It’s not quite code-blooded murder, but shares of software companies like Adobe and Workday have been beaten to a bloody pulp.
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Berkshire’s stock has slipped more than 13% since Buffett announced in May that he would step down at the end of the year.
The economy added just 73,000 jobs in July, according to the Labor Department, well below the expectations of economists surveyed.
Defined-outcome funds took in more than $8 billion during the first half of 2025.
Economists anticipated a 2.5% rate, so the better-than-expected top line figure was obviously cause for celebration, right?
On Tuesday, the S&P 500 closed down 0.3%, snapping a remarkable streak of six straight closing highs through Monday.
The deal sets 15% baseline tariffs on EU goods and commits the bloc to buy billions of dollars worth of US energy and defense products.
While 15% tariffs would be nothing to toast in normal times, it seems pretty good after Trump first threatened Japan with a 24% tariff rate.
Block’s membership in the index comes as it transitions into an all-in-one finance platform that offers debit cards and loans to clients.
The timing of Strategy’s latest Bitcoin gains was hardly a surprise: last week also marked “Crypto Week” on Capitol Hill.
Goldman’s top line metrics — profit up 22% to $3.7 billion and total revenues up 15% to $14.6 billion — also bested analysts’ expectations.
The bank downgraded JPMorgan, Goldman Sachs, and Bank of America, citing a classic case of macroeconomic uncertainty.
The TINA trade has hit some snags in recent years, with bonds looking like a pretty swell alternative in an era of high interest rates.
The S&P 500’s recent record high marked an encouraging sign that markets are no longer all that concerned with worst-case trade war scenarios.
New data compiled by Bloomberg found that shares in companies to debut on US exchanges this year have climbed by a weighted average of 53%.
According to SPACInsider data, there have been 58 SPAC offerings so far this year, one more than the total in all of 2024.