Warner Bros. Discovery Chief Financial Officer Gunnar Wiedenfels walks to a session at the Allen & Company Sun Valley Conference on July 9, 2025 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Legacy media is in a time of tumult. And it’s bringing a new crop of decision-makers to the fore. In an industry…
Tesla (TSLA) is facing significant challenges that present a compelling bearish outlook. Despite industry-leading growth metrics, Tesla faces declining deliveries, increasing competition and significant executive turnover. With recent price action suggesting that investors are concerned, this presents an optimal opportunity to seek bearish exposure using options with limited risk heading into next week’s earnings. Trade…
It may be a strategic time to pivot away from this year’s Big Tech winners. Bob Elliott, who runs Unlimited Funds, suggests building portfolios designed to withstand a slowing economy over the next six months should be a priority. “You’re talking about positions long bonds, long gold and short the U.S. dollar,” the firm’s CEO…
Wall Street is feeling good. Perhaps, too good. Ned Davis Research noted that its daily trading sentiment composite has entered “excessive optimism” territory after hitting an all-time low in early April — when President Donald Trump unveiled steep tariffs on imported goods into the U.S. Indeed, the S & P 500 hit an intraday record…
Check out the companies making headlines in premarket trading. Bank of America — Shares popped 1.5% after the bank earned 89 cents per share for the second quarter, beating the consensus forecast of 86 cents a share from analysts polled by LSEG. But revenue came in at $26.61 billion, slightly below the $26.72 billion figure…
Victor Becerra surveys his property located next door to a recently sold property on Wapello St. in Altadena, CA on June 4, 2025. Robert Gauthier | Los Angeles Times | Getty Images Renewed concerns over tariffs and the broader economy drove Treasury yields higher last week, and mortgage rates followed. As a result, total mortgage…
People walk out of the Morgan Stanley global headquarters in Manhattan on March 20, 2025 in New York City. Spencer Platt | Getty Images Morgan Stanley on Wednesday reported second-quarter results that crushed Wall Street expectations on the back of higher trading revenues. Here’s what the bank reported for the second quarter compared with what Wall…
Nurphoto | Nurphoto | Getty Images Cryptocurrencies and several stocks tied to the ecosystem rose Wednesday as investors dismissed a snag in what was expected to be a winning week for crypto regulation. Bitcoin was last higher by 2% at $119,114.79, according to Coin Metrics, while ether rose 3% to $3,156. Shares of stablecoin…
Brian Moynihan, CEO of Bank of America, leaves the U.S. Capitol after a meeting with Republican members of the Senate Banking, Housing and Urban Affairs Committee on the issue of debanking on Thursday, February 13, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images Bank of America is scheduled to report second-quarter earnings before…
President Donald Trump’s massive tax and spending package will bring sweeping changes to federal student loans, in part by capping how much money people can borrow from the federal government to pay for college and graduate school. Among other measures, the legislation, which Trump has called the “one big, beautiful bill,” sets new limits for students and their…
