Your Lazy Weekend Might Be the Reason You’re So Tired on Monday

The breakout to record highs by bank stocks, plus their strong earnings and favorable valuations, suggest more good times ahead for the financial sector.

October NY world sugar #11 (SBV26) closed down -0.63 (-3.46%) on Friday, and October London ICE white sugar #5 (SWV26) closed down -9.90 (-1.89%). Sugar prices gave up an early advance on Friday and sold off sharply, as weakness in the Brazilian real prompted long liquidation in sugar futures.  The real (^USDBRL) fell to a…

The management team at American Express (AXP -0.38%) is optimistic about the future. Executives expect the company’s revenue to increase at 10% per year over the long term, with diluted earnings per share rising at a mid-teens rate. This is a meaningful tailwind that can help fuel investor returns. This financial stock, which is a…

Key Points Berkshire’s second-quarter operating earnings rose 16% year over year to $13.0 billion. Currency effects on the company’s non-U.S.-dollar debt swung from an $877 million loss a year ago to a $326 million gain. Excluding that swing, operating earnings grew about 5%. 10 stocks we like better than Berkshire Hathaway › Berkshire Hathaway‘s (NYSE:…

It’s an exciting time for Rivian (RIVN +0.24%) investors with the pivotal R2 ramping up production, a second shift that just came online late Q3 with a third shift planned next year, and the R3, which is expected to launch from its upcoming Georgia factory. Here’s the thing about Rivian’s drive toward profitability: The company…

NewEdge Wealth, the upper high-net-worth channel of NewEdge Capital Group, is expanding into Minnesota by adding a UBS team that previously oversaw $1.25 billion in client assets, the registered investment advisor announced. The eight-person team will be based in Wayzata, outside of Minneapolis and will mark NewEdge Wealth’s 22nd location nationally. Managing Director James Shafer…