A rare ‘quadruple top breakout’ points to even more gains for this defense giant

A rare ‘quadruple top breakout’ points to even more gains for this defense giant

Aerospace and defense stocks have experienced strong gains through the course of 2025. While shares of L3Harris Technologies (LHX) have demonstrated positive momentum over the past four months, a recent breakout suggests further upside potential for this defense giant. The daily chart of LHX turned quite bullish in mid-May when the price pushed above $220. This breakout…

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Software SaaSpocalypse? HSBC’s top picks in sector after sell-off

Software SaaSpocalypse? HSBC’s top picks in sector after sell-off

“Software is already eating AI” and will continue to do so, according to HSBC, with the bank shrugging off recent market fears about the sector being displaced by artificial intelligence. Software stocks plunged earlier this month as widespread concerns that AI could make software-as-a-service, or SaaS, business models obsolete, sparked a sell-off and warnings of…

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Dems press Lutnick on conflict of interest concerns in USAR deal

Dems press Lutnick on conflict of interest concerns in USAR deal

U.S. Senator Elizabeth Warren (D-MA) speaks as U.S. Trade Representative Jamieson Greer testifies before a Senate Finance Committee hearing on U.S. President Donald Trump’s trade policy, on Capitol Hill in Washington, D.C., U.S., April 8, 2025. Kevin Mohatt | Reuters Democratic senators flagged conflict of interest concerns over the involvement of Commerce Secretary Howard Lutnick’s…

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Fed Chair nominee Warsh says monetary policy must remain independent, but Fed must ‘stay in its lane’

Fed Chair nominee Warsh says monetary policy must remain independent, but Fed must ‘stay in its lane’

Federal Reserve chair nominee Kevin Warsh said Monday the central bank must be largely independent of political influence but also should stay focused on its primary goals. In remarks to be delivered Tuesday to the Senate Banking Committee, Warsh also expressed firm commitment to fighting inflation with only one mention of the labor market. “Simply…

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