News

Dow ends lower, S&P 500 stalls on road back to record highs
U.S. stocks finished mixed on Wednesday, with the S&P 500 stumbling on its path back to record territory. Big gains for tech stocks — including a new record closing high for Nvidia Corp. — weren't ...
Home-builder ETFs down sharply after data show drop in new-home sales in U.S.
Shares of exchange-traded funds that invest in stocks in the home-building industry were falling sharply Wednesday, after data showed new-home sales dropped in May by more than expected. The iShares U ...
NYC’s sky-high rent, cost of living fueled Zohran Mamdani’s win. Here’s exactly how expensive it is.
Zohran Mamdani’s victory in New York City’s Democratic mayoral primary was viewed as a surprise by some — but his campaign’s ...
Circle’s stock plummets 23% over two days as investors flock to this other stablecoin play
Circle Internet Group shares were losing more steam on Wednesday, three weeks after the company’s splashy initial public ...
Should all eyes be on the euro?
The euro broke above $1.16 versus the U.S. dollar on Wednesday — trading at its highest versus the greenback since October 2021. Economist Jens Nordvig, founder of Exante Data, argues that investors ...
Chip stocks are beating software stocks this year, but here’s why both stand to win as AI demand grows
While shares of chip makers and cloud providers have been the winners so far this year, there are still opportunities for ...
Stock market is hitting a 'natural resistance' near record high
The S&P 500 was struggling for direction on Wednesday — right at the doorstep of record territory. "It's a natural resistance point to hit former highs," said Keith Lerner, co-chief investment officer ...
Surf Air Mobility Shares Down 33% After Tuesday's 88% Surge
Surf Air Mobility shares posted another day of heavy volume and were recently down 33% to $2.40 as the company reported a $27 million registered direct offering. Shares rose 88% to $3.60 on Tuesday ...
Pershing Square Commences $200M Share Buyback
Pershing Square initiated a share buyback of up to $200 million of the company's outstanding shares on the London Stock Exchange. The program is expected to be accretive to net asset value per share ...
Big Tech ETF wobbles as Tesla shares slide
An exchange-traded-fund that focuses on Big Tech stocks was wobbling Wednesday afternoon, as shares of Tesla Inc. posted a large drop. The Roundhill Magnificent Seven ETF — which holds Apple Inc., ...
We asked 10 financial advisers: What’s the secret to investing in CDs now, with a handful still paying 5% APY and up?
Certified financial planners and other wealth managers discuss the pros and cons of certificates of deposit and whether or ...
Nvidia's stock sets fresh all-time intraday high
Nvidia's stock has been up for three consecutive days and was hovering close to $154 on Wednesday, above the current record intraday high of $153.13 it reached on Jan. 7. The company is also set to ...