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Long-Bond Yield’s Biggest Jump Since 2009 Has Ackman Eying 5%

Jennifer DuBois -
(Bloomberg) -- Yields on 30-year Treasuries are on track for their largest quarterly jump since 2009, stoking anxiety that the bond rout of...
Business

Oil prices fall as Russia, Saudi Arabia expected to boost supply

Jennifer DuBois -
By Katya GolubkovaTOKYO (Reuters) - Oil prices fell in early trade on Friday after a recent rally, as profit-taking and expectations of supply...
Business

Gold Might Go Negative In 2023; Will These Factors Weigh?

Jennifer DuBois -
The gold price today is perhaps not doing what investors going long in the precious metal are hoping: to act as a hedge...
Business

Berkshire Gets Downgraded to Hold from Buy by Edward Jones

Jennifer DuBois -
Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved This copy...
Business

Nike beats fiscal Q1 profit estimates, but China sales weaker than expected

Jennifer DuBois -
Nike (NKE) reported fiscal first quarter results after the bell on Thursday that topped Wall Street's estimates for gross margins and earnings per...
Business

Valkyrie Gets Approval to Start Buying ETH Futures For its Existing Bitcoin ETF

Jennifer DuBois -
Asset manager Valkyrie started buying Ether (ETH) futures contracts, after getting approval to convert its existing bitcoin futures exchange traded fund (ETF) to...
Business

Looks like NVIDIA got raided by French antitrust authorities

Jennifer DuBois -
At dawn on Wednesday, French antitrust authorities conducted a surprise raid on a company in the country that specializes in graphics cards —...
Business

Nike Stock Rises After Stronger-Than-Expected Profits

Jennifer DuBois -
The company posted revenue of $12.9 billion; Wall Street was looking for $13 billion in revenue, up from $12.69 billion a year...
Business

9 Dow Stocks Are So Oversold They’re ‘Falling Off The Page’

Jennifer DuBois -
The September sell-off in Dow Jones and S&P 500 stocks is getting so intense, some wonder if it's already overdone. X Nine Dow stocks, including...
Business

Carnival Earnings On Deck. Stock Sails 74% On Travel Rebound

Jennifer DuBois -
Cruise line giant Carnival Corp. (CCL) announces Q3 earnings early Friday. Analysts expect Carnival to post its first positive earnings since Q1 2020....
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