Some investors in OpenAI, makers of ChatGPT, are exploring legal recourse against the company's board, sources familiar with the matter told Reuters on Monday, after the directors ousted CEO Sam Altman and sparked a potential mass exodus of employees.
It has been a difficult few years for Boeing (NYSE: BA), but one Wall Street analyst is out with a prediction that better times are at hand. Investors are taking note, sending shares of Boeing up 4.5% as of 2 p.m. ET Monday.
Sticking to a budget is not the funnest activity, especially when you're not exactly a millionaire. That said, there are many ways to go about it even when you're making an average salary -- without...
American retirees tend to flock to states like Arizona for a number of reasons, the warm climate being one of the most important. Many Arizona cities also cater to the retirement lifestyle, with...
Wall Street's three major U.S. stock averages advanced on Monday with Nasdaq leading gains as heavyweight Microsoft rallied after it hired prominent artificial intelligence executives, and lower Treasury yields also provided some support.
Treasury yields headed lower after solid bidding in the $16-billion sale of 20-year Treasury bonds on Monday suggested the market still anticipates inflation will decelerate and that the Federal Reserve will cut interest rates around June next year.
Dec arabica coffee (KCZ23 ) on Monday closed up +6.95 (+4.07%), and Jan ICE robusta coffee (RMF24 ) closed down -16 (-0.63%). Coffee prices on Monday settled mixed. Arabica coffee on Monday rallied sharply after the weekend rain forecast for Brazil failed to materialize. Below-normal rain in Brazil could curb...
March NY world sugar #11 (SBH24 ) on Monday closed +0.38 (+1.40%), and March London ICE white sugar #5 (SWH24 ) closed +9.80 (+1.33%). Sugar prices on Monday settled moderately higher, with London sugar posting a 1-week high. Heavy rain in Europe has flooded fields and has delayed sugar beet...
In trading on Monday, packaging & containers shares were relative laggards, down on the day by about 1.2%. Helping drag down the group were shares of International Paper, down about 3.6% and shares of Packaging Corporation of America down about 2.7% on the day.
Also laggin
Cincinnati Financial announced that at today's regular meeting, the board of directors declared a 75-cents-per-share regular quarterly cash dividend. The dividend is payable January 16, 2024, to shareholders of record as of December 19, 2023.
Halliburton announced today that it
In trading on Monday, the ARK Genomic Revolution ETF is outperforming other ETFs, up about 3.3% on the day. Components of that ETF showing particular strength include shares of Personalis, up about 19.6% and shares of Intellia Therapeutics, up about 9.9% on the day.
In trading on Monday, agriculture & farm products shares were relative leaders, up on the day by about 6.3%. Leading the group were shares of Cresud, up about 18.1% and shares of Adecoagro up about 8.7% on the day.
Dec ICE NY cocoa (CCZ23 ) on Monday closed -49 (-1.20%), and Dec ICE London cocoa #7 (CAZ23 ) closed -97 (-2.71%). Cocoa prices on Monday posted moderate losses. Weakness in cocoa butter prices prompted long liquidation in cocoa futures after cocoa butter prices fell to a 1-week low Monday....
Bank of England Governor Andrew Bailey said on Monday that it was "far too early to be thinking about rate cuts" and borrowing costs might have to go up again if there were signs that inflation was proving more persistent than expected.
Looking at the sectors faring worst as of midday Monday, shares of Utilities companies are underperforming other sectors, showing a 0.4% loss. Within that group, NRG Energy Inc (Symbol: NRG) and Atmos Energy Corp. (Symbol: ATO) are two large stocks that are lagging, showing a
The First Trust Nasdaq Bank ETF is seeing unusually high volume in afternoon trading Monday, with over 106,000 shares traded versus three month average volume of about 28,000. Shares of FTXO were trading flat on the day.
While mortgage rates have started to slightly come down, they are still at record highs, and it's difficult for homebuyers and homeowners to think about anything positive associated with them lately....
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys.
Investors eyeing a purchase of Walker & Dunlop Inc (Symbol: WD) shares, but tentative about paying the going market price of $83.44/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in partic
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