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Mohamed El-Erian: UK Inflation Hits 2% Target for First Time In 3 Years

BY Ileana Wolfort  • June 19, 2024June 19, 2024
The UK’s inflation rate has finally hit the Bank of England’s target of 2%, marking the first time in nearly three years. However, this development may not be enough to prompt immediate rate cuts, acc[...]
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Jim Cramer Recommends This ‘Great Little Industrial Company’

BY Ileana Wolfort  • June 17, 2024June 17, 2024
On CNBC’s “Mad Money Lightning Round,” Jim Cramer said he still can’t recommend Twilio (NASDAQ:TWLO). On June 14, Morgan Stanley downgraded the stock from Overweight to Equal-Weight and lo[...]
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Who Else Can Get in Apples Trillion Dollar Territory

BY Reuters  • June 12, 2024June 12, 2024
By Matteo Allievi (Reuters) -Apple has become the first brand to cross $1 trillion in brand value, a 15% jump from last year, while chipmaker Nvidia’s value has nearly tripled, a global ranking[...]
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Trump’s Economic Lead Over Biden Narrows in Latest Poll

BY Ileana Wolfort  • June 10, 2024June 10, 2024
Ahead of the 2024 presidential election, Donald Trump has seen his lead over Joe Biden on economic trust shrink, according to a recent poll. What Happened: Trump’s advantage among registered voters on[...]
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Why Are Vail Resorts Shares Down 12.2% Friday

BY Ileana Wolfort  • June 7, 2024June 7, 2024
Vail Resorts, Inc. (NYSE:MTN) shares are trading lower Friday afternoon after the company reported weaker-than-expected third-quarter financial results and revised its full-year 2024 guidance downward[...]
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What’s Going On With Reddit Stock Today?

BY Ileana Wolfort  • June 6, 2024June 6, 2024
Reddit Inc (NYSE:RDDT) announced an expanded partnership with Sprinklr Inc (NYSE:CXM) covering both Reddit’s Data API and Advertising API. What Happened: Reddit and customer experience management plat[...]
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Dollar Tree explores sale of struggling Family Dollar banner

BY Reuters  • June 5, 2024June 5, 2024
By Granth Vanaik and Ananya Mariam Rajesh (Reuters) -Dollar Tree said on Wednesday it was exploring options, including a potential sale or spinoff of its Family Dollar banner, as it looks to restructu[...]
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Fed to Cut Rates Twice this Year but Doubt Still Lingers

BY Reuters  • June 5, 2024June 5, 2024
By Indradip Ghosh BENGALURU (Reuters) – The U.S. Federal Reserve will cut its key interest rate in September and once more this year, according to a majority of forecasters in a Reuters poll tha[...]
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Wall Street ends slightly higher after soft manufacturing data, NYSE glitches

BY Reuters  • June 3, 2024June 3, 2024
By Chibuike Oguh NEW YORK (Reuters) -S&P 500 and the Nasdaq edged higher in a choppy session on Monday amid soft manufacturing sector data and as a glitch on the NYSE briefly caused trading halts[...]
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