Block offers a glimpse of what to expect next year, but its stock slides
The parent company of Square and the Cash App expects to keep expanding operating margins into 2025. View Source MarketWatch.com – Top Stories November 7,…
Statuses
S&P 500 in a ‘mania’ as stock-market rally overshoots, says Wall Street bear
One of Wall Street’s last remaining bears warned Thursday that the S&P 500 is approaching “mania” levels as stocks become more expensive, setting up the…
Upstart’s return to ‘growth mode’ helps send the AI lending stock higher
Loan volumes picked up 43% on a sequential basis. View Source MarketWatch.com – Top Stories November 7, 2024 2:18 pm
Goldman Sachs Opens the Door a Bit Wider to Its Prestigious Club of Partners
The class of partners is the fourth under CEO David Solomon.
Get ready for a relatively quick extension of some 2017 tax cuts if GOP holds on to House
If Republicans end up with a sweep of the House, Senate and White House, they’re expected to focus on using a budget process known as…
Oil prices end higher as traders weigh potential Trump policies
Oil futures finished higher on Thursday, recouping their losses from a day earlier and then some, as traders continued to tackle uncertainty surrounding incoming U.S.…
U.S. Natural Gas Falls as Storage Builds Continue
U.S. natural gas futures settled lower amid further storage builds ahead of the high-demand winter season, with inventories rising by 69 Bcf last…
Stocks Keep Climbing As Fed Cuts Rates
Big tech stocks push higher, while the financial and industrial sectors pull back after Wednesday’s big gains; Lyft jumps 22%.
Gold Bounces Back After Post-Election Selloff
Front-month gold futures settled nearly 1.2% higher, up two of the past three sessions. The uptick comes after gold shed 2.7% in the previous ses…
10-year Treasury yield remains below 4-month high as Fed’s Powell speaks
Yields on long-dated U.S. government debt continued to trade below their four-month highs on Thursday, after the Federal Reserve delivered a widely expected quarter-point interest-rate…