The era of tech-driven market narrowness appears to have met its match. In a series of sweeping upgrades throughout the first quarter of 2026, Wall Street’s most influential strategists have officially moved the Financials and Industrials sectors to "Overweight," signaling a definitive shift in the market's leadership. This "Great
The financial markets experienced a sharp correction in mid-February 2026, as the narrative surrounding Artificial Intelligence shifted from "growth engine" to "margin killer." The Financial Select Sector SPDR Fund (NYSE: XLF) tumbled 2% during a pivotal trading session on Thursday, February 12, capping a week that saw the sector lose
While Jack Dorsey defends the move to lay off people as a necessity of the current times, users on Stocktwits and X are raising concerns about the job cuts.
The firm has been working for months with bankers to prepare itself for a potential activist campaign or unwanted takeover bid, Semafor reported on Thursday.
The analyst attributed the selloff in Coinbase to President Donald Trump's tariff moves, continued exchange traded fund outflows, and "signs of whales moving HODLs onto exchanges," as per TheFly.
Citigroup is discussing the offloading of stakes smaller than 5% each to a group of companies and Mexican family offices, including Blackstone Inc., General Atlantic among others, according to a Bloomberg News report.
At least one large rival is looking at the whole company, while some other suitors are only interested in certain PayPal assets, Bloomberg News reported.
Lemonade’s stock has declined over the last few days due to its core profit growth target being, in hindsight, missed, even as the company delivers on revenue.
Coinbase’s stock has been stretching its post-earnings rally since Friday, despite bearish calls from Wall Street after the company reported revenue and earnings below analyst estimates.
