Bill Gross recommends shift to defensive stocks as rally loses steam

(Bloomberg) -- The rally that’s helped US stocks almost double in value over the past five years is tapering off, and investors should expect low but positive returns on their investments, according to Bill Gross.Most Read from BloombergUrban Heat Stress Is Another Disparity in the World’s Most Unequal NationChicago’s $1 Billion Budget Hole Exacerbated by School TurmoilShould Evictions Be Banned After Hurricanes and Climate Disasters?From Cleveland to Chicago, NFL Teams Dream of Domed StadiumsSi

Arcadium Lithium Stock Soars as Rio Tinto Announces $6.7B Acquisition

Arcadium Lithium shares jumped to their highest level in months Wednesday after Rio Tinto announced it would acquire the lithium miner for roughly $6.7 billion.

AI’s Thirst for Power Turns Utility Stocks Into Big Tech Proxies

(Bloomberg) -- The tech world’s obsession with artificial intelligence is continuing to spur a huge demand for power — supercharging returns in the utilities sector and shaking up the S&P 500 index. Wall Street sees more to come.Most Read from BloombergUrban Heat Stress Is Another Disparity in the World’s Most Unequal NationFrom Cleveland to Chicago, NFL Teams Dream of Domed StadiumsChicago’s $1 Billion Budget Hole Exacerbated by School TurmoilSingapore Ends 181 Years of Horse Racing to Make Way

Wall Street’s Gulf Boom Faces Risks From Iran-Israel Tensions

(Bloomberg) -- Wall Street giants have been flocking to the Middle East for a slice of the region’s vast oil wealth, but escalating tensions between Iran and Israel are throwing up new uncertainties.Most Read from BloombergUrban Heat Stress Is Another Disparity in the World’s Most Unequal NationFrom Cleveland to Chicago, NFL Teams Dream of Domed StadiumsChicago’s $1 Billion Budget Hole Exacerbated by School TurmoilSingapore Ends 181 Years of Horse Racing to Make Way for HomesShould Evictions Be

How To Earn $500 A Month From JPMorgan Stock Ahead Of Q3 Earnings

JPMorgan Chase & Co. (NYSE:JPM) will release earnings results for its third quarter, before the opening bell on Thursday, Oct. 10. Analysts expect the New York-based company to report quarterly earnings at $4.00 per share, down from $4.33 per share in the year-ago period. JPMorgan is projected to report revenue of $41.66 billion, up from $39.64 billion a year earlier, according to data from Benzinga Pro. JPMorgan Chase's J.P. Morgan Asset Management penned a deal to enhance its Morgan Money offe

Helen Of Troy Stock Crushes Q2 Expectations Despite Beauty & Wellness Setback

Helen Of Troy Ltd (NASDAQ:HELE) shares surged after the company reported better-than-expected second-quarter results, reaffirming its FY25 sales and EPS outlook. The company reported a second-quarter sales decline of 3.5% year-over-year to $474.221 million, beating the analyst consensus of $458.237 million. The decrease in sales was primarily driven by a decline in Beauty & Wellness due to lower sales of hair appliances, air purifiers, and humidifiers. Total net sales revenue for the Home & Outd

Boeing at Risk of Junk Rating With S&P Amid Strike

(Bloomberg) -- S&P Global Ratings is looking at downgrading Boeing Co.’s credit grades to junk, citing the planemaker’s growing cash needs as it suffers from a strike by machinists that looks increasingly likely to wear on. Most Read from BloombergUrban Heat Stress Is Another Disparity in the World’s Most Unequal NationFrom Cleveland to Chicago, NFL Teams Dream of Domed StadiumsChicago’s $1 Billion Budget Hole Exacerbated by School TurmoilSingapore Ends 181 Years of Horse Racing to Make Way for

Is the S&P 500 Outperforming Your Favorite Commodities?

Visual proof that holding stocks on the S&P 500 is safer than you think

Why you should take profits on the red-hot gold trade: Strategist

India credit and charge card payments market to grow by 15.5% in 2024, forecasts GlobalData

Successful government initiatives and increasing consumer confidence in electronic payments combine to accelerate cash displacement