Insights That Drive Financial Growth in Resource and Tech Markets

BABA, LAC, FCX, QURE, and Beyond

BABA, LAC, FCX, QURE, and Beyond

BABA, LAC, FCX, QURE and more Check out the companies making headlines in midday trading: Freeport-McMoRan — The mining company’s stock tumbled nearly 12% after it declared force majeure at its Grasberg mine in Indonesia. Freeport halted activity at the mine earlier this month after a mud rush led to a fatal accident. In addition, […]

Examining Our Energy Stocks, Featuring an A+ Performer

Examining Our Energy Stocks, Featuring an A+ Performer

A look at our energy stocks, including an A+ name (This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh — “There are three kinds of lies,” Mark Twain once apocryphally said. “Lies, Damned Lies, and Statistics.” Lying with statistics, or, at […]

How GE Spinoff Vernova Leveraged AI to Soar in the Stock Market

How GE Spinoff Vernova Leveraged AI to Soar in the Stock Market

How GE spinoff Vernova rode the AI trade to the top of the stock market General Electric could not have chosen a better moment to launch its energy businesses as an independent company, CEO Scott Strazik said one month before GE Vernova debuted on the New York Stock Exchange. “Now that’s a big statement,” Strazik […]

Wall Street Cruises to the Close of Another Record-Breaking Week

Wall Street Cruises to the Close of Another Record-Breaking Week

Wall Street coasts toward the finish of another record-setting week Wall Street is coasting toward the finish of its latest record-setting week on Friday. The S&P 500 rose 0.2% and was on track to close out its ninth winning week in the last 10. The Dow Jones Industrial Average was up 98 points, or 0.2%, […]

Why FactSet (FDS) Stock Is Down Today

Why FactSet (FDS) Stock Is Down Today

Why FactSet (FDS) Shares Are Trading Lower Today Shares of financial data provider FactSet (NYSE:FDS) fell 4.1% in the morning session after the company reported third-quarter earnings that missed analyst estimates and provided a disappointing profit forecast for the next fiscal year. The financial data firm disclosed adjusted earnings of $4.05 per share, which fell […]

What Caused Redwire’s Stock to Plummet Today?

What Caused Redwire’s Stock to Plummet Today?

Why Did Redwire Stock Crash Today? Redwire probably isn’t a buy right now. But that doesn’t necessarily make it a sell. Shares of Redwire Corporation (RDW -11.33%), a builder of orbital space infrastructure, took a tremendous hit on Wednesday morning, falling 11.9% through 9:55 a.m. ET — all apparently on no news. Or at least […]

Investors Approach Fed Decision with Highest Optimism Since February

Investors Approach Fed Decision with Highest Optimism Since February

Investors head into the Fed decision at their most bullish since February Sentiment is high heading into the Federal Reserve decision. Investors are at their most bullish since February, according to the latest global fund manager survey released Tuesday from Bank of America Securities. The Wall Street firm said the survey’s broadest sentiment measure — […]

Elon Musk Invests $1 Billion in Tesla Stock, Moving Closer to 25% Ownership

Elon Musk Invests  Billion in Tesla Stock, Moving Closer to 25% Ownership

Elon Musk Spends $1B on Tesla Shares, Small Step Toward 25% Control Elon Musk just spent $1 billion on Tesla shares. It’s only a small step toward tightening his grip on the EV maker. Tesla’s CEO bought around 2.6 million shares of the EV maker on Friday, a regulatory filing revealed on Monday. The purchases […]