Nvidia’s market cap gain is bigger than all of Disney, Netflix, Boeing or Nike

Nvidia’s market cap gain is bigger than all of Disney, Netflix, Boeing or Nike

On Thursday, Nvidia’s stock took an epic jump among the nation’s corporate giants. In one day, the graphics-chip maker total market capitalization added nearly $184 billion – that’s billion with a b. It is one of the biggest one-day market capitalization gains in American corporate history.  Nvidia’s market capitalization was $754.3 billion at the stock…

BlackRock’s Rick Rieder sees ‘epic’ cash on sidelines as he takes lead role on new ETF

BlackRock’s Rick Rieder sees ‘epic’ cash on sidelines as he takes lead role on new ETF

There’s an “epic” amount of cash on the sidelines as investors assess a slowing U.S. economy and the debt-ceiling debate in Washington, according to Rick Rieder, chief investment officer of global fixed income at BlackRock. “I’ve never seen so much money sitting in cash,” Rieder said Tuesday during a BlackRock media briefing at its New…

LeBron James vs. Michael Jordan: who is the GOAT when it comes to net worth?

LeBron James vs. Michael Jordan: who is the GOAT when it comes to net worth?

LeBron James became the NBA’s all-time scoring leader this year, passing Kareem Abdul-Jabbar’s hallowed record that many thought would never be broken, and now says he is considering retiring from basketball. The potential end to James’s career has rekindled discussions over who is the best basketball player of all time. Is 38-year-old James the GOAT…

These money and investing tips can put a floor under the debt-ceiling crisis

These money and investing tips can put a floor under the debt-ceiling crisis

Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS How we know that economic risk is high right now Introducing an objective way of measuring economic uncertainty and risk. Read More ‘Putting the Treasury on the brink…

American, JetBlue alliance in northeastern U.S. blocked by judge

American, JetBlue alliance in northeastern U.S. blocked by judge

Shares of American Airlines Group Inc. and JetBlue Airways Corp. dropped late Friday after a U.S. judge sided with the Justice Department in a lawsuit aimed at undoing the airlines’ joint venture in airports in the Boston and the New York City areas. In separate statements, both JetBlue JBLU, -1.80% and American Airlines AAL, -1.53%…

Debt on trophy office buildings is starting to buckle as loans come due

Debt on trophy office buildings is starting to buckle as loans come due

The financial fallout from half-empty U.S. office buildings has begun to be reflected in prices for bonds backed by luxury office buildings. From New York City’s famed Park Avenue to San Francisco’s California Street, properties long considered fortress investments are reeling as efforts to return more staff to office buildings in big cities stall. Recent…

A rising dollar may start weighing on stocks by early June, one analyst says

A rising dollar may start weighing on stocks by early June, one analyst says

The U.S. dollar, which rallied to a two-month high on Thursday, is demonstrating a bullish signal from a technical perspective and has the potential to trend up in the coming months, according to Sevens Report Research.  The greenback’s strength will weigh on equities, starting by the beginning of June, noted Tom Essaye, founder of Sevens. …

German stocks near fresh record on growth and energy cost optimism

German stocks near fresh record on growth and energy cost optimism

Germany’s blue-chip index is a eyeing a fresh record as investors warm to its tech-lite mix of relatively lowly-valued but high quality industrials, carmakers, insurance and healthcare companies. The DAX DAX, +1.33%, which was the DAX 30 until 10 more companies were added in September 2021, at one point on Thursday was up more than…

FTX sues Sam Bankman-Fried, seeking to claw back $240 million from Embed deal

FTX sues Sam Bankman-Fried, seeking to claw back $240 million from Embed deal

Failed crypto exchange FTX is suing co-founder and former Chief Executive Sam Bankman-Fried and others, seeking to claw back about $240 million related to the company’s acquisition of stock-trading platform Embed. In a filing Wednesday in U.S. Bankruptcy Court in Delaware, FTX claimed Bankman-Fried and others — including FTX co-founders Zixiao Wang and Nishad Singh…

Opinion: The stock market is sending so many mixed signals, it’s easy to be confused

Opinion: The stock market is sending so many mixed signals, it’s easy to be confused

The stock market, as measured by the S&P 500 Index SPX, +0.94%, has continued to remain in a narrow range since early April. That trading range is bounded by 4050 on the downside and 4200 on the upside. In the past two weeks, SPX has traded in an even tighter range, hovering almost exactly at…

JPMorgan investor day should ‘reinforce the resiliency’ of the megabank: analyst

JPMorgan investor day should ‘reinforce the resiliency’ of the megabank: analyst

BofA Securities reiterated its buy rating on JPMorgan Chase & Co. ahead of the megabank’s investor day on Monday, calling the bank an outperformer in a tough year for the sector. “We expect Monday’s investor day to reinforce the resiliency of the business model while showcasing franchise investments that should position the bank to remain a…

Michael Burry doubled down on China bets. Here’s what other investors are saying

Michael Burry doubled down on China bets. Here’s what other investors are saying

Corrects value in paragraph 12 to “a couple of hundred billion dollars”. Quarterly U.S. regulatory filings this week revealed that Scion Asset Management, the hedge fund founded by Michael Burry, doubled down on China stock bets. The question is, should investors? Burry’s investment moves are widely followed as he correctly called the collapse of the…

Opinion: Commercial real estate faces a ‘perfect storm’ — and loans are coming due

Opinion: Commercial real estate faces a ‘perfect storm’ — and loans are coming due

“ Tight lending conditions and loans refinanced at higher, unsustainable rates could potentially stifle construction and development. ” As the U.S. emerges from the COVID-19 pandemic, much attention has been given to rising inflation and the interest-rate hikes to combat it. But there is another looming threat with equally impactful and widespread implications for consumers…

These money and investing tips help your portfolio keep pace with the Fed

These money and investing tips help your portfolio keep pace with the Fed

Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS Banning short selling of regional bank stocks won’t solve their problems Restricting bets against the troubled banking sector would be ineffective and costly. Read More Stocks are stuck…

Opinion: Stocks are trying to break out of a trading range but resistance is too strong

Opinion: Stocks are trying to break out of a trading range but resistance is too strong

The stock market, as measured by the S&P 500 Index SPX, -0.72%, has failed to overcome resistance at 4200. That is bearish, and SPX has backed off sharply since the most recent attempt to challenge 4200 occurred late last week. That attempt was spurred by positive earnings from Meta Platforms META, -1.48% and others. Now…

‘We are running out of time to fix this problem’ — Bill Ackman’s latest warning on regional banks

‘We are running out of time to fix this problem’ — Bill Ackman’s latest warning on regional banks

We are running out of time to fix this problem. How many more unnecessary bank failures do we need to watch before the FDIC, the U.S. Treasury, and our government wake up? We need a system-wide deposit guarantee regime now. That was hedge fund billionaire Bill Ackman back with his two cents on the regional…

Apollo nears deal to buy Arconic, valuing company at about $3 billion: report

Apollo nears deal to buy Arconic, valuing company at about $3 billion: report

Private-equity firm Apollo Global Management Inc. is close to a deal to acquire Arconic Corp., which makes parts for aerospace and other industries, the Wall Street Journal reported late Wednesday. The Journal, which first reported Apollo APO, -0.54% was in talks to buy Arconic in February, reported the deal would value Arconic ARNC, -5.69% at…

Why First Republic’s rescue isn’t arresting a selloff in U.S. regional bank stocks

Why First Republic’s rescue isn’t arresting a selloff in U.S. regional bank stocks

Stock-market investors didn’t get much time to enjoy a brief period of relief for stocks following JPMorgan Chase & Co.’s takeover of First Republic Bank.  The seizure on Monday of troubled First Republic FRC and the subsequent takeover by JPMorgan Chase JPM failed to arrest a slide in U.S. regional bank stocks on Tuesday, as…