S&P 500, Extends Gain, Up 1%, Nasdaq Up 1.6%
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StreetInsider.com Top Tickers, 6/25/2026
- S&P 500, Nasdaq drop as tech megacap declines outweigh upbeat Micron forecast
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- IBM surges on unveiling sub-1nm chip technology breakthrough
- 'Long-term deals significant positive for stock:' Analysts react to Micron results
JPMorgan Strategist Marko Kolanovic: 'A recession is currently not priced into equity markets, in our view...'
January 23, 2023 1:55 PM ESTJPMorgan Global Market Strategist Marko Kolanovic comments "The recent weakening of economic data and anticipated decline in earnings expectations/weak FY23 guidance are pointing to markets that are likely to move lower, in our view. Recent equity inflows are likely running out of steam, while pensions overfunded status could drive an increase in their reallocation from equities to bonds this year. A recession is currently not priced into equity... More
Bloomberg fined $5 million by the SEC for misleading disclosures
January 23, 2023 1:49 PM ESTThe US Securities and Exchange Commission fined Bloomberg $5 million in a settlement for misleading disclosures relating to its paid subscription service, BVAL.
The SEC accused the company of misleading customers regarding how it calculated the price of certain securities.
BVAL provides daily price valuations for fixed-income securities to... More
