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S&P 500 will be closer to 6,000 by year-end, Morgan Stanley’s Slimmon says, naming stocks to buy
After the sell-off in August, markets could have a “recovery rally” in mid-September, before tumbling “another leg lower” and bottoming in October, he says.
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Ex-Google CEO Eric Schmidt sees Nvidia as big AI winner: ‘You know what to do in the stock market’
Former Google CEO Eric Schmidt said in a recent talk at Stanford that, while he isn’t giving investment advice, Nvidia is the top beneficiary of the AI boom.
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Warren Buffett did something curious with his Apple stock holding
The identical 400 million share count in Apple and Buffett’s oldest and longest position Coca-Cola prompted some to believe he is done selling the tech stock.
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United CEO expresses ‘renewed confidence’ in Boeing after meeting with new leader Ortberg
United’s CEO Kirby had lunch with Boeing’s new CEO Kelly Ortberg in Texas this week.
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Trump openly criticizes Harris, says he is ‘entitled to personal attacks’ on his campaign opponent
Donald Trump accused Kamala Harris of weaponizing the justice system against him. As vice president, Harris has no direct control over DOJ or its investigations.
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JPMorgan: You can profit 70% of the time you buy the dip in corporate debt
The spread between high-grade corporate bonds and Treasury bonds widened this month, a sign that investors want higher yields amid uncertainty.
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Here’s the deflation breakdown for July 2024 — in one chart
Prices in some areas of the U.S. economy have deflated, meaning they’ve declined.
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UK infected blood victims to receive life-long payments
Affected individuals could receive more than £2.5mn after public inquiry found ‘chilling’ and ‘pervasive’ cover-up