The S&P 500: A Bullish Outlook for Fall
As the summer draws to a close, the S&P 500 continues to surge, even breaking records with its valuation metrics. Looking ahead, one strategist is confident that the index will…
Sleep Number Responds to Shareholder’s Call for Change
Sleep Number has issued a response to a recent shareholder letter from Stadium Capital Management, a 9% shareholder in the company. Stadium Capital called for "shareholder-driven change in the boardroom"…
Boosting Shareholder Returns for Ford and GM: A Path That Doesn’t Involve New EVs
Strikes, emerging technologies, and increased competition continuously hinder the stock performance of Ford Motor and General Motors, the last two traditional North American auto makers. However, despite these challenges, there…
Adobe Stock Surges as AI Integration Gains Traction
Adobe stock has experienced a remarkable surge this year, largely due to the company's focused efforts to incorporate generative artificial intelligence capabilities into its extensive suite of content creation and…
Surge in Semiconductor Stocks After Arm’s IPO
Semiconductor stocks are experiencing a surge in the wake of Arm's highly anticipated initial public offering (IPO). This optimism for the sector is further fueled by the excitement surrounding artificial…
The European Central Bank Raises Key Interest Rates
The European Central Bank (ECB) made a significant move on Thursday by increasing key interest rates by 25 basis points. While the ECB acknowledged a decline in inflation, it also…
Euro and German Government Bond Yields Fall as ECB Raises Interest Rates
The European Central Bank (ECB) recently raised interest rates, causing a decline in the euro and German government bond yields. However, while borrowing costs were expected to increase, the ECB's…
Bitcoin Price Faces Selling Pressure as Death Cross Forms
Bitcoin and other cryptocurrencies made gains on Thursday, but the outlook for prices turned gloomy as the largest digital asset formed a "death cross," a technical indicator that suggests potential…
Charles Schwab Provides Update on Client Assets and Net New Money
Charles Schwab (ticker: SCHW) is set to release an update on its total client assets and net new money on Friday. This announcement comes at a crucial time as investors…
Microsoft and Oracle Deepen Cloud Partnership
Tech rivals Microsoft Corp. and Oracle Corp. have announced a deepening of their cloud partnership, highlighting increased cooperation in the rapidly evolving software and AI markets. Simplifying Integration The new…
Auto Workers on Strike at Three Plants
Nearly 13,000 auto workers are currently on strike at three major car manufacturing plants operated by Ford Motor Co., General Motors Co. (GM), and Stellantis N.V. These plants primarily produce…
Understanding the Impact of IRA Contributions on Charitable Donations
Dear Pete, Let's clarify the connection between deductible contributions to your IRA and eligible charitable donations. While it is true that qualified charitable distributions (QCD) can be a fantastic way…