A measure of the U.S. stock market's valuation once favored by legendary investor Warren Buffett is hovering around levels that Buffett previously compared to "playing with fire," a potential explanation for why he's been selling stock in recent months.
Investors are looking ahead to a week of labor data that could influence the scope of interest rate cuts.
Technology stocks pulled Wall Street to another record amid a mixed Monday of trading. The Dow Jones Industrial Average fell 128 points, or 0.3%, while the Nasdaq composite gained 1%. Super Micro Computer, a stock that’s been on an AI-driven roller coaster, soared 28.7% to lead the market.
Lululemon Athletica is slated to report fiscal third-quarter earnings after the closing bell Thursday. Wall Street analysts' ratings are largely bullish heading into the report.
Oracle shares have roughly tripled from their late-2022 low, making the cloud-computing specialist more valuable than Costco or Netflix.
The chief executive of Britain’s most valuable fintech start-up has taken a swipe at the UK stock market saying it is “not rational” to float in London.
Super Micro Computer (SMCI) shares surged in Monday late-afternoon trade after the artificial intell
(Bloomberg) -- Nuveen LLC, the $1.3 trillion US global asset manager, is targeting wealthy Australian investors to tap into expected growth in the US private credit market via a new fund.Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsAs Wars Rage, Cities Face a Dark New Era of Urban DestructionThe firm has launched its Nuveen Churchill Private Credit Income Fund, aimed at Australian private wealth, high net worth individuals and family offices, according t
(Bloomberg) -- Short-sellers are capitulating as the S&P 500 Index keeps hitting record highs and is set for its best year since 2021, according to Citigroup Inc. strategists.Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsInvestor positioning in S&P 500 futures is “completely one-sided,” the strategists led by Chris Montagu wrote in a note. It’s “setting new highs for a fourth consecutive week an
Morgan Stanley analyst Keith Weiss noted that cybersecurity remains a top spending priority for organizations globally. Weiss noted longer-term tailwinds are intact as recent technological advancements (GenAI, Public Cloud) expand the attack surface area, creating new product opportunities for securing AI and leveraging AI to automate security operations. In the near term, the analyst flagged risks investors might not fully appreciate heading into 2025. Also Read: This Analyst Downgrades Upstart