Finance

Text size Madison Square Garden Entertainment is one of the stock picks favored by insiders in recent months. Jamie Squire/Getty Images Company insiders over the past few weeks have turned more bearish than they have in years. Consider the companies where insiders bought more shares than they sold this month as of July 21. As … Read more

Text size Watch for comments on lead-jacketed cables and Verizon’s subscriber numbers when it releases earnings. David Paul Morris/Bloomberg Concerns over lead-sheathed cables have been front and center for Verizon Communications and its investors, but they won’t be the only notable update when the telecommunications company reports earnings on Tuesday. Subscriber numbers will also be … Read more

(Bloomberg) – Last year’s tumble in the S&P 500 made bear Mike Wilson Wall Street’s most famous stock market forecaster. It’s a role he failed to return in 2023. Bloomberg’s Most Read Morgan Stanley’s chief U.S. equity strategist conceded on Monday that he had remained pessimistic for too long amid a rebound that left equity … Read more

(Bloomberg) – The Dow Jones Industrial Average is retreating to an all-time high, tech stocks have surged, stock investor sentiment is soaring and calls for recession are muted. Bloomberg’s Most Read Yet for JPMorgan Chase & Co.’s Marko Kolanovic, who has become one of Wall Street’s most notable bears this year, all of this remains … Read more

You have to follow the actions of Warren Buffett, because if the Berkshire Hathaway (BRKB) sticks to a winning investment formula, that doesn’t mean standing still. X In the first quarter of 2023, Buffett increased its two main stocks: Apple (AAPL) and Bank of America (BAC). AAPL stock is the top position in Berkshire’s Dow … Read more

Customers use an ATM at a Bank of America.Photo by Justin Sullivan/Getty Images) US personal savings have collapsed by $5.5 trillion since April 2020, creating problems for the economy. Historically high inflation has been the main reason for the decline in US consumer cash reserves. With the return of student loan bills, savings and spending … Read more

biogenic (BIIB) released second-quarter financials on Tuesday, with analysts expecting lower earnings and revenue as all eyes are on the company’s recently fully approved Alzheimer’s disease drug, Leqembi. X Wall Street sees earnings for the Cambridge, Mass.-based multinational biotech company fall 28% to $3.77 per share in the second quarter, with sales down 9% to … Read more

(Bloomberg) – Rarely do corporate brands become so intertwined with everyday conversation that they become verbs. It is even rarer for the owner of such a mark to announce their intention to destroy it intentionally. Bloomberg’s Most Read On Sunday, amid a quiet summer weekend, Elon Musk decreed that the Twitter product name would be … Read more

After two decades of dominance, is Google’s vaunted Internet search business about to be dethroned by AI? Alphabet, Google’s parent company, will release its quarterly earnings report after Tuesday’s market close, providing investors with some of the first data to help answer the question. The rise of generative AI tools in recent months, and the … Read more

The number of CDs paying a stellar rate continues to grow, with two more options today for CD buyers to earn 5.35% APY or better. The current market leader across all terms continues to be INOVA Federal Credit Union’s 14-month certificate paying 5.75% APY, which surged to the top of the charts on Friday. Key … Read more