MARKET
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NYCB stock drops on steeper-than-expected losses on office and multi-family loans
New York Community Bancorp’s stock fell 6% in premarket trading after the lender reported a second-quarter loss and larger-than-expected charge-offs…
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Nvidia, Super Micro, Broadcom — and 22 other stocks most likely to crash
It’s a bad sign when investors believe the probability of a crash is particularly low — like now. Source link
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Hawaiian Electric stock rallies on report of Maui wildfire settlement
Shares rise nearly 37% on report of $4 billion settlement. Source link
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Why BlackRock sees active ETFs more than quadrupling to $4 trillion by 2030
Actively managed exchange-traded funds will more than quadruple their assets to $4 trillion globally by 2030, carving out a larger…
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Small-cap stocks get some revenge after Big Tech rally pauses. How long can they keep it up?
Investors this week dumped megacap technology stocks and turned to roughed-up corners of the market. What do investors need to…
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What’s worth streaming in July 2024: It’s Peacock’s time to shine, but Netflix is still golden
Peacock has the Summer Olympics, but Netflix still has more to offer. Meanwhile, Apple raises its game for the bronze.…
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Nike wants to sell fewer classic sneakers, roll out more new ones in bid to revive demand
Shares of Nike Inc. tumbled after hours on Thursday after the athletic-wear giant dimmed its expectations for the year as…
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Boeing reportedly changes up terms of offer for Spirit AeroSystems
After getting close to a more than $4 billion all-cash deal over the weekend, jet maker Boeing Co. is now…
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Bullish bets on top-performing stocks like Nvidia surged to a record high this week
Trading in bullish calls tied to megacap growth and tech stocks outnumber bearish puts by the widest margin on record,…
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AbbVie says FDA approves Skyrizi for ulcerative colitis
AbbVie said that the heavily-advertised drug was now approved for four conditions across different so-called “immune-mediated” inflammatory diseases. Source link
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