Tag: business news
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We’re trimming another stock to increase cash ahead of any SpaceX IPO volatility
We’re making our fourth sale this week to bring our cash position close to 12%, in preparation for what we expect will remain a volatile market ahead.
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Inflation is eroding cash returns. Here’s where to park your savings
While inflation is a normal part of the economy, the higher it is, the more your idle cash is losing purchasing power over time.
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Two reasons for optimism after Tuesday’s whipsaw market sell-off
There’s reason for optimism, judging by bullish options flows around stocks that do better when interest-rates stay lower, and call-buyers who are prepared for the biggest move in Oracle since Covid.
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RBC downgrades this apparel company on worries its turnaround will take longer than expected
The bank said Nike, while making some progress under Elliott Hill, is still struggling to mount a comeback.
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Trump says Iran will ‘pay the price’ and claims they have ‘taken too long’ to agree to a deal
The president’s comments came after U.S. forces on Tuesday evening launched strikes against Iran.
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How pandemic car shortages are still making new and used cars expensive
Pandemic-era shortages are still pushing up used car prices, and automakers learned lessons from that time that stands to keep supply tight
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Weekly mortgage demand surges nearly 11% higher, despite volatile interest rates
Mortgage demand from both current homeowners and potential buyers rose sharply, even though interest rates rose as well.
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It’s time to get back into this fast-casual stock, UBS says
The bank thinks shares of Cava are set to rise on the back of same-store sales growth and a growing number of locations.
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Meta agrees to Indian AI data center deal as hyperscaler bolsters its infrastructure
Meta signs a deal with Mukesh Ambani’s Reliance Industries to lease an AI-enabled data center in India.
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Energy prices take center stage as the ECB prepares to decide on rates
The ECB is expected to raise rates by 25 basis points as higher energy prices drive inflation and raise concerns about broader price pressures.
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