Rational Exuberance

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DraftKings remains sports betting royalty
Shares of DraftKings have more than doubled this year. The stock has easily outperformed its rivals. JPMorgan is still optimistic.
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Paul R. La Monica
Fed: Higher rates for longer = soft landing?
The Federal Reserve held steady at its latest meeting. But the central bank is suggesting another rate hike could be in the cards this year...even as…
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Paul R. La Monica
Pet peeves?
Chewy stock may be near an all-time low. But one money manager thinks that another stock for animal lovers could be a great buy right now. The pet…
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Paul R. La Monica
Lehman: 15 years later
September 15, 2008 was a dark day on Wall Street and for the nation's economy. Big banks may be healthier now but many of them still pose risks because…
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Paul R. La Monica
Shot in the IPO Arm?
The Wall Street debut of the chip designing giant could usher in a new wave of offerings from so-called unicorns. Next up? Instacart.
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Paul R. La Monica
Nvidia succumbs to law of gravity. For how long?
Nvidia, the chip giant riding a wave of hope and hype about artificial intelligence, has taken a bit of a breather lately. Shares are down more than 10…
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Paul R. La Monica
Tesla stock continues its electrifying run
Tesla could once again top the $1 trillion market valuation mark if an uber-bullish forecast from Morgan Stanley’s star auto analyst Adam Jonas comes to…
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Paul R. La Monica
Apple angst
Shares of the tech giant tumbled this week on worries about a China crackdown on iPhones. Will next week's iPhone 15 reveal event get the stock back in…
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Paul R. La Monica
Don't sweat September stock swoon?
Stocks historically have not fared well in the ninth month. But the start of fall doesn't always have to mean that stocks will fall.
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Paul R. La Monica
Drug store drama
Walgreens CEO Roz Brewer is stepping down. The stock is tanking. The news isn't much better for rivals CVS or Rite Aid either.
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Paul R. La Monica
August 2023
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