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The stock market could rally 20% through the rest of this year if it can clear 3 key hurdles, Fundstrat says

Jennifer DuBois -
Stocks are in for a 20% rally through the rest of 2023 if they can clear three hurdles, Fundstrat's Tom Lee said.Lee pointed...
Business

Intel to sell $1.5 billion stake in Mobileye

Jennifer DuBois -
(Reuters) - Intel Corp is offering 35 million shares of Class A common stock, or about a $1.5 billion stake, in Mobileye Global...
Business

Binance Is in Deep Trouble

Jennifer DuBois -
It’s no secret that the US Securities and Exchange Commission has been investigating Binance, the world’s largest crypto exchange—which has no head office or...
Business

Apple’s mixed reality headset announcement sends Unity stock soaring

Jennifer DuBois -
Unity Software (U) stock soared on Monday, rising nearly 20% into the close after a shoutout during Apple's (AAPL) Worldwide Developers Conference.Unity's gaming...
Business

Binance Lawsuit Could Be ‘Huge Mistake’ or Bring Needed Clarity to U.S. Crypto Industry

Jennifer DuBois -
The Securities and Exchanges Commission’s (SEC) suit against the biggest crypto exchange in the world, Binance, could be a huge misstep if other...
Business

Dow Jones Falls As Apple Unveils These Products; This Stock Soars After Cathie Wood Sells It

Jennifer DuBois -
The Dow Jones Industrial Average fell even as component Apple (AAPL) unveiled products including a VR headset and its new iOS 17 operating...
Business

US bank shares fall after Treasury debt issuance, proposed new capital requirements

Jennifer DuBois -
By Chibuike OguhNEW YORK (Reuters) - Shares of U.S. banks fell on Monday with some investors pointing to worries that a flood of...
Business

Blackstone REIT Continues Trend Of Bad News For Real Estate Investors

Jennifer DuBois -
Blackstone real estate investment trust (BREIT) is known as one of America’s largest and most dependable privately held REITs when it comes to...
Business

Markets brace for deluge of Treasury bill supply after US debt deal

Jennifer DuBois -
NEW YORK (Reuters) - Investors are bracing for a wave of U.S. government bond issuance as the Treasury plans to refill its depleted...
Business

Tim Cook unveils Vision Pro headset in Apple’s most significant launch since iPhone

Jennifer DuBois -
07:07 AMGood morningOil prices have advanced after Saudi Arabia said it would cut production by a million barrels a day from July, sacrificing...
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