Ferrari CEO Benedetto Vigna: All-electric model preserves ’emotion’
Ferrari’s all-electric model won’t be launched for over a year, but early tests indicate it has all the driving traits and emotion of a true Ferrari, according to Ferrari CEO Benedetto Vigna. “The final judge will be the client,” Vigna told CNBC during the opening of the company’s new E-Building in Maranello, Italy. “More people […]
Expect the stock market’s winners to keep on winning — until this happens, Morgan Stanley’s top strategist says
There has been a stark divide in the U.S. stock market recently between winners and losers. Morgan Stanley’s top equity strategist, Michael Wilson, expects the winners to keep on winning — and he is recommending that clients keep their portfolios positioned accordingly.
Shein confidentially files for London IPO
Shein sign during its opening, at ABC Serrano, on 26 April, 2024 in Madrid, Spain. Alejandro Martinez Velez | Europa Press | Getty Images Shein, the fast fashion giant with links to China, has confidentially filed for a public listing in London as it faces backlash in the U.S., a person familiar with the matter […]
An overbought market is a worry for traders but great for investors, according to Jefferies
Critical information for the U.S. trading day
BOJ discussed possibility of further rate hikes at June meeting
The Bank of Japan’s policy board discussed the possibility of raising interest rates further amid concerns over lingering inflationary pressure, according to a summary of opinions from its latest meeting released Monday.
Multinational insurer Prudential PLC announces $2 billion stock buyback
Prudential PLC announced a $2 billion share-repurchase program Sunday, starting with a $700 million tranche.
Stocks are having their best election year since 1976. What the rally needs to continue.
U.S. stocks have posted an impressive election-year rally so far in 2024. But as investors question whether that rally will continue, they’re watching inflation and economic-growth data to gauge the Federal Reserve’s potential interest-rate path, as well as corporate earnings in the second half of this year.
‘It’s pure greed’: Parking prices for concerts now often top $50 — and can eclipse $1,000
The most expensive city for concert parking, according to a new survey? San Francisco.
8 stocks other than Microsoft, Apple and Nvidia that could be worth $4 trillion in three years
Stocks reaching the top of the market-cap rankings will often follow with below-average growth.
5 ways a financial adviser can keep estate-planning fights from splitting your family
Experts who understand wills and trusts use these resources to guide you.
