Aluminum Jumps To 23-Month High Amid Ongoing Aussie Production Issues

zerohedge.com Aluminum Jumps To 23-Month High Amid Ongoing Aussie Production Issues From coffee to cocoa, orange juice to gold, and silver to copper, commodity prices are spiking across…

Analysts see more S&P 500 gains following record rally

thestreet.com With two dozen record highs under its belt this year and corporate profits forecast to continue rising, the S&P 500 looks set to pace a global market rally that could last…

Why Kim Kardashian's Skims is making a splash with investors and the shapewear market

latimes.com Kim Kardashian was already a successful celebrity businesswoman when she launched Skims five years ago. But more often than not, she simply had her name to a string of…

3 Vital Copper Stocks Helping EVs and AI Data Centers Take Off

marketbeat.com Investors need to consider some of the world's most critical trends if they want to expose their portfolios to global growth. Some of these current trends are electric…

Dow at 40,000: Why stocks still have 'plenty of room to run'

finance.yahoo.com Investors are catching the bull by the horns. That’s the sentiment gripping Wall Street, as stocks notch record highs and the market is on track for its best month of the…

Markets brace for Nvidia earnings: What to know this week

finance.yahoo.com Stocks are once again ending a trading week having hit new records. Signs of an inflation cooldown prompted markets to grow more optimistic about the prospect of Federal…

Under Armour Is Lagging Behind Peers Like Nike & Lululemon! Analyst Explains Why

benzinga.com Under Armour, Inc. UAA shares are trading mildly higher on Friday. Yesterday, the company reported a fourth-quarter revenue decline of 4.9% year-on-year to $1.33 billion.…

Under Armour to cut jobs, warns of surprise drop in sales this year as company looks to ‘meaningfully reset’

nypost.com Under Armour on Thursday forecast a surprise fall in sales for the year and laid out plans to overhaul its business, as the sportswear maker looks to revive demand for its…

Goldbugs Waited Years For A Massive Comex Short Squeeze, And Finally Got It... Just In The Wrong Metal

zerohedge.com Goldbugs Waited Years For A Massive Comex Short Squeeze, And Finally Got It... Just In The Wrong Metal For much of the past decade, gold bugs religiously tracked the…

Lightspeed Commerce stock soars on better-than-expected profit forecast

theglobeandmail.com Lightspeed Commerce Inc. stock soared Thursday after the Montreal point-of-sale software company beat quarterly financial targets and issued a sharply higher operating…

Wall Street’s biggest bull wishes he'd been a bigger bull

finance.yahoo.com This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with: • None The chart of the day Wall Street’s biggest…

Under Armour forecasts downbeat fiscal 2025, outlines restructuring plan

finance.yahoo.com Under Armour forecast a surprise drop in annual sales and projected profit below analysts' estimates on Thursday, as the sportswear maker laid out a plan to simplify its…

Top analyst updates S&P 500 price target after April inflation surprise

thestreet.com U.S. stocks hit a fresh all-time high on May 15, powered in part by a softer-than-expected April inflation report that has reignited bets on a fall Federal Reserve rate cut…

Peloton's demise is another in a long line of failed fitness fads

businessinsider.com I think about the Peloton instructors an unusual amount. I not only see them during my workouts but also follow a bunch of them on Instagram, where I try to suss out which…

Posthaste: Canadians put off plans to buy a home until the Bank of Canada cuts rates

financialpost.com A survey by the Bank of Montreal revealed this week that 72 per cent of aspiring homeowners are waiting for the Bank of Canada to cut interest rates before buying. Canadians…

Wall Street just gave its highest forecast yet for the S&P

finance.yahoo.com Wall Street's high mark for stock market returns in 2024 keeps moving up. BMO Capital Markets chief investment strategist Brian Belski boosted his year-end price target for…

BMO raises S&P 500 price target to 5600

investing.com BMO Capital Markets is raising its 2024 price target for the , as they believe the robust stock market momentum is likely to persist. In February, the investment bank’s…

Google, OpenAI Clash Over Internet Search, Artificial Intelligence Bragging Rights

investors.com Alphabet's (GOOGL) Google will roll out "AI Overview" as part of internet search results across the U.S. starting this week as it battles startup OpenAI in artificial…

S&P 500 Opens at a Record Intraday High. Investors Encouraged By Positive Inflation News

barrons.com Traders are cheering the latest news on the economy. The buying has led to the S&P 500 opening at an intraday record. The Dow Jones Industrial Average was up 0.4% at the…

Tech job cuts ease a bit in Bay Area as industry layoffs haunt region

siliconvalley.com The Bay Area’s wobbly tech industry is showing signs of stabilizing after suffering years-long waves of wrenching layoffs unleashed by the sector’s quest for improved…

Canada's capital gains tax hike another blow to productivity, say economists

financialpost.com Finance Minister Chrystia Freeland delivered a federal budget Tuesday that keeps the deficit capped at $40 billion, but introduces new taxes that largely offset billions in…

Pressure building on Bank of Canada: What economists say about slowing GDP

financialpost.com Statistics Canada is predicting gross domestic product growth will be flat in March after data released Tuesday showed the Canadian economy slowed more than expected in…

Canada's economy is losing momentum

financialpost.com The growth was lower than the government agency’s previous estimate — made in March — of 0.4 per cent, and analyst expectations of 0.3 per cent. Statistics Canada predicted…

Canadian dollar could 'crater' if Bank of Canada cuts faster and deeper than the Fed, say economists

financialpost.com The Canadian dollar could be in for a rough ride if the Bank of Canada cuts interest rates sooner and deeper than the Federal Reserve, a scenario that economists suggest is…

Amazon Stocks: Here's a Compelling Case for 30% Upside

investing.com Few would have expected Amazon's (NASDAQ: ) rally to continue strong when it kicked off at the start of last year. The tech titan’s shares had just taken a 50% haircut in…

'Worst of both worlds': Markets shudder as U.S. GDP slows, inflation reading spikes

financialpost.com Wall Street was rattled by economic figures that showed exactly what stock traders did not want to hear: a significant slowdown in the world’s largest economy and persistent…

Amazon and the Compelling Case for 30% Upside

marketbeat.com Few would have expected Amazon.com Inc.'s NASDAQ: AMZN rally to continue strong when it kicked off at the start of last year. The tech titan’s shares had just taken a 50%…

FP Dealmakers: Interest rate peak fuels optimism on Bay Street

financialpost.com Peter Miller doesn’t mince words when describing the dealmaking doldrums that Bay Street has slipped into over the past couple of years. But the head of global equity…

FP Dealmakers: More people 'just walking away' from transactions as M&A flow slows in first half

financialpost.com Tom Redekopp, managing director of the business law group at Dentons in Toronto, knew there was a seismic shift underway in mergers and acquisitions traffic when deals…

What You Need to Know Ahead of Wednesday's Much Anticipated CPI Inflation Report

investopedia.com Inflation likely stayed higher than Fed officials would like in April, if early forecasts are correct. The cost of living as measured by the Consumer Price Index likely rose…

MacroGenics Gets Downgraded Following Disappointing Prostate Cancer Trial Results: 'We Were Surprised By Reported Deaths'

benzinga.com MacroGenics Inc MGNX released interim data from the TAMARACK Phase 2 study of vobramitamab duocarmazine (vobra duo). TAMARACK is being conducted in previously treated…

"Worst Case Scenario": MacroGenics Crashes After Five Patient Deaths In Experimental Drug Trial

zerohedge.com "Worst Case Scenario": MacroGenics Crashes After Five Patient Deaths In Experimental Drug Trial A Rockville, Maryland-based biotech company called MacroGenics crashed in…

Time to Sell? 3 Recent Analyst Downgrades Worth Analyzing

investorplace.com Examining the impact of analyst downgrades in today's uncertain markets S&P 500 companies have reported strong earnings this season, with 79% surpassing profit expectations,…