Palo Alto Networks, Salesforce shares see big boosts as Nvidia stock rally cools

by OverviewFX | Jun 27, 2024 | Stocks

A Mizuho analyst is intrigued by what he views to be a rotation into the software sector as the chip trade fades.

Analysts praise banks and puzzle over Fed after stress tests

by OverviewFX | Jun 27, 2024 | Stocks

Oppenheimer warns investors to “try not to burn too many brain cells on deciphering the Fed’s logic.”

First-quarter GDP grew a soft 1.4%, but the U.S. economy might have more ‘spring’ in its step

by OverviewFX | Jun 27, 2024 | Stocks

The U.S. economy’s performance in the first three months of the year didn’t look much better the third time around: The government’s latest estimate of first-quarter annual growth was lifted slightly to a lackluster 1.4%.

Rivian’s stock pulls back as company keeps yearly production target steady

by OverviewFX | Jun 27, 2024 | Stocks

Rivian kept its production outlook for the year intact, even as the company signaled upbeat delivery numbers for its ongoing quarter.

Billionaire Ken Griffin got an apology from the IRS, while everyday taxpayers struggle with this ‘unconscionable’ problem

by OverviewFX | Jun 27, 2024 | Stocks

Taxpayers are facing longer wait times for the IRS to resolve identity theft cases, a new report from the National Taxpayer Advocate finds

Four-week average of U.S. jobless claims hits highest level since September

by OverviewFX | Jun 27, 2024 | Stocks

Claims in latest week fall to 233,000 versus 235,000 expected