‘Price bubble’ in A.I. stocks will wreck rally, economist David Rosenberg predicts
Investors piling into stocks with artificial intelligence exposure may pay a hefty price. Economist David Rosenberg, a bear known for…
Treasury now says it could run out of money June 5, buying time for debt ceiling talks
WASHINGTON — Treasury Secretary Janet Yellen said Friday that the United States will likely have enough reserves to push off…
Stocks making the biggest moves premarket: Marvell Technology, Gap, RH and more
Check out the companies making headlines before the bell. Marvell Technology — Marvell Technology surged 17% in premarket trading after…
Stocks making the biggest moves midday: Ford, Marvell Technology, Paramount, Gap and more
Check out the companies making the biggest moves midday Friday. Ford — Shares popped 6.24% after Ford and Tesla announced…
Paramount pops after Buffett’s favorite banker makes ‘interesting’ bet in media giant’s key shareholder
Paramount Global shares jumped nearly 6% on Friday after an investor known as Warren Buffett’s favorite banker piled into the…
Consumers are starting to fire up China’s pandemic-battered economy, two ETF experts find
China’s pandemic-battered economy is starting to see consumers open their wallets wider, according to KraneShares’ Brendan Ahern. “We’re seeing the…
Major central banks were expected to pause rate hikes soon. Now it’s not so clear cut
The market has long been pricing in interest rate cuts from major central banks toward the end of 2023, but…
Chinese consumers won’t return to pre-Covid spending soon — a problem for Starbucks, Morgan Stanley says
BEIJING — Chinese consumer spending won’t return to pre-Covid levels anytime soon, a problem for international brands such as Starbucks,…
