Category: Uncategorized
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Hertz shares surge more than 50% after Bill Ackman takes big stake in the rental car firm
Shares of Hertz surged 56% Wednesday after a regulatory filing revealed Pershing Square had built a 4.1% position as of the end of 2024.
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UBS loses crown as continental Europe’s most valuable bank to Santander amid U.S. tariffs
Santander and UBS’ shares have diverged over recent months, with the Swiss lender shedding 17.2% in the year to date, while Santander has gained nearly 35%.
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Powell indicates tariffs could pose a challenge for the Fed between controlling inflation and boosting growth
The central bank leader said that while he expects higher inflation and lower growth, it’s unclear where the Fed will need to devote greater focus.
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Here’s why retirees shouldn’t fully ditch stocks
Retirees need at least some stocks in their portfolios to ensure they don’t run out of money later, experts said.
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Four money traps to avoid in a volatile market, according to ‘Fast Money’ trader Tim Seymour
“Fast Money” trader Tim Seymour wants to help investors avoid costly mistakes.
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Watch Fed Chair Powell speak live on policy to the Economic Club of Chicago
Federal Reserve Chair Jerome Powell speaks Wednesday afternoon at the Economic Club of Chicago.
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Wall Street trading desks are feasting on the volatility from Trump’s global upheaval
The six biggest U.S. banks put up $16.3 billion in stock trading revenue, 33% more year over year and higher than the 2020 pandemic or the 2008 financial crisis.
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Stocks making the biggest moves midday: Nvidia, ASML, Advanced Micro Devices and more
These are the stocks posting the largest moves in midday trading.
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JPMorgan Chase sues more customers who allegedly stole cash in ‘infinite money glitch’
The episode highlights the lengths JPMorgan Chase, the biggest U.S. bank by assets, will go to claw back funds it is owed and to deter future crimes.
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Stocks making the biggest moves premarket: United Airlines, Nvidia, Tesla, Travelers and more
These are the stocks posting the largest moves in premarket trading.