The S&P 500 Index, as tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY), achieved historic all-time highs during the last session of the week, marking a significant milestone following more than two years since its previous peak.
Major tech stocks led ...
One of the largest office buildings in the world is going solar, a move that could help provide a boost in interest in solar stocks.
What Happened: While clean energy continues to be a topic among politicians, investors and analysts, the sector saw ...
Cathie Wood is standing firm in her support for Bitcoin (CRYPTO: BTC) despite a 5% weekly decline, tweeting that the apex crypto is backed by the world's largest computer network.
What Happened: The Ark Invest CEO remains unfazed by sliding Bitcoin ...
Jeff Sommer, a weekly finance columnist for the New York Times, doesn’t seem to like bitcoin ETFs. Joke’s on him, though, because everyone else seems to.Up-to-date info isn’t available, but it’s now known that investors have poured at least $1.9 billion in
Top Stories for Jan. 19, 2024:
1. The boron and lithium company 5E Advanced Materials, Inc. (NASDAQ: FEAM) announced that it selected Fluor Corporation as its engineering, procurement and construction services provider.
The company will lead 5E’s ...
China’s overseas travel has never significantly recovered since the COVID-19 pandemic. Although the country lifted all pandemic measures over a year ago, foreign tourism remained substantially lower than pre-pandemic levels.
Data from aviation ...
Technology giant Microsoft Corporation (NASDAQ:MSFT) made headlines in early 2023 with a $10-billion investment in OpenAI, the parent company of ChatGPT.
A year later, Microsoft's partnership with OpenAI is drawing the attention of the U.S. Department ...
The S&P 500 Index, a widely-followed gauge of the U.S. stock market, achieved a fresh all-time high Friday. The index reached a level of 4,826 during intraday trading, surpassing previous peak levels seen over two years ago on Jan. 4, 2021.
Similarly, ...
Few people in modern history have fallen faster than FTX Trading Ltd. Founder Sam Bankman-Fried, who went from a financial genius to a federal prisoner when his cryptocurrency exchange failed. Perhaps the most obvious reminder of that for ...
Sports betting operator DraftKings Inc (NASDAQ:DKNG) received an upgrade from Stifel analyst Jeffrey A. Stantial. The move comes amid the NFL playoffs and ahead of Super Bowl LVIII.
The DraftKings Analyst: Stantial upgraded shares of the Boston-based ...
The S&P 500 index, up 0.7%, hit 4,819 points at 1:13 p.m. ET in New York, breaking the prior record highs of two years ago. Bulls are back in control of Wall Street, with technology stocks also extending all-time highs, driven by companies linked to ...
Iran and Pakistan have indicated their joint willingness to de-escalate tensions between the neighboring countries, with both foreign ministers engaging in a telephone conversation on Friday to discuss the matter.
The historically rocky relationship ...
As Starbucks Corp (NASDAQ:SBUX) heads closer to reporting its first quarter earnings on Jan. 30 after market hours, analysts have begun assessing the company to update their investment stance.
Starbucks stock is down over 10% over the past year, ...
Shares of online education technology companies Duolingo Inc (NASDAQ:DUOL) and Coursera Inc (NYSE:COUR) are trading lower after Goldman Sachs analyst Eric Sheridan downgraded the stocks.
While the analyst expects the education sector to benefit from ...
Like the first crypto-carrying moon lander, the first week of Bitcoin (CRYPTO: BTC) exchange-traded funds proved to be a bust.
Two funds, BlackRock Inc. (NYSE: BLK) and ProShares, surpassed the $1 billion mark in assets under management, but the ...
The @satoshi X (formerly Twitter) account tweeted "Hello world." on the afternoon of Jan.18 but failed to generate any speculation about whether Satoshi Nakamoto, the long-lost inventor of Bitcoin (CRYPTO: BTC), has reappeared.
What Happened: The ...
U.S. consumer confidence in January continues to exceed even the most optimistic expectations among analysts, reaching its highest levels in two and a half years, a testament to the robust resilience of household demand.
Meanwhile, existing home sales ...
Two legendary athletes and an actor are teaming up for a sports betting company’s Super Bowl LVIII commercial to air during the big game on Feb. 11.
What Happened: Media company Paramount Global Inc (NASDAQ:PARA)(NASDAQ:PARAA) will telecast Super Bowl ...
Blackstone Inc. (NYSE:BX) is the largest alternative asset management company in the world, with nearly $1 trillion in total assets under management as of Sept. 30. The financial institution has several multifaceted funds designed to offer ...