Popular fund manager reveals top stock pick for 2025
The Wall Street veteran looks beyond the tech sector to make his choice.
SEC sues Elon Musk over failing to disclose Twitter stock stake
Elon Musk is being sued by the U.S. Securities and Exchange Commission, claiming he didn't disclose purchases of Twitter stock in 2022 immediately, allowing him to underpay.
Stock market today: Indexes tick higher as producer inflation comes in cool
Stocks rose after an encouraging PPI report eased concern over inflation.
LA Rental Hits $40,000 a Month as Fires Roil Housing Market
(Bloomberg) -- Los Angeles already had a housing affordability crisis before devastating wildfires burned entire neighborhoods to the ground. The disaster is making it worse. Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsA Blueprint for Better Bike LanesIncoming calls at LA Estate Rentals, which manages and leases homes in some of the area’s costliest neighborhoods, have jumped to 500 a day, more than 10 ti
GE Vernova Stock Surges as BofA Boosts Price Target Ahead of Earnings
GE Vernova shares jumped Tuesday as Bank of America analysts raised their price target ahead of the company’s fourth-quarter earnings report next week.
US stocks give up early gains to end mixed as investors await key consumer inflation data
US stocks gave up earl\y gains to end mixed. Investors await key consumer inflation data and the start of earnings season on Wednesday.
Carnival (CCL) Is Emerging from Uncertain Market Waters Stronger
As the cruise sector sets sail in 2025, investors will be feeling a lot more confident than they did just five years ago, when revenues were cut to zero overnight as lockdowns and pandemic restrictions kicked in. However, many of these companies have seen strong recoveries since then, and I expect Carnival (CCL) to keep its momentum going for quite some time to come. With strong demand levels, a solid-looking balance sheet, and further improvements in the pipeline, I’m bullish. Considering the I
Wall Street bankers say merger outlook has already jumped in 2025
Wall Street bankers are already upbeat about a revival in mergers and acquisitions this year that will buoy broader investment banking activity. It may take some time for deals to materialize, but buyouts including bank deals could gain momentum in the second half of 2025.
Stock investors brace for possibly the ‘most important inflation reading in recent memory’
Investors and traders are on edge about what Wednesday’s consumer-price index for December might say about the direction of inflation — data that could potentially move the stock and bond markets in a pretty big way.
The markets are sending Trump a message
Markets are getting worried about protectionism, the deportation of migrant workers, and a fresh bout of inflation.