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Wednesday, September 18, 2024

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Stock Market

Biden wants to eliminate origination fees for student loans and make some forgiveness tax-free

The White House is proposing tweaks to the student-loan program that could make the loans less costly for borrowers. Source link

Oracle’s stock is climbing, thanks to large new cloud deals, AI demand

Oracle Corp.’s stock initially climbed 8% in extended trading Monday after the company posted mixed results. The company’s board also declared a quarterly...

Oil prices end mixed as traders gauge demand prospects and OPEC+ commitment to output cuts

U.S. oil prices ended lower Monday, while global benchmark prices edged higher as traders weigh prospects for demand and OPEC+’s commitment to production...

Raymond James hires Citi bankers for new public-finance office in Seattle

Midsize investment bank sees opportunity in muni bonds and public-power financing Source link

Trump’s TikTok flip-flop and what it means for Chinese stocks

The former president’s rhetoric on China was tougher than his actions, experts say. Source link

Why gold may be set to outperform stocks

Gold and the S&P 500 have both rallied to record highs in March, but an analysis provided by Jefferies suggests that the precious...

AMC’s stock to remain unstable until connections re-established with institutional investors, says Benchmark

AMC shares have hit a series of record lows recently in a far cry from the heady days of the meme-stock frenzy. Source link

Treasury yields are mixed following uncertain jobs report and ahead of CPI data

Rates on U.S. government debt were little changed to slightly higher Monday morning as investors looked ahead to vital inflation data this week...

Reddit launches IPO at a valuation of up to $6.4 billion

Social-media company plans to offer 22 million shares for proceeds of up to $748 million Source link

Nvidia’s stock could hit $1,200, this bull says. Here’s the key to that rally.

Evercore ISI’s C.J. Muse sees ample upside for Nvidia shares “once investors gain conviction 2025 is not a peak year.” Source link

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