Breaking News: Markets
Fed Governor Waller sees more rate cuts but says central bank needs to be ‘cautious about it’
Key Points Fed Governor Christopher Waller said Friday that he continues to support lowering interest rates but said the central bank needs to be careful amid conflicting economic signals. “I want to move towards cutting rates, but you’re not going to do it aggressively and fast, in case you make a big mistake on which […]
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Trump’s Fed chair candidates list narrowed down to five by Bessent after interviews, sources say
Key Points The list of candidates for Fed chair is down to five from 11 after a series of interviews with Treasury Secretary Scott Bessent, according to sources. The remaining list of candidates includes Fed Vice Chair for Supervision Michelle Bowman, Fed Governor Christopher Waller — along with Kevin Hassett, the director of the National […]
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‘Bitcoin is not an asset class’: UK’s biggest investment platform has a stark warning for investors
Key Points The U.K.’s biggest retail investment platform, Hargreaves Lansdowne, has urged traders to exercise caution on cryptocurrencies. “The HL Investment view is that bitcoin is not an asset class, and we do not think cryptocurrency has characteristics that mean it should be included in portfolios for growth or income,” the firm said. A longstanding […]
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Asia-Pacific markets set to open lower, tracking Wall Street losses
Sunset scene of light trails traffic speeds through an intersection in Gangnam center business district of Seoul at Seoul city, South Korea Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets were set to open lower Friday, tracking Wall Street declines as investors assess the state of the economy. Japan’s benchmark Nikkei 225 index was […]
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Stock futures are little changed after S&P 500, Nasdaq pullback from record highs: Live updates
Traders work during the Alliance Laundry Holdings Inc. initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, US, on Thursday, Oct. 9, 2025. Michael Nagle | Bloomberg | Getty Images Stock futures are little changed after both the S&P 500 and the Nasdaq Composite closed lower following […]
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An AI stock showing a classic uptrend that investors should ride for as long as possible
As cloud plays like Arista Networks, Inc. (ANET) have continued to impress, there have been numerous calls for an end to the relentless uptrend. But using a classic trend-following toolkit, we see this chart as “innocent until proven guilty.” Today we’ll break down why this chart remains in a bullish configuration, review some of the […]
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Delta says premium travel is set to overtake coach cabin sales next year
A view from the Delta Sky Club at Los Angeles International Airport, Sept. 2, 2022. AaronP | Bauer-Griffin | GC Images | Getty Images Delta Air Lines customers are getting used to first class. Revenue from the pricier, roomier seats toward the front of the plane could eclipse sales from standard coach seats for at […]
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Stocks making the biggest moves midday: Oracle, Ferrari, Delta, Albemarle and more
Check out the companies making the biggest moves in midday trading: Oracle — Shares of the software company rose more than 3% on Thursday after Baird initiated coverage with a outperform rating and a $365 price taget. The firm said Oracle has a strong position in the artificial intelligence growth story. The stock has had […]
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Rare earths stocks surge after China tightens grip on global supplies
A wheel loader operator fills a truck with ore at the MP Materials rare earth mine in Mountain Pass, California, U.S. January 30, 2020. Steve Marcus | Reuters Shares of U.S. rare earth and critical mineral miners surged Thursday after China tightened restrictions on exports, fuelling market speculation that the Trump administration will move more […]
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Novo Nordisk shares slip after pharma giant announces $4.7 billion U.S. acquisition
LONDON — Shares of Danish pharmaceutical giant Novo Nordisk fell 1.1% on Thursday after the company announced plans to acquire U.S. biotech firm Akero Therapeutics. The deal will see Novo pay $54 per share, valuing Akero at $4.7 billion, with the acquisition also including a contingent value right of $6 per share, potentially adding another […]
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