Wall Street's biggest financial institutions kick off fourth-quarter earnings on Wednesday, with portfolio names Wells Fargo , Goldman Sachs , and BlackRock set to report results before the opening bell. The rally in financial stocks last year, which really started in October 2023, went into high gear in the run-up...
Category: Finance
This ETF provider launches a new way to play Tesla
An exchange-traded fund provider is helping investors make more bets on Wall Street's most profitable momentum trades.GraniteShares, which debuted its first installment of single-stock ETFs in 2022, now manages 20 of them. It includes the GraniteShares YieldBoost TSLA ETF (TSYY), which launched last month. The fund gives investors exposure to...
Fed Governor Bowman says December interest rate cut should be the last
Michelle Bowman, governor of the U.S. Federal Reserve, speaks during the Exchequer Club meeting in Washington, D.C., on Feb. 21, 2024.Kent Nishimura | Bloomberg | Getty ImagesFederal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but doesn't see the need to go any further.In a...
Wall Street notches another win as Fed’s Barr clears the way for gentler banking regulator
Federal Reserve Governors Michelle Bowman and Christopher Waller pose for a photo, during a break at a conference on monetary policy at Stanford University's Hoover Institution, in Palo Alto, California, U.S. May 6, 2022. Picture taken May 6, 2022.Ann Saphir | ReutersThe early departure of the Federal Reserve's top financial...
Chinese robot vacuum cleaner company reveals model with an AI-powered arm
Beijing-based robot vacuum maker Roborock revealed a new model in January 2025 with an artificial intelligence-powered folding arm for removing obstacles.CNBC | Evelyn ChengBEIJING — Chinese robot vacuum cleaner company Roborock revealed a new model on Monday that comes with a folding arm for removing socks and other obstacles —...