Rivian’s stock jumped Monday, after the electric vehicle maker said second-quarter production was more than triple that of a year ago.
Deep Dive: Amazon is the cheapest of the Magnificent Seven stocks by this important measure
A comparison of valuation ratios and expected growth through 2025 highlight Amazon as a “happy medium” among the biggest tech companies.
Market Extra: Japanese stocks see best first-half in a decade. Here’s what it will take for the rally to continue.
Japanese stocks just clinched their best first-half performance since the dawn of “Abenomics” in 2012, but some doubt whether Japanese stocks can continue to outperform U.S. and European stocks during the second half of this year.
: What not to buy on Amazon Prime Day — but discounts may be even bigger this year
Amazon Prime Day runs July 11-12 in more than 20 countries.
Encore: 401(k) participants hit hard by weak 2022 stock market
Vanguard reports a substantial decline between 2021 and 2022 in both median and mean 401(k) balances.
: AstraZeneca shares slump after Phase 3 lung cancer drug study
AstraZeneca shares fell Monday after a late-stage study on a lung cancer drug disappointed investors.
: AMC shares fall after Citigroup opens downside 30-day catalyst watch for stock, sees downside pressure in coming days
Investors are awaiting a Chancery Court decision that’s expected to clear the way for AMC to convert its AMC Preferred Equity units into common stock.
Metals Stocks: Gold prices rebound as U.S. manufacturing survey shows activity dipped to lowest since May 2020
Gold prices eked out a marginal gain on Monday after prices pared earlier declines following the release of a closely watched gauge of manufacturing activity, which had slid to its lowest level since the onset of the COVID-19 pandemic.
Market Extra: ‘Rolling recession’ turns to ‘rolling expansion,’ says top Wall Street economist
A ‘rolling recession’ is morphing into a ‘rolling expansion’ that points to a broader stock-market rally in the second half, says economist Ed Yardeni.
Need to Know: These stocks could be the next Magnificent Seven market leaders, says Goldman Sachs
Our call of the day, from a team at Goldman Sachs led by chief U.S. equity strategist David Kostin has some fresh ideas on how to find big market outperformers.
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