They are replacing Illumina and Comerica. Both GoDaddy and CrowdStrike have seen big stock gains in 2024.
1 min readThey are replacing Illumina and Comerica. Both GoDaddy and CrowdStrike have seen big stock gains in 2024.
1 min readWarren Buffett’s firm is the largest shareholder in the energy company.
1 min readNvidia stock continues to be on a tear—and executives at the chip company are reaping the benefits.
1 min readNvidia has been one of the best-performing stocks on Wall Street since 2023, amassing holdings in four companies along the way.
2 min readGlobal defense spending hit about $2.4 trillion in 2023, up about 8.5% compared with 2022.
2 min readThe wealth effect is spurring economic growth, allowing the Fed to stand pat and leave interest rates unchanged.
4 min readJob growth soared, but the unemployment rate ticked up, too. Plus, investment newsletter commentary on international markets, megacap tech, and consumer spending.
Long readShares will kick off Monday trading at a lower price, following its big split. History suggests the stock will keep climbing.
3 min readA hotter-than-expected gain in payrolls and wages could mean rates will be higher for longer. Bond yields are up.
3 min readGameStop and AMC Entertainment are trading lower ahead of a scheduled livestream by Roaring Kitty, while Semtech appoints a new chief executive officer.
1 min readShares were down 41% to $27.65 shortly after the stream ended. The stock was halted repeatedly due to volatility.
4 min readWith Occidental Petroleum shares below $60 again, Warren Buffett’s firm could add to its stake, although Buffett has said he isn’t interested in buying the company.
2 min readThe off-price retailer has taken a stake in Grupo Axo’s bricks-and-mortar business in Mexico, which includes stores under the Promoda, Reduced, and Urban Store banners.
2 min readInflation- and cost-conscious consumers are a problem for staples companies. But not for big retailers luring shoppers with bargains.
3 min readThe hedge fund manager is launching a publicly traded fund—and planning an IPO for his investment management firm.
Long readThe Magnificent Seven—including Apple, Microsoft, Nvidia, and Tesla—propelled so much of 2023’s stock gains. Some investors worry there’s too much concentration risk in the market.
4 min readThe tech and retail firm’s present market value is just under $2 trillion, but earnings growth and a higher multiple could provide a serious boost.
3 min readGood news is bad news. That’s how traders see it for now.
3 min readShares of the ride-hailing firm saw bullish analyst upgrades after an upbeat investor day, but most remain on the sidelines.
3 min readAdvanced Micro Devices could get more recognition for its artificial-intelligence chips in the second half of the year, according to Melius Research.
2 min read