Stocks rise following hot March inflation
The S&P 500 is poised to extend gains on tech earnings while short-term Treasury yields fell following brisk rise in Fed’s preferred inflation gauge.
Fed will cut once before presidential election, says Howard Lutnick
Cantor Fitzgerald’s chief executive predicts the central bank will “show off a little bit” just before voters head to the polls.
Tech stocks tumble after Meta misses on earnings
The Nasdaq 100 shed $400B, the Facebook parent slumped by as much as 16%, and AI believers are left on tenterhooks.
Concord ups the ante on Hipgnosis takeover battle
The music rights investor increased its bid to own the London-listed company’s enviable library of songs from iconic acts.
Trump Media doubles down on illegal short-selling claims
Parent company of Truth Social has flagged concerns that so-called "naked" short sales are happening.
Tesla soars as Musk’s cheaper EVs calm fears over strategy
EV stock rebounds after suffering longest rout since late 2022.
The pressure’s on for big tech firms, says BofA
All eyes are on the Magnificent Seven, say strategists at the banking giant, as earnings put promises around AI in focus.
Goldman strikes deal to exit robo business
The banking behemoth is transferring its automated investing business to Betterment as it refocuses on its Wall Street operations.
Just say no to Goldman’s executive comp plan, investors urged
Proxy voting firm cites ‘significant disconnect between pay and performance’ following CEO Solomon’s $31 million payday.
Muni bonds’ tax shield looking shinier amid US wealth boom
With tax and rate hikes on the horizon, a surge in high-earning American households sets up robust demand for munis.