Jefferies said that while GE's long-term fundamentals remain strong, the stock provides "narrowing incremental risk/reward" as the shares have outperformed in recent times.
Unlike traditional investments like stocks or bonds, Bitcoin isn’t backed by a company or government. Instead, it runs on a decentralized network, powered by blockchain technology.
Chipmaker Nvidia Corp.'s (NASDAQ: NVDA) better-than-expected first-quarter earnings resulted in a spike in the stock, but leading analysts and fund managers believe the market's reaction didn't go far enough.
A leading Democratic lawmaker launched a probe Thursday into the private dinner held by President Donald Trump for top investors in his Official Trump (CRYPTO: TRUMP)
OpenAI is pushing to keep its countersuit against Elon Musk alive, accusing him of fraud and calling his $97.4 billion takeover bid a media stunt amid an escalating legal feud over the company's shift to a for-profit model.
The call comes as the Senate debates the House-approved bill proposing rollbacks to key Inflation Reduction Act incentives, backed by a coalition of over 1,800 clean energy companies.
On Thursday, major U.S. indexes brushed off an appeals court decision to uphold Trump tariffs temporarily and closed higher. The Dow Jones Industrial Average climbed 0.3% to 42,215.73.
Stocks finished slightly higher on the day, with the S&P 500 up about 40 basis points, nearly half of which came in the final 30 minutes of trading—there was an approximate $3 billion buy imbalance into the close.
US-China trade negotiations have stalled, awaiting leaders' involvement. Past talks led by Bessent resulted in a temporary truce, but progress has since been sluggish.
