Stock market typically cools off in October following a really strong third quarter
A weak month could be the set-up for a year-end buying opportunity, according to Piper Sandler.
Chip company insiders sold a record $1.3 billion in stock during the third quarter
Chip insiders have stepped up their sales of company stock this year as AI-driven demand for processing power has propelled the sector’s outperformance.
How to keep betting on a Meta breakout with protection in case of a pullback
Tony Zhang breaks down how to do a put vertical spread using options.
China stock ETFs rip higher even as mainland markets close for holiday
Exchange-traded funds overseas that track Chinese stocks continued their rally Wednesday even as mainland markets were shut for a week-long holiday.
Here are JPMorgan’s top stock picks heading into October
With the new trading month underway, the Wall Street bank released its updated focus list targeting growth, income, value and short selling strategies.
As Netanyahu vows Iran payback, markets watch for dangers of further escalation
Markets are braced for a potential Israeli response after Tehran’s missile attack, with up to 4% of global oil supply at risk if Iran’s infrastructure is hit.
Mining giant Fortescue says it’s time to walk away from the ‘proven fantasy’ of net zero
Fortescue, the world’s fourth-largest iron ore miner, has outlined plans to stop burning fossil fuels across its Australian iron ore operations by 2030.
Goldman-backed Starling Bank fined $38.5 million for ‘shockingly lax’ financial crime controls
London’s Financial Conduct Authority said it has fined Starling “for financial crime failings related to its financial sanctions screening.”
UK’s JD Sports shrugs off Nike woes with multi-brand approach
JD Sports Fashion is confident it will meet annual profit forecasts after its multi-brand strategy boosted half-year results even as Nike, which accounts for 45% of its sales, struggles.
Facebook owner Meta forms data-sharing pact with UK banks to counter scams
Meta is working with U.K. banks NatWest and Metro Bank on an information-sharing agreement to help them prevent customers from falling victim to fraud.
