On Monday, Nike shares hit a record high after Bank of America Merrill Lynch upgraded shares to neutral from underperform as the firm now believes consensus estimates are bottoming. While the global slowdown in performance wear sales is a concern for the apparel industry, BofAML expects that Nike’s non-performance “sportswear” growth to offset any industry-wide malaise. The Final Round panel discusses.
There's a much more popular AI stock on Capitol Hill than the leading AI chip maker.
In addition to economic and earnings news, inflation and geopolitical worries will have roles to play.
A month after a higher state minimum wage for fast-food workers went into effect, consumers picking up burgers and burritos at chains in the Golden State grapple with prices rising at a faster clip than in other states.
The $50 million purchase could turn into Nvidia's biggest investment.
These two dividend payers have historically high yields and attractive businesses, even though there are some headwinds to deal with.
This little-known software stock could soar as businesses spend more on generative artificial intelligence.
Nancy Pelosi's husband Paul Pelosi uses an investing strategy that lowers upfront costs.
The tobacco giant will soon be allowed to sell a proven product in a proven market.
Donald Trump’s aides have drawn up secret plans to oust the chairman of the Federal Reserve and allow the president to set interest rates, according to reports.
Earnings presentations from four of the biggest tech companies in the world showed two very different visions of AI: the moonshot and the incremental gains.