S&P 500 closes little changed Tuesday as traders await March inflation report: Live updates
Two key economic data points weigh on the minds of investors this week: the latest consumer price index and the producer price index readings.
Bank of Korea holds rates; Asia markets rise as bitcoin hits $30,000
The Bank of Korea held rates at 3.50% for a second consecutive time as the nation grapples with an inflation rate of 4.2%.
A frozen IPO market signals two positive things for stocks, CNBC’s Jim Cramer says
“The incumbents are winning, and that means their earnings could be better than anyone thinks,” CNBC’s Jim Cramer said.
‘Everyone should want to own’ this discounted chip stock, says ‘Fast Money’ trader Tim Seymour
The VanEck Semiconductor ETF (SMH) is up 26% in 2023.
Deutsche Bank sees more than a 30% rally for this specialty biotech stock
Deutsche Bank upgraded Catalent on Monday to buy from hold as the company’s partnership with Moderna could help it grow market share.
Moderna says it hopes to offer new vaccines for cancer, heart disease, and other conditions by 2030
Moderna’s chief medical officer said advancements in mRNA technology since the outset of the Covid pandemic have ushered in a golden age for new vaccines.
Wall Street is looking at the positive side of Samsung’s 96% profit drop, production cuts. Here’s why
In conjunction with preliminary results pointing to a 96% drop in quarterly profit, Samsung said Friday it plans to cut production of two types of memory.
FBI warns against using public phone charging stations
The law enforcement agency said bad actors had figured out how to infect phones with malware using public charging cables.
Outlook for credit access hits record low while inflation expectations jump, NY Fed survey shows
Those reporting that credit is much or somewhat harder to get than a year ago rose to 58.2%, the highest ever.
Buy these stocks with fortress balance sheets to win in the slowing economy, Morgan Stanley says
The firm said these stocks have downside support and enough cash on hand to buy back shares or acquire companies at a discount.
