Wall Street

Wall Street just gave its highest forecast yet for the S&P

Business
Jessica Roberts

Wall Street’s high mark for stock market returns in 2024 keeps moving up. BMO Capital Markets chief investment strategist Brian Belski boosted ...

GameStop, AMC decline as meme stock rally fizzles after just two days

Business
Jessica Roberts

A GameStop store operates in a strip mall in Chicago on March 16, 2023. Scott Olson | Getty Images GameStop and AMC ...

Archegos’ Bill Hwang lied to become Wall Street legend, causing $36B fund to collapse: prosecutors

Business
Jessica Roberts

Sung Kook “Bill” Hwang tried to trick all of Wall Street, a federal prosecutor told a Manhattan federal jury, as the trial on charges ...

Warren Buffett’s $189 Billion Subtle Warning to Wall Street Shouldn’t Be Ignored

Business
Jessica Roberts

Some 51 years ago, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett held his company’s first annual shareholder meeting in the cafeteria ...

Are Stocks Going to Crash? This Forecasting Tool Hasn’t Been Wrong in 65 Years, and It Has a Sobering Message for Wall Street

Business
Jessica Roberts

In case you haven’t noticed, the green flag has been waving for optimistic investors for more than a year. Since the start ...

Should You Buy Nvidia Stock Before the AI Chipmaker Reports Earnings on May 22?

Business
Jessica Roberts

The launch of generative artificial intelligence (AI) application ChatGPT whipped Wall Street into a frenzy in late 2022. While the generative AI ...

$3 trillion could be injected into the U.S. economy without any federal spending by tweaking this corner of the mortgage market, ‘Oracle of Wall Street’ says

Business
Jessica Roberts

The U.S. housing market is harboring the potential for unprecedented economic stimulus that wouldn’t require any federal spending, according to Meredith Whitney, ...

‘We lost quite a bit of money’

Business
Jessica Roberts

OMAHA, Neb. — Warren Buffett revealed that he dumped Berkshire Hathaway’s entire Paramount stake at a loss. “I was 100% responsible for ...

Stocks Halt Slide as Apple Climbs Before Earnings: Markets Wrap

Business
Jessica Roberts

(Bloomberg) — The world’s biggest technology companies drove a rebound in US stocks ahead of Apple Inc.’s earnings, with Wall Street also ...

Prominent Billionaires Are Selling It and Buying These 2 Ultra-High-Yield Dividend Stocks Instead

Business
Jessica Roberts

Since the advent of the internet roughly 30 years ago, there hasn’t been an innovation or trend that’s excited professional and everyday ...