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
Tesla Q2 Deliveries Slump To 254,695 As Shanghai Shutdown, Supply Chain Snarls Take Toll
Tesla said it had a record rate of production in June, but supply chain disruption and the closure of its Shanghai gigafactory triggered a slump in Q2 deliveries.
Summers, Others Cite Growing Chance of Recession
GDP shrank an annualized 1.6% in the first quarter, and some experts anticipate another drop in the second quarter.
Coinbase Faces A New Scandal
The platform denies selling proprietary customer data and announces it is expanding into several European countries.