A key rotation away from artificial intelligence stocks may be underway in the market. According to Astoria Portfolio Advisors’ John Davi, a broader range of stocks are getting a “green light” because liquidity is returning to the system. “The Fed cut rates four times last year. They cut rates twice already. They’re going to go again…
The Jefferies Financial Group Inc. headquarters in New York, US, on Monday, Oct. 20, 2025. Michael Nagle | Bloomberg | Getty Images The U.S. Securities and Exchange Commission is investigating Jefferies’ relationship into bankrupt auto parts maker First Brands Group, The Financial Times reported Thursday. The newspaper, citing people with knowledge of the matter, said…
Check out the companies making the biggest moves midday: Arrowhead Pharmaceuticals — The stock popped 19% after the biopharmaceutical company reported fiscal year revenue that beat analyst expectations. Arrowhead’s top line for the period totaled $829.4 million, beating a FactSet consensus of $861.2 million. Last week, the company announced it created the first and only…
Check out the companies making headlines before the bell: Deere — The seller of farm equipment dropped 4.5% even posting fiscal fourth quarter results that exceeded estimates. Deere reported earnings of $3.93 per share on revenues of $10.58 billion. Analysts polled by LSEG had anticipated per-share earnings of $3.85 on revenues of $9.85 billion. Dell…
Check out the companies making headlines in after-hours trading. HP Inc. — Shares of the computer and printer manufacturer fell more than 5% after issuing disappointing guidance and saying it would cut 10% of its workforce . Fiscal fourth-quarter results beat on the top and bottom line, but the company warned it will need to…
Check out the companies making headlines midday. Abercrombie & Fitch — The apparel retailer jumped 33% after posting better-than-expected fiscal third-quarter results, driven by strength at its Hollister brand. Hollister’s sales grew 16%, offsetting a 2% drop at its namesake Abercrombie & Fitch label. For the holiday quarter, the company expects Hollister to continue to…
The fight between Nvidia and one of its loudest naysayers, investor Michael Burry, is escalating. Following the “Big Short” investor’s series of social media posts arguing that the artificial intelligence investment boom is replaying the dotcom bubble from the 1990s, with Nvidia at the center of it, the chipmaker quietly circulated a private memo to…
Check out the companies making headlines before the bell. Nvidia , Alphabet , Broadcom — Nvidia shares were down 3% after The Information reported, citing sources, that Meta Platforms was considering spending billions of dollars on Alphabet’s AI chips. Alphabet shares were up 4% on the back of the report along with Broadcom. Kohl’s — The…
Michael Burry — the investor known for predicting the housing meltdown ahead of 2008 — has turned his attention to one of the market’s most beloved themes: artificial intelligence. Burry recently deregistered his hedge-fund firm, Scion Asset Management, removing it from routine regulatory disclosures. But he remains actively investing, and he is doubling down on…
Check out the companies making headlines in after-hours trading. Zoom Communications — The work services stock jumped almost 4% after posting stronger-than-expected third-quarter earnings and upbeat full-year guidance. Zoom earned $1.52 per share excluding items on $1.23 billion in revenue, while analysts polled by LSEG penciled in $1.44 a share and $1.21 billion, respectively. The…