Newsfeeds Archive - Page 41 of 150

2 minute read

Energy Stocks ‘A Hedge Against Things Getting More Out of Control’ In Middle East, Says Veteran Investor

January 30, 5:32 PM

Ed Yardeni suggests owning energy stocks to hedge against oil price shocks due to geopolitical volatility. He also discusses tech sector concentration and Fed's policy dilemma.

XLE

2 minute read

US Stocks Ease Ahead Of Key Tech Earnings, UPS Sinks, General Motors Rallies: What’s Driving Markets Tuesday?

By Piero Cingari

January 30, 2:31 PM

Traders cautious ahead of tech earnings & FOMC meeting. S&P 500 & Nasdaq 100 down, Dow slightly up. Dollar & Treasury steady. JOLTS & home price data positive. UPS falls 7%, GM up 8%, Danaher up 3.5%, MSCI up 10%, Lucid up 10%, Schlumberger down 8%.

AMD

2 minute read

Institutional Investors Flee Stocks At Second-Highest Pace Since 2008 Despite Market Boom: Where Is Their Money Going?

By Piero Cingari

January 30, 1:13 PM

Bank of America reported large outflows from single stocks by institutional investors, primarily in tech, discretionary, and staples sectors.

SPY

2 minute read

UPS Slashes 12,000 Jobs In Cost-Cutting Move, Shares Plunge

By Piero Cingari

January 30, 12:34 PM

UPS shares drop significantly after disappointing financial report, leading to 12k job cuts in response to rising costs and declining sales. 2024 projections also indicate struggles due to market pressures.

UPS

2 minute read

Tech Giants’ Market Concentration Echoes Dot-Com Bubble Peak, Analysts Warn

By Piero Cingari

January 30, 10:45 AM

Explore JPMorgan's analysis drawing parallels between today's US equity market and the dot-com bubble, highlighting the significant concentration of top stocks and sector dominance in the MSCI USA Index.

AAPL

2 minute read

Starbucks Q1 2024 Earnings Preview: Can The Coffee Giant Brew Up Another Beat?

By Piero Cingari

January 29, 7:04 PM

Starbucks Corp. (NASDAQ: SBUX) set to release fiscal Q1 2024 earnings on Jan. 30, 2023. Analysts expect EPS of $0.93 and revenue of $9.609B.

SBUX

2 minute read

US Stocks Rise At Week’s Start, Tesla Rebounds, SoFi, Lucid Shine: What’s Driving Markets Monday?

By Piero Cingari

January 29, 2:57 PM

Wall Street witnessed slight gains at midday on Monday, with investors eagerly awaiting a series of critical earnings reports, the Federal Reserve’s meeting on Wednesday and the much-anticipated job market report this Friday.

AAPL