Keith Gill, a Reddit user credited with inspiring GameStop’s rally, during a YouTube livestream arranged on a laptop at the New York Stock Exchange on June 7, 2024. Michael Nagle | Bloomberg | Getty Images GameStop shares fell about 12% on Monday as the meme stock extended Friday’s sell-off sparked by a dismal earnings report and […]
The debate around when the Federal Reserve will start to lower interest rates continues to influence market sentiment. Investors are interpreting important macroeconomic data, including jobs market reports, to decipher the current state of the U.S. economy. At the same time, Wall Street analysts continue to focus on picking individual stocks that can thrive […]
Back in December 2023, when the market was pricing in six or so rate cuts, Apollo Asset Management Co-President Scott Kleinman had a more contrarian view: He said he’d be betting against any rate cuts in 2024. That call so far has paid off. But higher-for-longer rates haven’t necessarily been a tailwind for the private equity industry […]
Barry Sternlicht, chairman and CEO of Starwood Capital Group, speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, on May 7, 2024. David Swanson | Reuters Barry Sternlicht, Starwood Capital Group chairman and CEO, defended his decision to cap how much money investors could pull from his […]
Traders work on the floor of the New York Stock Exchange. Brendan McDermid | Reuters In tumultuous markets, investors can turn to dividend-paying stocks that offer income and can help cushion a portfolio in tough times. Given the massive universe of dividend-paying companies, selecting the right stocks can be a difficult task. To that end, […]
The Texas Instruments Inc. logo is seen on scientific calculator packages in Tiskilwa, Illinois. Daniel Acker | Bloomberg | Getty Images Company: Texas Instruments (TXN) Business: Texas Instruments is a global semiconductor company. The company designs, manufactures, tests and sells analog and embedded processing chips for markets, including industrial, automotive and personal electronics. Texas Instruments’ […]
Omer Taha Cetin | Anadolu | Getty Images A major thesis around bitcoin ETFs was that financial advisors needed regulated funds like them to direct their wealthy clients to invest in bitcoin. Almost six months after the launch of those ETFs, there are few signs that advisors are clamoring for the funds. Many remain just as averse […]
Catherine Wood, chief executive officer of ARK Investment Management LLC, speaks during the Bitcoin 2022 conference in Miami, Florida, U.S., on Thursday, April 7, 2022. Eva Marie Uzcategui | Bloomberg | Getty Images Cathie Wood’s ARK Invest has taken a stake in Elon Musk’s startup xAI as she deepens her big bet on artificial intelligence. ARK Venture […]
Semler Scientific, a little-known medical technology company, saw its shares surge Tuesday after it said it has adopted bitcoin as its primary treasury reserve asset, taking a page out of MicroStrategy’s playbook. The company, which develops products used in the detection of peripheral arterial disease, also announced a purchase of 581 bitcoins for about $40 […]
Investors’ worries around stubborn inflation and the timing of Federal Reserve rate cuts is resulting in rocky markets. While macro challenges could affect near-term sentiment, investors with a long-term time horizon can use Wall Street analysts’ stock research to inform their investment decisions and enhance portfolio returns. Here are three stocks favored by the Street’s top […]