Tag: business news
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We’re locking in triple-digit profits on an AI winner at record highs
The stock has soared this week for unclear reasons.
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Bayer wins Supreme Court case making it harder to sue over glyphosate in Monsanto’s Roundup
Glyphosate, used in Roundup weedkiller, is the most commonly used weedkiller in agriculture, and it has long been linked to cancer claims.
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Josh Brown says this bank stock on his list has a ‘holy trinity’ setup going for it
Josh Brown and Sean Russo go deeper on this banking name on their Best Stocks in the Market list.
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GM reveals 2027 GMC Sierra pickup with new V-8 engines, redesigned styling
The new GMC Sierra trucks are crucial to GM’s sales and earnings, especially highly profitable luxury Denali and off-road AT4 models.
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Micron is soaring after blowout earnings report. That’s good news for this other memory chipmaker, Citigroup says
Sandisk will likely benefit from the surge in memory demand that was behind Micron’s extraordinary results reported Wednesday, according to Citi.
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Luxury spending now driven by experiences and ‘inheritourism’
While luxury goods sales are expected to grow between 1% and 4%, experiences are on track for growth of between 3% and 7% this year, according to a new report.
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Bank of America says correction risks are rising, add protection into Q3
Wall Street is riding high this quarter. Bank of America thinks there may be some turbulence once the third quarter begins.
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Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows
The personal consumption expenditures price index was expected to show a 4.1% annual increase.
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U.S. giving topped $600 billion for the first time last year. Megadonors and bequests are to thank
The stock market rally turbocharged charitable giving in 2025, but primarily from wealthy donors.
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Micron topped lofty earnings expectations. Wall Street sees even more momentum as chipmaker announces a slew of deals
Micron delivered a strong earnings beat on Wednesday in addition to unveiling a slew of new deals that have analysts even more excited about the stock’s future.
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