Text size GM stock was rising after the auto maker said it was reinstating its dividend. Bill Pugliano/Getty Images American automotive giant General Motors is returning capital to shareholders again—...
Tag: $SPX
The Bulls Still Own This Market. But Cracks Are Starting to Show.
Text size Riskier and more speculative pockets of the market have led the rally, which has coincided with a decline in bond yields. NYSE If it looks like a bull market and acts like a bull market, it’...
GigaCloud stock more than triples in sophomore session, and has been halted 10 times for volatility
Shares of GigaCloud Technology Inc. GCT, +242.29% rocketed again in very volatile trading in their sophomore session on the Nasdaq exchange, to trade at more than four-times the initial public offerin...
Hedge funds pile up $125 billion bet against the S&P 500’s big summer rally
A more than $125 billion institutional short position has been building up against the U.S. stock market, driven by hedge funds, according to BNP Paribas. Futures contract data points to a sharp incre...
Deere Stock Tumbles as Earnings Miss Expectations
Text size Higher crop and food prices tend to boost demand for Deere products. Justin Sullivan/Getty Images Deere reported fiscal third-quarter earnings that missed analysts’ expectations and the stoc...
Deere stock drops after profit miss and trimmed net income outlook, while revenue rises well above forecasts
Shares of Deere & Co. DE, +0.90% dropped 6.8% in premarket trading Friday, after the agriculture, construction and turf care equipment maker reported fiscal third-quarter profit that missed expect...
Dow Futures Fall as Wall Street Parses Mixed Signals on Pace of Rate Hikes
Text size Investor focus remains on the Federal Reserve’s pace of future interest-rate increases. Spencer Platt/Getty Images Stock futures pointed to a lower start for Wall Street Friday as inve...
Bill.com’s stock soars 17% on strong results, revenue guidance
Bill.com Holdings Inc.’s. stock BILL, -1.31% initially soared 17% in extended trading Thursday after the maker of cloud-based software reported fiscal fourth-quarter results that topped Wall Str...
This contrarian investor gave a timely warning for the last big tech top. He now sees the biggest drop of this bear market dead ahead.
When can we truly say goodbye to this bear market? While Bank of America’s global fund managers are no longer “apocalyptically bearish,” some on Wall Street remain wary. Add our call of the day to tha...
Dow Futures Steady as Fed Signals Need to Keep Raising Interest Rates
Text size Federal Reserve officials agreed they need to keep raising interest rates to cool inflation. (Photo by TIMOTHY A. CLARY/AFP via Getty Images) AFP via Getty Images Stock futures fluctuated Th...
This rule with a perfect record says the market hasn’t bottomed, says Bank of America’s star analyst
Rules are there to be broken. That may be a standard mantra for anarchists. But for traders such thinking may prove to be dangerously dismissive. Investors therefore may like to consider the latest no...
Apple plans to unveil iPhone 14 at Sept. 7 event: report
Apple Inc. is expected to unveil its latest line of iPhones and smartwatches on Sept. 7, according to a new report. Bloomberg News reported Wednesday that the tech giant will update its flagship smart...
Did the stock market ‘misinterpret’ Fed again? What strategists say about the reaction to the July minutes
Minutes from the Federal Reserve’s meeting in July — at which policy makers hiked the benchmark interest rate by 75 basis points, indicate stock-market participants were too quick to price in a “less ...
Ford’s green bond sees $5 billion in demand as Biden signs climate bill
Investors swarmed over Ford Motor Co.’s new $1.75 billion green-bond deal on Tuesday to help boost its development of more electric vehicles. Order books for Ford’s F, +0.67% speculative-grade debt de...
Dow Futures Dip as Wall Street Seeks Rates Guidance From the Fed
Text size The focus for investors Wednesday will be on minutes from the latest Federal Reserve meeting. Getty Images Stock futures dipped Wednesday after strong earnings reports from Walmart and Home ...
Afraid you missed the stock-market bottom? History says curb your FOMO.
Fear of missing out, or FOMO, may be helping to drive stock-market gains as major indexes rebound from 2022 lows set in mid-June — but investor angst over potentially missing the “bottom” is usually m...
Gilead’s stock is up about 4% after sharing new data for cancer drug
Shares of Gilead Sciences Inc. GILD, +5.16% were up 4.9% in trading on Monday after the company said in a news release that Trodelvy improved overall survival rates in people with HR+/HER2- metastatic...
Why BlackRock says the stock market’s big summer rally isn’t worth chasing
With U.S. stocks briefly sputtering to start the new week, strategists at the research arm of the world’s largest money manager are weighing in with words of caution. In a note released on Monday by t...
AMMO stock tumbles after plan to separate into 2 publicly traded companies
Shares of AMMO Inc. POWW, -13.80% tumbled 10.1% in morning trading Monday, after the online guns seller announced a plan to separate into two publicly traded companies, one that includes its firearms ...
Bed Bath & Beyond stock soars again, heads for 13th gain in 14 days
Shares of Bed Bath & Beyond Inc. BBBY, +12.90% shot up 17.6% in premarket trading Monday toward a four-month high, putting the meme stock on track for a fourth-straight gain. The stock had run up ...
The New EV Tax Credit Won’t Cover All Teslas and Other Cars. How It Will Work.
New electric-vehicle tax credits depend on where the cars are assembled, what the EVs cost, and how much money buyers make. Stefani Reynolds/AFP/Getty Images Text size The Inflation Reduction Act shou...
What Stocks Are Making Moves Monday? Li Auto, NIO, Peloton, and More.
Text size A trader works on the floor of the New York Stock Exchange. Michael Nagle/Bloomberg Stock futures were trading lower Monday after China cut interest rates following data that showed the worl...
Ready to cash out some gains on this stock market run? An exit path is about to emerge, says this strategist
Welcome to moody Monday, with stock futures down and oil prices getting hit hard after a batch of downbeat data from China, alongside a surprise rate cut. Some say that the global growth engine’s econ...
Nasdaq bull market? A history of head fakes says it’s too early to celebrate.
Before passing out cigars in celebration of the birth of a baby bull market for the Nasdaq Composite, investors might want to take a look back at history. Sure, the tech-heavy gauge ended Wednesday up...
DraftKings Is a Buy Ahead of NFL Season, Analyst Says
Text size DraftKings lifted its forecast earlier this month. Angus Mordant/Bloomberg Sports betting app DraftKings is a stock that investors should own heading into pro football’s regular season, Roth...