Latest in Congressional Stock Trading
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Hormel’s stock slumps as sales are still being hurt by weak turkey prices
Hormel was impacted by lower prices for whole-bird turkeys this year, as well as a production interruption at a Planters facility in Virginia.MarketWatch - Dec. 4 -
Why Foot Locker’s stock is sliding despite upbeat Thanksgiving-week sales
The company is dealing with “softer consumer demand outside of key selling periods,” as well as the need for more promotions.MarketWatch - Dec. 4 -
Salesforce earnings spur a big stock rally. Is the AI hype justified?
Wall Street seems excited about early momentum for Salesforce’s Agentforce AI product, but some analysts are skeptical about the monetization potential.MarketWatch - Dec. 4 -
Hiccups in ETFs tracking MicroStrategy occurring as bull market fuels trading boom in single-stock funds
Single stock ETFs are seeing high trading volumes, and some are showing signs of stress.CNBC - Dec. 4 -
China bans export of key minerals to U.S. as trade row deepens
As China responds to the latest U.S. measures by banning the export of several key minerals, one analyst warns of "a trade war that has no winners."CBS News - Dec. 4 -
Jim Cramer's top 10 things to watch in the stock market Wednesday
Eli Lilly crushed Novo Nordisk's in a head-to-head obesity drug trial. Salesforce and Marvell shares surged on earnings.CNBC - Dec. 4 -
Why gold will likely beat stocks over the near term
Stocks and gold have produced nearly identical returns so far this year.MarketWatch - Dec. 4 -
Flyers Have Big Need To Address Through Trade
The Flyers should look to fix this need through the trade market.Yahoo Sports - Dec. 4 -
If Trump’s tariffs start a trade war, it would be an economic disaster | Mark Weisbrot
The president-elect’s two main arguments for his tariff threat – to reduce migration and to combat drugs – are not credible. “To me, the most beautiful word in the dictionary is tariff, and it’s my ...The Guardian - Dec. 4 -
Why Trump’s tariff threats will hit stocks sooner than you think
Trump’s trade team could be even more hawkish this time around.MarketWatch - Dec. 4 -
South Korea Stock Markets Wobble After Martial Law Turmoil
Officials pledged “unlimited” support to markets as traders digested the implications of South Korea’s brief declaration of martial law.The New York Times - Dec. 4 -
China bans exports of key microchip elements to US as trade tensions escalate
Semiconductor restrictions on China announced by Washington a day earlier prompt retaliation involving critical minerals including gallium and germanium . The Chinese government has said it will ...The Guardian - Dec. 4 -
Ohio Democrat says he would also join Congressional DOGE caucus
Ohio Rep. Greg Landsman (D) said Tuesday he would join the Congressional Delivering Outstanding Government Efficiency (DOGE) Caucus, which seeks to be a counterpart to the new “Department of ...The Hill - Dec. 4 -
Kospi heavyweight stocks fall in volatile trade amid political chaos
South Korean heavyweight stocks fell in a volatile trading session Wednesday amid market jitters triggered by a political upheaval.CNBC - Dec. 4 -
Salesforce earnings may serve as latest shot in the arm for software stocks
Salesforce’s stock rises after a revenue beat that could signal healthy spending trends in the industry.MarketWatch - Dec. 4 -
Marvell’s stock rises on strong AI demand, but this trend may be just as big
Marvell’s results signal a gradually healthier business that’s about more than just the AI boom.MarketWatch - Dec. 4 -
As Okta’s stock soars on earnings, this stat shows its strategy is paying off
In the latest quarter, 15% of Okta’s bookings came from new products, as the company looks to dominate identity management.MarketWatch - Dec. 4 -
Campbell's CEO Trades Soup and Snacks for the NFL
Mark Clouse will join the Washington Commanders as president early next year after more than five years as the food-company’s bossThe Wall Street Journal - Dec. 3 -
South Korean stocks rebound from lows in chaotic trading as president says he's lifting martial law
The iShares MSCI South Korea ETF (EWY), which tracks more than 90 large and mid-sized companies in South Korea, at one point tumbled to a 52-week low.CNBC - Dec. 3 -
How Treasury yields are driving whether U.S. stocks beat the rest of the world
Treasury bond yields are clearly influencing how U.S. stocks behave this year relative to equities in the rest of the world, DataTrek Research found.MarketWatch - Dec. 3 -
Canada's Trudeau Says He Addressed Trade Irritants With Trump
In his first public comments about his dinner last week with President-elect Donald Trump, Canadian Prime Minister Justin Trudeau said he addressed trade issues related to steel, aluminum, energy ...The Wall Street Journal - Dec. 3 -
Citigroup’s stock beckons with potential Trump tariff boost and cheap valuation: analyst
President-elect Donald Trump’s potential tariffs may result in more business for the bank as clients re-evaluate trading partners and supply chains.MarketWatch - Dec. 3 -
Modelo brewer Constellation Brands' sale of Svedka vodka is a positive move for the stock
Wine and spirits have been a consistent drag on the brewer's earnings.CNBC - Dec. 3 -
Korean stocks trim declines after president lifts martial-law order
U.S.-listed shares of South Korean stocks and ETFs tracking the country’s equities market trimmed declines Tuesday afternoon after the country’s president lifted a martial-law order.MarketWatch - Dec. 3 -
First Democrat joins Congressional DOGE Caucus
Rep. Jared Moskowitz (D-Fla.) is the first Democrat to join the Congressional Delivering Outstanding Government Efficiency (DOGE) Caucus, a group that aims to be a counterpart to the forthcoming ...The Hill - Dec. 3 -
Third base not exactly flush with options if Phillies do trade Bohm
With little at third base in free agency after Alex Bregman, who would even be the Phillies' options if they trade Alec Bohm this offseason? Here are some candidates.Yahoo Sports - Dec. 3 -
Is the Stock Market Bubble About to Pop?
Investor euphoria is soaring, but strategists remain hesitant to call it too frothy.Inc. - Dec. 3 -
Sabres Should Swing Trade For Surging Blackhawks Forward
With the Sabres needing more offense, they should consider making a push for this Blackhawks forward.Yahoo Sports - Dec. 3 -
AT&T Gave Up on the Media Business, and Its Stock Has Surged
Investors have welcomed CEO John Stankey’s return to boring wireless and broadband services after costly entertainment gambles.The Wall Street Journal - Dec. 3 -
The White House Goes on the Defense, and Israel and Hezbollah Trade Fire
Plus, mail trucks get a “goofy” upgrade.The New York Times - Dec. 3 -
Can the world’s trade police survive Trump II?
Relevance of World Trade Organization under scrutiny amid US president-elect’s protectionist stance. The sting of teargas was a price worth paying, said Michael Dolan, as he looks back on the ...The Guardian - Dec. 3 -
Singapore gets tough on commodity trading practices after series of scandals
Long jail sentence for 82-year-old former oil trader is sign of ‘zero tolerance’ for fraudFinancial Times - Dec. 3 -
Hedge funds profit from ‘Trump trades’ around US election
Element Capital and Graham Capital among macro managers that did well out of recent market swingsFinancial Times - Dec. 3 -
Middle East latest: Israel and Hezbollah trade fire, threatening Lebanon ceasefire
The Lebanese militant group Hezbollah has fired into a disputed border zone held by IsraelABC News - Dec. 2 -
Jim Cramer lists 10 stocks likely to perform well in December
CNBC's Jim Cramer listed ten stocks he thinks will do well in December.CNBC - Dec. 2 -
Hezbollah and Israel Trade Fire, Further Testing Cease-Fire
Both sides have accused each other of violating the deal; Hezbollah fired into Israel for the first time since the truce took effect, and Israel responded with airstrikes.The New York Times - Dec. 2 -
Art Cashin, New York Stock Exchange fixture for decades, dies at 83
Art Cashin, UBS’ director of floor operations at the New York Stock Exchange and a man The Washington Post called “Wall Street’s version of Walter Cronkite,” has died.NBC News - Dec. 2 -
This move by the stock market’s ‘fear gauge’ is historically bullish for the S&P 500
Traders have been rushing in to buy stocks in the final hour of trading over the past two weeks, while a gauge of expected S&P 500 volatility has dropped sharply in the wake of the presidential ...MarketWatch - Dec. 2 -
Global arms trade soars in 2023 amid deadly conflicts
The top 100 global arms producers increased weapons and military-related sales by 4.3 percent last year, according to new research, as nations react to a more volatile and dangerous geopolitical ...The Hill - Dec. 2 -
Jim Cramer says AMD stock is a buy on Intel's CEO shakeup — 'It's winning'
Pat Gelsinger's retirement from Intel will only help Club holding and longtime rival AMD, Jim Cramer said Monday.CNBC - Dec. 2