After losing almost 40% of its value over the past three years, it appears sentiment on Alcoa’s (AA) cyclical commodity business has improved.
Daily Markets: Bond Yields Continue Their Slide
Weighing on equity futures is the continued rollover in bond yields that is adding to questions surrounding growth prospects for GDP and earnings in the coming quarters.
Helping Advisors Grow by Focusing on Learning vs. Training
Rapid industry change and rising competitive threats are forcing advisors into new ways of thinking and operating.
You may need to work longer, ramp up investment risk to afford retirement, BlackRock CEO Fink says
„Unquestionably, as central banks keep rates low, or negative in Europe, the savers are getting slammed,“ BlackRock’s Larry Fink told CNBC.
AMC share price gets cut in half as reality sets in for meme stock investors
The movie theater chain’s stock tumbled more than 10% on Wednesday. It’s now less than half of its all-time high of $72.62 in early June.
Investment in space companies hit record $4.5 billion in the second quarter, report says
Private investment in space companies hit $4.5 billion in the second quarter, according to a report by New York-based firm Space Capital.
The junk bond market is on fire this year as yields hit a record low
Yields in the $10.6 trillion space for the lowest-grade bonds in terms of quality are at historic lows after a tumultuous year.
Watch Fed Chair Powell speak live to Senate banking panel on the economy and policy
Federal Reserve Chairman Jerome Powell appears Thursday before the Senate Banking Committee.
China’s share of global bitcoin mining plunges while Kazakhstan climbs to third place
Cambridge University research shows China accounted for less than half of the power used to mine bitcoin in April, down sharply from 75.5% in September 2019.
Stocks making the biggest moves premarket: Morgan Stanley, AIG, AMC, UnitedHealth and others
These are the stocks posting the largest moves before the bell.