Several headwinds that pummeled the stock market in 2022 have turned into tailwinds, setting the stage for a rally in U.S. equities heading into year-end, according to Tom Lee of Fundstrat Global Advisors.
More Stories
AMD’s AI event lacked a wow factor, but here’s one reason investors should be excited
Advanced Micro Devices Inc.’s AI event Thursday lacked a major wow factor, as hopes for more new-customer news did not...
Here’s how bond ETFs fared as investors parsed new inflation, jobless-claims data
This week’s ETF Wrap shines the light on bond-fund performance as investors on Thursday weighed fresh inflation and jobless-claims data.
Beleaguered Stellantis ousts CFO, other top execs in bid to ‘redouble’ its focus
Troubled automaker Stellantis shook up its executive ranks Thursday in an effort to turn around its business, a week after...
Nike elevates another company veteran, as new CEO prepares to take reins
Nike Inc. on Thursday said it would bring in another three-decade company veteran to lead its business in North America,...
PepsiCo probably raised its prices too much, and now it’ll have to pay, analyst says
PepsiCo Inc. hiked its prices through the pandemic and the supply disruptions that followed, and now the beverage and snacks...
Retirees are embracing technology — how to find the best tools for finance, estate planning and more
There are many fintech tools available. How to proceed with care.