Turmoil in the US is boosting global markets — but the chaos could still spread, Goldman Sachs warns
The macroeconomic outlook for the US remains uncertain as the second Trump administration appears to have a higher tolerance for market turbulence.
The macroeconomic outlook for the US remains uncertain as the second Trump administration appears to have a higher tolerance for market turbulence.
Norwegian Cruise Line Holdings shares advanced Monday when JPMorgan upgraded the stock after the cruise operator's executives brushed off warnings about a drop in travel demand.
(Reuters) -Chevron bought about 4.99% of Hess Corp's common shares this year, reflecting its confidence in completing the planned acquisition of Hess, the oil giant said in a regulatory filing on Monday. The second-largest U.S. oil producer agreed in October 2023 to buy Hess in an all-stock deal valued at $53 billion to gain a crucial stake in Guyana's oil-rich Stabroek block. U.S. regulators and shareholders have approved the deal, but Exxon Mobil and CNOOC, Hess' partners in Guyana, have challenged it in court.
Affirm shares are tumbling after rival Klarna, which is preparing to go public in the U.S., said it is now the exclusive provider of Buy Now, Pay Later loans for Walmart.
Reddit initiated, Netflix upgraded: Wall Street's top analyst calls
(Bloomberg) -- Wall Street’s infamous dark pools are getting even darker.Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressThe Dark Prophet of Car-Clogged CitiesSaving the Signature Sound of Washington, DCA decade after being engulfed by a controversy that culminated in multiple enforcement actions and a regulator clampdown, these off-exchange
Shares of Science Applications International Corp. jumped Monday after the government technology contractor topped estimates for the fourth quarter.
From commerce to culture, software is digitizing every aspect of our lives. The undeniable tailwinds fueling the industry have also led to strong returns for SaaS stocks lately as they’ve gained 6.2% over the past six months. Investing here would have been wise - at the same time, the S&P 500 was stuck in neutral.
Stocks trading between $10 and $50 can be particularly interesting as they frequently represent businesses that have survived their early challenges. However, investors should remain vigilant as some may still have unproven business models, leaving them vulnerable to the ebbs and flows of the broader market.
From fast food to fine dining, restaurants play a vital societal role. But it’s not all sunshine and rainbows as they’re notoriously hard to run thanks to perishable ingredients, labor shortages, or volatile consumer spending. Unfortunately, these factors have spelled trouble for the industry as it has shed 4.8% over the past six months. This drawdown was discouraging since the S&P 500 held steady.