Investor sentiment shifts towards risk-on assets, as growth-oriented ETFs hit fresh highs. ARK Invest's funds lead the rally, benefiting from optimism around disruptive tech and easing headwinds. Other thematic ETFs, like ALAI and BETZ, also reach new milestones. Analysts attribute this to a soft landing for the economy and confidence in equity markets. However, valuation risks are still present.
(BPT) - Heating and cooling systems account for around 55% of the average home's energy use, according to the U.S. Department of Energy (DOE). And during the warmer summer months, HVAC systems are working at their hardest to keep homes cool - which means that as temperatures rise, energy bills often do, too.
(BPT) - Macaroni and cheese is a quintessential comfort food everyone loves. It's homey, cheesy and tasty, evoking comfort like no other dish. National Mac and Cheese Day is the perfect excuse to indulge in this beloved comfort food, experiment with fun twists or simply enjoy it just the way you like it. From customizable toppings to easy recipes, there are plenty of ways to make this cheesy favorite the star of your day.
According to a Bloomberg report, Musk’s xAI only has $4 billion left on its balance sheet out of the $14 billion it has raised since its founding in 2023.
Nominally retail sales declined -0.9% in May, and were up 3.3% YoY. But because consumer prices rose 0.1%, real retail sales declined -1.0% for the month.
Chairman of the Independent Committee, Brent Turner, said the best path forward for Surgery Partners is to continue operating as an independent publicly traded company.
Processa Pharmaceuticals' stock is surging after licensing a gastroparesis drug to Intact Therapeutics. The deal promises milestone payments and royalties for Processa.
Roku and Amazon have formed a strategic partnership, increasing the likelihood of Amazon acquiring Roku. Analyst maintains Buy rating and $88.50 price target.
Oklo Inc (NYSE:OKLO) shares are trading higher Tuesday after the company announced subsidiary Atomic Alchemy commenced site characterization work at a potential location for a commercial radioisotope production facility.
JPMorgan is introducing a $795 Sapphire Reserve business card with added business-focused perks, positioning it directly against American Express’ Platinum business cards.
Bitcoin surges to $108K as global tension eases and demand from ETFs and institutional buyers rises. The cup-and-handle pattern suggests a breakout to $111K is next.
In a note to employees dated Monday, Joanna Geraghty said the company is still relying on borrowed cash for its operations and also noted that it will pause retrofitting and park some of its Airbus jets in the fleet to trim operational costs.
CERo Therapeutics Holdings Inc (NASDAQ:CERO) shares are trading higher Tuesday after the company received U.S. Food and Drug Administration (FDA) Orphan Drug Designation for CER-1236.
