In the Market: French bond vigilantes have lessons for the US

Bond vigilantes’ violent reaction to spendthrift French politicians is an important reminder for the United States: the market will likely determine the tipping point for debt sustainability, and it will be hard to predict it. Over the past few months, financial executives and investors have increasingly been in my ear about growing U.S. fiscal deficits. […]

Stocks making the biggest moves midday: Peloton, Lam Research, Lowe’s, AstraZeneca and more

Check out the companies making the biggest moves midday: Peloton — The stock plunged 16.37% following the connected fitness company’s announcement it will begin a “global refinancing” process that includes a convertible notes offering and a $1 billion five-year term loan. Peloton, which recently announced a restructuring plan, has struggled with falling sales. Lam Research — Shares added 2.33% after […]

Dell hits record high amid rally in AI stocks

Shares of Dell Technologies (DELL.N), opens new tab hit a record high on Friday amid a rally in companies working on generative artificial intelligence applications, buoyed by strong optimism for the new technology. AI-heavyweight Nvidia (NVDA.O), opens new tab posted strong quarterly results and forecast current-quarter revenue above Wall Street expectations on Wednesday, reinforcing that customers’ spending on genAI […]