Investors still bearish on US economy amid slowdown fears
A Bank of America survey indicated fund managers remain bearish about the state of the U.S. economy, even as stock markets continue to march higher.
Carvana shares surge on deal to cut debt by $1.2B
Shares of Carvana are up big on Wall Street midweek after a deal the used-car retailer landed with some of its bondholders to cut over $1 billion in outstanding debt.
Cathie Wood's ARK drops more Tesla, Coinbase shares
Funds related to Cathie Wood’s ARK Invest dumped $14 million in Tesla stock and another $26 million in Coinbase shares, according to trade disclosures on Monday.
AT&T shares sink to 30-year low, subscribers cutting cord
Shares of AT&T have fallen to a three decade low and are now down over 26% in 2023 and 34% the last year amid a sharp decline in subscribers and use of landlines.
Tesla, Netflix and housing data dominate week ahead
The major banks will wrap up earnings next week as investors keep an eye on quarterly reports from Tesla and Netflix as well as economic data housing, including mortgage rates.
JPMorgan Chase profit jumps, helped by First Republic purchase
JPMorgan Chase said on Friday that the bank’s profits moved 67% higher over the second quarter, as borrowers' interest payments increased from the purchase of First Republic Bank.
Which generative AI companies could be on the fast-track to IPO?
Generative AI solutions are flooding the market because of Microsoft, Google and OpenAI building up an emerging supply line of artificial intelligence companies on the way to IPO.
Domino's, Uber partner on pizza ordering, deliveries
Domino's Pizza customers can now order food through Uber Eats and Postmates apps beginning in four pilot cities, the pizza chain announced on Wednesday.
Safety administration wants answers from Tesla on autopilot probe
U.S. regulators from the National Highway Traffic Safety Administration have asked Tesla for updated responses in their investigation into the EV maker’s Autopilot.
Carl Icahn gets breathing room from lenders following short-seller attack
Carl Icahn's has detached his personal loans from Icahn Enterprises reducing risk for investors and addressing short-seller Hindenburg's concerns.
Rivian shares drive toward 9th straight win
The winning streak continues for Rivian shares, adding to the 80+% gains over the last eight trading days as investors pile into the electric vehicle maker after a string of announcements.
ETFs revived with $69B boost in June, best since October
There may be green shoots for stock and bond investors as more money is coming off the sidelines with the second half of the year underway despite the overhang of potentially two more rate hikes.
Rivian shares ride eighth straight day of gains
Rivian may have finally arrived. Shares of the electric vehicle maker are on pace to post the best eight-day stretch on record after a week of positive Wall Street calls.
Will Meta's Threads become a game changer for investors?
Mark Zuckerberg-led Meta launched Threads, a new "conversation" app and direct challenger to Elon Musk’s Twitter, dialing up the tit-for-tat between the billionaires.
Yahoo CEO says company is going public again: report
Yahoo is planning a second initial public offering on Wall Street after delisting from public markets and Nasdaq more than five years ago, according to CEO Jim Lanzone.
Amazon-Rivian deal sends shares to new high
Rivian shares hit a new high after Amazon announced it was taking the auto company’s technology to Europe with first rollouts in Munich, Berlin and Düsseldorf, Germany.
US stock market faces more challenges in second half of 2023, UBS warns
UBS analysts warned the U.S. stock market faces a "lackluster" second half of 2023 amid ongoing risks from chronic inflation and higher interest rates.
Disney stock downgraded over streaming, theme park growth fears
Concerns over "meaningful uncertainty" with Disney's streaming services and theme parks caused investment advisers at KeyBanc to downgrade the entertainment company's stock this week.
Apple market cap hits $3T
Apple shares are hovering above the $192 mark on Friday, propelling the tech giant’s valuation to more than $3 trillion. The tech giant briefly traded above this level in 2022.
Virgin Galactic stock sinks after successful spaceflight
Shares of Richard Branson's Virgin Galactic fell more than 10% on Thursday after the company successfully completed its first commercial spaceflight dubbed Galactic 01.


















