March 29, 2024
Investors

UPS Meets With Investors Tuesday. It Could Be Big for the Stock.

This past year was more difficult than United Parcel Service imagined when it set its three-year goals back in 2021. UPS stock closed above $200 a share on June 9, after the 2021 meeting. Shares closed this past week at $156.27. On Tuesday, UPS is set to meet with analysts and investors in Louisville, Ky.,

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Crypto

Bitcoin Price Struggles. It’s Had a Very Bad Week—and the Selloff May Not Be Over.

Bitcoin and other cryptocurrencies were weaker Friday, struggling into the end of a bearish week for digital assets as Bitcoin plunged after notching an all-time high. While analysts and traders remained bullish on the outlook for crypto, there are still warning signs that a correction may not be over. The price of Bitcoin has fallen

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Investors

Should stock-market investors stop worrying about the Fed and just keep loving AI?

It might seem at times that investors care more about Jensen Huang than Federal Reserve Chair Jerome Powell. Huang is the longtime CEO of chip maker Nvidia Corp. NVDA , which stole the show last week by blowing away already lofty earnings expectations and leading stocks to new rounds of all-time highs, even as nagging

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Investors

Stock investors fear ‘no-landing’ economy could spell trouble. What’s next?.

While the U.S. stock market has been pricing in a “soft-landing” scenario for the economy, a blowout January jobs report, relatively strong corporate earnings, and Federal Reserve Jerome Powell’s comments during the past week could point to the possibility of “no landing,” where the economy is resilient while inflation stays target.   Such a scenario

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Investment

Wall Street’s biggest bear is leaving Morgan Stanley’s investment committee. What he got right – and wrong about the stock market.

Published: Feb. 2, 2024 at 6:47 p.m. ET One of Wall Street’s biggest bears will be giving up some of his duties, stirring memories for some investors and market mavens of a previous shakeup that proved ill-timed for the market. Mike Wilson will leave his post as chair of Morgan Stanley’s Global Investment Committee but

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Investors

Why stock-market investors will remain at mercy of shifting rate-cut expectations

Stock investors have gotten off to a wobbly start to the new year, hobbled by shifting expectations on the timing and extent of Federal Reserve interest-rate cuts in 2024. All three major U.S. stock indexes snapped a nine-week winning streak on Friday, after unexpectedly strong December job gains prompted traders to briefly pull back on

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Investors

Europe’s Decision to Ground Boeing 737 MAX 9 Jets Tells Investors Something

The European aviation regulators have followed orders by the Federal Aviation Administration for the temporary grounding of many Boeing 737 MAX 9 aircraft, after a MAX 9 operated by Alaska Air lost a section of its fuselage in midair on Friday. The damaged plane was able to return to the Portland, Ore., airport, where the

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