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In recent trading news, Congressman Dean Phillips, representing Minnesota's 3rd congressional district, has made a significant investment in Arcadia Medal Investors, LP. The transaction, which took...
Wells Fargo believes investors should reduce their exposure to “overvalued” technology stocks. The investment bank points to the narrow breadth of the current market rally, driven largely by a small...
Thomas Barkin, President of the Federal Reserve Bank of Richmond stressed the need for further clarity on the inflation path before considering lowering interest rates. "My personal view is let’s get...
Ault Disruptive Technologies Corporation (NYSE American:ADRT), a company specializing in blank check investments, announced today the appointment of Steve J. Smith to its board of directors. Smith, a...
Investing.com -- The S&P 500 closed lower Thursday after briefing topping the 5,500 milestone for the first time ever as Nvidia cooled its recent rally, dragging the broader tech sector lower and...
Investing.com -- The S&P 500 closed at another record high on Tuesday as Nvidia rallied to usurp Microsoft (NASDAQ:MSFT) as the most valuable company, pushing the broader tech sector higher and...
Citi analysts have raised their S&P 500 year-end 2024 target to 5600 while also initiating mid- and full-year 2025 projections of 5700 and 5800, respectively, in a note Tuesday. According to Citi,...
Global fund manager survey (FMS) sentiment is the most bullish since November 2021, driving cash levels to a three-year low, while equity allocation runs at a high level, Bank of America survey...
Risks for a correction in technology equities are increasing despite the sector’s robust fundamentals, Barclays strategists warned on Tuesday. "Fundamentally, Tech and Big Tech remain the bright spot...
Although data and comments from Federal Reserve officials may suggest otherwise, the big picture still shows that global fundamentals are trending positively, with the global cycle and earnings...
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