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Hedge funds are dumping tech stocks despite their recent rally, says Goldman Sachs
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MarketWatch - Business
Hedge fund selling of tech stocks has limited potential for crash, JPMorgan says
Hedge funds in June sold off tech stocks at their fastest rate on record. This sell-off has limited the potential for a crash, JPMorgan said. -
MarketWatch - Business
Is your active mutual fund beating the U.S. stock market this year?
Professional stock pickers who run mutual funds focused on U.S. stocks struggled in June, with only a small majority beating their benchmarks in the first half of this year, according to BofA Global Research. -
MarketWatch - Business
Intuitive Machines’ stock pares gains as next moon mission approaches
Shares of Intuitive Machines Inc. pared their recent gains as the space-exploration company’s next moon mission approaches. -
MarketWatch - Business
Wall Street’s most bearish strategist is leaving JPMorgan. Here’s a look at his market calls.
Chief market strategist Marko Kolanovic is leaving JPMorgan Chase & Co. following a 19-year stretch with the bank, according to a person at the investment bank who shared details from two internal memos with MarketWatch on Wednesday. -
MarketWatch - Business
Buy this retailer’s stock as an AI play, analyst says
D.A. Davidson’s Michael Baker points to one retailer that stands to get a big AI boost in the coming months. -
NBC News - Top stories
North Carolina's Latino population is growing — but not its recent voter turnout
As Democrats look to flip the battleground state back into the presidential win column for the first time since 2008, Latinos will be a key factor — but organizers are finding it challenging. -
Financial Times - Business
Oil prices rally as peak driving season gets under way
Brent crude has risen about $10 a barrel since early June as US stockpiles dwindle -
CBS News - Top stories
The best Walmart 4th of July tech and home deals
Snag some great deals at Walmart, whether you want some new tech gadgets, home goods or cleaning devices. -
NBC News - Top stories
Some women aren't looking for a 'man in finance' — despite the viral song
Women would rather someone “fun and vibrant and exciting” than a man in finance–but they wouldn’t mind if their date grabbed the bill. -
Inc. - Business
U.S. Labor Market Eases Steadily Despite Rise in Job Openings
The Labor Department reports the number of jobs available in May stayed steady from April, a sign that the market is stabilizing.
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MarketWatch - Business
How Kamala Harris’s policies may differ from Biden’s, if she’s the Democratic nominee
If President Joe Biden were to bow out of the White House race, Vice President Kamala Harris is widely viewed as mostly likely to take his place as the Democratic nominee. So what would her policy proposals look like?Joe Biden -
MarketWatch - Business
Is it ‘Joe-ver’ for Biden? It’s now up to the donors.
Democrats need money to keep campaigning through the November election. That means donors have the power to force the party’s hand now.Joe Biden -
MarketWatch - Business
Trump Media to buy assets of WorldConnect Technologies in all-stock deal
Trump Media & Technology Group on Wednesday said it will acquire substantially all of the assets of WorldConnect Technologies.Donald Trump -
MarketWatch - Business
Two more luxury-fashion players could join forces — with the backing of Amazon, report says
Upscale fashion retail chains Saks Fifth Avenue and Neiman Marcus could soon join forces and get a financial boost from Amazon.com Inc., according to a report on Wednesday, as luxury brands consolidate amid a slump in demand. -
MarketWatch - Business
EXCLUSIVE: Famed NYC restaurant Serendipity 3 is opening a Times Square location
EXCLUSIVE: The privately owned business, a celebrity magnet that’s beloved for its frozen hot chocolate, joins such national brands as Hershey’s and Hard Rock Cafe in the tourist-centric locale