Hedge funds’ early exit from Magnificent Seven stocks helped them navigate summer slump
Hedge funds cut their stakes in the Magnificent Seven in the second quarter, just the tech giants slumped Source link...
MARKET
Smackdown, or serenity? The surprisingly quaint, quiet Orlando home of WWE star Sami Zayn
The champion’s retreat is downright quaint, something you’d tend not to associate with the man behind the Helluva Kick. Source link...
‘I’m guilty of helping too much’: My married adult son constantly demands money. How do I put an end to his mooching?
“It’s obvious that he doesn’t need me for anything except money.” Source link...
‘The first cut is the deepest’ may hold true for Fed interest-rate cuts, too
The Federal Reserve’s first rate cut may have the biggest impact on market volatility and investor psychology. Source link...
Kroger offers $10.5 billion in bonds to help pay for Albertsons merger
Supermarket chain Kroger Co. on Tuesday said it was offering $10.5 billion in bonds to help pay for its planned $24.6 billion merger deal with rival Albertsons Cos. Inc. Source link...
La-Z-Boy says ‘challenged’ shoppers are pulling back on spending
Furniture maker says consumers continue to rein in their expenses outside holiday promotions. Source link...
Keysight shares rally on forecast as executives point to ‘stable’ backdrop
Keysight Technologies shares rallied after hours on Tuesday after the tech-services provider offered a fiscal fourth-quarter forecast that came in above Wall Street’s expectations. Source link...
How to invest money while saving for retirement? This tool may help.
You won’t succeed unless you can stick with your plan during challenging times Source link...
Payroll-data revision could rattle bond market ahead of Powell’s Jackson Hole speech
Bond-market participants are bracing for what could be a busy period of trading beginning Wednesday morning, pending a sizable downward adjustment in the government’s annual payrolls figure. Source link...
S&P 500 bursts back with most sharp daily gains in any month since June 2023
The S&P 500 has burst back from its early August slump with more sharp moves higher than any month since 2023, according to independent research firm CappThesis. Source link...
