These are the stocks posting the largest moves in midday trading.
Category: Finance News
Warren Buffett now owns more T-bills than the Federal Reserve
The Omaha-based conglomerate held $234.6 billion in short-term investments in Treasury bills by the end of the second quarter.
A ‘soft landing’ is still on the table, economists say
Recession risks have risen but the U.S. is likely to skirt a downturn if the Federal Reserve soon cuts interest rates, economists said.
No sign of U.S. recession in freight demand, CEO of shipping giant Maersk says
U.S. inventories “are not at a level that is worrisome or that seems to indicate a significant slowdown right in the offing.”
Stocks making the biggest moves premarket: Disney, Airbnb, Rivian, Amgen and more
These are the stocks posting the largest moves in premarket trading.
Sahm rule creator doesn’t think that the Fed needs an emergency rate cut
She said, however, there is a good case for a 50-basis-point cut, adding that the Fed needs to “back off” its restrictive monetary policy.
Consumer giants from Starbucks to General Mills have one big sales problem: China
A theme emerging in the latest slew of U.S. companies’ earnings reports is a drag from the China market.
The case for buying bonds right now
Investors may want to consider fixed income to help navigate the market’s recent volatility.
Stocks making the biggest moves after hours: Airbnb, Super Micro Computer, Tripadvisor, Wynn Resorts and more
These are the stocks posting the largest moves in extended trading.
Markets are counting on the Fed to head off recession with sizeable interest rate cuts
How Chair Jerome Powell and his cohorts react likely will go a long way in determining how investors negotiate a turbulent climate.