Robinhood users buy and own businesses “they know, understand and believe in for the long haul”. Here are their favorite stocks.

According to a new index in the brokerage app aimed at new investors, tech companies, electric vehicle makers and some meme stocks are among the overall mix of stocks in Robinhood users’ portfolios. These are stocks like Amazon AMZN, +2.66%, Microsoft MSFT, +2.30%, You’re here TSLA, +3.60%, Apple AAPL, +1.88%, Ford Motor Company F, -0.32% … Read more

Robinhood users buy and own businesses “they know, understand and believe in for the long haul”. Here are their favorite stocks.

According to a new index in the brokerage app aimed at new investors, tech companies, electric vehicle makers and some meme stocks are among the overall mix of stocks in Robinhood users’ portfolios. These are stocks like Amazon AMZN, +2.66%, Microsoft MSFT, +2.30%, You’re here TSLA, +3.60%, Apple AAPL, +1.88%, Ford Motor Company F, -0.32% … Read more

Bullish Traders May Like This Remarkable Contrarian Signal

Sophisticated investors will be wary, however. It hasn’t benefited either bulls or bears lately to assume that a march in either direction can be sustained for long without containing sharp reversals. For example, over the past six months, the S&P 500 SPX, +0.66% had a 16% decline, then a 7% recovery, followed by a 12% … Read more

Cruise recalls his robotaxis after a passenger is injured in an accident

washington d.c. CNN Business — This week Cruise, which counts General Motors as its largest shareholder, became the first robotaxi operator to recall its vehicles, following an accident in June involving “Major” minor damage and injury to passengers. The accident happened after the robotaxi Cruise making a left turn stopped at the intersection, thinking an … Read more

Heroism fueled or not, the S&P 500 level is destined for another test of lows. These are the levels to watch, says this strategist

In the words of the great Bonnie Tyler: “It has to be safe, and it has to be soon, and it has to be larger than life.” The hero this market is waiting for is Fed Chairman Jerome Powell and he speaks on Friday, so it’s soon. Whether he is sure remains the question. “The … Read more

A new supercycle is emerging for the economy, and stocks will benefit, strategist says

It’s been an interesting summer for financial markets – more or less a series of mostly pessimistic economic data has traders thinking the Fed will ease the pedal, although over the past week they’ve been less and less convinced of this point of view. Taking a longer lens, Dario Perkins, managing director of global macroeconomics … Read more

Bill Ackman says fast food chains are an inflationary shield. Here are two he likes, and one he just sold.

A cautious session is expected for Tuesday, after the worst slump since June for the major indices. That’s when a growing number of investors see the Fed moving from rate hikes to a daunting challenge in the face of stubbornly high inflation and a global growth mess. We’ll find out on Friday when Fed Chairman … Read more

Bill Ackman says fast food chains are an inflationary shield. Here are two he likes, and one he just sold.

A cautious session is expected for Tuesday, after the worst slump since June for the major indices. That’s when a growing number of investors see the Fed moving from rate hikes to a daunting challenge in the face of stubbornly high inflation and a global growth mess. We’ll find out on Friday when Fed Chairman … Read more

The Dow plunges 400 points, the S&P 500 loses 1.6%, as investors question the Fed’s pivot thesis

US stocks slid on Monday on fears that the recent rally was based on an overly optimistic view about the Federal Reserve’s potential to back away from using sharply higher interest rates to fight inflation. How are stocks traded? The S&P 500 SPX, -1.69% fell 67 points, or 1.6%, to 4,161 The Dow Jones Industrial … Read more

Once the Worst Yield on Wall Street, Cash Now Seems to Be the Best Asset to Own, According to Morgan Stanley

Equity sellers are poised to pick up where they left off on Friday as the market appears to wake up from its August slumber with a vengeance. As Goldman Sach’s Chief U.S. Equity Strategist David Kostin told his clients after the S&P 500 SPX took just 17 weeks to hit its year-end target of 4,300, … Read more