Bank of America (BAC) just waved a not-so-subtle red flag for bond market investors and anyone positioned in the stock market. In a new Flow Show note, chief equity strategist Michael Hartnett argued that the era “anything but bonds” is here, and that the traditional safety trade has failed. In laying out his curt rationale,
Wanna bet? Throughout history, people have put their money on the uncertain outcomes of all kinds of events. In ancient Rome, for instance, people placed wagers on gladiator matches, chariot races, military campaigns, or crop harvests. During the 16th Century, people bet on who would succeed the Pope. In the 18th Century, London coffee houses
Intel (INTC) stock tumbled 17% on Jan. 23 after the chipmaker issued weaker-than-expected guidance for the current quarter. The company beat expectations in the fourth quarter of 2025. Adjusted earnings came at 15 cents per share, well above Wall Street’s forecast of 8 cents. Revenue reached $13.7 billion, also topping the $13.4 billion estimate. For
Samsung Electronics is getting ready for the launch of a lifetime, the Galaxy S26 Ultra, on March 11, Forbes reported. Now, with its most important product for 2026 set to debut, the marketing blitz and margin test are front and center. Investors, retailers, and customers are eagerly anticipating the launch, which will take place at
Goldman Sachs just tweaked its year-end gold price target to $5,400 an ounce, up 10% from the prior $4,900 call. Moreover, that bump also implies a 9% upside from current prices, with spot gold trading around $4,957 an ounce at the time of writing (Jan. 23, 2026). The big bank argues that gold is far
As Senate Democrats took on the Department of Justice probe of Federal Reserve Chair Jerome Powell, the White House mounted another broadside against him — this time about his future tenure at the central bank. Sens. Elizabeth Warrenof Massachusetts and Dick Durbinof Illinois sent letters to two Trump officials demanding documents and records related to
This live blog is refreshed periodically throughout the day with the latest updates from the market.To find the latest Stock Market Today threads, click here. Happy Friday. This is TheStreet’s Stock Market Today for Jan. 23, 2026. You can follow the latest updates on the market here in our daily live blog. Update: 9:38 a.m. ET Opening Bell The
The USD/JPY exchange rate pulled back after the latest macro data from Japan. It was trading at 156.25, down from this month’s high of 157.83. It has also formed the risky double-top pattern, pointing to more downside in the coming days. Weak Japanese data raises doubts for BoJ rate hikes The USD/JPY exchange rate was
The South African rand was one of the best-performing currencies this year as it jumped by over 11% against the US dollar. The USD/ZAR exchange rate was trading at 16.68, down by 16.4% from its highest point this year. It has also formed a risky technical pattern pointing to more rand gains. USD/ZAR technical analysis
The Zimbabwe ZiG continued its recent rebound and hit its highest level against the US dollar since January this year. Central bank data shows that the USD/ZWG exchange rate dropped to 25.98, down significantly from the year-to-date high of 27. Zimbabwe ZiG boosted by the gold price rally Zimbabwe’s gold-backed currency, which was launched in