Monday, July 15, 2024
The Industrial Select Sector SPDR Fund ETF (XLI) jumped +2.44% for the week ended July 12, while, the SPDR S&P 500 Trust ETF (SPY) rose +0.96%. Joby Aviation took the top spot among the...
Famed investor Mario Gabelli has filed a lawsuit that seeks access to Paramount Global's (NASDAQ:PARA) books and records. The investor is seeking more details about the valuation of National Amusements assets, according to...
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The advent of artificial intelligence (AI) at the start of this decade might be one of the biggest advances in technology over the last 50 years - or at least, that's what investors certainly...
Weakening consumption and pressure in the housing market are among seven points outlined by Pantheon Macroeconomics about why the Federal Reserve should start cutting rates in the coming months. June’s cooler-than-expected Consumer Price...
Vietnam-based electric vehicle maker VinFast Auto (NASDAQ:VFS) has slashed its full-year outlook for EV deliveries and delayed its North Carolina production facility, citing macro headwinds and uncertain market conditions. Detailing its Q2 output, Hai...
Take-Two Interactive Software (NASDAQ:TTWO) rose 2% as an update from Jefferies cemented it as the firm's top pick in interactive entertainment while also weighing in on Electronic Arts (NASDAQ:EA) and Roblox (NYSE:RBLX). "The wait...
Makers and distributors of building materials rose on Thursday a soft inflation report lifted hopes that the Federal Reserve will make loans more affordable for homebuyers. The Consumer Price Index fell 0.1% in June...
Goldman Sachs argued that the artificial intelligence (AI) trade that Wall Street has been riding for the past 18 months has come under increased scrutiny of late as market participants are starting to show some concerns. The investment...
The S&P 500’s health care sector (NYSEARCA:XLV), holding a weightage of 12.12% in the S&P 500 index, saw a fall of 0.49% in Q2 and is the fifth lowest scored sector by the SA Quant rating system. With...