ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyChris Harvey, Wells Fargo Securities head of equity strategy and managing director, joins ‘Fast Money’ to talk his bull case for the S&P 500.05:133 hours ago Source link
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Hong Kong. Kowloon. Busy street in Mong Kok District.Acavalli | E+ | Getty ImagesAsia-Pacific markets were set to open mixed as traders assessed U.S. President Donald Trump’s declaration that a trade deal with China was “done.”Chinese imports would invite 55% tariffs, Trump suggested. Commerce Secretary Howard Lutnick confirmed that tariffs on China will stay at that level. Japan’s benchmark Nikkei 225 was set to open lower, with the futures contract in Chicago at 38,330 while its counterpart in Osaka last traded at 38,400 compared with the index’s last close of 38,421.19.Futures for Hong Kong’s Hang Seng index last traded at…
An estimated $1.4 trillion is paid to landlords of residential properties every year in America, but only 20% of those landlords choose to report the rent paid. That has big implications for the credit scores and credit histories of millions of Americans.Reporting rent paid on time to credit bureaus can significantly boost credit scores, but since it has not traditionally been a common practice, some renters end up having no credit history at all, making them “credit invisible,” limiting their ability to get a loan, a car, a house and a lot more. Over 50 million Americans lack a credit history…
European defense companies have seen a monumental rise in value this year, as a regional push to ramp up military spending sparks a bull run on the sector. Strategists, analysts and industry leaders spoke to CNBC about the outlook for the industry, which has The industry has seen several stocks more than double in value in just six months but it now faces a shortage of rare earth minerals. Experts were divided on whether the sector has reached its peak as some analysts told CNBC they see more upside ahead, while others said the supply bottleneck could frustrate the sector’s…
The final trades of the day with the Fast Money traders. Source link
Chime Visa Credit CardSource: ChimeChime priced its IPO at $27 per share on Wednesday, above the expected range, in an offering that values the provider of online banking services at $11.6 billionThe company raised roughly $700 million in the IPO, with another $165 million worth of shares being sold by existing investors. The stock is expected to begin trading Thursday under ticker symbol CHYM.The offering comes after a years-long freeze in the fintech IPO pipeline, as rising interest rates and valuation resets kept many late-stage companies on the sidelines. The market has started to loosen. Trading platform eToro jumped 29%…
Shaquille O’Neal sits on the bench before the game between the Indiana Pacers and the New York Knicks during Game 2 of the 2025 Eastern Conference Finals at Madison Square Garden in New York City, New York, on May 23, 2025.Jesse D. Garrabrant | National Basketball Association | Getty ImagesShaquille O’Neal has agreed to pay $1.8 million to settle claims that he misled investors by promoting the now-bankrupt crypto exchange FTX.The retired NBA superstar, who once urged fans to trust the platform, will resolve the allegations without admitting wrongdoing. But the deal marks one of the first high-profile settlements in…
Pavlo Gonchar | Sopa Images | Lightrocket | Getty ImagesThere’s a mini-boom happening in fintech.After a multi-year IPO slowdown triggered by rising rates and valuation resets, some of the emerging players in online stock trading, banking, lending and crypto-related services are hitting the public market, or at least preparing for a debut.The next test of Wall Street’s enthusiasm is expected to come on Thursday, when Chime is slated to start trading on the Nasdaq. The provider of online banking services offered a price range of $24 to $26 a share, which would equate to a market cap of about $9.1…
Eric Glyman, Ramp CEO, joins ‘Fast Money’ to talk the future of finance and AI, growth prospects, and more. Source link
The S & P 500 may be close to a new record high, but small-cap stocks might prove the star of the week. The Russell 2000 is up 0.8% week to date, outpacing the S & P 500 , Nasdaq and Dow . This puts the long-suffering small-cap index on track for its ninth winning week in 10, whittling down its 2025 losses to less than 4%. .RUT YTD mountain Small cap stocks are trending higher, but are still lower for the year thus far. The uptrend led BTIG chief market technician Jonathan Krinsky to float the idea of a…
