Is an opportunity to buy chip stocks nearing? These two big Wall Street banks are divided.
JPMorgan says a summer buying opportunity is coming for chip stocks, but Morgan Stanley says the sector is in for a hard remainder of 2026.
JPMorgan says a summer buying opportunity is coming for chip stocks, but Morgan Stanley says the sector is in for a hard remainder of 2026.
Edelman Financial Engines is appealing a judge’s decision to dismiss its lawsuit against Mariner Wealth Advisors, intending to bring the case to the federal appeals court. Edelman Financial Engines’ attorneys on Thursday filed that they intended to appeal the case to the Tenth Circuit Court of Appeals to overturn the judgment by Kansas Federal Court…
The American Fintech Council (AFC) has sent a comment letter to the Oregon Department of Consumer and Business Services (DCBS), Division of Financial Regulation, asking for a “more tailored” regulatory treatment of buy now, pay later (BNPL) providers. Currently, Oregon intends to treat these platforms like payday lending services. Oregon’s approach also highlights the challenges for…
Ask the question “Could this stock be a millionaire-maker?” about most trillion-dollar companies, and the honest answer has to be “Probably not.” Ask it about Nvidia (NVDA +3.90%), whose market cap of roughly $4.7 trillion makes it the most valuable company on the planet, and the answer gets more interesting: Yes, it still can — but…
Monthly sales growth at Costco slowed in June — a sign that even one of retail’s strongest operators isn’t immune to the economic realities that have consumers rattled. Costco reported late Wednesday that total June sales rose 10.6% year over year to $29.4 billion, coming in slightly below expectations. Drilling down on June comparables in…
Walk into any wealth management conference today, and you will still hear the old gospel: top performance, maximum access (which assumes impeccable transparency), and mutually beneficial relationships. Based on my numerous participations in such events, these were the industry’s holy trinity, and for good reason. But look closer, and the reality is already different. As…
Motorists purchase gas at a station in Chicago, Illinois, June 9, 2026. Scott Olson | Getty Images Stock Chart IconStock chart icon WTI Crude 5-day chart. On Thursday, the national average of gas prices was at $3.84, according to AAA, up 5 cents from the day prior. The rise comes as U.S. oil prices rose…