Banking: Wells Fargo hikes dividend more than other banks but banks hit pause button on stock buyback plans
Bank stocks start out the second half with gains as they update their dividend plans but remain mum on new stock buybacks.
Bond Report: Treasury yields hold steady ahead of Fourth of July holiday break
The policy-sensitive 2-year Treasury yield is little changed during shortened, preholiday trading on Monday, after U.S. economic data comes in somewhat mixed.
: Monster agrees to acquire Bang Energy performance drinks and facility in Arizona
Monster Beverage Corp. MNST said Monday it has entered an asset purchase agreement with Vital Pharmaceuticals to acquire Bang Energy’s performance drinks and a production...
: Energy stocks get a broad boost from rising crude oil prices
Shares of oil and gas companies traded broadly higher Monday, as crude oil prices climbed toward a fourth-straight gain. The Energy Select Sector SPDR exchange-traded...
: SoFi’s stock already bakes in most ‘good news’ on student lending, analyst says
As the student-loan payment moratorium nears its end and in the wake of the Supreme Court’s move to strike down President Joe Biden’s plan to...
: Rivian stock rallies toward a 4-month high after EV production more than triples in latest quarter
Shares of Rivian Automotive Inc. RIVN jumped 4.0% in premarket trading Monday toward a fifth-straight gain after the electric vehicle maker announced second-quarter production and...
: NLS Pharmaceutics shares rise as narcolepsy treatment moves to phase 3 studies
Shares of NLS Pharmaceutics Ltd. NLSP gained 12% premarket on Monday after the Swiss clinical-stage biopharma company said it would proceed with phase 3 clinical...
: There’s ‘no replacement’ for Nvidia when looking at AI stock plays, analyst says
Nvidia Corp.’s stock NVDA remains the ultimate way to play the trend of artificial intelligence, according to a Mizuho analyst. “There really is no replacement...
: U.S. stocks open mostly lower ahead of July 4 holiday, market set to close early
U.S. stocks opened mostly lower Monday, as investors await manufacturing data that will be released before the market’s early close ahead of the July 4...