Premarket action on Monday had the three major U.S. indexes trading lower. The Dow Jones industrials were down 0.05%, the S&P 500 down 0.13%, and the Nasdaq 0.19% lower. What looked like an inevitable confrontation between Vladimir Putin and Yevgeny Prigozhin ended with a whimper, not a bang, after Prigozhin called a halt on his march to Moscow and made […]

Stocks have bounced back with a vengeance in recent weeks. Investors are throwing caution to the wind as they buy up equities, boosted by booming exuberance for AI. The bulls have charged through the wall of worry about the economy’s health, triggering a melt-up in asset prices. The broad-based indices S&P 500 is pumping. Trading at around 4,400 points, the […]

Save articles for later Add articles to your saved list and come back to them any time. A hotshot millennial investment adviser who made a name for himself setting up a fund to invest in one of the best cars in the world has been hit with a temporary travel ban amid an investigation by the corporate watchdog. Magnolia Capital […]

By Millie Muroi Save articles for later Add articles to your saved list and come back to them any time. On the first Tuesday of nearly every month in the past year, self-made dessert shop owner Phillip Kuoch has noticed an immediate drop-off in customer numbers. “Whenever the Reserve Bank increases interest rates, we see a dramatic drop,” Kuoch said. […]

U.S. markets are closed Monday in observance of Juneteenth, and the flow of quarterly earnings reports all but dries up until after the July 4th holiday. Here’s a look at two companies that report quarterly results after markets close Tuesday or before they open Wednesday morning. FedEx For the year to date, shares of FedEx Corp. (NYSE: FDX) are up […]

SAN FRANCISCO (Reuters) – Billionaire entrepreneur Elon Musk expects his brain-chip startup Neuralink to start its first human trial this year, he said on Friday in France.Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, gestures as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in […]

The market narrative has been anything but straightforward this year. With recent bank failures, an unfolding artificial intelligence (AI) revolution, retreating inflation, high interest rates, and lingering fears of an impending recession, the news cycle has been a non-stop rollercoaster ride of mixed signals. For newcomers to investing, it may feel like baptism by fire. Heading toward the year’s midpoint, equities […]

There are many reasons why investors will sell a stock. We’re only human after all. But there’s usually only one reason they buy a stock. And by the looks of it, there are many insiders buying Simon Property Group (US:SPG) stock. Using Fintel’s Insider Net Buyer Count Rankings, I see that SPG stock was the target of higher than usual insider […]

The futures were trading mixed after a huge Monday that saw all the major indexes finish the day higher, with the Nasdaq’s 1.5% gain leading the way. With the consumer price index (CPI) results coming in pretty much as expected, many feel that Federal Reserve Chair Powell will still announce a skip in raising rates tomorrow, but not a pause. […]