Here’s why a repeat of the Trump 2016 stock playbook may not work, Morgan Stanley says
Reaction by some stocks last week revealed hopes for a repeat of the Trump 2016 playbook, but Morgan Stanley says...
Robinhood brings AI to its customers with Pluto Capital acquisition
On Monday, Robinhood announced its acquisition of Pluto Capital, an investment-research platform that uses AI to offer tailored investment strategies....
Construction spending posts bigger-than-expected drop in May
Construction spending fell 0.1% in May, the Commerce Department reported Monday. Source link
Manufacturers mired in a slump, ISM finds, and aren’t adding much to the U.S. economy
A key barometer of U.S. factories fell in June for the third month in a row, signaling that an ongoing...
Meta is a big AI spender — and that can give its stock a big boost
The Facebook parent’s capital-expenditure budget could total $50 billion next year, according to an analyst. Source link
Biden student loan plan to resume amid legal challenge: appeals court
US President Joe Biden gestures after speaking about student loan debt relief at Madison Area Technical College in Madison, Wisconsin,...
Maersk shares jump on decision to scrap plans for DB Schenker takeover
The Danish shipping giant’s CEO said Maersk had decided to withdraw from the sales process after identifying challenges with integrating...
This is how much the largest 20 U.S. banks raised dividends after stress tests
Banks increasing payouts the most included Wells Fargo and Bank of New York Mellon. Source link
Is the market peaking? Not yet. But we’re getting closer.
10 signs that stocks are short of breath. Source link
Trump immunity ruling due in Supreme Court’s final decision day
Republican presidential candidate, former U.S. President Donald Trump speaks at a campaign rally at the Liacouras Center on June 22,...
The Fed's worst nightmare is officially here:
Today's data confirms ALL 3 inflation metrics are back on the rise.
For the first time since February 2022, Core CPI, PCE and PPI inflation are now rising at the SAME time.
Did the Fed spark a new wave of inflation?
(a thread)
The Fed's worst nightmare is officially here:
Today's data confirms ALL 3 inflation metrics are back on the rise.
For the first time since February 2022, Core CPI, PCE and PPI inflation are now rising at the SAME time.
Did the Fed spark a new wave of inflation?
(a thread)
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