FedEx, seen as a global trade barometer, lost over $11 billion in market value. Its earnings report dragged down shares in rivals United Parcel Service and DHL, which are also grappling with sluggish ...
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 2.41% of ...
Vital Energy Inc (VTLE) stock saw a modest uptick, ending the day at $30.38 which represents a slight increase of $0.77 or 2.60% from the prior close of $29.61. The stock opened at $30.65 and touched ...
The Federal Reserve’s interest rate cut of 50 basis points may prime a bubble in risk assets, Bank of America says. Read more ...
One Bank of America strategist thinks the Federal Reserve’s decision to cut interest-rates by 50 basis points this week will ...
Warren Buffett's Berkshire Hathaway (BRK.B) has shed more Bank of America (BAC) stock, selling shares worth about $900M. Read ...
Homebuilder stocks are having a banner year, outpacing the broader market on a wave of optimism that mortgage rates will fall ...
The S&P 500 jumped 1.7% topped its last all-time high set in July. The Dow Jones Industrial Average leaped 522 points for an all-time high.
NEW YORK — Wall Street romped to records Sept. 19 as a delayed jubilation swept markets worldwide following the Federal ...
Yet that also has fluctuated from 2% to 4.5%, a "pretty wide range of outcomes," since the Fed started raising rates in 2022, according to Apollo Global Management's chief economist Torsten Slok. The ...