These high-yielding assets tend to do well in rate cutting cycles. What to know
Preferred securities have historically done well in the months and weeks heading into the last four Fed rate-cutting cycles, says Bank of America.
Trump Media shares sink to post-merger low as DJT slump continues
The share price of Trump Media, which trades under the ticker DJT, had surged after Donald Trump was nearly assassinated at a campaign rally.
Bounce in small caps has further to run, according to the charts
Katie Stockton breaks down how to use the stochastic oscillator to identify counter-trend moves.
Powerful stock market rally still underpinned by huge number of advancing stocks
There is still a potent bull market occurring. Both the S&P 500 and Nasdaq Composite are up eight straight sessions.
British tech entrepreneur Mike Lynch reported missing after superyacht sinks off Sicily
British tech entrepreneur Mike Lynch is missing after the sinking of a superyacht off the coast of Sicily, sources familiar with the matter told CNBC.
What TikTok ‘underconsumption core’ trend means for your money: It’s ‘romanticizing being middle class,’ content creator says
The “underconsumption core” TikTok trend showcases the old items that people are still using. It’s the latest social media push to normalize not spending.
Estee Lauder forecasts bleak annual results; CEO Freda to depart
Estee Lauder forecast annual profit and sales below estimates as the global beauty market struggles with slowing demand mainly in the China market.
AMD to acquire server builder ZT Systems for $4.9 billion in cash and stock
Advanced Micro Devices on Monday said it plans to acquire server maker ZT Systems for $4.9 billion as the company seeks to expand its portfolio of artificial intelligence chips and hardware and battle Nvidia.
Mpox outbreak: Here’s how Asian nations have reacted to WHO emergency declaration
China’s customs authorities announced they will strengthen surveillance at ports of entry.
Canada’s Couche-Tard makes preliminary bid for Japan’s Seven & i
Japan’s Seven & i, owner of the 7-Eleven convenience stores, said it has received a preliminary takeover offer from Canada’s Alimentation Couche-Tard.
