After 24 consecutive quarters of purchasing a stock that's gained almost 5,750,000%, the Oracle of Omaha has suddenly gone a full year without buying one share.
Nvidia slipped nearly 1% Tuesday as chip stocks pulled back on renewed tariff concerns, though ARK Invest's latest buy highlighted continued institutional confidence.
A weaker-than-expected U.S. jobs report has significantly boosted expectations for a Federal Reserve interest rate cut as early as September, sending a wave of optimism through financial markets. This prospect of "cheaper money" is widely seen as a supportive catalyst for economic activity and asset valuations, contributing to a
While monthly jobs reports often grab headlines, savvy investors are increasingly looking beyond employment figures to a broader array of economic indicators for a more nuanced understanding of market health. Two such crucial metrics, Personal Consumption Expenditures (PCE) inflation and the Chicago Purchasing Managers' Index (PMI), are currently providing critical
The financial markets are abuzz with renewed speculation regarding a potential interest rate cut by the Federal Reserve, following the release of a surprisingly weak July jobs report. This critical economic data, which revealed sluggish labor market growth and downward revisions to previous months' figures, has significantly altered the landscape
Shares of JPMorgan Chase & Co. (NYSE: JPM) and Bank of America Inc. (NYSE: BAC) are trading lower Tuesday after President Donald Trump claimed the two banks discriminated against him by refusing to accept large deposits.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Bank of America (NYSE:BAC) and the best and worst performers in the diversified banks industry.
The U.S. economy finds itself at a pivotal juncture, marked by a cautious Federal Reserve, a significant dip in inflation, and a stark contraction in Wall Street's workforce. In March 2025, the Federal Reserve opted to hold interest rates steady for the second consecutive meeting, signaling a "wait-and-see" approach
Shares of streaming TV platform Roku (NASDAQ: ROKU)
jumped 6.7% in the afternoon session after a wave of positive analyst ratings followed the company's strong second-quarter earnings report. The positive sentiment from Wall Street came after Roku reported impressive second-quarter results late last week. The streaming company posted revenue of $1.11 billion and a surprise profit of $0.07 per share, which beat consensus estimates that had called for a loss. In response to the strong performance and an upgraded forecast, several investment firms, including Wedbush and Wells Fargo, boosted their price targets on the stock.
Bank of America analyst maintains Buy rating on Uber with price forecast of $115. Expects strong Q2 earnings driven by Mobility, Delivery and AV partnerships.
The financials sector has been strong all year, and with interest rate cuts on the table later this year, investors looking for exposure can turn to this ETF.
KeyCorp (NYSE: KEY) has recently experienced a notable dip in its share price, reflecting a broader retreat across the banking sector. This downturn signals a period of heightened caution among investors, as the financial industry grapples with a confluence of factors ranging from evolving interest rate expectations to shifting market
SoFi Technologies (NASDAQ: SOFI) delivered a robust performance in its second quarter of 2025, reporting record revenues, continued profitability, and impressive user growth. The fintech giant's strong earnings initially sent its stock soaring, signaling investor confidence in its diversified financial services model. However, the enthusiasm was tempered by the announcement
