(Bloomberg) — Asian stocks extended a rally in global equities as jobs data backed the view that the US economy is headed for a soft landing. The yen gained as …
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Cryptocurrency News
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Cryptocurrency News
Investors should be hesitant to dive into stocks after the rate cut, with election uncertainty looming, Fundstrat’s Tom Lee says
by skolnesCindy Ord/Getty Images for Yahoo; iStock; Rebecca Zisser/BI Tom Lee has long called for a stock market rally after the Federal Reserve cuts interest rates. But after Wednesday’s big 50 …
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Cryptocurrency News
Trump Media stock drops as lockup expiration set to give the former president clearance to sell shares
by skolnesFormer President Donald Trump could reap billions if Truth Social’s parent company’s long-delayed merger finally goes through.Chip Somodevilla; Jakub Porzycki/NurPhoto via Getty Images Trump Media stock plummeted to its lowest …
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Cryptocurrency News
The Fed is following its 1995 playbook — and that’s great news for stocks and the economy
by skolnesThe Fed’s cutting cycle in 1995 sparked an economic boom, with the stock market more than doubling in value.Kevin Dietsch/Getty, Tyler Le/BI The Fed looks like it’s following the same …
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The stock of space exploration company Intuitive Machines (NASDAQ: LUNR) strongly defied gravity on Thursday. It closed the day more than 24% higher, thanks in no small part to news …
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Nike (NKE) named a new CEO Thursday, sending its stock up nearly 10% in after hours trading as the company attempts to reinvigorate slowing sales growth amid increased competition. Elliott …
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Cryptocurrency News
Nike names company veteran Elliott Hill as new CEO; John Donahoe to retire
by skolnes(Reuters) -Nike said on Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and CEO, as the sportswear giant shakes up its …
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Cryptocurrency News
Donald Trump said he would not sell his Truth Social stock. But he technically can starting Thursday.
by skolnesDonald Trump recently said he would not sell his stock in Trump Media & Technology Group (DJT). But, starting Thursday, he will have that option — something that’s not been …
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Key Takeaways Shares of Truth Social’s parent company fell Thursday, extending the stock’s latest round of declines. The stock traded as high as $70 shortly after its public listing through …
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(Bloomberg) — Skechers U.S.A. Inc. shares delivered their worst daily performance since February after the footwear company’s chief financial officer told an industry conference that China sales will be under …