Freeport-McMoRan Inc. News
Apple Makes BofA List of Stocks That Can Beat Inflation
Consumer prices soared 8.6% in the 12 months through May, a 40-year high.
Tesla, Wynn Fare Poorly When Dollar Rises: BofA
The dollar has soared this year, with the Bloomberg Dollar Spot Index gaining 4.5%. That’s a big number for the greenback.
Apple Makes BofA List of Stocks That Thrive Amid Inflation
The roster contains S&P 500 companies whose relative performance has a strong positive relationship to BofA’s inflation indicator.
Cramer's Mad Money Recap 5/2: Coca-Cola, American Express, Visa
Investors can't wait for inflation to be broken before they buy.
Travel Stocks Like Delta Air Are Seen as Inflation Beaters
Meanwhile, Credit Suisse and JPMorgan offered lists of stocks that can thrive in inflationary times like the present.
Breaking News
GameStop Stock Surges On Plans For 4-For-1 Stock Split
GameStop will pay a three-share dividend to investors on July 21, with the stock trading on a split-adjusted basis the following day.
Samsung Forecasts Best Quarterly Profits In Four Years, Boosting US Chip Stocks
Chipmakers Intel and Nvidia got a boost Thursday after Samsung Electronic forecast its strongest quarterly profits in four years.
Seagen Stock Leaps On Report Of $40 Billion Takeover By Merck & Co.
Merck is reportedly eying cancer drug specialists Seagen as it looks to replace revenue from its Keytruda blockbuster, which loses patent exclusivity in 2028.
Microsoft Supports Abortion Access But Is Silent on Data Privacy
The software giant hasn't said it will protect user data in wake of Supreme Court ruling overturning Roe.