My top 10 things to watch Friday, Feb. 9 1. Stock futures were slightly higher this morning after the S & P 500 briefly crossed 5,000 for the first time in intraday trading Thursday. The broad U.S. stock index is up nearly 5% this year, after gaining more than 24% in 2023. Meanwhile, bitcoin crossed … Read more
As the economic forecast has mostly shifted from recession to soft landing, experts at firms who landed on this year’s CNBC FA 100 list are still watching for a downturn. Despite those forecasts, here’s where they see opportunities for gains in stocks, bonds and cash. Shoppers at a Chicago grocery store on Aug. 9, 2023. … Read more
Instacart joined chip designer Arm Holdings Ltd. in moving ahead with an initial public offering, adding momentum to a return of high-profile listings. The largest US online grocery delivery company disclosed in its filing Friday with the US Securities and Exchange Commission that PepsiCo Inc. will buy $175 million in preferred convertible stock. The San … Read more