Latest in S&P 500 in a ‘mania’ as stock market rally overshoots, says Wall Street bear
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On Election Day, Trump-linked Phunware’s stock slides
Phunware shares are down 3% as America heads to the polls.Business - MarketWatch - November 5 -
Education stocks rally, with Trump seen as benefiting for-profit colleges
Shares of private-education companies rallied Wednesday, on expectations some of the regulatory pressure on the group will be eased once newly elected President Trump begins his term in January.Business - MarketWatch - November 6 -
Planet Fitness’s stock rallies as it beats profit and revenue estimates
Gym chain boosts its outlook for 2024 revenue growth.Business - MarketWatch - November 7 -
SoFi’s stock climbs, with these twin engines carrying the rally further
Upstart’s upbeat lending results could be giving SoFi investors more optimism, according to a Mizuho analyst.Business - MarketWatch - November 8 -
Alibaba’s stock turns lower as investments to meet AI demand hurt profitability
Alibaba’s stock knee-jerked up after earnings then reversed lower, as revenue missed expectations and ’aggressive’ investments on AI capabilities weighed on profitability.Business - MarketWatch - November 15 -
Post-election stock rally fizzles as interest rate concerns grow
Stocks tumbled on Friday as the post-election rally fizzled and investors fretted over the path of interest rates.Top stories - NBC News - November 15 -
Analysts don’t budge on Williams-Sonoma ratings despite stock rally
After the retailer’s stock hits an all-time high, analysts remained neutral.Business - MarketWatch - 2 days ago -
Gap says it picked up wealthier shoppers, and more market share, despite weak clothing demand
Shares of Gap Inc. rallied after hours on Thursday after the clothing retailer pushed its full-year outlook higher and said the holiday shopping season was “off to a strong start.”Business - MarketWatch - 2 days ago -
Business spending on AI surged 500% this year to $13.8 billion, says Menlo Ventures
Enterprise spending on generative AI surged 500% this year, hitting $13.8 billion — up from just $2.3 billion in 2023, according to a new Menlo Ventures report.Business - CNBC - 3 days ago -
Bitcoin vs. gold: State Street worries the crypto rally's allure is distracting precious metal investors
State Street Global Advisors' George Milling-Stanley warns cryptocurrency plays do not offer the stability of gold.Business - CNBC - 20 hours ago -
Assisted dying law would hit other NHS care, says Streeting
The health secretary has ordered officials to review the costs for the NHS of implementing changes in the law.Top stories - BBC News - November 13 -
Here’s why JPMorgan’s stock gets one analyst’s only downgrade after the Trump bank-stock rally
There’s only one other “deep value stock” among the large U.S. commercial and investment banks, according to one Oppenheimer analyst.Business - MarketWatch - 3 days ago -
S&P downgrades Thames Water debt further into ‘junk’ territory
Decision comes after troubled UK utility reached tentative deal on £3bn of emergency financingBusiness - Financial Times - October 29