Wolfe Research analyst Joshua Tilton initiated coverage of Palo Alto Networks Inc. shares PANW, +1.64% with an outperform rating and $700 price target Monday, writing that while investors seem to view...
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Royal Caribbean to offer $900 million in convertible bonds due 2025
Royal Caribbean Group RCL, -8.93% said Monday it has commenced a private offering of $900 million of senior convertible bonds that mature in 2025. The company said it would grant the initial purchaser...
‘Continuing home price deceleration.’ Here’s what 5 economists and real estate pros predict will happen to the housing market this year
What will happen in the housing market this year? Getty Images When will home price growth really slow down? Will mortgage rates continue their upward climb? What do I need to know if I’m trying to bu...
NIO, other China-based EV maker stocks surge after July deliveries jump
The U.S.-listed shares of NIO Inc. NIO, +1.23% rallied 4.2% in premarket trading Monday, after the China-based electric vehicle maker reported deliveries rose in July from a year ago to mark a third-s...
‘It has me questioning if we are in the right relationship.’ Our financial adviser is a ‘top performer’ but she costs well over $20K a year — even when we lose money. Should we get a new one?
How to know if your financial adviser is worth the money. Getty Images/iStockphoto Question: After our first financial adviser retired, we picked a new one recommended by her to continue our relations...
I want to refinance my mortgage, but I’m about to turn 70. Is it wise to refinance at my time of life?
I hope you can help me figure this out. I am 69 years old and will turn 70 at the end of the month. I’ve been offered a cash out refinance loan and need to decide whether to take a 15- or 30-year loan...
Housing affordability plunges to lowest level since 2006. The property market’s ‘great slowdown’ is here, Bank of America says
A “great slowdown” is happening in the U.S. housing market, a new report from Bank of America says, as mortgage originations shrink and spending on household items softens. Amid weak home sales number...
Is the crypto bear market over? Here’s what to watch.
Bitcoin and ether are on track to record their best month since last October, prompting some investors to ask if the crypto bear market is over. The No.1 cryptocurrency BTCUSD, -0.90% on Friday reache...
Job switchers saw a greater increase in salary than people who decided to stay put. Here’s what’s at stake.
It pays to look around. The number of job switchers reporting wage gains has expanded while the number of job stayers reporting wage gains actually contracted as inflation exacts its toll, according t...
This strategist said hold on to stocks at the June lows. Now he says it’s time to cut exposure.
July has been a sensational month for stocks — the S&P 500 SPX, +1.42%, Nasdaq Composite COMP, +1.88%, even the beleaguered small-caps in the Russell 2000 RUT, +0.65%, are each on track for their ...
What possible credit-card legislation could mean for Visa, Mastercard — and you
Credit-card companies look to be under a political microscope once again as senators announced a new bill that would target Visa Inc. and Mastercard Inc. Sen. Dick Durbin, an Illinois Democrat, and Se...
Intel’s pain could be AMD’s gain
After a disastrous earnings report from Intel Corp. that acknowledged a big drop in data-center sales and internal mistakes, Advanced Micro Devices Inc. is expected up to show off exactly the opposite...
Alibaba leads sharp drop in Chinese internet stocks as it heads for worst month since November
U.S.-listed shares of Chinese internet stocks including Alibaba Group Holdings Ltd. BABA, -11.12% were sinking Friday to cap off an eventful week that saw Chinese leaders reportedly acknowledge that t...
Whatever you’re feeling now about stocks is normal bear-market grief — and the worst is yet to come
Stock investors have a lot more grieving to do before the bear market breathes its last. According to the five stages of bear market grief, which I addressed in mid-May, we’re currently at stage three...
Cannabis company Tilray downgraded to sell by Benchmark
Benchmark analyst Mike Hickey on Friday downgraded Tilray Brands Inc. TLRY, -1.08% to sell and set a price target of $3 a share after the cannabis company disclosed retail market share losses in Canad...
U.S. inflation surges again and stays at 40-year high, key price gauge shows
The numbers: A key gauge of U.S. inflation rose a sharp 1% in June, led by higher fuel prices, in a sign that price pressures in the economy are still intense and unlikely to relent quickly. The incre...
Intel earnings slammed on Wall Street: ‘Such a disconnect between the company’s optimism and the current reality’
Intel Corp. drew sharp criticism from analysts after the company reported results that were disappointing on many fronts, indicating a storm of macroeconomic, competitive, and execution challenges. Th...
Elon Musk says inflation may have peaked. Bill Ackman agrees, but says the Fed is still making a mistake.
The market has been in full-on party mode in the 48 hours since Fed Chair Jerome Powell said the central bank was shifting to a data-dependent stance for deciding interest rates. That’s best seen in t...
Should you roll over your 401(k) to an IRA? Here are 3 tips for this key retirement decision.
In his classic tune “Roll Over Beethoven,” Chuck Berry famously belted: “Roll it over then move on up.” Well, if you’ve saved for years in a 401(k) plan, you’ll want to know how — or whether — to roll...
When will the Fed stop raising interest rates? The ‘terminal rate’ may still be far off
The U.S. economy is somewhere in the middle of the Federal Reserve’s interest rate hiking saga to tame inflation, but people already want to know where the story ends. That’s what’s getting discussed ...
Have retirement savers been fooled by the bull market?
Today in Weird Retirement News: 75% of those currently saving through a workplace plan, such as a 401(k), are apparently expecting to make it through their entire golden years without even having to t...
Intel stock plummets after wide earnings miss, execution mistakes
Intel Corp. shares plunged in the extended session Thursday after the chip maker missed Wall Street estimates by a wide margin and cut its outlook for the year, acknowledging a slowing market as well ...
DexCom stock drops 17% after company’s Q2 miss
DexCom Inc. DXCM, +1.39% shares fell nearly 17% in the extended session Thursday after the maker of glucose monitoring systems missed analyst expectations for its first quarter and tweaked higher its ...
U.S. Bank workers opened fake accounts to meet sales goals, feds say
NEW YORK — For more than a decade, U.S. Bank pressured its employees to open fake accounts in their customers’ names in order to meet unrealistic sales goals, the Consumer Financial Protection Bureau ...
Roku stock bounces sharply in wake of record decline
Roku Inc. shares plunged a record 23.1% in Friday’s session following a downbeat earnings report, but were looking to take back at some of those losses Monday with a double-digit gain. The stock ROKU,...