Fred Alger Management, an investment management company, released its “Alger Small Cap Focus Fund” second-quarter 2026 investor letter. A copy of the letter can be downloaded here. U.S. equities experienced a strong recovery in Q2 2026, with the S&P 500 Index gaining 15.2%, marking its best quarter since 2020. A ceasefire between the United States…
Forward Air said Tuesday that it will continue working with one of its largest customers, which had provided notice in May that it might pull all of its business. A non-binding arrangement with the customer will allow Forward to keep half, and potentially up to 75%, of the $250 million account. A memorandum of understanding…
Investors seem to have forgotten that Meta’s (META) ambitious AI capital expenditures drilled the stock when the company reported first quarter earnings in April. And there are two reasons why sentiments have turned around since then. Quick insight: The bulls are circling Meta ahead of its July 29 earnings report, in part because of potential…
Hasbro raised its full-year financial outlook on Tuesday after Magic: The Gathering surpassed $500 million in quarterly revenue for the first time in the card game’s history, driving a 16% jump in overall company sales. The Pawtucket, Rhode Island-based company lifted its full-year revenue growth target to a range of 5% to 7% in constant…
BlackRock is seeking to sell more than $12 billion in bonds to help finance a Meta Platforms data center campus in El Paso, Texas, according to Bloomberg. The bond issuer is a holding company tied to BlackRock’s 80% ownership position in Project Sopaipilla Holdings, with Meta accounting for the other 20%. JPMorgan Chase and Morgan…
Publisher’s Note: Tomorrow at 2 pm ET, CJ is joined by special guest Matt McCall—one of Wall Street’s most respected innovation investors. Fox Business’s Neil Cavuto once called Matt “one of my best guests” for his ability to cut through the noise and uncover opportunity before the crowd. For more than 25 years, Matt has…
Despite everyone posting bullish charts for crypto on X, I do not think BTC runs higher here. To me, the chart looks exactly like the fake out that happened before covid where we have a fake move higher and then a large capitulation move lower. We have not managed to break the highs at $66.8k,…
Charles Schwab (SCHW) said Tuesday that profits soared 32% from a year ago, fueled by record client trading activity during a busy quarter for Wall Street. Schwab reported net income of $2.8 billion, or $1.62 per share on a adjusted basis. Total net revenue increased 21% to $7.1 billion, driven in part by a 28%…
By Niket Nishant and Jiaxing Li BENGALURU/HONG KONG, July 21 (Reuters) – The U.S. dollar held steady on Tuesday as markets balanced signs of escalating tensions in the Middle East against lingering optimism from softer inflation data last week. The U.S. dollar index, which measures the currency against a basket of six peers, was largely…
Hello traders! Here’s my technical outlook based on the current BTCUSDT (2H) chart structure. BTCUSDT previously broke above a descending channel, confirming a bullish recovery. The rally has now reached the 66,400 Seller Zone, where price is facing strong resistance after an impulsive move higher. Currently, BTCUSDT is trading below the 66,400 Seller Zone while…
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