Text size Lael Brainard is leaving the Fed to head the White House’s National Economic Council. Jim Vondruska/Bloomberg The dash for trash has hit a speed bump. Stocks faltered again this past week as the early-year rally, led by rebounds in 2022’s speculative-grade losers, ran into resistance from higher expected …
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Text size Albemarle and Livent reported solid earnings this past week, sending shares higher. Above, a scientist works on lithium battery research at an Albemarle facility in North Carolina. Logan Cyrus/Bloomberg Lithium is the metal at the center of the electric vehicle revolution and shares of lithium producers have beaten …
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Text size Cathie Wood focuses on high-growth stocks. Lauren Justice/Bloomberg High-profile fund manager Cathie Wood’s ARK Investment Management has increased holdings of e-commerce company Shopify and shed chip maker Nvidia , the group said in a statement. ARK snapped up about $35 million worth of Shopify shares. The stock has …
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Text size The New York Stock Exchange. Spencer Platt/Getty Images Investors just don’t feel confident about stocks’ rally over the past few months, but the market could still hold up well this spring. The S&P 500 has risen about 15% since early October, when it hit its low point in …
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Text size Oppenheimer expects Nvidia to forecast 9% growth in data-center revenue for its first fiscal quarter from the prior year. Courtesy of NVIDIA Nvidia should be insulated from any slowdown in the broader economy by increased spending on artificial intelligence, said analysts at Oppenheimer and KeyBanc, who lifted their …
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