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Stock futures traded sideways Friday morning.Treasury yields rebound but still below recent highs.Turkey bans crypto payments, Bitcoin slides.Morgan Stanley, Sunrun, Comcast and more making the biggest moves premarket. Stock futures traded sideways Friday morning after another record-setting day on Wall Street, with a batch of stronger-than-expected economic data and corporate earnings results helping fuel a risk rally.At 8:04 a.m. ET, Dow E-minis were up 49 points, or 0.14%, S&P 500 E-minis wer

President Joe Biden will unveil a more than $2 trillion infrastructure and economic recovery package on Wednesday.The plan aims to revitalize U.S. transportation infrastructure, water systems, broadband and manufacturing, among other goals.An increase in the corporate tax rate to 28% and measures designed to prevent offshoring of profits will fund the spending, according to the White House.PresidentJoe Bidenwill unveil a more than $2 trillion infrastructure package on Wednesday as his administra

The first quarter ends in just a few days. That means more delivery data from auto makers is due. For investors, the figures will be higher stakes than usual. The reason is simple: The global automotive microchip shortage is roiling the entire car business.Numbers will matter even more for richly valued, high-growth companies such as Tesla. Tesla investors want growth, and the chip situation is squeezing growth. Both General Motors and Ford Motor have taken unexpected plant downtime recently and

Apple has avoided the types of failures that have beset so many tech giants. From the HP I dearly loved and the IBM we once feared, to Palm, Nokia, Blackberry, and many more…Will Apple eventually follow a similar trajectory and either disappear or recede into the shadows?Or can Tim Cook continue to keep the Steve Jobs Apple 2.0 miracle alive almost a decade after the magician’s passing?The Monday Note has been on an irregular hiatus as I labor on a book chronicling my picaresque half century in

Boston, Massachusetts, March 22, 2021 -- $ArcLight Clean Transition Corp. II$ , a special purpose acquisition company formed for the purpose of entering into a combination with $one$ or more businesses, today announced the pricing of its upsized initial public offering of 27,500,000 units at a price of $10.00 per unit. The units will be listed on the Nasdaq Capital Market and trade under the ticker symbol “ACTDU” beginning March 23, 2021. Each unit consists of $one$ Class A ordinary share of th

The weeks after Spring Break could be very telling in terms of economic recovery Americans like to s