Cardinal Health’s sell-off was an overreaction. We’d be buyers
We’ve taken a closer look at Cardinal Health’s quarterly results and conference call following Thursday’s sell-off. Our conclusion:…
Apple delivers a nearly perfect quarter, with a CEO change and an AI update ahead
Apple on Thursday evening reported a strong quarter to wrap up a busy week of megacap earnings. Clearly,…
Reddit’s CEO calls his company ‘the fuel’ for artificial intelligence
Reddit CEO Steve Huffman said his company may be one of the most underappreciated winners of the artificial…
Stock market today: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) during Pershing Square Capital Management LP’s…
Is Meta’s AI spending working? The stock’s next move depends on answer
Shares of Meta Platforms are recovering from a bruising stretch earlier this year, when investors shied away from…
ASB hikes mortgage rates by up to 20 basis points
The largest increase is to ASB’s five-year mortgage rate, which jumps 20bps to 5.89%. Adam Boyd, ASB’s executive…
Ray Dalio says Kevin Warsh shouldn’t cut interest rates in a ‘stagflation’ era
Billionaire investor Ray Dalio warned the U.S. economy has slipped into a stagflationary environment and said it would…
Street research adopts our long-held view on AI and cybersecurity stocks
Wall Street is touting one of our long-held views: AI represents a tailwind —not a headwind — for…
Wall Street is getting bullish on neoclouds. These stocks hold more risk than other AI plays
There’s a lot of market buzz on the emerging crop of companies known as neoclouds, but these stocks…
Macron Says Would Be ‘Silly’ Not to Roll Over EU Covid-Era Debt
French President Emmanuel Macron said the European Union’s Covid-era debt should be rolled over and the bloc should…
Asia’s great disconnect: Markets boom as Iran war fuels cost of living crisis
Markets in Tokyo and Seoul have hit record highs, while in Manila jeepney drivers went on strike last month to protest surging fuel…
The charts are showing there’s more pain ahead for healthcare stocks, says Carter Worth
(Check out Carter’s worthcharting.com for actionable recommendations and live nightly videos.) The worst performing sector year to date…