FINANCE
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Why Morgan Stanley’s wealth CIO says it’s time to take profits in small-caps and meme stocks
Michael M. Santiago/Getty Images The stock market is in a record-setting stretch over the last several months. Small-cap stocks have joined the rally, but some experts remain unconvinced that the gains will continue. Morgan Stanley’s Lisa Shalett sees an opportunity for investors to profit before the tides turn. The summer rally to all-time highs has lifted everything from mega-caps to…
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Cathie Wood buys $13.4 million of battered stocks
Cathie Wood, head of Ark Investment Management, is an active trader. She frequently buys her favorite stocks when they fall and sells them when they rise. That’s what she just did, buying into two hot stocks that have been struggling for a while. Wood’s funds have experienced a volatile ride this year, swinging from sharp losses to strong gains. In…
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US market strong, but reasons to be cautious on outlook – GlobalData
According to preliminary estimates, US Light Vehicle (LV) sales grew by 3.5% year-on-year (YoY) in August, to 1.47 million units. August 2025 had one selling day fewer than August 2024, meaning that sales were up by 7.3% YoY on a selling day-adjusted basis. The daily selling rate was measured at 54.5k units/day in August, up from 53.7k units/day in July.…
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How AI will shape 4 investment banking careers, from ECM to trading
Artificial intelligence will impact workflows in mergers, debt, equity, and trading in the next five years in specific ways, according to a new report.primeimages/Getty Images AI may be responsible for up to a third of investment banking tasks by 2030, a report found. But the impact will vary across roles, from equity capital markets to trading and M&A. Here’s how…
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Dow, S&P 500, Nasdaq slide as Nvidia leads tech losses after PCE inflation, consumer data
US stocks fell from record highs on Friday as Wall Street digested an update on consumer inflation that showed prices firming higher above the Fed’s target in July. The Dow Jones Industrial Average (^DJI) fell around 0.3%, and the S&P 500 (^GSPC) lost about 0.8%. The tech-heavy Nasdaq Composite (^IXIC) led the retreat, down over 1.2%. Big Tech slumped, with…
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Crypto, AI & Big Players to Come for Future IPOs – Schwab TV
By Karen Roman IPO Edge Editor-in-Chief John Jannarone joined Schwab Network’s Nicole Petallides to discuss Bullish (NYSE: BLSH), Figma, Inc. (NYSE: FIG), Circle Internet Group (NYSE: CRCL) and others as the biggest names that went public in 2025. Mr. Jannarone mentioned this year’s busy summer has seen crypto IPOs surging as federal regulation favors the industry and investors expect one to two…
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A baby boomer who retired early turned to trading meme stocks to fight the boredom. Here’s how he’s successfully navigated the market.
Tom Rairdon, 75, began trading meme stocks after he retired early.Courtesy of Tom Rairdon Tom Rairdon, 75, began trading meme stocks to combat boredom in retirement. He ended up nearly doubling his portfolio in three years by trading high-volatility stocks. He told Business Insider his strategy for passing the time while earning “Vegas money” on the side. Nobody told Tom…
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Jim Cramer Wonders Whether NIKE, Inc. (NKE) “Isn’t Really Back”
We recently published 11 Latest AI & Other Stocks On Jim Cramer’s Radar. NIKE, Inc. (NYSE:NKE) is one of the stocks Jim Cramer recently discussed. Popular athletic apparel provider NIKE, Inc. (NYSE:NKE)’s shares have gained 27.3% since late June. The shares rose after the firm reported its fiscal fourth quarter earnings, which beat analyst revenue and earnings estimates. The beat…
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I’m a psychologist who coaches day traders. Here’s why many fail and what I tell them to do instead
Michael M. Santiago/Getty Images Andrew Menaker is a psychologist who now coaches day traders on and off Wall Street. Menaker thinks many traders struggle for a common set of reasons, like having too big an ego. A day trader himself, he has a few tips for people — literally — trying to get in on the trade. This as-told-to essay…
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Dow, S&P 500, Nasdaq wobble after PPI inflation comes in much hotter than expected
Cisco (CSCO) is always a tricky play around its earnings report. The company isn’t a fast grower, and what the Street focuses on tends to shift from quarter to quarter. Sometimes it’s profit margins, sometimes it’s product orders, sometimes it’s the outlook. Going through the latest, I don’t hate the quarter and outlook. Gross margins were up across the board,…
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