June wholesale inflation declined more than expected, while another round of second-quarter earnings helped lift U.S. stock futures in early trading.
According to the report, Alphabet remains a core long-term holding as strong earnings, cloud growth, and price momentum support its case despite its already massive market presence.
A handful of company-specific moves stood out on July 14 as MGM and Braiin advanced, Exxon rose with oil prices, and Nvidia slipped with the broader tech sector.
Apple and Broadcom have expanded their semiconductor partnership in a move that strengthens Apple’s supply chain and could provide Broadcom with a meaningful revenue boost over several years.
Nearly 70 companies, including 29 S&P 500 members and several major bellwethers, are scheduled to report this week as analysts’ earnings forecasts continue to rise.
Berkshire Hathaway’s shares have recovered some ground in June, yet the company still lags the S&P 500 by a wide margin as the year moves into its second half.
Gold hit a new record early on Wednesday before retreating as traders started to take profits from this week’s rally.
Spot gold reached an all-time high of $2,758.49 per ounce, besting its previous record reached the day before by approximately $1. Other precious metals followed closely, with silver surging to...
Analysts at banking giant Goldman Sachs believe gold is the best long-term investment for the future while predicting the continuation of the recent rally for the precious metal.
In a recent research note, Goldman Sachs put a 2025 target price for gold at 2,700 per ounce compared to this week’s...
Production firm Skydance Media has struck a new deal to acquire entertainment conglomerate Paramount Global according to a report by The Wall Street Journal. The news comes just several weeks after Paramount’s controlling shareholder, Shari Redstone, walked out of a previous agreement with Skydance.
Reportedly, Skydance will buy Redstone’s National...
United Airlines Holdings Inc announced on Thursday its intention to invest $15 million in Eve Air Mobility, a subsidiary of Brazilian aerospace company Embraer. The major U.S. carrier also revealed that it will order 200 aircraft from the air taxi maker. An option for an additional order of 200...