Something unusual happened in the past few weeks. Ned Davis Research said its Daily Trading Sentiment Composite swung from extreme pessimism to extreme optimism in less than three weeks. Through Monday’s close, the indicator sits at 63.3. A reading above 60 indicates excessive optimism. This swing has also been reflected in the U.S. equity market. … Read more
Ross Stores did something unusual in 2025: it kept opening more brick-and-mortar locations as others in the industry consolidated their real estate footprint. The company opened 90 new stores between its flagship Ross Dress for less and its dd’s Discount sister chain. Meanwhile, others such as Dollar General said earlier this year they would close … Read more
Sopa Images | Lightrocket | Getty Images Kyle Dijamco is a proud member of Palantir Technologies‘ fast-growing retail investor base. The Los Angeles-based marketer has bet big on the defense tech stock, even increasing his exposure after a drawdown earlier this year. The 31-year-old’s position now stands at roughly $25,000. “It’s an exciting stock to … Read more
Here are Tuesday’s biggest calls on Wall Street: TD Cowen upgrades Ametek to buy from hold TD Cowen said the industrial company is executing well. “AME is executing well at a time when exposures broadly provide both support and optionality – markets that are doing well and should sustain (utility), ones that are strong and … Read more
Asset manager Janus Henderson has agreed to be acquired by investors Trian Fund Management and General Catalyst, CNBC first reported on Monday. Trian and General Catalyst will pay $49 per share in cash, valuing Janus at about $7.4 billion. That represents a 6.5% premium to Janus’ Friday’s close and is about 18% above the stock’s … Read more
Volatility is nothing new for crypto investors, and 2025 has been a wild ride, with bitcoin climbing above $125,000 in October before experiencing several sharp drops — peak to trough, a decline of over $40,000 from its record high. “Crypto is a volatile asset class, and in some sense, there is no avoiding that volatility,” … Read more
Stocks finished higher Friday, lifted by the volatile artificial intelligence trade, leading the market to the upside for the week. The S & P 500 eked out a 0.1% weekly gain, while the Nasdaq gained 0.5%. While logging three positive weeks in the past four, the indexes were still modestly lower for the seasonally strong … Read more
CNBC’s Jim Cramer on Friday explained how he thinks the data center sector can regain its footing on the market, saying OpenAI needs to raise cash to pay Oracle, one of its major partners. “No matter what, OpenAI needs to raise a lot of money, and it needs to raise it now,” he said. “Or … Read more
As the new year draws closer, eyes are turning to Wall Street to see whether it will pull off the coveted Santa Claus rally. The so-called rally — coined by Yale Hirsch, founder of the Stock Trader’s Almanac, in 1972 — occurs between the last five trading days of the year and the first two … Read more
On Dec. 9, JPMorgan warned it would spend more next year than it had previously forecast. Shares tanked. Within days, the bank’s stock had recovered. That trading dynamic is a rapid-fire microcosm of an approach that billionaire fund manager Ron Baron says underlies a key part of his investment philosophy: making bets on the companies … Read more