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Wall Street firm gets it right with Best Buy call, plus Eli Lilly shares move up
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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. -
The Hill - Politics
Trump opens up lead on Biden after debate: Wall Street Journal poll
Former President Trump expanded his lead over President Biden to 6 points in a new poll of the presidential race from The Wall Street Journal published Wednesday amid the ongoing fallout from their debate last week. Trump garnered 48 percent ...Joe Biden -
MarketWatch - Business
Why one Wall Street strategist is done publishing year-end targets for the S&P 500
One Wall Street macro strategist has decided to abandon the practice of publishing year-end targets for the S&P 500, arguing that these forecasts no longer provide much benefit to clients. -
The Wall Street Journal - World
Wall Street Bids Adieu to Its Biggest Bear
JPMorgan’s Marko Kolanovic had a knack for making aggressive calls, but now the analyst is out after missing a roaring bull market. -
NBC News - Top stories
Why this Wall Street trailblazer believes furniture can unite America
When Lulu C. Wang immigrated to the U.S. from Shanghai with her family in 1948, she knew only one word of English. -
MarketWatch - Business
Continental AG shares jump 10% as German firm predicts boost from China
Continental AG told analysts that it expects to achieve higher margins in the second quarter of 2024 compared to the first quarter of the yearChina -
NBC News - Top stories
Fed says inflation is moving in the right direction
Federal Reserve officials indicated that inflation is moving in the right direction but not quickly enough for them to lower interest rates.Federal Reserve -
MarketWatch - Business
Nvidia’s stock gets a downgrade as AMD, TSMC shares are deemed top plays
New Street Research sees reason for “a more prudent view” on Nvidia’s stock. -
BBC News - Top stories
Moving into Downing Street: life behind the iconic black door
Rishi Sunak has made way for new Prime Minister Keir Starmer to move into No 10. Here’s how it all happens.
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CNBC - Business
Biden defends mental health, vows to stay in race as House Democrats set weekend meeting
President Joe Biden spoke with ABC News anchor George Stephanopoulos during a campaign trip to Madison, Wisconsin.Joe Biden -
CNBC - Business
Tesla shares wipe out loss for the year with 27% rally this week
After a dismal start to 2024, Tesla's stock has rallied sharply of late, including a 27% gain this week, to wipe out its loss for the year. -
CNBC - Business
Iran elects reformist Masoud Pezeshkian in presidential runoff vote
The 69-year-old former minister will serve for four years as the head of government for the Islamic Republic, and faces no shortage of challenges.Iran -
CNBC - Business
Here's where the jobs are for June — in one chart
Health care and government were two key areas of job growth, while employment in manufacturing shrank. -
CNBC - Business
Britain's Labour pulled off a thumping election victory with just 34% of the national vote
Unlike in other voting systems, there are no second rounds or ranking of first- and second-choice candidates.