Wall Street

‘Make or break week:’ Stifel sees 40% chance of President Biden dropping out of the race

There’s a 40% chance President Joe Biden will not seek reelection, according to Stifel. Brian Gardner, the firm’s chief Washington…

This ETF is trying to satisfy appetites for weight loss stocks

Tema ETFs has been capitalizing on the risk appetite for weight loss stocks. It is behind the GLP-1, Obesity &…

‘Early innings’ of a U.S. manufacturing boom: Tema ETFs CEO delivers bull case for industrials

One exchange-traded fund is betting on a U.S. manufacturing job resurgence. Tema ETFs CEO and founder Maurits Pot is behind…

One of the biggest bears in this bull market is leaving JPMorgan

A top strategist at JPMorgan who was caught offside by the stock market rally is quitting the investment firm. Marko…

Citadel’s Ken Griffin says he’s not convinced that AI will replace human jobs in the near future

Ken Griffin, founder and CEO of Citadel, said he remains skeptical that artificial intelligence could soon make human jobs obsolete…

Chewy shares fall nearly 7% as the boost from Roaring Kitty’s new stake diminishes

The rally in Chewy shares lost steam Monday as traders reacted to a Securities and Exchange Commission filing that showed…

Growth, value stocks could see boost from Russell rebalancing

A bullish move may be ahead for both value and growth in the year’s second half. VettaFi’s Todd Rosenbluth thinks…

Warren Buffett gives away another $5.3 billion, says his children will manage his estate

Warren Buffett on Friday made his biggest annual donation to date, giving $5.3 billion worth of Berkshire Hathaway shares to…