Huge one-day rallies like we’ve seen lately are more common in bear markets
Investors shouldn’t get carried away when stocks soar in a single day.
New York Community Bancorp ‘is on its own’ to work out accounting mess, says analyst
Regional lender unlikely to find buyers given the uncertainty around its financials.
Most AI, software and semiconductor stocks are a crowded trade right now
Artificial intelligence is one of the most revolutionary technologies of our time, as I’ve been saying since 2022. Given Nvidia’s NVDA blowout earnings results last month,...
Oil prices rise after Gaza deaths heighten tensions
Oil futures trade higher early Friday.
Yum China CEO says consumers are growing more ‘rational’ as rising costs cut dining budgets
Yum China CEO Joey Wat said the Chinese consumer has been growing more rational for years.
Blast launches Ethereum L2 mainnet as attention shifts to Pullix
Blast’s mainnet is now live, unlockiing billions of dollars in staked assets for users. Pullix is days away from launching its native token PLX on...
How the Biden administration is tackling rising housing costs
The White House announced Thursday that multiple federal agencies will use government programs to encourage the construction of affordable rental and manufactured housing.
Treasury yields slip ahead of ISM manufacturing report
Bond yields slipped on Friday ahead of a key manufacturing report and a bevy of comments from Federal Reserve officials.
Stocks can still rise even as momentum signals suggest caution, history finds.
Overbought momentum doesn’t mean rally will come to a stop, says analyst.