JPMorgan names Doug Petno and Troy Rohrbaugh co-presidents as longtime exec Marianne Lake exits
Post Content
Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows
The personal consumption expenditures price index was expected to show a 4.1% annual increase.
Darden Restaurants earnings beat estimates but Olive Garden growth weakens
Same-store sales growth at Darden’s fine-dining restaurants and Olive Garden fell short of expectations.
GameStop’s CEO just sacrificed a $35 billion pay package. Here’s how it could impact his effort to buy eBay
Ryan Cohen has shared few details on how he’ll move forward with his $56 billion offer for eBay since the company rejected the proposal in May.
This beverage stock is likely to rise ahead of coffee business spinoff, Barclays says
The investment bank upgraded shares to overweight from equal weight.
Nasdaq futures rally as Micron surges after earnings; Wall Street awaits key inflation reading: Live updates
May’s personal consumption expenditures price index reading, the Fed’s preferred inflation gauge, comes out at 8:30 a.m. ET on Thursday.
Fundstrat’s Lee joins Wall Street bulls in calling for S&P at 8,000
Fundstrat Global Advisors’ Tom Lee has joined a growing chorus of Wall Street bulls forecasting the S&P 500 will end the year at 8,000.
Chevron CFO says gas prices will normalize after Trump presses Big Oil
Her comments come shortly after President Donald Trump ordered an investigation into Big Oil, accusing them of “gouging” consumers.
Micron stock jumps over 16% in premarket trading after blockbuster earnings
The company’s revenue more than quadrupled from $9.3 billion a year earlier to $41.46 billion, it reported on Wednesday
Trump pledges rapid U.S. response for Venezuela after historic earthquakes kill dozens
The swift U.S. offer of assistance reflects a degree of diplomatic realignment between the Trump administration and the Venezuelan interim government.