Steve Cohen’s Point72 Power Moves During Q1 Featured Walmart, Intel, Nvidia...
The Stamford, Connecticut-based hedge fund, Point72 Asset Management released its trading report for the March quarter this week. The hedge fund founded in 2014 by...
AI Can Boost Net Margins for Companies by 4% Over a...
Goldman Sachs strategists said in a note that artificial intelligence (AI) could boost US net profit margins by nearly 400 basis points over a...
CI Financial’s Got a 14.5% Problem
Less than a week after CI Financial (CA:CIX) CEO Kurt MacAlpine triumphantly announced its deal to sell 20% of its U.S. wealth management business...
China on NFTs: ‘Prosecutors Are Paying Close Attention’
Chinese prosecutors have released a report exploring the legal attributes and risks of non-fungible tokens (NFTs). The move comes as these digital assets are still...
Have the Tech Giants Already Won the AI Race?
Goldman Sachs has forecast that AI technology will drive corporate profits over the next 10 years. Have the tech giants already won?
Earnings Previews: Applied Materials, Catalent, Deere, Foot Locker
Late Thursday, a major supplier of the machines that fabricate computer chips will report earnings. Early Friday, a heavy equipment maker, a contract drug maker and a shoe retailer will follow suit.
Wednesday’s Top Analyst Upgrades and Downgrades: Carvana, Coinbase, Etsy, GE Healthcare,...
Wednesday's top analyst upgrades and downgrades included Amgen, Canadian Pacific Kansas City, Carvana, Coinbase Global, Etsy, First Horizon, GE Healthcare Technologies, Gilead Sciences, Home Depot, Mosaic, Royal Caribbean Cruises, Vornado Realty Trust, Warner Bros. Discovery, Williams Companies and XP.
6 ‘Strong Buy’ Analyst Favorite Stocks With 11% to 15% Dividends
With the federal funds rate likely close to the top end of the range, and possibly headed lower next year, aggressive growth and income investors may want to consider these six BDC, MLP, REIT and other stocks that offer big and dependable passive income and could be absolute total return home runs.
Wednesday Premarket Newsmakers: Tesla to Try Snake Oil, US to Try...
Tesla CEO Elon Musk said the company will try advertising. Meanwhile, the U.S. Energy Department is offering to buy oil to begin replenishing the country's strategic reserve.
Big Question for Algonquin Power & Utilities: Sell or Not to...
Algonquin Power & Utilities (CA:AQN) reported its first-quarter 2023 results on May 11. And while the Oakville, Ontario company beat the Street, the bigger...