minds right now is, where will inflation go? And the related follow-up question, for everyone, is, how far will the Fed hike rates in response?…
This Is Where Millionaires Keep Their Money
Private jet in the air Where do millionaires keep their money? High net worth individuals put money into different classifications of financial and real assets, including stocks, mutual funds, retirement…
China Shocks With Rate Cut as Data Show ‘Alarming’ Slowdown
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg China’s economic slowdown deepened in July due to…
Stocks Poised to Open Lower on Monday
Stocks are poised to open lower on Monday ahead of a big week of retailer earnings. Angela Weiss/AFP via Getty Images Text size U.S. stocks are poised for a lower…
Jeremy Grantham still expects the S&P 500 to plunge by 50% from its peak — here are 3 recession-proof stocks in his portfolio to help limit the pain
Jeremy Grantham still expects the S&P 500 to plunge by 50% from its peak — here are 3 recession-proof stocks in his portfolio to help limit the pain Many investors…