Hackers Manipulate Markets in $700 Million Illicit Trading Spree
  • April 28, 2025

Hackers Manipulate Markets in $700 Million Illicit Trading Spree

(Bloomberg) -- Criminals are hijacking online brokerage accounts in Japan and using them to drive up penny stocks around the world. The wave of fraudulent trading has reached ¥100 billion ($710 million) since it started in February and shows no signs of cresting. The scams typically use the hacked accounts to buy thinly traded stocks both domestically and overseas, allowing anyone who has built up a position earlier to cash out at inflated values. In response, some Japanese securities firms have

S&P 500 ekes out slight gain with data, megacap earnings eyed
  • April 28, 2025

S&P 500 ekes out slight gain with data, megacap earnings eyed

NEW YORK (Reuters) -The S&P 500 closed a choppy session nearly unchanged on Monday, weighed down by megacaps as investors awaited several catalysts including key economic data and earnings from some of the largest U.S. companies. Megacaps Nvidia , off 2.1%, and Amazon , down 0.7%, were the primary drags on the benchmark S&P 500 index and also kept the Nasdaq in negative territory. The Wall Street Journal reported on Sunday that China's Huawei Technologies was preparing to test its artificial-intelligence processor, which it hopes can replace some of Nvidia's higher-end products.

1 Mid-Cap Stock with Exciting Potential and 2 to Turn Down
  • April 28, 2025

1 Mid-Cap Stock with Exciting Potential and 2 to Turn Down

Mid-cap stocks have the best odds of scaling into $100 billion corporations thanks to their tested business models and large addressable markets. But the many opportunities in front of them attract significant competition, spanning from industry behemoths with seemingly infinite resources to small, nimble players with chips on their shoulders.

3 Cash-Heavy Stocks in the Doghouse
  • April 28, 2025

3 Cash-Heavy Stocks in the Doghouse

A surplus of cash can mean financial stability, but it can also indicate a reluctance (or inability) to invest in growth. Some of these companies also face challenges like stagnating revenue, declining market share, or limited scalability.

3 Consumer Stocks with Questionable Fundamentals
  • April 28, 2025

3 Consumer Stocks with Questionable Fundamentals

Retailers are evolving to meet the expectations of modern, tech-savvy shoppers. But many seem to be moving too slowly as their demand is lagging, causing the industry to underperform the market - over the past six months, retail stocks have shed 13.6%. This drawdown was worse than the S&P 500’s 5.1% loss.