Wall Street’s most overbought stocks include General Motors and a pharma stock
CNBC Pro screened for the 10 most overbought and oversold stocks in the S&P 500 using the “relative strength index.”
Ponzi schemers who raised $650 million on cattle, pot profit promises get 6 years in prison
Investors were told by the trio who ran the Ponzi scheme that money placed in cattle and marijuana ventures would produce profits of up to 20% in weeks.
Fed meeting minutes and retail earnings are in focus in the week ahead
Investors will focus on the central bank’s latest meeting minutes next week, along with earnings from major retailers.
Trump seeks to bar evidence of 2 other alleged sexual assaults at rape defamation trial
The writer E. Jean Carroll is just one of many women who have accused former President Donald Trump of sexual assault or misconduct. Trump denies the claims.
Ford warned some F-150 Lightning owners about separate EV battery issue before this month’s fire
The Ford F-150 Lightning owners are being asked to have their vehicles serviced to “prevent performance degradation” of the high-voltage battery.
Senators call on Medicare to offer broad coverage of Alzheimer’s treatments as public pressure grows
Eighteen Republicans and two Democrats, led by Sens. Susan Collins and Shelley Moore Capito, pushed Medicare to expand coverage for Alzheimer’s treatments.
Investors and techies gather in San Francisco to bathe in generative A.I. hype sparked by ChatGPT
Startup Jasper held a conference in San Francisco to discuss generative artificial intelligence. About 1,000 people showed up.
Maker of promising Alzheimer’s drug Leqembi expects full FDA approval this summer, expanded Medicare coverage
Even if the FDA grants full approval of the Alzheimer’s treatment Leqembi, the rollout will take years.
How many Chinese spy balloons did we miss and when did they start flying above the U.S.?
As analysts review past sightings of unidentified balloons, they will likely find some were Chinese spy flights over U.S. territory, lawmakers and experts say.
Dropbox finance chief warns San Francisco office space market has ‘deteriorated’
Dropbox struggled to sublease space in its massive headquarters after signing a record lease in 2017, and then getting hit with a pandemic and market downturn.
