Business

Getty Images; Jenny Chang-Rodriguez/BI The two-year-old bull market in stocks could last for another year, NDR strategists said. That’s assuming three positive catalysts fall into place, they added. Median gains in the third year of a bull market are about 13%, the firm said in its analysis. The latest bull …

(Bloomberg) — Chinese tech stocks have had a tremendous rally since the nation announced its stimulus spree. And all signs point to fresh buying being the main cause. Most Read from Bloomberg Short positions on American Depositary Receipts of major companies including Alibaba Group Holding Ltd., JD.com Inc. and Baidu …

(Bloomberg) — Billions of dollars have exited China’s largest money market exchange-traded funds just as billions more flowed into ETFs tracking equities, signaling that Beijing has finally drawn skeptical investors back to the country’s struggling stock market. Most Read from Bloomberg Last week, China’s 10 largest money market ETFs saw …

Charlie Munger’s Three-Word Rule That Guided Warren Buffett Could Help You Too A podcaster recently shared his experience of meeting Charlie Munger and having dinner with the legendary investor and former vice chairman of Berkshire Hathaway (NYSE:BRK)(NYSE:BRK). Here’s the most valuable piece of advice and key takeaway from that encounter. …

Summary Based in Walnut Creek, California, Central Garden & Pet is a leading producer and marketer of pet, lawn, and garden products in the U.S. The company has two segments, Pet and Garden. The Pet segment manufactures and markets pet supplies, products for livestock, and outdoor cushions. The Garden segment …

Justin Sullivan/Getty Nvidia stock rose as much as 5% on Thursday after CEO Jensen Huang noted strong demand for its Blackwell GPU. Huang confirmed Blackwell chips are in full production despite earlier redesign delays. Nvidia aims to enhance GPU performance annually, impacting customer revenue and costs. Nvidia stock jumped as …

Michael M. Santiago/Getty Indexes edged lower Thursday as investors assessed jobless claims and geopolitical tensions. Jobless claims climbed to 225,000, surpassing forecasts of about 221,000. On Friday, investors will get a fresh labor-market update from the September nonfarm-payrolls report. US stocks inched lower on Thursday, fueled by an uptick in …

Stellantis Stock’s Selloff Deepens. Why Wall Street Is So Worried About the Jeep Maker. Source link

By Michael S. Derby NEW YORK (Reuters) – U.S. Federal Reserve losses crossed the $200 billion point this week, according to data released on Thursday by the central bank. The Fed reported that as of Wednesday, the level of its so-called earnings remittance to the Treasury Department stood at negative …

Summary Lennar Corp. based in Miami, is one of the two largest builders of homes based on 73,087 closings, across approximately 23 states, in FY23. Rival D.R. Horton actually delivered 82,917. Lennar’s $34.2 billion in revenue ranks close to Horton’s $35.5 billion helped by an average sales price that is …