Another recession indicator is close to flashing red.The Sahm Rule, developed by economist Claudia Sahm, says that the US economy has entered a recession if the three-month average of the national unemployment rate has risen 0.5% or more from the...
US stocks fell on Thursday as weak economic data trickled in, despite better than expected Meta (META) results and hints from the Federal Reserve of a September rate cut.The S&P 500 (^GSPC) fell almost 1%, while the tech-heavy Nasdaq Composite...
Cathie Wood has been busy this week. The Ark Invest co-founder, CEO, and ace stock picker added to five of her existing growth stocks on Wednesday. I covered two of those names yesterday. Let's dive into the other three purchases.What's...
Two separate data releases highlighted signs of softening in the economy on Thursday as the Federal Reserve mulls over when to cut interest rates.Weekly jobless claims once again rose more than expected last week in the latest sign of a...
Indexes reversed lower while megacap techs saw mixed fortunes on the first day of August. Meta Platforms (META) remained a true leader in the stock market today, rising 9% on strong second-quarter results and an ambitious plan to fuel further...
In a reorganization of historic proportions, General Electric has completed its spinoffs of GE Aerospace, GE HealthCare and sustainable-energy-focused GE Vernova. Sometimes called the "crown jewel," GE Aerospace (GE) has earned that moniker, with shares soaring 358% in two years,...
(Bloomberg) -- Analysts are starting to pay closer-than-usual attention to the underlying enterprise software business of Bitcoin-proxy MicroStrategy Inc.Most Read from BloombergHow to best invest the cash kicked off from the operations was what originally caused co-founder and Chairman Michael...
How To Earn $500 A Month From Apple Stock Ahead Of Q3 EarningsApple Inc (NASDAQ:AAPL) will release earnings results for its third quarter after the closing bell on Thursday, Aug. 1.Meanwhile, some investors are eyeing potential gains from the company's...
Dow Jones futures were little changed Thursday, while S&P 500 futures and Nasdaq futures rose modestly as Meta Platforms (META) jumped on earnings guidance. Apple (AAPL), Amazon.com (AMZN) and Coinbase (COIN) rose slightly with results due after the close. ↑...
(Bloomberg) -- US stocks were set to extend gains on Thursday after a dovish Federal Reserve and Meta Platforms Inc.’s sales beat added fuel to a rebound for technology companies. The Bank of England cut rates from a 16-year high.Most...
