S&P 500 may be going through a ‘false breakout,’ so get defensive into June, BTIG says
The firm listed 5,260 as a level to watch for the benchmark index.
These are JPMorgan’s top stock picks for clients heading into June
JPMorgan spotlighted a fresh set of stocks, reflecting its analysts’ top picks as May begins, including Carvana and L3Harris Technologies.
NYSE says technical issue that caused Berkshire Hathaway to be displayed down 99% is fixed
Trading was halted in several stocks as the New York Stock Exchange investigated a technical issue around its volatility controls.
Analysts get more bullish on Costco as it helps consumers fight inflation, shows e-commerce improvement
Wall Street saw much to like in Costco’s recent earnings report.
The fundamentals and technicals are aligning for these stocks, according to Piper Sandler
Here is the latest iteration of Piper Sandler’s “triple select” stock list.
Paramount and Skydance agree to terms of a merger deal
The agreement terms come after weeks of discussion and a recent competing offer from Apollo Global Management and Sony Pictures.
Spotify raises prices of premium subscription plans
Spotify is raising the prices of its premium subscription plans for the second time in a year.
Kremlin warns Washington of ‘fatal’ miscalculation to let Kyiv use U.S.-supplied weapons inside Russia
Russia warned the U.S. against the potential “fatal consequences” of letting Kyiv deploy U.S.-supplied weapons against targets in Russia.
Pharma giant GSK plunges 9% after U.S. court allows scientific testimony in Zantac lawsuits
The Delaware State Court ruled that expert witnesses can present scientific evidence in the roughly 75,000 cases relating to the discontinued heartburn drug.
Australia orders Chinese investors to sell down stake in rare earths miner
Australia ordered several China-linked investors to dispose of shares in rare earths miner Northern Minerals on national interest grounds, a spokesperson said.