Alphabet Q1 Earnings Preview: Room For Disappointment, But AI Guidance Will Be Key
Alphabet, Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) will release its first-quarter financial results on Tuesday, April 25, after the market close.
BofA Strategist Says Central Banks Are Locked In High Inflation, Predicts Drop In Stock Earnings
A structurally higher inflation is currently being "locked in" by central banks, which will force the stock market to re-adjust to a new inflation-interest rate regime over the coming years, said Michael Hartnett, chief investment strategist at Bank of America Securities.
High-Yield Corporate Bonds Are Attractive Amid Low Default Risk In 2023: Oaktree Capital
High-yield bonds issued by American and European corporations are considered attractive assets since they offer above-average yields at cheap prices, according to Oaktree Capital Management's most recent credit market outlook.
Clock Ticking: US To Begin Refilling Strategic Petroleum Reserve This Fall, Fueling Surge In Oil Prices
Amos Hochstein, the U.S. official responsible for energy diplomacy, said on Friday that the United States could begin to replenish its strategic oil supplies this autumn if oil prices are at the right level.
US S&P Global PMIs Rise More Than Expected: Price Pressures Send Hawkish Signals To Market
The Purchasing Managers' Index (PMI) flash estimates for both manufacturing and services activity in the U.S., as measured by S&P Global, climbed in April, showing economic expansion and positively surprising analysts' expectations.
BofA Sees 20% Downside In EU Stocks As Markets Realign With Reality And Analysts Turn Bearish Citing Recession Risks
Bank of America analysts reiterated a markedly bearish stance on the fate of European equities, predicting a decline of at least 20% by the end of the year for the Euro Stoxx 600 index amid a deteriorating mac
Hedge Funds Fall Short: Underperforming Low-Cost S&P 500 ETF By 6% in 2023. Here’s Why.
So far, 2023 has not started well for the hedge fund sector, as a common SPDR S&P 500 Trust ETF (ARCA: SPY) fared much better than the Global X Guru Index ETF (ARCA: GURU), a fund that invests in the highest conviction ideas from a chosen pool of hedge funds.
Snapchat Shares Tumble 7% Amid New AI Features and Upcoming Q1 Earnings
Snap, Inc. (NYSE: SNAP), the parent of social media platform Snapchat, tumbled over 7% on Thursday, posting the second-worst session in 2023, despite the company unveiling new partnerships this week as well as the release of new
ETFs Flows Tracker: Investors Withdrew Over $2 Billion From SPY, QQQ This Week; Other ETFs That Saw Notable Action
ETF investors are withdrawing funds from the main U.S. equities ETFs, which track the S&P 500 index and the tech-heavy Nasdaq 100. Other ETFs have seen interesting movement, as well.
Yellen Urges Fair US-China Economic Relations, Warns Of Consequences Amid Rising Tensions
U.S. Treasury Secretary Janet Yellen gave a speech on the U.S.-China economic relationship at the School of Advanced International Studies at Johns Hopkins University in Washington on Thursday.