Breaking News: Markets

Fahmi Quadir, short seller nicknamed ‘The Assassin,’ takes aim at for-profit college giant Adtalem

WASHINGTON — Short seller Fahmi Quadir has found her new target: The $2 billion market cap Adtalem Global Education, a…

Stocks are the ‘asset class of choice’ as markets are now used to bad news, strategist says

Geopolitical risks may be mounting, but stocks are still the “asset class of choice,” according to Beat Wittmann, partner at…

Why weakness in small caps may be a short-term setback

Small cap stocks may be on the cusp of a turnaround. According to Fairlead Strategies market technician Katie Stockton, the…

Fed’s favorite inflation gauge rose 0.2% in December and was up 2.9% from a year ago

An important inflation gauge released Friday showed that the rate of price increases cooled as 2023 came to a close.…

LVMH shares jump over 12% as earnings point to luxury sector resilience

LVMH shares jumped more than 12% on Friday morning, after the world’s largest luxury group posted higher-than-expected sales for 2023…