When Coinbase made its debut as a platform for buying and selling bitcoin in 2012, the world of cryptocurrencies was largely the domain of technophiles and risk-tolerant early adopters. Today, Coinbase has grown into the most recognized name in the U.S. crypto exchange business, bridging the gap between digital
Shares of healthcare services company Sotera Health (NASDAQ:)
jumped 3.4% in the morning session after the stock gained ground amid broader positive market sentiment ahead of a busy week for corporate earnings. U.S. stock futures indicated a higher open for the markets, setting a positive tone for investors who were anticipating a heavy slate of earnings reports from major companies during the week. Notably, the earnings season got off to a strong start: More than 85% of the S&P 500 stocks that reported earnings exceeded expectations, according to FactSet data. This robust performance fueled positive sentiment, suggesting that corporate profitability remained resilient despite ongoing economic uncertainties.
Goldman Sachs analyst Noah Poponak raised GE Aerospace's price target, citing strong earnings, record engine deals, and a plan to return cash to shareholders.
Big tech companies like Meta, Amazon, and Palantir are investing heavily in AI, driving a surge in datacenter infrastructure. Goldman Sachs predicts a 165% increase in global datacenter electricity demand by 2030, making utility, infrastructure, and real estate ETFs attractive. AI-driven growth is expected to boost regulated utilities like NextEra and Duke Energy, as well as companies upgrading the electrical grid like Johnson Controls and ABB. Infrastructure-focused ETFs like PAVE and IYJ offer exposure to the concrete-intensive reality of AI clusters, while REITs like XLRE benefit from the demand for digital infrastructure. This presents a long-term investment opportunity for ETF investors.
The Nasdaq Composite extended its record-setting streak to three straight sessions, while the broader S&P 500 Index closed within 20 points of a record high.
Volatility surged across interest rate-sensitive assets Wednesday after reports circulated that President Donald Trump may be preparing to remove Federal Reserve Chair Jerome Powell from his post. The rumors sparked fears over the Fed's independ
Goldman Sachs (NYSE: GS) reported a solid second quarter with earnings beating estimates and strong performance in trading and investment banking. Analysts expect EPS upgrades and see the stock outperforming peers.
