A ‘phenomenal’ stock: Irrationality has made this wealth manager look super cheap, investor says
Investment bank analysts expect the stock to rise by 35% over the next 12 months, according to FactSet polling.
CNBC Daily Open: The Russell 2000 is flashing a warning
The Russell 2000 fell 1.6% Monday, dragging down its year-to-date performance to negative 0.2%. While not a canary in a coal mine, it’s a cautionary tale.
Dow loses more than 400 points and goes negative for 2023 as interest rates spike: Live updates
The Dow Jones Industrial Average slipped Tuesday and the 10-year Treasury yield popped to its highest level since 2007.
The benchmark for small-cap stocks — the Russell 2000 — turned negative for the year
The index fell into the red for the year, in stark comparison to the large-cap-focused S&P 500.
Congress and Washington wonder if Biden and McCarthy cut secret Ukraine funding deal
A stopgap bill to fund the federal government until November avoided a shutdown but also lacked aid to Ukraine that President Joe Biden wants.
FTX customers who lost a fortune on the bankrupt exchange are doubling down on crypto
FTX’s multibillion-dollar cryptocurrency blowup hasn’t shaken some of its customers’ faith in the industry.
Morgan Stanley says investors are overlooking a $4 trillion opportunity in AI. These are the top stocks to play it
These stocks look poised to benefit from a multitrillion-dollar opportunity emerging in artificial intelligence.
These are JPMorgan’s top stocks for October
JPMorgan shares its top stocks list for October, including three new additions. One stock has rallied more than 155% this year but still has 25% upside.
The inside story of Dave Clark’s tumultuous last days at Flexport: Standoffs, politics, and spin
Flexport founder Ryan Petersen claimed in public that Dave Clark’s tenure as CEO featured too much spending, but internal documents tell a different story
Wharton’s Jeremy Siegel says the U.S. economy is ‘cooking’
Jeremy Seigel says higher bond yields have been pressuring the equities market while the economy remains strong.
