Visa and Mastercard stocks hit fresh records, underscoring a resilient U.S. consumer
Aggregate spending has been strong, even if American shoppers are getting choosier about what they buy.
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MBFC: Least Biased; financial data-driven coverage
Aggregate spending has been strong, even if American shoppers are getting choosier about what they buy.
That’s good for gold, stocks and long bonds. Eventually.
The company faces a high bar heading into its upcoming report, but analysts think it can still exceed expectations.
While certain U.S. sectors are facing headwinds from the new tariffs on Canadian goods, analysts have said the broad economic effects of the new 50% U.S. levies could be modest for the U.S. overall.
PDD Holdings reported a 12% decline in net profits in the three months ended June 30, surpassing Wall Street consensus.
There’s a way to play more interest rate angst or an Nvidia inspired tech bounce says Evercore ISI
“We don’t know whether they have signed leases or are renting month to month.”
SpaceX, trading at 93 times next year’s estimated earnings, seems hardly the stock to unite both short-term-focused hedge-fund managers and more long-term-oriented mutual-fund managers.
Tweaking my finances, work and life as I go from the “go-go” years to the “slow-go” years.
Cryptocurrencies and precious metals shot higher, while the U.S. dollar weakened, after the Treasury Department said it planned to double its bond buybacks.
Tariff refunds have been flowing back to companies since President Donald Trump’s levies were rejected by the Supreme Court.
The surprising move this week by Treasury Secretary Scott Bessent to intervene in Treasury markets to lower the cost of government debt undercuts the credibility of Federal Reserve Chairman Kevin Warsh to make interest-rate policy, experts said.
Also in Weekend Reads: The Gen Z online sports-betting trend, what’s next for Apple as Tim Cook exits, and a bullish take on Nvidia heading into earnings.
U.S. and Canadian officials were engaged in additional talks on Friday. Details about what’s in their new trade deal have trickled out.
“I’ve been unhappy for a while.”
Recent earnings results suggest that the typical shopper is ‘employed, still spending, and increasingly disciplined about it.’
“You’ll have to trust me when I tell you that she had love, support and opportunities.”
More people under 30 are using gambling as a shortcut to buying a home or paying student loans
The neoclouds are destined to be “cyclical leasing companies,” according to BCA analyst Noah Weisberger, which implies low valuations for the stocks.
“The public is going to have a harder and harder time accessing these benefits,” union official said.
Bitcoin was rising Monday near the $80,000 level that it last touched in May, after the cryptocurrency surged last week on the Treasury Department’s plans to buy back longer-dated Treasurys.
Valuations today are so stretched that it may not take much more straw to break the camel’s back.
Bessent’s move “does not change anything. It just reduces the cash that Treasury has on deposit,” one analyst says.
Nvidia’s controversial financial plays could actually keep the company on top, according to this analysis.
Bond yields are driven by the market’s estimate of the average federal funds rate over the next 10 years, plus some compensation for the risks associated with predicting that. Barclays finds bonds at fair value but not cheap yet.
“I also own my home and an SUV outright, with no outstanding debt.”
The market’s negative reaction to Alibaba’s announcement of a major share issue illustrates a broader skepticism among global investors about the eventual payback on present AI spending
U.S. stock-index futures dipped on Sunday, as it appeared the U.S. was on the verge of an all-out trade war with Canada, one of its biggest trade partners.
You can’t just sweep $40 trillion in U.S. national debt under a rug and forget about it — or so the bond market appears to be telling Treasury Secretary Scott Bessent.
Tap-to-pay is getting a TikTok makeover as shoppers turn checking out into a personalized accessory.
“She looked into COBRA, but the cost is absolutely ridiculous.”
Matt Zames will take on an unpaid adviser position at the Social Security Administration, according to reports.
The fast-fashion giant is targeting a listing in Hong Kong by Sept. 1. It’s been trying to go public for four years.
An Evercore ISI analyst sees strong growth ahead for storage makers, networking providers and Apple.
Is bitcoin ready to move on after a lengthy slump? One analyst says investors should be careful in trying to guess a bottom for the crypto.
Washington has no shortage of options. None are easy.
Hedge funds entered the second quarter all-in on the AI trade, but have begun to diversify their portfolios lately. They’re dipping into healthcare, energy and financials.
Rising yields threaten everything, especially overextended equities.
The “Fed Model” has turned bearish — how much should you care?
An important pain threshold has been crossed, one currency-market expert warns.
Elon Musk’s company now plans to launch orbital data centers by the end of next year.
A state-based financing system would introduce a new layer of uncertainty
After the federal government put new limits on certain types of student-loan borrowing this summer, lending experts expect more students to turn to private loans to help cover tuition costs.
One key is how any new U.S. sanctions might affect China, the No. 1 buyer of Iranian crude oil.
Medicare Advantage enrollees with diabetes aren’t healthier than Americans on traditional Medicare — despite the grocery and gym perks.
Morgan Stanley recommends quality stocks with large market capitalizations, adopters of artificial intelligence and the S&P 500.
Samsung Electronics stock had its worst day in three weeks on Monday as investors reacted to its shareholder return plan, souring the mood for other memory-chip making rivals.
Nvidia is due to report earnings on Wednesday, and “a very broad universe of companies” is tied to the themes that the chip giant represents.
Canada Prime Minister Mark Carney on Saturday announced his country would impose “dollar-for-dollar” tariffs on U.S. goods — a retaliatory measure after trade talks between the two nations broke down.
There is a strong historical pattern of postmidterm strength.
Home prices in America have changed dramatically over the last century — but the Midwest has remained a bastion of affordability through it all.
Maybe this stuff works on TV or on the stump. But it doesn’t work on Wall Street, where people can count.
The automaker plans to soon launch its Cybercab in Austin, Texas, and got the nod to deploy thousands of vehicles in Nevada.
Prediction markets like Kalshi are regulated in different ways across states. There’s a better way for them to thrive.
As demand far outstrips supply in the memory-chip market, SK Hynix and Samsung Electronics are generating outsize profits and throwing off huge free cash flow. Now both companies plan to return lots of this to shareholders
Shares of Jensen Huang’s company have struggled to make headway since its previous results day.
Film editor Billy Weber’s tranquil Los Angeles home has hit the market for $3.99 million.
Doctors and patients are excited about the possible breakthrough, but some analysts believe there’s too much hype.
Wall Street is hoping that John Ternus will shift Apple’s AI strategy by spending more, pursuing larger mergers and doubling down on innovation.
Treasury Secretary Scott Bessent’s plan to calm markets is being short-circuited.