Markets
Ether has been dramatically underperforming bitcoin as the investment case for the cryptocurrency weakens
Crypto investors are starting to question the investment opportunity in ether . Ethereum has always been seen as the blockchain with a stronger and more easily understood value proposition as a smart contracts platform that could power many different types of applications. Now, investors are reckoning with the possibility that ether may have lost some […]
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ETFs are on pace to break record annual inflows, but this wild card could change it all
ETF Edge ETFs are on pace to break record annual inflows, but this wild card could change it all Published Sat, Sep 7 202411:00 AM EDT Natalie Zhang@nat_zhang WATCH LIVE Source
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Small nuclear reactors could power the future — the challenge is building the first one in the U.S.
Nuclear plants could become smaller, simpler and easier to build in the future, potentially revolutionizing a power source that is increasingly viewed as critical to the transition away from fossil fuels. New designs called small modular reactors, or SMR in shorthand, promise to speed deployment of new plants as demand for clean electricity is rising […]
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3 ways Wall Street’s largest banks are leveraging AI to increase profitability
Big banks are jumping headfirst into the AI race. Over the past year, Wall Street’s largest names — including Goldman Sachs , Bank of America , Morgan Stanley , Wells Fargo to JPMorgan Chase — ramped up their generative artificial intelligence efforts with the aim of boosting profits. Some are striking deals and partnerships to […]
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Bull market limps into 2-year birthday with soft economic landing in doubt and stock leaders failing
The bull market was born nearly two years ago and has been sustained ever since by a sole premise: Inflation is falling faster than the U.S. economy is slowing. The downslope of price pressures was set to meet the steady advance of GDP at a crossroads called Soft Landing, at which the Federal Reserve could […]
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This gym stock is a buy because of the breakout popularity of pickleball, says Bank of America
The explosive rise of pickleball has at least one major beneficiary: Life Time Group Holdings . According to Bank of America analyst Alexander Perry, the upscale fitness and lifestyle company is set to reap the rewards of the continued surge in popularity of pickleball , a sport which exploded during the Covid lockdown and has […]
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This semiconductor ETF just had its worst week since 2020. Here’s what’s next
Chip stocks kicked off September with their worst stretch in over four years, as shares of artificial intelligence favorite Nvidia lost momentum and concerns over U.S. economic growth weighed on the market. The VanEck Semiconductor ETF (SMH) sank 11.7% in the Labor Day-shortened, four-day trading week. That was its worst week since a 15.2% drop […]
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Wells Fargo’s top picks in September include this tech giant and pharma leader
Wells Fargo highlighted a slate of stocks for September that are poised for major upside. CNBC Pro combed through the firm’s research for overweight-rated stocks that analysts believe have even more room to run. They include Uber Technologies, Microsoft, Burlington Stores, D.R. Horton and Eli Lilly. Burlington Stores “Momentum is building,” analyst Ike Boruchow said […]
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Stocks making the biggest moves midday: Intel, Nio, Super Micro Computer and more
Check out the companies making headlines in midday trading: Nio — U.S. shares of the Chinese electric vehicle maker popped 2% after a JPMorgan upgrade to overweight from neutral. The firm said Nio could be in for a recovery rally after a tough year so far. Super Micro Computer — Shares shed 6% after JPMorgan […]
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S&P 500 slips, heads for worst week since April: Live updates
Traders work on the floor of the New York Stock Exchange during afternoon trading on Sept. 5, 2024. Michael M. Santiago | Getty Images The S&P 500 fell slightly Friday, and headed for its worst week since April, as investors assessed a weaker-than-expected August jobs report and its implication on U.S. monetary policy. The broad […]
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