The S&P 500 index gained 0.9% over a holiday-shortened week, marking its second consecutive weekly increase and its 11th positive week out of the last 12. The index is currently just 1.4% below its record closing high set on June 2, 2026. Year-to-date, the S&P 500 has risen 9.6%, while the S&P Equal Weight index is up 9.3%. This steady upward trend indicates sustained investor confidence and market resilience.
Rayonier Inc. has been rated a Buy following its merger with PotlatchDeltic, which nearly doubled its share count and expanded its timberland and manufacturing assets. The company now offers a 5% dividend yield and improved cash flow, though it faces...
Bitcoin surged over 25% in August, marking its strongest monthly gain since November 2024, driven by increased market volatility and resilience despite regulatory and security challenges. Fidelity warns this rally may be a temporary bounce within an ...
Shein's shares have fallen 17.5% since its Hong Kong debut amid concerns over its ability to sustain growth. The company, known for low-priced fast fashion, faces rising tariffs and regulatory changes in the U.S. and Europe that erode its cost advant...
Bitcoin surged to an intraday high of $82,108 before settling near $81,050, marking a 4.5% gain amid an ongoing rally. Despite this strong performance, Fidelity Digital Assets cautions that the rally alone does not confirm the end of the bear market....
Flowra and Korea Gold Exchange Digital Asset (KorDA) signed a memorandum to explore using KGLD, a gold-backed digital token, as collateral for securing Solana (SOL) tokens delegated to network validators. This initiative aims to leverage the growing ...
