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Steel stocks are mixed after a crop of profit warnings for the second quarter. Bonds are unfazed.
Morningstar· 14 hours agoSteel stocks were mixed on Monday after a crop of steel companies issued profit warnings for the second quarter amid pressure on prices. U.S. Steel Corp. (X) reversed early losses to trade up 0.7% in early trading.
Oracle’s cloud AI deals excite investors, but do they have long-term potential?
Market Watch· 6 days ago‘We do not believe these AI demand-driven partnerships will last forever,’ one analyst says.
Oil’s last ‘hurrah’ is coming. Here’s the commodity investors should be buying instead, says Citi
MarketWatch via Yahoo Finance· 6 days agoA Fed meeting is still to come. Most Read from MarketWatch At the near halfway mark to 2024, those...
Gateway - Quartz
Quartz· 56 minutes agoCapital One announced Monday that it is acquiring the credit card company Discover in an all-stock deal valued at $35.3 billion. “Our acquisition of Discover is a singular ...
Merck’s vaccine approval poses threat to one of Pfizer’s top-selling products
Market Watch· 11 hours ago“We’ll provide protection that’s broader than anything that’s out there,” Art Hirt, senior vice...
SoundHound AI Stock Doubles in 6 Months. Still a Buy?
InvestorPlace· 21 hours agoArtificial intelligence stock SoundHound AI (NASDAQ:SOUN) is up 117% in 2024. It used the proceeds...
Roaring Kitty doubles down: Latest update shows trader grew GameStop stake to over 9 million shares
MarketWatch via Yahoo Finance· 4 days agoTrading volume in GameStop $20...then it was probably enough so that he could turn around and...
The Dow signals ’major yikes’ moment as it lags behind the S&P 500 rally
MarketWatch via Yahoo Finance· 5 days agoA stock-market rally concentrated on an ever narrowing cohort of tech stocks is leaving the Dow...
Bank of America wins upgrade on business lending, healthier balance sheet
Morningstar· 4 days agoKBW lifted its rating on Bank of America (BAC) to outperform from market perform, raising the bank's price target to $46 a share from $37 a share. Bank of America's stock ...
Stocks Keep Hitting Record Highs Even Without Fed Rate Cuts, Here’s Why. And 4 Other Things to Know...
Barrons.com· 21 hours agoTesla’s Elon Musk controversy energized shareholders, Fed speakers address economic outlook in...