The U.K. market is so painfully cheap it is now privately being described by fund managers as offering a generational opportunity for investors. No one wants to hear that after a generation of failure now is the time to buy, because anything that can be sour for 10 years, then…

Shares of Cybin Inc., CYBN, -4.35% a developer of psychedelic therapies, finished 38.5% higher on Monday after billionaire investor and New York Mets owner Steve Cohen’s hedge fund Point72 disclosed that it had bought nearly 19 million shares of the company for an 8.1% stake. The filing was disclosed Friday…

On September 20 at 2p.m. ET the Federal Reserve will announce its decision on interest rates. No change in rates is expected. However, here are some of the key signals that the market will be looking for in assessing future moves in the target range for the Fed Funds rate,…

Railroad giant Norfolk Southern Corp. NSC, -1.09% on Monday announced an interim plan to compensate eligible homeowners whose home values suffered following the February derailment of a train carrying toxic chemicals in East Palestine, Ohio. Under the program, residents within a defined boundary near the Ohio-Pennsylvania border “who have sold…

The expectation that interest rates will continue higher and for longer than previously thought continues to haunt the price of these real estate investment trusts. Other factors undoubtedly contribute to this issue depending on the individual REIT but that’s the definitely the candidate for “most likely negative factor.” 3 of…

Block Inc.’s stock has been a sizable laggard this year, and now it’s losing the leader of a critical business — albeit one that hasn’t necessarily lived up to investor expectations lately. Alyssa Henry, the head of Block’s SQ, -2.83% Square merchant business, is stepping down after a long tenure…

For the first time in three years bears are going to try to take advantage of a bank panic. This is what investors should do. The S&P 500 skidded last week by 4.5% after a specialty West Coast bank imploded. Bears are talking about contagion, the possibility many more financial…

Bitcoin and other cryptocurrencies advanced on Monday as traders aimed to push digital assets out of a range where they’ve been parked for the past month. And the days ahead hold a key macroeconomic catalyst that could shift the needle as well. The price of Bitcoin rose 3% over the…

Street Earnings (based on Zacks Earnings) overstate profits for the majority of S&P 500 companies in 2Q23. However, there are nearly 140 S&P 500 companies with TTM 2Q23 Street Earnings that are lower than their true profits, i.e. Core Earnings. These companies are more profitable than investors realize and, in…

Shares of Stitch Fix fell after hours on Monday after the online styling service said it expects falling sales through the months ahead and plans to exit its business in the U.K., as a still-cautious customer pulls back on wardrobe experimentation. Management, during Stitch Fix’s SFIX, +11.31% earnings call, said…