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Tag: Breaking News: Investing

Guggenheim is bullish on this cybersecurity stock despite a recent sell-off

A promising entry point in Fortinet shares has opened, according to Guggenheim. The firm upgraded the stock to buy from neutral in a...

Supreme Court affirmative action poses challenges in hiring

Affirmative action supporters and counterprotesters shout at each other outside the U.S. Supreme Court building in Washington, D.C., June 29, 2023.Kent Nishimura |...

Citi raises year-end S&P 500 price target to 4,600

Citi U.S. equity strategist Scott Chronert raised his year-end 2023 S & P 500 price target to 4,600, citing stronger odds of a...

Stock picker’s market won’t derail excitement for ETFs, investor says

Exchange-traded funds can still compete in today's "stock picker's" market, according to a top investor."A lot of money is moving into active ETFs,...

JPM, WFC, MS boost bank dividends after Fed stress test

Jamie Dimon, CEO, JP Morgan Chase, during Jim Cramer interview, Feb. 23, 2023.CNBCLarge U.S banks including JPMorgan Chase, Wells Fargo and Morgan Stanley...

BlackRock files for spot bitcoin ETF, with Coinbase as a crypto custodian

Bitcoin is up 50% so far in 2023, beating major commodities and stock indexes.Filip Radwanski | Sopa Images | Lightrocket | Getty ImagesAsset...

Warren Buffett says Berkshire managers were surprised by economic slowdown, earnings to decline

OMAHA, Neb. — Warren Buffett struck a pessimistic tone about Berkshire Hathaway's myriad of businesses on Saturday, saying he expects an earnings decline...

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