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.
Fed Inflation Gauge Eases Again In May, But Inflation Pressures Clip Consumer Spending
While overall inflation pressures are easing modestly, the impact of the fastest inflation in four decades is taking its toll on spending, BEA data indicated Thursday.
Pfizer Stock Jumps On $3.2 Billion U.S. Covid Vaccine Sale, FDA Paxlovid Approval Filing
“As the Covid pandemic continues to evolve and be highly unpredictable, we must remain vigilant in protecting those who are at greatest risk of getting very sick from Covid," said CEO Albert Bourla.
Walgreens Stock Slides After Q3 Profit Beat, $683 Million Florida Opioid Charge
"WBA delivered strong execution across operating segments and against very robust growth last year," said CEO Rosalind Brewer.
Micron Earnings Preview: Will Critical Support Hold?
Micron is set to report earnings on Thursday after the close, but the stock sits on critical support. Will it hold or will it fold?