Goldman Traders Say Stock Rally Hinges on Knife-Edge Jobs Data
  • March 7, 2025

Goldman Traders Say Stock Rally Hinges on Knife-Edge Jobs Data

(Bloomberg) -- Investor sentiment is so poor that even a slightly better-than-expected US jobs report is set to spark a rally in the S&P 500, according to a Goldman Sachs Group Inc. trading desk.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesNJ College to Merge With State School After Financial StressRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling

European Stocks See Most Inflows in Decade Amid Defense Splurge
  • March 7, 2025

European Stocks See Most Inflows in Decade Amid Defense Splurge

(Bloomberg) -- Investors are pouring money into European equities at a rate not seen in almost decade as they anticipate a historic increase in spending on infrastructure and defense.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesNJ College to Merge With State School After Financial StressRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year L

S&P cuts Nissan credit rating to 'BB'
  • March 7, 2025

S&P cuts Nissan credit rating to 'BB'

S&P Global Ratings said on Friday it had cut its long-term issuer credit ratings on Nissan Motor to 'BB'. It said that "prospects for a fast improvement in Nissan Motor's automotive business to levels comparable with similarly rated peers' are now remote".

US Stocks Whipsawed by Tariff Confusion Teeter Near Key Level
  • March 7, 2025

US Stocks Whipsawed by Tariff Confusion Teeter Near Key Level

(Bloomberg) -- It’s been a whirlwind of a week for US stocks as tariffs hit a fever pitch, sending the S&P 500 into a tailspin that briefly drove it below a closely watched technical level.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesNJ College to Merge With State School After Financial StressRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-

Intuitive Machines stock plummets after second sideways moon landing
  • March 7, 2025

Intuitive Machines stock plummets after second sideways moon landing

(Reuters) -Intuitive Machines' shares tumbled 23% on Friday after the company confirmed its second moon lander, Athena, landed on its side a day earlier, mirroring the company's first lunar landing attempt last year. The six-legged Athena lander touched down at a site about 100 miles (160 km) from the moon's south pole, but Intuitive Machines said on Friday the mission ended due to the spacecraft being on its side after completing several mission milestones. "With the direction of the sun, the orientation of the solar panels, and extreme cold temperatures in the crater, Intuitive Machines does not expect Athena to recharge," the space company said.

3 Reasons to Sell CAKE and 1 Stock to Buy Instead
  • March 6, 2025

3 Reasons to Sell CAKE and 1 Stock to Buy Instead

Over the past six months, The Cheesecake Factory has been a great trade, beating the S&P 500 by 28.4%. Its stock price has climbed to $48.75, representing a healthy 33.6% increase. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.