‘Stay On The Sidelines With Small Caps For Now,’ Says RBC — But UBS Sees Brighter Days Ahead
RBC Capital analysts are urging caution with U.S. small-cap stocks, saying it's best to "stay on the sidelines for now." UBS says otherwise.
Economist React To May Retail Sales Data: ‘Consumer Spending Is Cooling In A Fairly Orderly Fashion’
US retail sales for May missed expectations, raising concerns about economic growth. Resilient consumer spending has been a key factor in the bull market.
Fed Will Cut Interest Rates — But When? Most Investors Agree It Won’t Be July, Bank Of America Says
Bank of America's monthly global fund manager survey shows investors are confident that the Fed will lower interest rates twice in 12 months.
Boeing’s Search For New CEO Persists As Calhoun Faces Congressional Hearing
Boeing faces escalating turbulence amid CEO search challenges and Calhoun's Capitol Hill testimony, raising uncertainty about the company's leadership direction.
The ‘AI Big 10’: 10 AI Stocks Now Comprise 28% Of The S&P, Up From 14% In 2023
SPDR S&P 500 ETF has risen 30% in 8 months, thanks to AI stocks taking up large part of index. NVIDIA's success accounts for half of S&P 500's growth.
Top Trader Went All-In On Altcoins Only To See Them Crash: ‘This Is The Time That You’d Want To Risk More’
Crypto analyst Michaёl van de Poppe shared his experience of going all-in on altcoins a month ago, only to see them crash shortly after.
What’s Going On With Boeing’s Shares On Tuesday
Allegations of mishandled faulty parts in Boeing's 737 Max jets have surfaced, leading to a Senate subcommittee investigation and possible new charges by the Justice Department, highlighting ongoing safety and manufacturing challenges at Boeing.
Inside Elon Musk’s Plan To Add Payments To X
Elon Musk‘s strategy to transform X into an “everything app” includes integrating a payments network into its core social networking service, according to a new report.
Medicare Agency To End Advance Payments Following UnitedHealth Cyberattack
The CMS will end the advance payments program for Medicare providers and suppliers affected by the UnitedHealth Change Healthcare hack. This program, initiated in March, has disbursed over $3.27 billion. Applications close July 12.
Bitcoin ETF Buyers Are ‘Paper Hands’ And ‘Will Sell When They Start Losing Money,’ Analyst Claims
Spot Bitcoin (CRYPTO: BTC) ETF buyers may be mostly self-directed retail investors and not institutional traditional finance investors, according to Jim Bia