Tag: business news
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Chip rebound has one trader buying protection
Chip stocks are bounding back Monday, but the rebound doesn’t mean tech investors are in the clear, according to Mike Khouw.
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Strait of Hormuz traffic won’t return to normal until end of the year, traders say
Two weeks ago traders saw a 60% chance that the Strait of Hormuz would open before August. Now traders see a higher chance that it will open before 2027.
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Two Josh Brown stocks bucking the real estate headwinds: The new data center landlord and a mall owner
Josh and Sean break down Prologis and Simon Property group, which have been holding their trends despite rising rates threatening the REIT sector.
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Household worries over finances hit highest level since July 2022, New York Fed survey shows
While the central bank’s monthly survey showed the inflation outlook mostly unchanged, the general perception of conditions deteriorated.
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Novo and Lilly are competing to win the GLP-1 pill market as they prepare for Medicare coverage
Novo Nordisk and Eli Lilly bring their longtime rivalry to GLP-1 pills and prepare to make their pitch to seniors with Medicare.
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Food supply ‘not at risk’ after new Texas screwworm cases, USDA secretary says
The U.S. will lean on the same playbook it did starting in the late 1950s, part of which involves releasing sterile insects to suppress the pest’s population.
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JPMorgan sees shares of the Wrangler jeans maker gaining nearly 30%
The bank says the company’s narrower portfolio, after it sold its other denim vertical Lee, creates an opportunity for growth.
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Bank of America says take profits: ‘Too many red flags’
The spread between the best and worst performing tech stocks is close to the February 2000 level — at the peak of the internet era’s dot.com bubble.
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WWDC 2026 live updates: Apple AI, Siri and iPhone software in focus
Follow Apple WWDC 2026 live updates as the keynote spotlights AI, software, Siri and developer tools and likely CEO John Ternus’s first major appearance.
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This startup wants to reduce payment friction on prediction markets
EDGE Markets is announcing two new products to solve payment issues in prediction markets, the company shared exclusively with CNBC.
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