Nvidia’s stock dubbed a top pick for next year after monster 2023: ‘No need to overthink this’
By Press Room
1 Mins read
Yes, TD Cowen analyst Matthew Ramsay’s top chip stock pick for 2024 has seen a 220% gain so far this year, but…
Shake Shack launches search for new chief executive, keeps guidance for Q4
By Press Room
2 Mins read
Shake Shake Inc.’s stock was rallying by 8.7% after it said the upcoming retirement of its chief executive has had no impact…
Missed Snap’s 40% stock rally over the past month? Another could be in store.
By Press Room
1 Mins read
Snap Inc. shares have surged 39% over the past month, but a Wells Fargo analyst sees plenty more upside ahead. Ken Gawrelski…
Nvidia is now using its AI windfall to invest in startups, with hopes for more big bucks
By Press Room
1 Mins read
Nvidia Corp. will make more profit this year than the chip maker reaped collectively in its first 25 years as a public…
Occidental to pay $12 billion to buy private Permian Basin company CrownRock
By Press Room
2 Mins read
Occidental Petroleum Corp. said Monday it would pay $12 billion for privately held CrownRock LP as oil companies take aim at the…
Hedge funds rebound from a terrible year thanks to market volatility in 2023
By Press Room
2 Mins read
Hedge funds have successfully turned around the underwhelming performance they posted last year by capitalizing on widespread market volatility seen during 2023,…
Bitcoin Price Retreats to Start the Week. This Could Restart the Crypto Rally.
By Press Room
2 Mins read
Bitcoin and other cryptocurrencies fell on Monday, retreating from 20-month highs but with prices still near the peak of a recent rally….
Lowe’s Cos. shares fell about 3% Tuesday, after the home-improvement retailer missed revenue forecasts for the third quarter and lowered its guidance,…
Business development companies should withstand 2024 economic slowdown, but credit conditions will weaken, Fitch says
By Press Room
2 Mins read
Ares Capital Corp. and Sixth Street Specialty Lending Inc. held onto the highest debt ratings among the 21 business development companies covered…
‘Magnificent Seven’s’ bonds may have been sending a signal to stockholders
By Press Room
2 Mins read
Has the corporate bond market been flashing a signal to the stock market about the so-called Magnificent Seven grouping of technology stocks?…