Opinion: ‘Overbought does not mean sell.’ Stock bulls and this market have room to run.
By Press Room
5 Mins read
The stock market, as measured by the S&P 500 Index SPX, -0.50%, has been posting strong gains. The market has certainly reached…
Oil prices surge nearly 6% as Middle East tensions rise with Israel ordering mass evacuations in Gaza
By Press Room
2 Mins read
Escalating Middle East tensions drove up oil prices Friday by nearly 6%, leading prices to post a gain for the week. Concerns…
As Israel continues its aerial bombardment of Gaza and masses forces on the border of the coastal enclave, the objective of the…
OBSERVATIONS FROM THE FINTECH SNARK TANK If you’ve been to any industry conferences this year, you know that ChatGPT and Generative AI—and…
The US dollar, which had been weakening due to anticipated rate cuts in the midst of peak long-dated rates, rebounded on Thursday,…
Squarepoint Capital LLP, a hedge fund, has acquired over $100 million of predominantly Russian aluminum from the London Metal Exchange (LME). The…
Mortgage rates hit 23-year high and home prices show few signs of cooling. But Redfin says ‘all hope is not lost.’ Why?
By Press Room
2 Mins read
The U.S. housing market has become unaffordable for many aspiring homeowners, priced out by either high home prices or high mortgage rates….
After Nvidia added $750 billion in value this year on the backs of surging AI chip demand, investors are quickly searching for…
[Note: CAG’s fiscal year 2023 ended May 28, 2023] Conagra Brands (NYSE: CAG) engages in the manufacture and sale of processed and…
‘Pony up’: In strategic shift, UAW says added strikes could come ‘at any time’
By Press Room
5 Mins read
UAW President Shawn Fain said the union would not expand its strike against the Big Three automakers on Friday, but that the…