Daily Trade

Hi, MarketWatchers. Don’t miss these top stories. The next step in California’s reparations push is ‘the most thrilling’: turning proposals into reality Assemblyman Reggie Jones-Sawyer is adamant that something will come out of the reparations task force’s efforts, he said in an interview ahead of Juneteenth. Read More UPS Teamsters members vote to strike if

It’s been a roller-coaster ride for U.S. financial markets the past 15 months, after the Federal Reserve started its most aggressive monetary tightening campaign in four decades to tame inflation.  After 10 consecutive interest-rate hikes which took the benchmark fed-funds rate from near zero to a range of 5% to 5.25%, the Federal Reserve this

Intel Corp.’s shares scored their best week in 14 years Friday, after one analyst said the chip maker still has a “material AI opportunity” amid rivals Advanced Micro Devices Inc. and Nvidia Corp. On Friday, Intel INTC, +1.54% shares rose 1.5% to finish at $36.37, for a weekly gain of 16.1%, their best week since

Nvidia Corp. will be the only chip maker positioned to exceed Wall Street expectations in the near term when it comes to servicing the wildly growing artificial-intelligence market, according to one analyst. On Friday, Morgan Stanley chip analyst Joseph Moore switched his “top pick” stock to Nvidia NVDA, +0.09% from Advanced Micro Devices Inc. AMD,

News that the Beatles are using AI to include John Lennon’s voice on a new song marks the latest, and somewhat surprising, chapter, in the technology’s often controversial evolution. The prospect of the tech-fueled new release more than half a century after the Beatles split has divided fans of the iconic band, with some full

U.S. stocks ended down Friday without derailing the S&P 500 index and Nasdaq Composite from extending their long weekly win streaks. Investors cheered signs this week that the Federal Reserve’s interest rate hikes have helped to cool inflation, but have yet to drive the U.S. economy into a recession. How stock indexes traded The Dow

Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS The bulls finally control the stock market and the signs point higher Large-caps are plowing ahead and leading the way. S&P 500 chart offers little resistance until 4650.

Bank deposits fell slightly last week and lending also declined for the first time in a month, the Federal Reserve reported Friday, but there was little sign of major stress in the U.S. financial system. Total bank lending declined by $49 billion to $12.09 trillion in the seven days ending June 7, the Federal Reserve

There are a couple of ways to invest in global movie-theater chain AMC Entertainment (NYSE:AMC). You could buy AMC stock, or you could own AMC Preferred Equity Units (NYSE:APE). Either way, you’ll definitely want to consider the risks. One firm is in the process of dumping millions of shares of APE stock, and this might turn out to

Dear Quentin, My close friend of over 20 years recently lost a child under tragic circumstances, and in recent years has fallen on hard times. She announced she would be coming to visit, and since she hasn’t visited in years I was excited. My friend is 20 years older than me. She stayed a week,

Rivian (NASDAQ:RIVN), a major competitor to Tesla, has struggled to share positive updates for the past year and a half. Like many other aspiring automakers, its biggest challenge has been increasing production rates. This hurdle is crucial for transitioning from a startup to a mass car producer, and it is a crucial step for the

A private gauge of China’s factory activity bounced back to expansionary territory in May, the first improvement in the health of the manufacturing sector since February. The China Caixin manufacturing purchasing managers index rose to 50.9 in May from 49.5 in April, according to data released Thursday by Caixin Media Co. and S&P Global.

AMC Entertainment (NYSE:AMC) stock is among the meme stocks investors continue to home in on. Like many beaten-down retail names, AMC faced financial hardship due to the COVID-19 pandemic. However, it was saved from bankruptcy by individual investors who turned its shares into meme stocks. To improve its financial situation, AMC has pursued various fundraising

Citigroup Inc. announced Wednesday that it decided to pursue an initial public offering (IPO) of its “Banamex” consumer, small business and middle-market banking operations in Mexico. The banking giant said the business will keep its name Banco Nacional de México (Banamex) after the IPO, which is expected to take place in 2025. The IPO will

It’s not difficult to find worrisome news about electric vehicle (EV) manufacturer Nikola (NASDAQ:NKLA). The real challenge would be to identify reasons to buy NKLA stock. Yet, it’s actually possible to build a bull case — and if you have a strong tolerance for risk, you might even end up investing in Nikola today. Suffice

Tina Turner was a rock star — even in retirement. The music legend died this week at her home in Küsnacht, Switzerland, at age 83. Read: Tina Turner, unstoppable superstar whose hits included ‘What’s Love Got to Do With It,’ dead at 83 The former performer retired in 2009 and seemed to love life in

Even though Meta Platforms (NASDAQ:META) stock is up sharply year-to-date, investors need to be careful now. Meta Platforms’ latest layoffs could be a sign of trouble. Also, Meta Platforms will have to pay a high price for failing to abide by data-privacy rules in the United Kingdom. Meta Platforms is involved in multiple different technology fields

Got a question about the mechanics of investing, how it fits into your overall financial plan and what strategies can help you make the most out of your money? You can write to me at beth.pinsker@marketwatch.com.   Dear Fix My Portfolio,  I recently read the article you wrote about a person who had $5 million+ and

“‘If we are deprived of the Chinese market, we don’t have a contingency for that. There is no other China, there is only one China.’” — Jensen Huang, chief executive at Nvidia That’s Nvidia Chief Executive Jensen Huang, who said he sees the potential for “enormous damage” to U.S. companies if the chip war with

After six years of flying, U.S.-based flight attendant Allyah McIntyre was used to dealing with difficult passengers. During the earliest days of the coronavirus pandemic, dealing with the few passengers who chose to fly was actually a pleasant experience. But as more people began to book airline tickets again, chaos reigned, she said. “The passengers