By Joy Wiltermuth'American workers are not getting a raise,' says J.P. Morgan Asset Management strategistExtreme heat hits New York City's Financial District ahead of the July 4 holiday.Stocks ended mixed Thursday after a tepid jobs report for June reflected only modest hiring and an OK U.S. econom…
By Bill PetersSandwich chain's IPO filing offers details about sales gains and family compensationSandwich chain Jersey Mike's plans to plans to list on the New York Stock Exchange under the ticker "JMKE."Jersey Mike's Subs on Thursday publicly filed its IPO paperwork, a move that brings the sandwi…
By Weston BlasiWhile some collectors may plan to hoard their physical media, one Columbus gamer decided to liquidate his collectionVideogames are seen on display at a GameStop store in Texas.Just days after Sony announced it would be killing off its physical videogame discs by 2028 in favor of digi…
By William GavinThe automaker shipped 480,126 EVs to consumers last quarter - much more than even bullish analysts projectedTesla beat expectations with its latest delivery numbers.Tesla on Thursday disclosed that it delivered tens of thousands more vehicles than expected by even the most bullish a…
By Hannah PedoneAdobe's stock is rallying after a contrarian upgrade at HSBCShares of Adobe were up on Thursday after HSBC analyst Stephen Bersey upgraded shares of Adobe to buy from hold.Design software has been an easy target for those bearish on software in the artificial-intelligence era, and A…
By William GavinBoth companies' stocks are having a terrible week as the threat of Starlink loomsThe SpaceX-driven overhang on telecommunications stocks could last well into next year, according to one analyst.The specter of SpaceX is hanging over AT&T, Verizon and other telecommunications stocks a…
By Myra P. SaefongMaritime transit through the Strait of Hormuz has improved since the start of the Iran war - but it's still far from normalA faster-than-expected reopening of the Strait of Hormuz has been part of the reason for oil's roughly 10% price decline since mid-June.Oil prices have finall…
By Barbara KollmeyerStephen Yiu lines his fund with recipients of AI investmentsInvest in the companies that are receiving artificial-intelligence investments, says the Blue Whale Growth Fund's Stephen Yiu.Investing in the artificial-intelligence trade takes nerves of steel these days, with ever-cl…
By Jules RimmerInvestors are using record leverage for S&P 500 exposureLeverage in the market is dangerously overloaded right now and the funding rate is screaming a warningThe cost of funding a long position in the S&P 500 is spiking alarmingly and investors should pay more attention to this war…
By Nora RedmondGoldman Sachs said the three key catalysts for the Russell 2000's recent outperformance were the artificial-intelligence industry, a strong economic backdrop and a boost in biotechnology stocks.The Russell 2000 has recently outperformed the S&P 500, and three factors are driving the…
By Steve GoldsteinUS Federal Reserve Chair Kevin Warsh, at least for one day, revived a popular trade.As much as new Fed Chair Kevin Warsh tried to refrain from steering markets, it looks like he did.At the European Central Bank forum in Sintra, Portgual on Wednesday, Warsh said inflation expectati…
By Bill Peters'Cat growth is on fire,' one executive saysGeneral Mills' stock jumped on Wednesday but is still down for the year.After making its products cheaper last year, General Mills is now trying to make them better as it seeks to win over increasingly price-conscious consumers and reverse a…
By Christine JiMeta's reported interest in monetizing its AI infrastructure is leading investors to question the sustainability of neocloud business modelsMeta holds $35.2 billion in infrastructure contracts with CoreWeave.Artificial-intelligence infrastructure providers like CoreWeave and Nebius G…
By Hannah PedoneA Guggenheim analyst says valuations for the two software stocks are too depressed, even though the AI threat is realGuggenheim analyst John DiFucci upgraded shares of ServiceNow to buy from neutral on Wednesday.Guggenheim analyst John DiFucci has been a firm believer that artificia…
By Britney NguyenMost of Sandisk's annual revenue could eventually come from its new business model contracts that provide better visibility, BofA saysSandisk's stock fell Wednesday as investors moved out of the broader chip sector.Shares of Sandisk fell Wednesday as investors moved out of the broa…
By Tomi KilgoreThe Nasdaq 100 is known for almost always rising in July, but REITs have done even better, as they remain undefeated since 2008The Vanguard Real Estate ETF has gained in all 18 Julys since 2008, and looks poised for a breakout to make it 19-0. In the real-estate sector, Prologis is a…
By Joy WiltermuthInflation is a problem beyond the recent spike in oil prices, says Crossmark CEO DollFederal Reserve Chair Kevin Warsh speaks at a press conference in Washington on June 17.The "high-risk" bull market in stocks needs Federal Reserve Chair Kevin Warsh on its side, according to Bob D…
By Joseph AdinolfiCitadel says retail trading activity hit record levels in May and JuneThe retail-investor takeover of the U.S. stock market has reached a fresh milestone over the past couple of months, according to a top strategist at Citadel Securities.May and June shattered the previous monthly…
By Jeffry BartashGrowth streak is strongest in 4 years, ISM showsAmerican manufacturers are expanding despite stiff headwinds.High U.S. tariffs, war with Iran, a spike in oil prices, rising inflation - no matter. American manufacturers grew in June for the sixth month in a row to mark the longest s…
By Philip van DoornValue stocks tend to outperform growth stocks during periods of high inflation. These companies in the Russell 1000 Value Index have high revenue growth estimates for the next two years.Microsoft is now considered to be a value stock: The company's shares fell 23% during the firs…
