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Airbnb stock has 'a lot of recovery built in' as pandemic eases, Bank of America says
Summary List Placement Airbnb shares could bulk up by another 15% as quarterly results from the vacation-rentals company indicate it is "well positioned for recovery" from the...
21 hours ago - Business Insider - 2 articles
Canada Pension Plan CEO resigns after travelling for vaccine
TORONTO - The chief executive of the fund that manages Canada Pension Plan investments has resigned after it was revealed that he had traveled to the United Arab Emirates...
1 day ago - Chron
Airline stocks are most overbought they've been in years, chart analyst says as travel plays tumble
The NYSE Arca Airline Index has reached relative strength levels not seen since 2016, which could set up for a pullback, Miller Tabak's Matt Maley warns.
1 day ago - CNBC
Should The Rally Continue In Alaska Air Group Stock?
The shares of Alaska Air Group have rallied 20% in the past month reaching the pre-Covid level as the U.S. government granted a second round of payroll support to airlines...
1 day ago - Forbes
As business travel falls, Airbnb sees opportunity in remote work travel
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1 day ago - CNBC
Travelers Stock Is Not Attractive In The Short Term
Having gained 67% since the March 23 lows of the last year, at the current price near $148 per share, we believe Travelers' stock is trading slightly above its near term...
3 days ago - Forbes
HEICO Reports Earnings of 51 Cents per Share
After the bell, HEICO reported fiscal Q1 earnings of 51 cents per share. Wall Street had been expecting 48 cents per share. For Q1 of last year, HEICO made 89 cents per...
3 days ago - Crossing Wall Street
EVs and clean tech are bubbles that will deflate as economic recovery prompts rethinking of 'aspirational' sectors, says JPMorgan
Elon Musk talks to journalists at the construction site of the Tesla Giga-Factory in Grünheide near Berlin, Germany, September 3, 2020. Patrick Pleul/picture alliance via Getty...
3 days ago - Business Insider - 2 articles
Former Treasury Secretary Steven Mnuchin is planning an investment fund backed by Persian Gulf wealth funds, report says
Summary List Placement Former Treasury Secretary Steven Mnuchin plans to launch an investment fund backed by sovereign wealth funds in the Persian Gulf, the Washington Post...
3 days ago - Business Insider - 5 articles
Former Treasury Secretary Steven Mnuchin is planning an investment fund backed by Persian Gulf wealth funds, report says
Reuters Former Treasury Secretary Steven Mnuchin plans to launch an investment fund backed by sovereign wealth funds in the Persian Gulf, the Washington Post reported. The fund...
3 days ago - Business Insider - 5 articles
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Warren Buffett warned that 'hot' stocks fade, joked about his age, and...
Summary List Placement Warren Buffett released his yearly letter to Berkshire Hathaway shareholders. The investor warned that frenzies around fad stocks eventually...
Silicon Valley VCs are as powerful as ever but they are funding more...
Summary List Placement Contrary to the talk about tech people and companies moving from San Francisco, Silicon Valley is still the global hub for venture capital, according to...
Warren Buffett admitted a 'big' mistake, touted Berkshire Hathaway's past...
Summary List Placement Warren Buffett published his annual letter to shareholders on Saturday. The Berkshire Hathaway CEO made a "big" mistake in overpaying for Precision...
3 money management CEOs overseeing more than $150 billion in assets break...
Summary List Placement Is bitcoin entering a bear market? After the digital currency slid from its record high of $58,000 last Sunday to $47,000 as of Friday afternoon, its...
A worryingly large number of US stocks are expensive, crowded, and pose a...
Summary List Placement Mega-cap growth stocks are overcrowded, expensive, and dampen the outlook for the S&P 500 in 2021, BofA said. A team of strategists said in a Friday note...
A CIO who earned up to 90% per trade during last year's crash is now warning...
Summary List Placement Yields on 10-year Treasury notes have spiked to a one-year high over the last month, rising above 1.5% as COVID-19 cases fall and vaccinations continue...
A bumpy day leaves stocks mostly lower; bond yields ease
A choppy day on Wall Street ended with stocks mostly lower Friday, helping push the S&P 500 to its second straight weekly loss.
Tech stocks rebound as bond-market turmoil and reflation trades fade
Summary List Placement US equities closed mixed on Friday as bond yields pared recent gains and tech stocks bounced back slightly. Cyclical assets' underperformance marked a...
Gold slumps to lowest in eight months as market 'finally wakes' up' to...
Summary List Placement Gold prices Friday slumped to their lowest since mid-2020, under pressure as bond yields continued to spike while investors yanked money out of gold...
US investors were paid record dividends in 2020, study finds
Summary List Placement US stock investors were paid a record amount of dividends in 2020, according to the Janus Henderson Global Dividend Index. Despite the global pandemic...