People love to talk about the straw that broke the camel’s back. I think an anvil broke the bull market’s back last week. A straw would never have done it because, until last week, I didn’t see a lot on the back of a bull that would cause a straw …
Wall Street finished last week with big back-to-back declines, moving the S & P 500 away from Wednesday’s record-high close. Chip giant Nvidia had a rough week ahead of this week’s earnings. The S & P 500 flipped negative for all of last week, down 1.7%, after Friday trading extended the …
Apple CEO Tim Cook (L) takes a selfie with a greets customers on arrival for the release of the Vision Pro headset at the Apple Store in New York City on February 2, 2024. Angela Weiss | AFP | Getty Images When Apple revealed the Vision Pro in 2023, it …
The blessed, they are so few. That’s how I feel when I look at the crop of initial public offerings (IPOs) since 2020, a cornucopia of huge winners at the start of the decade, including Alex Karp’s Palantir, followed by a mighty fallow crop to the present. Trying furiously to …
Wall Street fought through a pair of inflation reports and more tariff headlines to post a strong week of gains. On Valentine’s Day, the S & P 500 even flirted with a fresh all-time high before ending Friday’s session with a tiny loss. For the week, the S & P …
Citi cuts Nvidia target ahead of earnings, still sees 37% upside Citi cut its price target on Nvidia ahead of its earnings report later this month. Analyst Atif Malik reduced the 12-month price target to $163 from $175 previously. The new forecast still represents a 37% rally from Tuesday’s close …
Shares of Alphabet were under pressure in after-hours trading Tuesday, following the tech giant’s quarterly revenue miss and much higher-than-expected 2025 capital expenditure guidance. Revenue for the fourth quarter ended Dec. 31 climbed 12% year over year to $96.47 billion, short of the $96.56 billion consensus estimate compiled by LSEG. Adjusted …
U.S. President Donald Trump this weekend announced hefty tariffs on his country’s three biggest trading partners, leaving investors scrambling to position themselves for a global trade war. Canada and Mexico face 25% duties on their exports to the U.S., with a lower 10% levy imposed on Chinese goods. Canada has …
“My pathway led by confusion boats / mutiny from stern to bow.” That phrase, from Bob Dylan’s 1964 classic, “My Back Pages,” seeped into my head Friday afternoon, as I sought to reevaluate the role of tech in the Charitable Trust. We had just reviewed Eaton’s very good — though …
Earnings season ramps up another notch next week to start February, forcing investors to wade through a barrage of quarterly results amid ongoing policy uncertainty that promises upheaval for an already choppy stock market. The January jobs report is also due out Friday. Next week will be the busiest stretch …
