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Topic

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.

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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.

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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.

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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.

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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.

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Tesla soars as Musk’s cheaper EVs calm fears over strategy

EV stock rebounds after suffering longest rout since late 2022.

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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.

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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.

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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.

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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.