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Latest in Congressional Stock

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274 items
  • Tech Stocks and AI Propel Wall Street’s Record-Setting Streak

    Tech Stocks and AI Propel Wall Street’s Record-Setting Streak

    AI is fueling the rise of tech stocks to soaring levels.
    Inc. - Dec. 4
  • PVH Stock Falls After Holiday Outlook Falls Short

    PVH Stock Falls After Holiday Outlook Falls Short

    The company guided for sales to fall between 6% and 7% in the current quarter, wider than the 4.5% decline forecast by analysts.
    The Wall Street Journal - Dec. 4
  • Congressional GOP offers new proposal on year-end health package

    Congressional GOP offers new proposal on year-end health package

    Republicans on Capitol Hill have sent a preliminary offer to Democrats for numerous health care policies to be tacked onto the continuing resolution that lawmakers are moving to complete before the ...
    The Hill - Dec. 4

  • Tech stocks hit first all-time high since July

    Technology stocks powered to new highs on Wednesday as the tech-heavy Nasdaq Composite rallied 1% and investors poured into key software and megacap players.
    CNBC - Dec. 4
  • Rep. Grace Meng to lead congressional Asian caucus, replacing longtime chair Judy Chu

    Rep. Grace Meng to lead congressional Asian caucus, replacing longtime chair Judy Chu

    Rep. Grace Meng, D-N.Y., on Wednesday will become the new chairwoman of the Congressional Asian Pacific American Caucus, succeeding Rep. Judy Chu, D-Calif.
    NBC News - Dec. 4

  • Terns’s stock soars as analysts cheer leukemia data — and predict more gains

    The pharma company now has two positive proof-of-concept trials under its belt, including its weight-loss pill.
    MarketWatch - Dec. 4
  • Congressional Democrats call on Biden to disburse remaining IRA climate funds before leaving office

    Congressional Democrats call on Biden to disburse remaining IRA climate funds before leaving office

    Sen. Ed Markey (D-Mass.) and Rep. Alexandria Ocasio-Cortez (D-N.Y.) called on President Biden in a letter Wednesday to ensure climate-related Inflation Reduction Act (IRA) and Bipartisan ...
    The Hill - Dec. 4

  • Chipmaker Marvell's strong quarter is good news for these 3 portfolio stocks

    The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
    CNBC - Dec. 4

  • Marvell’s stock skyrockets as it’s dubbed the next hot AI chip name

    Wall Street is excited about Marvell’s traction in custom offerings and partnership with Amazon’s AWS.
    MarketWatch - Dec. 4

  • 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

  • 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

  • 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

    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
  • Ohio Democrat says he would also join Congressional DOGE caucus

    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

  • 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

  • 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

    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
  • Is the Stock Market Bubble About to Pop?

    Is the Stock Market Bubble About to Pop?

    Investor euphoria is soaring, but strategists remain hesitant to call it too frothy.
    Inc. - Dec. 3

  • ‘Contrarians aren’t being rewarded,’ and short sellers of U.S. stocks are giving up, says Citigroup

    Strategists at Citigroup say investors are increasingly giving up on bets against the U.S. stock market.
    MarketWatch - Dec. 3
  • AT&T Gave Up on the Media Business, and Its Stock Has Surged

    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

  • Top tech stocks are ‘cash machines,’ so keep buying, says the dean of valuation

    Aswath Damodaran, the NYU Stern School of Business finance professor, says big tech stocks are “insanely profitable,” and should be bought in case of pullbacks.
    MarketWatch - Dec. 3

  • Asian chip stocks mostly rise, shrugging off new U.S. semiconductor export curbs on China

    Shares of major Asian chip stocks mostly rose on Tuesday, shrugging off the U.S. announcing new emiconductor export controls on China.
    CNBC - Dec. 3

  • Zscaler’s post-earnings stock drop further bucks 2024’s rally by software sector

    Zscaler’s stock was down on the year prior to earnings, while an ETF tracking the software sector had rallied 29%
    MarketWatch - Dec. 3

  • 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

  • Art Cashin, New York Stock Exchange fixture for decades, dies at age 83

    Art Cashin was UBS' director of floor operations at the NYSE and a man The Washington Post called "Wall Street's version of Walter Cronkite."
    CNBC - Dec. 2
  • Art Cashin, New York Stock Exchange fixture for decades, dies at 83

    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

  • Cramer calls Disney stock a 'great bargain' as CEO Bob Iger scores another big box office win

    Disney broke some more box office records with 'Moana 2' over the long Thanksgiving weekend.
    CNBC - Dec. 2

  • Tesla’s stock surges after self-driving software update, new Street-high target

    Tesla’s stock jumps toward a 2 1/2-year high after the EV-maker’s FSD software gets its awaited update.
    MarketWatch - 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
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