European Stocks Slide, Bonds Rally
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President Donald Trump could sign orders to support the nuclear industry as soon as Friday, sources told Reuters. The orders would invoke the Defense Production Act and direct the Departments of Energy and Defense to help speed the construction of reactors.
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Stocks have rallied since April, but the gains will fad as tech stumbles. A top exec says investors should eye beneficiaries of deregulation instead.
U.S. stocks have mounted a strong comeback, but lurking behind the optimism is one of the market’s old, expensive problems: stocks are pricey once again.
Equity investors pushed back into the market by a relentless rally are about to find out that the real challenge is just beginning.
Renaissance Macro sees an improving risk-reward backdrop and a stock market rally in the coming months.
Snowflake Inc.’s stock is up more than 31% over the past month, and it has risen in 13 of the past 15 sessions. The rally looks poised to sustain after earnings. The software company, which provides data-warehousing offerings for businesses, exceeded expectations with its results and outlook Wednesday. Shares rose more than 7% in extended trading.
Share prices of Pinterest (NYSE: PINS) soared after the social media company reported strong results on May 8. Let's look at Pinterest's most recent results and guidance to see whether this rally can stick.