Morgan Stanley’s Mike Wilson is out with his new 2024 outlook, and he sees the stock market stuck
Wilson predicts the S&P 500 will reach 4,500 in 2024, marking less than 2% upside from Friday’s close.
Watch now: ETF Edge on a legendary value investor launching his first fund… but it’s not about value
This year has been a ‘nightmare’ for investors with most stocks, assets underperforming, according to Ned Davis Research
A peek inside the S&P 500 shows the stock market rally has been narrow, the firm’s strategist says.
Salesforce appoints longtime executive Denise Dresser as Slack CEO
Longtime Salesforce executive Denise Dresser has been appointed CEO of Slack, according to Marc Benioff.
Donald Trump Jr. returns to witness stand as defense lays out its case in $250 million business fraud trial
Trump Jr.’s testimony comes after a judge did not rule on a request by Donald Trump Sr.’s lawyer to throw out NY Attorney General Letitia James’ fraud case.
Nvidia unveils H200, its newest high-end chip for training AI models
Nvidia said the H200 will generate output nearly twice as fast as the H100, based on a test using Meta’s Llama 2 large language model.
Pfizer wants in on the weight loss drug market – and upcoming data will be crucial for its success
Analysts said upcoming data on Pfizer’s obesity pill, danuglipron, will be crucial to how competitive the company can be against Eli Lilly and Novo Nordisk.
Growing geopolitical conflicts have some investors feeling guilty about buying defense stocks
Some retail investors are opting out of defense names despite knowing they typically perform better in war times.
House Republicans unveil their plan to avert a government shutdown next week
Congress has until Friday night to keep the government funded. The House plans to vote on its short-term funding bill as early as Tuesday.
Starlink’s rapid growth and influence has made it an indispensable part of Elon Musk’s SpaceX
Starlink is SpaceX’s answer to providing global, high-speed internet coverage using a network of thousands of satellites buzzing around the Earth.
