AI, Big Tech bull case despite Nasdaq’s worst week since April
State Street is reiterating its bullish stance on the artificial intelligence trade despite the Nasdaq’s worst week since April. According…
Stocks making the biggest moves midday: XYZ, ACHR, AKAM, GMED
Check out the companies making the biggest moves midday: XYZ —The financial services provider plunged 10% after reporting third-quarter earnings…
Fed’s Miran says stablecoin surge could help push interest rates lower
Fed Governor Stephen Miran on Friday suggested that surging demand for dollar-denominated stablecoins could help push U.S. interest rates lower.…
Mortgage Rates Rise Gently, But Still Well Below This Week’s Highs
Wednesday’s mortgage rates were the highest in roughly a month and very close to the highest levels in 2 months. …
Altimeter’s Brad Gerstner says market pullback is healthy, sees no bubble in tech
Altimeter Capital founder and CEO Brad Gerstner said Friday the recent pullback in technology shares is a healthy correction after…
ETF giant State Street says 401(k) plan to face new low-cost challenge
A recent decision by the Securities and Exchange Commission to begin allowing fund companies to create ETF shares classes of…
Stocks making the biggest moves after hours: ABNB, TTWO, PTON, AFRM
Check out the companies making headlines in after-hours trading. Take-Two Interactive Software — Shares of the video game developer tanked…
Nice Little Recovery For Mortgage Rates
As of yesterday afternoon, mortgage rates were right in line with the highest levels in more than a month. The…
Stocks making the biggest moves midday: BHF, DUOL, DDOG, SNAP
Check out the companies making the biggest moves midday: Brighthouse Financial — The insurance company soared 26% after it announced…
Cathie Wood trims her bitcoin bull case on threat of stablecoins taking some market share
Ark Invest’s Cathie Wood has trimmed her most bullish forecast for bitcoin, acknowledging that the rapid rise of stablecoins is…