Economy

Prologis CEO says data centers are 'one of the largest value creation opportunities'

liberal

Prologis CEO says data centers are 'one of the largest value creation opportunities'

Prologis CEO Dan Letter said data centers represent "one of the largest value creation opportunities in the company's history."

5 months ago

S&P 500 futures fall after index snaps 9-day win streak amid rising Middle East tensions: Live updates

liberal

S&P 500 futures fall after index snaps 9-day win streak amid rising Middle East tensions: Live updates

Rising oil prices and Treasury yields weighed all three major indexes lower on Wednesday.

5 months ago

Thursday's Big Stock Stories: What's Likely to Move the Market in the Next Trading Session

liberal

Thursday's Big Stock Stories: What's Likely to Move the Market in the Next Trading Session

The S&P 500 snapped a nine-day winning streak on Wednesday as rising Treasury yields and oil prices kept stocks under pressure.

5 months ago

Stocks making the biggest moves after hours: Broadcom, CrowdStrike, PVH & more

liberal

Stocks making the biggest moves after hours: Broadcom, CrowdStrike, PVH & more

See which stocks are posting big moves after the bell.

5 months ago

Most recipients of new Trump tax breaks earn less than $100,000: Treasury

conservative

Most recipients of new Trump tax breaks earn less than $100,000: Treasury

The Treasury Department released a new analysis that found the majority of filers who claimed the new tax breaks enacted by Republicans last year earn less than $100,000.

5 months ago

American Airlines suspends 6 routes because of high jet fuel costs

liberal

American Airlines suspends 6 routes because of high jet fuel costs

American Airlines has joined the list of carriers temporarily cutting routes as the ongoing war in Iran drives up jet fuel costs.

5 months ago

Broadcom stock plunges on weak software sales, unchanged AI chip forecast for the year

liberal

Broadcom stock plunges on weak software sales, unchanged AI chip forecast for the year

Broadcom reported fiscal second-quarter results on Wednesday and missed estimates for revenue.

5 months ago

MSGS stock to get boost if Knicks can stretch Spurs series to game 6, Guggenheim says

liberal

MSGS stock to get boost if Knicks can stretch Spurs series to game 6, Guggenheim says

Guggenheim raised its price target on MSG Sports, saying a Knicks-Spurs NBA Finals Game 6 could add over $15 million in revenue.

5 months ago

As Honeywell Aerospace readies for its standalone debut, its CEO is forecasting big growth

liberal

As Honeywell Aerospace readies for its standalone debut, its CEO is forecasting big growth

By 2030 Honeywell is targeting annual earnings of at least $6.5 billion and full-year free cash flow of at least $4 billion.

5 months ago

Kalshi wants small businesses to hedge like Wall Street. A NYC bar is trying it with Knicks promotion

liberal

Kalshi wants small businesses to hedge like Wall Street. A NYC bar is trying it with Knicks promotion

A local bar on the Upper East Side is the first small business to hedge with Kalshi over a Knicks game on Wednesday.

5 months ago

Nvidia's big dividend hike could pave the way for higher payouts

liberal

Nvidia's big dividend hike could pave the way for higher payouts

Some on Wall Street believe there will be more dividend increases from tech companies following Nvidia's recent move.

5 months ago

Meta Shares Defy Tech Weakness Thanks to an Update That Fights the Bear Case

liberal

Meta Shares Defy Tech Weakness Thanks to an Update That Fights the Bear Case

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

5 months ago