Steve Cohen’s Point72 plans to launch a separate, artificial intelligence-focused hedge fund to capitalize on the boom.
Hispanic shoppers can buoy Constellation Brands in tough consumer environment, Jefferies says
A loyalty to the beer brands can help the company amid signs of cracking for consumers, the firm said.
Meta poised for another breakout, according to the charts
Todd Gordon breaks down the technical and fundamental case on Meta.
David Zervos: The key policy differences between Trump and Biden and what they mean for markets
CNBC contributor David Zervos sees that Biden and Trump policies are not too different, except for a few key areas that will have a notable market impact.
A bearish options trade on a travel stock running up against resistance
Nishant Pant breaks down a bear put spread on Expedia.
Warren Buffett buys Occidental shares for 9 straight days, pushes his stake to nearly 29%
The Omaha, Nebraska-based conglomerate purchased Occidental shares every trading day from June 5 to Monday.
Tuesday’s analyst calls: Real estate stock to pop nearly 50%, beauty name gets a price target hike
A real estate data stock and a beauty company were among the companies being talked about by analysts on Tuesday.
Jeffrey Gundlach likes this corner of fixed income as the Fed keeps rates high. It’s yielding 8%
The CEO of DoubleLine likes bank loans, noting that they offer attractive yield as the Federal Reserve keeps rates high.
AI hype is supportive of stock valuations, but cracks are emerging elsewhere, warns Schwab’s Sonders
Sonders said market churn and under-the-surface weakness could persist for a while.
It’s the hottest stock in the S&P 500 this month. When the charts say it’s time to sell
Katie Stockton breaks down the chart in Broadcom.