Tom Lee, who nailed the inflation call, reveals what the market needs to hit all-time highs
Tom Lee, who called the market rally after June’s weaker-than-expected inflation report, said the S&P 500 could hit a record high soon — on one condition.
Under-the-surface improvements in the S&P 500 signal big gains ahead, history shows
Bespoke Investment Group noted that roughly 80%-85% of S&P 500 stocks are trading above their 50-day moving average.
‘I am not Amazon’ and ‘people want to see gratitude’: UK minister’s comments on Ukraine cause a stir
Ben Wallace’s remarks were made on the side lines of a NATO summit in Lithuania.
Former Celsius CEO arrested, company agrees to pay $4.7 billion settlement
Ex-Celsius CEO Alex Mashinsky was arrested on federal securities fraud charges as the FTC announced a $4.7 billion settlement with the bankrupt crypto exchange.
Thailand’s Pita defeated in parliament in bid for PM
Thailand’s Pita Limjaroenrat failed on Thursday in his initial bid to become Thailand’s next prime minister, after he was thwarted in a high-stakes parliamentary vote.
Europe sizzles as a heatwave sweeps the continent, pushing temperatures close to record levels
Climate scientists are deeply concerned about a recent spate of global heat records.
Disney pulling back on making Marvel, Star Wars content, Iger says
Disney CEO Bob Iger said Thursday on CNBC that the company will cut back on its content creation for major franchises Marvel and Star Wars.
Strategist David Roche says we’ll avoid a global recession, central banks will ‘change the goalposts’
Central banks will “change the goalposts without really saying so,” on monetary policy, according to veteran strategist David Roche.
IEA trims oil demand forecast for the first time this year on ‘persistent’ economic headwinds
The IEA on Thursday cut its global oil demand growth forecast for the first time this year, primarily citing a worsening economic outlook.
Will Smith-backed U.S. broker Public launches in the UK in first foray overseas
The move will see Public compete with a flurry of well-established digital brokerage platforms, as well as upstarts like Revolut and Freetrade.
