Finance
Finance
Goldman gives up on negative AMD call, upgrades chipmaker after more than 80% rally this year
Wall Street rarely talks about its mistakes, but Goldman Sachs is now admitting it was wrong with its pessimistic view of AMD shares....
The market finally may be ready for a big rotation
All year, two groups felt kind of bulletproof: FAANG names because the growth was so amazing, and small caps (Russell 2000) because the...
Esports video gaming finals meet in real life this weekend in New York
The Overwatch League competes in real life, and in real time, for the Grand Finals this weekend in New York. “Tonight we’re going...
Ellie Mae’s closed loan applications increase despite housing shortage
Ellie Mae reported an increased number of closed loans on its Encompass platform despite ongoing shortages in the housing market. With 721,000 loan...
Russia has been offloading its US debt holdings at breakneck speed–but here’s what’s behind it
The Russian government, previously considered a significant holder of U.S. debt, has been steadily — and sharply — paring down the vast majority...
Charts show why oil is poised to stand ‘head and shoulders’ above the market, says BofA technician
Investors may want to consider unloading bonds in favor of crude oil. According to Bank of America-Merrill Lynch’s Paul Ciana, there are two...
Your first trade for Wednesday, July 25
The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of General Motors Karen Finerman was...
Senators Warren & Sanders introduce bill that would slash Puerto Rico’s debt
Senators Elizabeth Warren (D-Mass) and Bernie Sanders (I-VT) have introduced a new bill that would essentially wipe out tens of billions of dollars...
JP Morgan says Twitter is a top pick into earnings Friday
Twitter shares will keep going higher, even after their stunning rally so far this year, as the company benefits from its platform changes,...
Veteran investor Peter Boockvar doesn’t find stocks tempting right now
. Despite strong second quarter earnings reports, the Bleakley Advisory Group chief investment officer sees trouble brewing as central banks around the world...
Trump reportedly considering 25 percent tariff on foreign-made cars
Despite warnings from fellow Republicans and business leaders, White House advisors believe President Donald Trump has plans to impose a 25 percent tariff...
Your first trade for Wednesday, July 18
The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of L Brands Karen Finerman was...
Morgan Stanley shares jump more than 3% after profit tops the Street on strong trading and #investment #banking
Morgan Stanley crushed profit expectations on trading and investment banking results that exceeded analysts’ expectations. The New York-based company said profit surged 39...
Elon Musk apologizes to British cave diver following baseless ‘pedo guy’ claim
Tesla CEO Elon Musk apologized after making the baseless claim that a British diver involved in the Thai cave rescue mission was a...
Amazon shares slide despite record Prime Day results
Shares of Amazon ticked lower on Wednesday despite the e-commerce giant reporting its annual Prime Day was its biggest sales event ever. The...
