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Why S&P 500’s Peak is Likely 5,600
Baystreet· 2 days agoAfter closing at 5,567.19, the S&P 500 (SPY) has a high chance of crossing 5,600 next. The widely followed index owes much of its historic, record-breaking high to the hype in artificial intelligence ...
Winners and Losers: Macy's, Arm Holdings, Meta Platforms, and More
Baystreet· 2 days agoMarkets rewarded investors who remained bullish on the biggest technology stocks. It punished value investors who bought stocks thinking they were on a temporary discount. Macy’s (M) jumped ...
Unlocking Intrinsic Value: Analysis of Meta Platforms Inc
GuruFocus.com via Yahoo Finance Canada· 2 days agoAs of 2024-07-08, Meta Platforms Inc's intrinsic value as calculated by the Discounted Earnings...
Is book value really an out-of-date measure for stocks?
The Globe and Mail· 2 days agoU.S. sector valuations seem to have organized themselves using a largely outmoded accounting measure...
Earnings season to test hopes for broader stocks rally
StreetInsider· 2 days agoThe S&P 500 has rallied 16% so far in 2024, driven by a handful of massive stocks poised to benefit from emerging artificial intelligence technology. Only 24% of stocks in the S&P 500 outperformed ...
Evan Spiegel: The old man of social media
Los Angeles Times· 3 days agoEvan Spiegel didn’t come this far to give up now. It has been 13 years since the then-21-year-old Snap Chief Executive burst onto the tech scene with...
In a Down Box-Office Year, Disney’s ‘Inside Out 2’ Dominates
Barrons.com· 4 days agoThe animated film blew past a billion dollars in tickets this past weekend, and doing so in only 19...
Wall St.'s scorching rally sets more records as jobs report lifts hopes for rate cuts
The Post and Courier· 4 days agoThe yield on the 10-year Treasury, which is the centerpiece of the bond market, fell to 4.27 percent...
U.S. Stocks Hit Unprecedented Peaks Amid Growing Speculation of Federal Rate Cuts - EconoTimes
EconoTimes· 4 days agoStocks in the United States reached new highs. On Friday, Wall Street's hopes that interest rates...
Wall Street's scorching rally sets more records as hopes rise for rate cuts
Los Angeles Times· 4 days agoU.S. stocks rose to more records Friday after a highly anticipated report on the job market bolstered Wall Street’s hopes that interest rates may soon get easier. The Standard & Poor’s 500 climbed ...