Magnificent 7 stocks are now at their cheapest in about 10 years
Magnificent 7 stocks that previously dominated equity markets are currently trading at their lowest valuation premiums in a decade. Following…
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Labor Market
Jamie Dimon Said the Clarity Act’s Stablecoin Rules Will “Blow Up” the System. JPMorgan Chase’s June 29 Position Paper Explains Why.
Key Points JPMorgan Chase CEO Jamie Dimon has outlined some of the systemic risks posed by stablecoins. If stablecoins are…
The 2027 Social Security COLA Is Set to Be Huge — and Hugely Disappointing, Too
Key Points If you are retired, you’ve probably felt the strain on your budget this year as inflation has increased…
Micron, AMD, Intel surge premarket: why chip stocks are roaring back
Chip stocks were set for a rebound on Thursday as investors stepped back into the AI hardware trade after two…
A Downgrade Wave Says Bank Stocks Are Priced for Perfection Ahead of Q2 Earnings. Here’s the Bear Case.
Key Points Analysts at Oppenheimer believe large bank valuations are now priced correctly. This means any surprises in the upcoming…
Cathie Wood’s Ark Invest Has Bought $9.1 Million of Kratos Defense Stock So Far in July
Key Points So far this month, Cathie Wood’s various Ark exchange-traded funds (ETFs) have bought about $9.1 million worth of…