Author: Money Mechanics

In a recent forecast of activity in the initial public offering (IPO) market, Renaissance Capital said a “long-awaited … rebound is here.”A spring freeze sparked by uncertainty over President Donald Trump’s aggressive tariff policies quickly thawed over the summer with successful offerings from names such as crypto company Bullish (BLSH) and design software company Figma (FIG), which raised $1.1 billion and $1.2 billion, respectively.Overall, there have been 142 IPOs priced in 2025 through September 3, up almost 58% from the year prior. Total proceeds raised from these filings are at $23 billion, roughly in line with the year-ago period. From…

A couple of big names in the communication services and technology sectors kept two of the three main U.S. equity indexes above water for much of Wednesday’s trading session. But price action for the broader market was more ambiguous, with another set of incoming data showing a weakening employment situation ahead of an increasingly fraught Jobs Friday.Odds the central bank cuts interest rates at the next Fed meeting are up to 95.4%, according to CME Group’s FedWatch tool. And the yield on the 2-year U.S. Treasury note is falling – it was down to 3.621% on Wednesday from 3.658% on…

Key Takeaways If you’ve worked hard to save $30,000 or more, it’s time to make that money work for you. A high-yield savings account can pay 13 times more than a traditional savings account, which often pays nearly 0% interest. By switching to an account that pays 4.50% APY (or better), you could earn hundreds of dollars more every year, helping to grow your savings faster. Consider high-yield savings accounts, high-yield checking accounts, and even money market accounts, which all pay high rates from 4.00% to 6.00%. For many, saving $30,000 can take years to achieve. In fact, the median…

(BOE Report) – Canadian oil and gas producer Strathcona Resources said on Tuesday it has purchased additional 6.66 million common shares of rival MEG Energy for about C$190.8 million ($138.09 million). With this acquisition, Strathcona now owns or controls about 11.8% of MEG’s outstanding shares. Prior to this transaction, it held about 9.2% of the total MEG shares. The highest price paid for the MEG shares purchased by Strathcona on Tuesday was C$28.80 apiece. Late last month, Strathcona had said it would increase its ownership to about 14.2%, strengthening its position as a significant minority shareholder in MEG. The company had then also announced…

Key Takeaways Alphabet shares hit an all-time high Wednesday, a day after a federal court ruling that Google doesn’t have to divest its Chrome browser to address antitrust concerns.Judge Amit Mehta handed down the decision after ruling last year that Google held a monopoly in search.The decision also allows other companies, including Apple, to continue to receive payments to use Google search on their devices. Alphabet (GOOGL) shares jumped over 9% to close at an all-time high of $230.66 Wednesday, a day after a judge ruled the tech giant doesn’t have to sell its Chrome browser following an antitrust lawsuit brought…

Apple appears to have lost more AI talent, fueling worries about its progress with the emerging technology. Wall Street doesn’t expect its iPhone 17 launch next week to change that, and some think any enthusiasm for the event could mean a chance to sell the stock. Apple’s (AAPL) lead AI researcher for robotics, Jian Zhang, has left the company to join Meta (META), Bloomberg reported Tuesday. That would mark the latest in a string of exits, bringing the tally of recent moves from the company’s Foundation Models team—responsible for Apple Intelligence, the AI system built into its devices—to some 10…

Amazon will shut down its Prime Invitee program on October 1, 2025, ending a perk that let Prime members share free shipping with non-household users.The program gave friends and relatives outside the same address access to Prime delivery without paying for a membership. In its place, Amazon will offer Amazon Family, which is free for Prime members but far more restrictive.Amazon Family allows one additional adult and up to four children to share benefits, but all must live at the same primary address and use the same payment method. To ease the transition, Amazon is offering affected Invitee users a…

Key Takeaways Macy’s exceeded profit and sales forecasts and lifted its outlook as comparable sales grew.Comparable sales were up at its Macy’s and Macy’s “Reimagine” stores, as well as Bloomingdale’s and Bluemercury locations.Macy’s increased its full-year adjusted earnings per share and sales forecasts. Macy’s (M) shares jumped over 20% Wednesday after the biggest U.S. department store chain posted better-than-expected results and boosted its guidance on solid demand at its “Reimagine” namesake locations, as well as Bloomingdale’s and Bluemercury stores. The company reported second-quarter adjusted earnings per share of $0.41—more than double what analysts surveyed by Visible Alpha were looking for.…

November orange juice (OJX25) futures present a buying opportunity on more price strength. See on the daily bar chart for November frozen concentrated orange juice futures (FCOJ) that a choppy price uptrend line is in place. The bulls have the overall near-term technical advantage. Fundamentally, FCOJ prices are rising due to declining global orange supplies due to the citrus greening disease in Florida and drought in Brazil. Despite a long-term decline in overall orange juice consumption, the significant decrease in orange supply has been unable to meet the reduced demand. A move in November FCOJ futures prices above chart resistance…

In the world of investing, high-yield dividend stocks can offer appealing opportunities for income-focused investors. Five high-yield dividend stocks listed here are worth adding to your portfolio amid the current market turbulence. These companies operate in different industries, provide attractive yields, and have strong fundamentals to support their payouts. Looking for actionable trade ideas? Subscribe now to unlock access to InvestingPro’s AI-selected stock winners! In the current environment of economic volatility and shifting interest rate expectations, high-yield dividend stocks remain a cornerstone for income-focused investors. These assets provide steady cash flow, often from resilient industries like energy infrastructure, real estate,…