(Bloomberg) — Asian stocks advanced, as the focus shifted from Middle East tensions to company earnings and economic data for insight into the direction of central bank policy. Most Read from Bloomberg Benchmarks across the region recouped some of last week’s slide as traders took comfort in the absence of further escalation from Iran following […]
Tesla cuts the price of its “Full Self Driving” system by a third to $8,000 Tesla knocked roughly a third off the price of its “Full Self Driving” system — which can’t drive itself and so drivers must remain alert and be ready to intervene — to $8,000 from $12,000, according to the company website. […]
(Bloomberg) — Asian stocks opened higher as focus shifted to a slew of company earnings and economic data this week for insight into the direction of central bank policy. Most Read from Bloomberg Benchmarks in Japan, Australia and South Korea all rose more than 1% early Monday, partially recovering after last week’s slump. The dollar […]
Shares of Arizona Metals Corp , a Canadian gold explorer, could more-than double, according to analysts at Scotiabank — and their price target is more conservative than most. The investment bank reiterated its bullish stance on the mining company after it released new drilling results from its Kay Mine Project, located 45 miles north of […]
Global stock markets may be coming under pressure from geopolitical tensions and sticky inflation — but one portfolio manager sees potential in several stocks. “There are always investment opportunities to be found in all market conditions. We’re looking out for stocks that we think are better than the market currently believes,” Rob Hinchliffe, managing director […]
The S&P 500 and Nasdaq Composite have been on an impressive run since the start of 2023. This bullish sentiment might have investors worried that they can’t find attractive buying opportunities. Yet, there are still cheap businesses to buy, and I think PayPal (NASDAQ: PYPL) is one of them. Shares of the online payments service […]
Google, Apple, Facebook, Amazon, and Microsoft logos displayed in front of an EU flag.JUSTIN TALLIS/AFP via Getty Images Wall Street is gearing up for the highlight of earnings season this week. Mega-cap names that make up the Magnificent Seven will begin reporting, starting with Tesla. Investors are looking for Elon Musk to soothe fears after […]
Getty Images/Bryan R. Smith The ongoing stock market sell-off is close to ending, according to Fundstrat’s Tom Lee. Lee offered five reasons why he expects the multi-week stock decline will soon reverse. “Equities had a strong first quarter 2024, so the fact that stocks are consolidating and even drifting lower is not entirely a surprise,” […]
Joe Biden and Donald Trump 2024. Brendan Smialowski | Jon Cherry | Getty Images More voters trust Donald Trump than President Joe Biden to deal with inflation and the cost of living, their top concerns for the U.S., according to the latest NBC News poll. The poll of 1,000 registered voters nationwide found that 52% of […]
(Bloomberg) — With Treasuries on track for their worst month this year, a hefty slate of auctions looms as a major test of whether yields have peaked after reaching the highest levels of 2024. Most Read from Bloomberg Investors are bracing for a tricky week, even beyond the risk of further volatility because of tensions […]
Making long-term predictions is difficult. Who would have guessed 10 years ago that Nvidia would be one of the largest companies by market cap in the world? Very few. Despite this uncertain future, I still believe it is useful for investors to look out five to 10 years and think about what companies could be […]
Despite two years of higher-than-normal inflation and rising interest rates, U.S. consumer spending has remained remarkably resilient. That resilience has helped keep the economy from sliding into recession, despite the pessimistic forecasts that it would. Because it’s one of the largest banks in the U.S., Bank of America‘s (NYSE: BAC) metrics can provide investors with […]
