Wealthy investors support Harris over Trump, new survey says
According to a UBS survey of investors with at least $1 million of investible assets, 57% plan to vote for Harris and 43% plan to...
11 favored bank stocks that still trade at cheap valuations
Bank stocks have been on quite a tear as interest rates have declined. But many appear to have room to run as the cost for...
David Tepper is buying ‘everything’ in China: ‘ETFs…futures…everything’
Billionaire hedge-fund manager David Tepper says it’s an “everything” rally in China after Beijing announced a slew of stimulus measures.
Pending home sales inch up in August on slight improvement in housing affordability
U.S. pending home sales rose 0.6% in August, as a big drop in mortgage rates prompted some home buyers to act.
Citi teaming up with Apollo to handle $25 billion in private-credit investments
Citi and Apollo will handle loan portfolio with capital from insurance annuity company Athene and Abu Dhabi’s Mubadala Investment Co.
Southwest Airlines’ stock surges after revenue outlook raised, buybacks resumed
Southwest Airlines’ stock surged Thursday after the air carrier raised its revenue outlook and indicated it would resume stock repurchases for the first time in...
Durable-goods orders were flat in August, beating forecasts of a sharp decline
Orders for U.S. durable goods were flat in August, the Commerce Department said Thursday.
Starbucks’ stock rises on upgrade. Coffee chain set for ‘grande comeback,’ an analyst says.
“We believe that Brian Niccol is the perfect CEO to guide the resurgence of today’s Starbucks,” a Bernstein analyst wrote in a Thursday note.
Micron’s stock could see its best day in 13 years. What’s behind the big move.
Micron’s stock momentum after earnings reflects relief over the guidance as well as an appreciation for the company’s ability to benefit from AI trends.