These are some of the stocks posting the largest moves in midday trading.
Category: Finance News
Why JPMorgan Chase is prepared to sue the U.S. government over Zelle scams
JPMorgan disclosed that the CFPB could punish the lender for its role in Zelle, the giant peer-to-peer digital payments network.
Key Fed inflation gauge at 2.2% in August, lower than expected
The personal consumption expenditures price index was expected to increase 0.1% in August and 2.3% from a year ago.
Stocks making the biggest moves premarket: Bristol-Myers Squibb, Costco, Super Micro Computer and more
These are the stocks posting the largest moves in premarket trading.
China optimism is surging. Why some investors are cautious
China’s latest policy signals have a bigger impact on sentiment than resolving deeper issues such as real estate, analysts said.
OpenAI CFO tells investors funding round should close by next week despite executive departures
OpenAI CFO Sarah Friar is looking to reassure its investors that the company is still in a strong position after losing top talent this week.
Stocks making the biggest moves midday: Micron Technology, Super Micro Computer, Southwest Airlines and more
These are the stocks posting the largest moves in midday trading.
Wealthy investors support Harris over Trump, new survey says
According to a UBS survey of investors with at least $1 million of investible assets, 57% plan to vote for Harris and 43% plan to vote for Trump.
David Tepper says the Fed has to cut rates at least two or three more times to keep credibility
Appaloosa Management’s David Tepper said the macro setup for U.S. stocks makes him nervous as the Fed eases policy in a good economy like it did in the 1990s.
David Tepper’s big bet after the Fed rate cut was to buy ‘everything’ related to China
The billionaire founder of Appaloosa Management said he may have doubled his limit on China equities with this move.