Bank of America slipped as investors balanced concerns about the economy with signs that large banks remain profitable. With the stock lagging the broader market over the past year, investors are watching whether loan growth and interest income can help it regain momentum.
According to a report from Reuters, Commerce Assistant Secretary for Export Enforcement David Peters said at a congressional hearing on Tuesday that as per his understanding, none of the chips had gone to China.
The Conference Board’s Consumer Confidence Index surged to 91.2 today, February 24, 2026. This reading marks a significant peak in a post-inflationary recovery cycle, defying widespread concerns over a fractured trade landscape and a tightening labor market. The index's climb from 89.0 in January represents a psychological
As the summer of 2026 approaches, the three pillars of North American trade—Canada, the United States, and Mexico—are hurtling toward a high-stakes diplomatic and economic reckoning. The Canada-United States-Mexico Agreement (CUSMA), which replaced NAFTA in 2020, faces its first mandatory "joint review" on July 1, 2026. Far from
The U.S. Treasury market is witnessing a rare and paradoxical movement known as a "yield curve twist," a phenomenon where short-term interest rates surge while long-term rates simultaneously retreat. As of late February 2026, the yields on 1-month to 12-month Treasury bills have climbed toward 3.7%, anchored by
In a stunning reversal of historical correlations, the energy and materials sectors have surged more than 20% in the opening weeks of 2026, even as crude oil prices languish at multi-year lows. As of February 24, 2026, the S&P 500 Energy Index is up nearly 23% year-to-date, marking its
On January 28, 2026, the financial world witnessed a historic milestone as the S&P 500 Index (NYSEARCA: SPY) breached the 7,000-point threshold for the first time in history. Reaching an intraday high of 7,002.28, the index’s ascent from the 6,000-point mark took a mere
As the curtains rise on 2026, the live entertainment industry is witnessing a seismic shift in how the world consumes music. Live Nation Entertainment (NYSE: LYV) has entered the new year with unparalleled momentum, projecting double-digit growth in both operating income and adjusted operating income (AOI) for 2026. Following a
The global pizza industry has reached a definitive turning point in early 2026, and one player is emerging as the undisputed victor. Domino’s Pizza (NYSE: DPZ) has spent the last two years executing its aggressive "Hungry for MORE" strategy, a move that has not only fortified its balance sheet
NEW YORK — In a dramatic session that redefined the market leadership of 2026, investors witnessed a sharp and unsettling divergence in sector performance on Tuesday, February 24, 2026. The Financial Select Sector SPDR Fund (NYSE Arca: XLF) plummeted 3.3%, marking its steepest single-day decline of the year, as a
As the final week of February 2026 unfolds, a massive wave of capital is beginning to flood the U.S. economy, marking the start of what economists are calling the "Spring of Stimulus." Following the full implementation of the One Big Beautiful Bill Act (OBBBA)—officially titled the Working Families
The U.S. stock market has crossed a historic threshold as the fourth-quarter 2025 earnings season draws to a close this February 2026. Defying mid-year fears of a restrictive monetary policy "hangover" and a disruptive 43-day government shutdown, the S&P 500 has officially notched its fifth consecutive quarter of
As the global financial community turns its eyes toward Geneva, Switzerland, a palpable sense of trepidation has seized the markets. Scheduled for this Thursday, February 26, 2026, the high-stakes diplomatic talks between the United States and Iran represent a critical crossroads for Middle Eastern stability and global energy security. With
February 24, 2026 — Gold prices surged to a historic high of $5,200 per ounce today, marking a 2% daily spike that has sent shockwaves through global financial markets. This latest rally brings the precious metal’s year-to-date (YTD) gains to a staggering 18%, as investors scramble for safe-haven assets
Apple, Nvidia, and AMD CEOs were briefed by CIA in 2023 on potential China-Taiwan conflict. Market predictions show concern with 10% chance of invasion and 14% chance of military clash.
As the sun begins to set on Jerome Powell’s tenure at the helm of the world’s most powerful central bank, the financial world is bracing for a tectonic shift in economic governance. The nomination of Kevin Warsh to succeed Powell as Chairman of the Federal Reserve in May
Real estate data provider CoStar Group (NASDAQ:CSGP) reported Q4 CY2025 results beating Wall Street’s revenue expectations, with sales up 26.9% year on year to $900 million. On the other hand, next quarter’s revenue guidance of $895 million was less impressive, coming in 0.6% below analysts’ estimates. Its non-GAAP profit of $0.31 per share was 13.8% above analysts’ consensus estimates.
In a seismic shift for global trade and constitutional law, the Supreme Court of the United States ruled on February 20, 2026, that the executive branch lacks the authority to unilaterally impose broad-based tariffs under the International Emergency Economic Powers Act (IEEPA). The 6–3 decision in the consolidated cases
On the eve of what is arguably the most anticipated corporate event of the year, the global financial markets have ground to a virtual standstill. Tomorrow, February 25, 2026, NVIDIA (NASDAQ:NVDA) is set to release its fourth-quarter fiscal 2026 earnings, a report that investors are treating as a referendum
The era of the "two-speed" stock market, defined by a handful of tech titans dragging a sluggish index behind them, has officially come to a close. On January 28, 2026, the S&P 500 reached a historic milestone, breaching the 7,000-point threshold for the first time in history. While
The global media landscape reached a fever pitch on February 24, 2026, as the high-stakes battle for the soul of Hollywood entered its most volatile phase yet. Netflix (NASDAQ: NFLX), once the disruptor that refused to play by traditional studio rules, is now locked in a precarious struggle to finalize
The cybersecurity sector faced a seismic shift this week following the unveiling of “Claude Code Security,” a groundbreaking AI-powered code-scanning tool from Anthropic. The release, which promises to automate the discovery and remediation of complex software vulnerabilities through high-level reasoning, has sent shockwaves through Wall Street. Investors, fearing that the
Luxury electric car manufacturer Lucid (NASDAQ:LCID) reported Q4 CY2025 results exceeding the market’s revenue expectations, with sales up 123% year on year to $522.7 million. Its non-GAAP loss of $3.08 per share was 15.2% below analysts’ consensus estimates.
The US stock market staged a definitive recovery on Tuesday, February 24, 2026, as a duo of upbeat economic reports provided the "soft landing" narrative with much-needed oxygen. Following a bruising Monday session that saw major indices retreat on fears of trade volatility and cooling tech demand, the release of
