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Author: Daniel snow
Kohl’s stock more than doubled at its intraday peak Tuesday, then pulled back, a day after Opendoor shares did the same. Source link
Crypto knowledge is a big barrier for most Americans. Source link
Philip Morris says black-market cigarettes are a big deal, as sales miss and stock falls
Shares of Philip Morris, parent of Marlboro cigarettes and Zyn nicotine pouches, dropped after a rare revenue miss, as a growing illicit market for cigarettes has hurt business in Indonesia and Europe. Source link
U.S. stocks are expensive relative to bonds, bolstering the attractiveness of fixed-income assets in diversified portfolios, according to Wells Fargo Investment Institute. Source link
Homebuilder ETF on track to hit 5-month high despite bleak outlook for housing. Here’s why.
Homebuilder stocks rallied on Tuesday afternoon as earnings season kicked into high gear. Source link
Cloud results from Alphabet, Amazon and Microsoft should show benefits from the explosive rise of AI agents. Source link
Bessent tries to show Trump ‘he can get what he wants’ at the Fed without causing market turmoil
The president has backed further away from rhetoric about firing Federal Reserve Chair Jerome Powell. Source link
The coffee chain told corporate managers they must now work in-office four days a week, sparking employee pushback that would lead to senior employees quitting. Source link
Treasury Department data show that May brought a flood of foreign investors into U.S. markets, with net foreign purchases of U.S. long-term securities surging to more than $300 billion. Source link
Both court cases relate to Elon Musk’s car company, Tesla, and its Autopilot technology. Source link