ZeroToHerosummary While by no means a certainty, the possibility of the Fed engineering a so-called soft landing is at play. …
August 2023
Home Depot, DR Horton, Nvidia, US Steel, Discover, and more are on the market
font size Home Depot reported second-quarter earnings that beat analyst estimates. Justin Sullivan/Getty Images Stock futures pointed lower on Tuesday …
Home Depot’s earnings beat estimates, but the CEO notes “continued pressure” on consumers
Home Depot stock fell in pre-market trading after its second-quarter earnings as investors looked forward to a more optimistic note …
Solar giant Jinko falls as plant spending outpace profits
(Bloomberg) — Jinko Solar, one of the world’s largest panel producers, fell as much as 12% after outlining plans to …
AMC CEO explains stock split following court ruling
AMC Entertainment CEO Adam Aron said the Delaware Chancery Court’s decision late Friday to allow a reverse 1-for-10 stock split …
European Stocks Fall As China Fears Grow; UK stocks lagged
(Bloomberg) — European stocks fell in light trade, as China’s central bank’s decision to cut its key interest rate unexpectedly …
‘Bond King’ Bill Gross warns of dangerously overvalued stocks – and predicts a recession
Bill Gross.Photograph: Jason Reed/Reuters Bill Gross says stocks and long-term bonds are overvalued and the US economy will decline. Bond …
Schwab says the TD Ameritrade deal is spurring retail and advisory attrition
(Bloomberg) — Charles Schwab Corp. said it is seeing temporary lower net inflows of client funds as the brokerage sees …
Berkshire Hathaway bet Warren Buffett on 3 homebuilders
Warren Buffett.Photograph: Rick Wilking/Reuters Warren Buffett’s Berkshire Hathaway added three homebuilders to its portfolio last quarter. The investor’s company exited …
The national interest rate rose to 5.90%.
After holding it for three weeks or more at 5.75%, today’s top CD price nationwide rose to a new record …