Today: September 08, 2024
Today: September 08, 2024

Latest From David Randall

Business|Finance|Stock Markets

U.S. stock rally broadens as investors await Fed

A broadening rally in U.S. stocks is offering an encouraging signal to investors worried about concentration in technology shares, as markets await key jobs data

U.S. stock rally broadens as investors await Fed
Business|Finance|Stock Markets|Technology

'Super Bowl' Nvidia earnings stand to test searing AI trade

The rally in U.S. stocks faces an important test next week with earnings from chipmaking giant Nvidia, whose blistering run has powered markets throughout 2024.

'Super Bowl' Nvidia earnings stand to test searing AI trade
Business|Economy|Finance|News

Rollercoaster week in US stocks leaves investors braced for bumps ahead

A week of wild market swings has investors looking ahead to inflation data, corporate earnings and presidential polls for signals that could soothe a recent

Rollercoaster week in US stocks leaves investors braced for bumps ahead
Business|Economy|Finance|Technology

Spooked U.S. stock market faces tech earnings minefield, Fed meeting

Rattled investors are bracing for earnings from the market’s biggest tech companies, a Federal Reserve policy meeting and closely watched employment data in a

Spooked U.S. stock market faces tech earnings minefield, Fed meeting
Business|Technology

Nvidia investor dilemma: how much is too much in a stock portfolio?

Outsized positions in artificial intelligence darling Nvidia have boosted portfolio managers' returns this year but the bets stand to magnify risk if the

Nvidia investor dilemma: how much is too much in a stock portfolio?
Business|Economy

Morgan Stanley's Wilson says a 10% fall in S&P 500 by US election is 'highly likely'

A decline of 10% in the benchmark S&P 500 stock index before the U.S. presidential election in November is "highly likely," Morgan Stanley Chief Investment

Morgan Stanley's Wilson says a 10% fall in S&P 500 by US election is 'highly likely'
Business|Economy|News

Trump social media firm's rising shares pressure short-sellers, S3 says

Short-sellers in Trump Media & Technology Group are feeling the heat from the recent rally in the company's stock and the higher cost of borrowing its shares,

Trump social media firm's rising shares pressure short-sellers, S3 says
Economy|News

Jobs, inflation data may break the US Treasury market out of narrow range

A series of upcoming economic reports and Congressional testimony from Federal Reserve Chairman Jerome Powell could jolt U.S. government bonds out of a narrow

Jobs, inflation data may break the US Treasury market out of narrow range
Business|Economy

Rally in U.S. big tech stocks may be getting stretched

A blistering rally in U.S. big tech stocks may be due for a breather, offering hope for market segments that have been more tepid this year.

Rally in U.S. big tech stocks may be getting stretched
Economy

Maligned US real estate sector draws buyers eyeing rate cuts

Falling inflation and expectations of an economic soft landing are buoying hopes for U.S. real estate stocks in 2024, even as the sector continues to lag the

Maligned US real estate sector draws buyers eyeing rate cuts
Business

Battle for White House comes into sharper focus for Wall Street

Investors fixated on earnings and monetary policy are starting to factor in another variable that could sway markets this year: the 2024 U.S. presidential

Battle for White House comes into sharper focus for Wall Street
Business

US value stocks draw bargain hunters while AI fever rages

As fervor for artificial intelligence sweeps Wall Street, some investors are seeking bargains in more conventional areas of the stock market.

US value stocks draw bargain hunters while AI fever rages
Business

Nvidia's scorching shares drew hedge funds in Q4, filings show

Several well-known funds jumped into shares of chipmaker Nvidia at the end of last year, securities filings showed on Wednesday, potentially setting themselves up

Nvidia's scorching shares drew hedge funds in Q4, filings show
Business

Burry's Scion bets on Warner Brother Discovery, restaurant firms - filings

Hedge fund manager Michael Burry, known for his prescient calls ahead of the 2008 U.S. housing market crash, picked up shares of Warner Brothers Discovery in the

Burry's Scion bets on Warner Brother Discovery, restaurant firms - filings
Business

Goldman Sachs sees S&P 500 hitting 5,100 in 2024, boosting forecast

Goldman Sachs raised its 2024 S&P 500 target by 8% to 5,100, forecasting a tailwind for U.S. stocks from falling inflation and declining interest rates.

Goldman Sachs sees S&P 500 hitting 5,100 in 2024, boosting forecast
Business

BlackRock's Fink pushes back after firm criticized in Republican debate

BlackRock Chief Executive Larry Fink said on Thursday that the firm was unfairly targeted by candidates in the fourth Republican presidential debate, calling it a

BlackRock's Fink pushes back after firm criticized in Republican debate
Business

US regional banks shares surge after Bill Gross says they have hit bottom

Shares of a handful of U.S. regional banks popped on Thursday after famed bond investor Bill Gross said the danger in investing in them had passed.

US regional banks shares surge after Bill Gross says they have hit bottom
Business|Economy

Inflation, Fed meeting to give clues for US market direction

Investors will closely watch next week’s inflation numbers and Federal Reserve meeting for clues on whether the soft landing hopes that drove stocks to record

Inflation, Fed meeting to give clues for US market direction
Business|Economy

These early Tesla bulls are giving up on the stock

Some of Tesla's institutional shareholders are getting out, convinced that the electric carmaker's days of dizzying growth are in the rear-view mirror.

These early Tesla bulls are giving up on the stock
Business|Economy

Renaissance Technologies, Two Sigma among funds that dumped Boeing in first quarter

Renaissance Technologies, Two Sigma Investments and Arrowstreet Capital were among large firms that sold all their shares of embattled aircraft maker Boeing Co in

Renaissance Technologies, Two Sigma among funds that dumped Boeing in first quarter
Business|Economy

US small caps struggle as elevated interest rates take a toll

The prospect of interest rates remaining elevated as the Federal Reserve battles inflation is further clouding the outlook for shares of smaller U.S. companies,

US small caps struggle as elevated interest rates take a toll
Economy

Investors eye Fed rate cut, earnings as key to sustaining market rally

After a stellar start to the year for stocks, investors are on guard for potential bumps in the second quarter as they gauge whether the Federal Reserve delivers

Investors eye Fed rate cut, earnings as key to sustaining market rally
Economy

Market breadth suggests narrowing rally as S&P 500 hits records

As the S&P 500 has soared to fresh highs, fewer stocks have been participating in the rally, stirring worries that recent gains could reverse if the market’s

Market breadth suggests narrowing rally as S&P 500 hits records
Economy

Fed, earnings and economic data to test U.S. stocks at record highs

The U.S. stock market’s strong start to the year faces a major test next week in a stretch packed with big tech earnings, the Federal Reserve’s monetary policy

Fed, earnings and economic data to test U.S. stocks at record highs
Economy

Epic Treasury rally may be running out of fuel as Fed pivot priced in

A surge in U.S. government bonds has helped lift stocks and heightened investors’ appetite for risk.

Epic Treasury rally may be running out of fuel as Fed pivot priced in

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