» Recession-wary investors are watching gasoline demand for clues to consumer health
09/05/24 10:47 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Investors are monitoring gasoline demand as they fret about the toll inflation is taking on consumers.
» Home prices keep climbing nationally, but they’re falling in these 15 markets
09/05/24 10:46 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Home prices see growth in 93% of U.S. metropolitan areas despite ‘highest mortgage rates in two decades,’ National Association of Realtors says says.
» TikTok to automatically label AI-generated user content in global first
09/05/24 10:40 from FT.com - IT
Social media companies under pressure to identify deepfakes and prevent spread of misinformation
» Papa John’s stock sinks to 4-year low as lower deliveries led to a sales miss
09/05/24 10:40 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Papa John’s stock sank toward a four-year low Thursday, after the pizza chain reported the biggest quarterly revenue miss in more than five years, amid a decline in the number of transactions and deliveries.
» Gulf Waitrose brand operator Spinneys jumps on first day of Dubai trading
09/05/24 10:39 from FT.com - Financial Markets News
Bankers hope successful listing of high-end grocer heralds wave of private companies going public
» Meet My A.I. Friends
09/05/24 10:36 from NYT > Business Day
Our columnist spent the past month hanging out with 18 A.I. companions. They critiqued his clothes, chatted among themselves and hinted at a very different future.
» The great American innovation engine is firing again
09/05/24 10:29 from FT.com - IT
Federal government moves against Asian tech have brought investment rushing in
» ‘We live frugally’: I’m 54 and my husband is 64. We have a $4 million net worth, but I’m not working. How should we navigate our retirement?
09/05/24 10:29 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
“While he splits his time between a part-time job and his consulting business, I’ve been unable to work for several years because of health problems.”
» Norfolk Southern Investors Reject Plan to Oust Its Management
09/05/24 10:20 from NYT > Business Day
An activist investment firm failed to replace the railroad’s top executive and all its directors, but did win three seats on its board.
» Nvidia, Micron and Super Micro among companies that shine in Wall Street’s ‘beat-and-raise’ game
09/05/24 10:16 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Investors should look at the numbers behind rising share prices.
» GM to Retire the Chevy Malibu to Make More EVs
09/05/24 10:08 from NYT > Business Day
The gasoline-powered Malibu was the last sedan sold by Chevrolet, the General Motors brand, in the United States.
» 1 Warren Buffett-Owned Stock With 36% Upside This Year
09/05/24 10:03 from 24/7 Wall St.
One of the major themes at Warren Buffett’s Berkshire Hathaway (NYSE: BRK-B) shareholder meeting earlier this month was AI. While he warned of deepfakes, the billionaire also believes it could be the “growth industry of all t...
» Bank of England Holds Interest Rates at 5.25%, but Signals Cuts
09/05/24 09:54 from NYT > Business Day
A cut in interest rates could come as soon as this summer as the central bank forecast that inflation would drop to its 2 percent target.
» Roblox’s stock tumbles after a big revenue miss, engagement weakness
09/05/24 09:47 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Roblox Corp.’s stock tumbled Thursday after the online gaming company reported first-quarter revenue that was well below expectations and provided a downbeat current-quarter outlook.
» Anglo American needs to switch on its defence against BHP
09/05/24 09:38 from FT.com - Financial Markets News
The company requires a new plan to create value from the troubled mining house
» 10-year Treasury yield close to 4.5% following weekly jobless-claims data
09/05/24 09:35 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Yields on U.S. government debt were little changed Thursday morning, even after data showed weekly initial jobless-benefit claims jumped to the highest level in nine months.
» Three overlooked stocks from a Spanish quant: ‘Now is not a time everyone is going to win.’
09/05/24 09:34 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
This Spanish fund manager that focuses on U.S. stocks, offers three overlooked names, and says AI is just a part of their stories.
» Here’s why BBVA just launched a hostile bid for Sabadell
09/05/24 09:29 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Days after a rebuff of an initial offer, BBVA turned hostile in its attempt to acquire smaller rival Sabadell.
» Jobless claims jump to highest level in nine months
09/05/24 09:28 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Initial jobless-benefit claims rose by 22,000 to 231,000 in the week ending May 4, the U.S. Labor Department said Thursday. That’s the highest level since last August.
» Retail traders are using 0DTE options again — and this is what they’re doing
09/05/24 09:26 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Retail traders are turning again to the popular, but risky, strategy of trading short-term options.
» This is the Fastest Military Stealth Plane Ever: The Top 20, Ranked
09/05/24 09:15 from 24/7 Wall St.
Stealth technology was formally revealed to the public during a news conference at the Pentagon in 1980. The Secretary of Defense at the time, Harold Brown, lauded the innovation, stating, “It is not too soon to say that by making existi...
» Coach, Kate Spade parent reports revenue miss amid weakness in North America
09/05/24 09:14 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Tapestry’s stock dropped toward a four-month low in premarket trading Thursday, after the fashion company reported fiscal third-quarter revenue that fell short of expectations, with the Coach brand’s in-line sales offset by misses by Kat...
» Donald Trump’s stormy day in court
09/05/24 09:00 from FT.com - Financial Markets News
Also in today’s newsletter, Ken Griffin weighs whether he’ll back Trump or Biden
» FTSE 100 hits fresh record as Bank of England signals summer rate cut
09/05/24 08:57 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The prospect of lower borrowing costs helped push U.K. stocks to a fresh record high on Thursday.
» Warner Bros. Discovery’s stock falls as earnings reflect traditional-media woes
09/05/24 08:56 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Traditional media businesses have had a tough time even as they navigate a march into the streaming era, and WBD’s earnings could be the latest example of that.
» Boeing plane skids off runway in Senegal, causing injuries
09/05/24 08:43 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
A Boeing-made plane skidded off the runaway in Senegal on Thursday, authorities said.
» Would Paramount Bidders Break It Up?
09/05/24 08:22 from NYT > Business Day
If Sony and Apollo Global win the fight to buy the media company, they plan to keep the studio business and sell everything else.
» Investors in Uber and other gig companies could be hoping for a Trump win in November. Here’s why.
09/05/24 08:22 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Biden’s policies are seen as much more friendly to gig workers, and his re-election could offer a fresh challenge for companies like Lyft and DoorDash.
» Warner Music Group’s stock dips 4% after profit falls short of estimates
09/05/24 08:19 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Revenue from recorded music rose 4%, while revenue from music publishing rose 19%
» Biden plugs $3 billion Microsoft AI investment at Wisconsin site where Trump-touted Foxconn plant flopped
09/05/24 08:14 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
President Joe Biden on Wednesday talked up a Microsoft Corp. plan for a data-center complex in Wisconsin’s Racine County, while also criticizing GOP presidential nominee Donald Trump’s economic record in that part of the swing state.
» Apple crushed by iPad advertising backlash
09/05/24 08:13 from FT.com - IT
New campaign depicting musical instruments and artistic tools being destroyed by a hydraulic press faces criticism
» Bond yields and the pound fall as two Bank of England members vote for cut
09/05/24 08:09 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
U.K. bond yields and the British pound slipped on Thursday as the Bank of England saw two voters prefer an interest-rate cut.
» Advertising legend Maurice Saatchi says big companies are ‘now worse than Big Government’
09/05/24 08:03 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The man behind many memorable ad campaigns has written a new book, ‘Orgasm,’ that aims to challenge some widely held political, societal and financial beliefs
» AMC will navigate box-office challenges and tackle $4.5 billion debt load, says Benchmark
09/05/24 08:02 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
AMC, the movie-theater chain and original meme stock, reported first-quarter results after the bell Wednesday, and cited the impact of last year’s Hollywood strikes.
» Warby Parker’s stock rises after company raises guidance and offsets quarterly loss
09/05/24 07:58 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Warby Parker Inc.’s stock was on track to open higher Thursday, after the maker of eyewear raised its full-year revenue guidance and offset a surprise first-quarter loss.
» Companies race to borrow ahead of the Biden-Trump election, with costs of 2017 tax cuts in focus
09/05/24 07:45 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
“There’s obviously concerns about volatility coming into the election,” said Leslie Falconio, head of taxable fixed-income strategy, UBS Wealth Management.
» Yeti’s stock heads for best day in 9 months after earnings beat, raised outlook
09/05/24 07:35 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Yeti’s stock powered higher in Thursday’s premarket, after the drinkware and outdoor-products maker beat first-quarter earnings expectations and raised its full-year outlook, amid strength in coolers and international sales.
» Plug Power’s stock falls as losses dwarf revenue
09/05/24 07:24 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Plug Power’s stock was dropping as sales fell sharply and came up short of expectations.
» Five things to do if your investments aren’t working
09/05/24 07:23 from FT.com - Equities
Think you may have bought a turkey?
» Americans shouldn’t have to endure blocks and delays when wiring money globally
09/05/24 07:21 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Other countries give nonbank payments providers direct access to their nation’s financial system.
» Planet Fitness’ stock slides 11% after company lowers guidance to reflect cautious consumer
09/05/24 07:14 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Planet Fitness Inc.’s stock fell 11% early Thursday, after the operator of fitness centers lowered its full-year guidance to reflect a more cautious consumer that led first-quarter revenue to fall slightly short of estimates.
» I’m 62, own a home, have an IRA, HSA and CDs, but I’m conservative. How do I take my money out when I retire?
09/05/24 07:09 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
“I don’t yet have a good strategy for liquidating my current assets for income.”
» Forget the Social Security crisis. Medicare funding could be a much bigger problem.
09/05/24 07:00 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Your healthcare is still on the line, even if Medicare Part A’s funding will be depleted five years later than expected.
» Fans of Panera Bread’s controversial ‘charged’ lemonades are upset the drinks are going away
09/05/24 07:00 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The fast-casual chain faced concerns and legal action because some customers said they had severe medical reactions to the beverages.
» If the economic outlook is so good, why are people tapping their 401(k)s?
09/05/24 06:57 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Bank of America has suddenly reported a sharp jump in the size of loans and hardship withdrawals from its 401(k) plans
» Jackpot! Slot-machine gamblers could keep more of their winnings from IRS scrutiny under proposed rule.
09/05/24 06:56 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Gamblers who play slot machines may soon be able to win more money before the Internal Revenue Service takes notice — and it could be the recent stretch of hot inflation that melts away some longstanding rules around gambling and taxes.
» Apple iPad Launch Leaves Investors Unimpressed
09/05/24 06:51 from 24/7 Wall St.
The new iPad suffers from the same problem as the iPhone 15. It has better features that most people don’t use, and it is also expensive. The post Apple iPad Launch Leaves Investors Unimpressed appeared first on 24/7 Wall St. .
» Extending Trump’s tax cuts could ‘run the deficit into the stratosphere.’ Here’s how much that could cost.
09/05/24 06:49 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Extending a spate of the 2017 tax cuts enacted under former President Donald Trump could cost $4.6 trillion over 10 years, according to a fresh estimate on Wednesday.
» Oil futures extend rise seen after drop in U.S. crude inventories
09/05/24 06:46 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Oil futures trade higher Thursday, building on bounce seen after data the previous session showed a drop in crude inventories.
» Six Flags’ stock dips after theme park operator posts wider-than-expected loss
09/05/24 06:32 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Six Flags Entertainment Corp.’s stock dipped 0.3% early Thursday, after the theme park operator posted a wider-than-expected first-quarter loss and revenue that lagged estimates.
» Nvidia Still Up 210% in the Past Year
09/05/24 06:30 from 24/7 Wall St.
Despite a brief sell-off recently, Nvidia stock is not on the ropes and the AI movement is still going strong. Investors need not worry. The post Nvidia Still Up 210% in the Past Year appeared first on 24/7 Wall St. .
» Bridgewater’s new CEO says hedge fund must be ‘rewired’ following Ray Dalio’s exit
09/05/24 06:27 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Nir Bar Dea, who took up his position in March 2023, said the fund needs its “independence,” as its performance has faltered in the wake of Dalio’s decision to step down
» Arm crushes earnings expectations, but stock falls as forecast lacks wow factor
09/05/24 06:25 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
After a sharp run for Arm shares recently, they looked set to give back some of their gains after Wednesday afternoon’s earnings report.
» ‘I received accolades’: I reported a toxic coworker who threatened me — and I was terminated after 7 years of stellar employment. What can I do?
09/05/24 06:15 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
“Part of my job was to negotiate and sign contracts on behalf of the organization, such as hotel points.”
» Crossing the Atlantic is no easy fix for Europe’s oil majors
09/05/24 06:13 from FT.com - Financial Markets News
A significant strategic shift is far more important than looking to solutions abroad
» Baidu executive tells staff: ‘I’m not your mum’
09/05/24 06:12 from FT.com - IT
PR boss at Chinese search giant warns she can ruin careers in series of social media videos
» ‘I got seriously burned’: My financial adviser took me for lunch, bought my kids gifts — and had me invest $500,000 in annuities. What should I do?
09/05/24 06:04 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
“When I finally learned I’d been scammed, it took me a decade to pull my money out of the various annuities little by little, year by year.”
» Nippon Steel predicts ‘calmer discussions’ with unions after US presidential election
09/05/24 05:39 from FT.com - Financial Markets News
Japanese company’s $14.9bn proposed purchase of US Steel sparked bipartisan political backlash
» Junior bankers crumble under 90-hour weeks prompting fresh pushback
09/05/24 05:33 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Investment banks are working their juniors as hard as ever, forcing many into working weeks that stretch beyond 90 hours. This is prompting a fresh pushback from analysts and associates to overhaul work-life balance in the sector, accord...
» Sofia Vergara finally sells her glamorous Beverly Hills estate for a reduced price—$13.7 million
09/05/24 05:05 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The actress has at last sold her Tuscan mansion after two years of cutting the price.
» The multi-talented 2025 BMW X5 stands out among midsize luxury SUVs
09/05/24 05:04 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The 2025 BMW X5 is an exceptional contender in the midsize luxury SUV arena, with a multi-talented package.
» Wall Street found a win in the messy FTX bankruptcy
09/05/24 04:44 from FT.com - Financial Markets News
Funds that were willing to buy claims for cents on the dollar and wait for the bankruptcy process to play out have earned
» Milan Cracks Down on Nightlife After Campaign to Lure Visitors
09/05/24 04:44 from NYT > Business Day
City officials worked to make Milan attractive to visitors, but now that some neighborhoods are overwhelmed by rowdy crowds and noise, they’re trying to scale back.
» Neuralink faces problems with first implant ever installed in human brain
09/05/24 04:28 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Elon Musk’s startup said ‘threads’ that connect the implant to Noland Arbaugh’s brain had ‘retracted’ in the weeks following the surgery
» Grading the Chips Act and the other costs of AI
09/05/24 03:49 from FT.com - IT
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
» Why investors should exercise restraint on debt
09/05/24 02:08 from FT.com - Financial Markets News
Moderate use of leverage should usually provide a good-enough return
» How to worry about markets
09/05/24 01:30 from FT.com - Financial Markets News
There’s always bad news somewhere
» The increasingly blurred lines between banks and NBFIs
09/05/24 01:00 from Financial Times - FT Trading Room
Striking a chord (diagram)
» Singapore wants to shake up its stock market
09/05/24 00:00 from FT.com - Financial Markets News
SGX needs help despite the country’s role as a thriving financial centre
» We need an AI constitution that protects our civil rights
09/05/24 00:00 from FT.com - IT
The technology can do wonderful things — but its achievements should not come at the expense of basic protections
» Big Oil boomed under Biden. So why does it hate him?
09/05/24 00:00 from FT.com - Financial Markets News
The president’s focus on tackling climate change has upset US producers, who are instead funding Trump
» South Africa ponders ‘corporate sunset’ for Anglo American
09/05/24 00:00 from FT.com - Financial Markets News
Journey from industrial behemoth to takeover target reflects country’s decline as a mining powerhouse
» Harvest partnership to bring HK-listed crypto ETFs to Singapore
09/05/24 00:00 from FT.com - Financial Markets News
Hong Kong’s first spot crypto ETFs launched at the end of last month
» Emerging market junk bonds are top performers in sovereign debt markets
09/05/24 00:00 from FT.com - Financial Markets News
Resilience of global economy, higher commodity prices and support from IMF help drive returns for lower-rated bonds
» UAE’s al-Jaber invites business chiefs to climate talks on eve of COP29
09/05/24 00:00 from FT.com - Financial Markets News
Head of last year’s climate negotiations holds event in Abu Dhabi for Silicon Valley and oil executives
» Sony and Apollo’s Plan for Paramount: Break It Up
08/05/24 21:25 from NYT > Business Day
CBS and other well-known properties would be sold if Sony and Apollo were able to buy Paramount. But the new owners would keep the movie studio.
» BOJ’s policy board becoming more concerned about effects of a weaker yen
08/05/24 20:57 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The Bank of Japan’s policy board is becoming more concerned about upside risks to its inflation outlook amid the yen’s sharp weakening which leads to higher import prices, according to a summary of opinions from its latest April meeting ...
» Sony, Apollo reportedly plan to break up Paramount if their buyout bid succeeds
08/05/24 20:47 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Paramount Global’s vast entertainment empire would be broken up if a buyout bid from Sony Pictures Entertainment and Apollo Global Management succeeds, according to a new report.
» Duolingo’s longer-term forecast gets brighter, but short-term outlook disappoints
08/05/24 20:41 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Duolingo Inc. on Wednesday said it saw a jump in demand in the first quarter, but investors appeared more concerned about the second, even as the language-learning app offered up more optimism further out.
» Instacart names Uber veteran its new CFO, as results top estimates
08/05/24 20:39 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Maplebear Inc. — the grocery-delivery platform better known as Instacart — said Wednesday that its chief financial officer had resigned, effective immediately, and appointed a veteran of Uber Technologies Inc. in his place.
» Trade Desk scores earnings beat as it continues to ride momentum in connected TV
08/05/24 20:39 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Continued growth in advertisements on connected TV helped Trade Desk Inc. beat earnings expectations for the latest quarter when it reported results Wednesday afternoon.
» AMC’s Q1 loss narrows and ‘better times are ahead’ says CEO Adam Aron
08/05/24 20:38 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
AMC Entertainment Holdings Inc. narrowed its loss in the company’s first-quarter results after the bell Wednesday, and outperformed amid the lingering impact of the Hollywood writers’ and actors’ strikes, according to Chief Executive Ada...
» AppLovin’s stock rallies as earnings highlight improvements in app ad market
08/05/24 20:37 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Investors were liking the latest numbers from AppLovin on Wednesday, as its stock headed higher in the extended session.
» Airbnb expects a stronger summer quarter, spurred by Olympics, but shares fall
08/05/24 20:36 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Online vacation-rental platform Airbnb Inc. on Wednesday forecast second-quarter sales that were below Wall Street’s expectations, largely due to Easter falling in March this year, but the company said big events abroad like the Summer O...
» Robinhood’s stock rises 4% as company swings to profit, drums up more business
08/05/24 20:34 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Robinhood says it snapped up business from brokerage rivals and made inroads among gold investors.
» Beyond Meat faces less demand, more discounts for its fake meat
08/05/24 20:34 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Beyond Meat sees less demand for its plant-based meats, blames inflation and high interest rates.
» My friend, 78, owns a house with his girlfriend, 68. As executor, should I convince him to split his estate 50/50 with his only child from a previous relationship?
08/05/24 20:09 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
“They purchased their house for $360,000, and it is now valued at nearly $700,000. He would like to downsize to a condo due to his health, but she is reluctant as she has custody of two grandchildren.”
» Alibaba to build Vietnam data centre to comply with local storage law
08/05/24 20:00 from FT.com - IT
Chinese tech group currently rents server space from state-owned partners
» Apple’s New iPad Ad Leaves Its Creative Audience Feeling … Flat
08/05/24 19:47 from NYT > Business Day
An ad meant to show how the updated device can do many things has become a metaphor for a community’s fears of the technology industry.
» Arm shares drop as revenue forecast falls short despite AI boom
08/05/24 19:40 from FT.com - IT
Lacklustre outlook raises concerns that spending on artificial intelligence chips could slow
» Disney+, Hulu and Max to be part of new bundle as streaming rivals team up
08/05/24 19:08 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Disney and Warner Bros. Discovery announced a new streaming bundle Wednesday that will be offered to customers beginning this summer.
» Disney, Hulu and Max Streaming Bundle Will Soon Become Available
08/05/24 18:58 from NYT > Business Day
The offering from Disney and Warner Bros. Discovery shows how rival companies are willing to work together to navigate an uncertain entertainment landscape.
» Top Fed official sees surge in private credit as potential vulnerability
08/05/24 18:52 from FT.com - Equities
» U.S. states’ tax revenue from legal cannabis tops $20 billion since 2014: study
08/05/24 17:59 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
U.S. states’ tax revenues from legal cannabis sales have surpassed $20 billion in total since the recreational marijuana industry kicked off 10 years ago, according to a study by the Marijuana Policy Project.
» Better news for Social Security and Medicare doesn’t mean their problems have gone away
08/05/24 17:24 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
This just gives Congress more time to procrastinate on this critical issue
» The hot new hangout for retirees: senior centers
08/05/24 17:24 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Modernized senior centers offer activities and community for a growing population
» The real winner of the Drake-Kendrick Lamar feud is this Chinese restaurant
08/05/24 16:50 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The rap beef between Drake and Kendrick Lamar is leading to more sales of, well, beef.
» Barry Sternlicht says the Fed’s ‘tool kit is flawed’ for this economy, urges Fed rate cuts
08/05/24 16:45 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Regional banks and the federal government are big losers of higher rates, but so are cities reeling from wobbling commercial real estate, says Starwood Property Trust’s CEO.
» Apple’s shockingly bad iPad ad is poorly timed and raising many questions
08/05/24 16:31 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Apple Inc.’s new ad for the latest iPad is a shockingly bad image for a company that has for years sold its products to creators, sparking a fury of outraged comments among consumers and its customers.
» Bitcoin is trading sideways, but get ready for another rally in September
08/05/24 16:27 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.
» Top 25 High Yield Dividend Stocks for May 2024
08/05/24 16:25 from 24/7 Wall St.
High-yield dividend stocks are great for investors looking for a more immediate return on their investment, rather than waiting purely for the stock to appreciate in price over time. Getting paid to wait sounds pretty good to me! But of ...
» Uber Earnings Disappoint Amid High Legal Bills, Weak Rider Demand
08/05/24 16:15 from NYT > Business Day
The company has racked up bills after long-running legal fights with regulators and cabdrivers.
» Bill Hwang lost $35 billion in a spectacular trading implosion. Now, prosecutors will try to prove it was a crime.
08/05/24 16:15 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The hedge fund trader stands accused of misleading banks and manipulating prices through huge, shadowy stock buys, but he argues he did nothing illegal.
» Airbnb wary of slowdown after early Easter sparks jump in profits
08/05/24 16:05 from FT.com - IT
Home rental platform’s revenue growth forecast of 8%-10% in the second quarter is below recent trend
» 10-year Treasury yield finishes higher for first time in six sessions
08/05/24 15:40 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Yields on U.S. government debt closed higher on Wednesday after lackluster demand at a 10-year-note auction left the Treasury market’s selling momentum intact.
» Oil prices end higher after dipping to eight-week lows as U.S. crude supplies fall
08/05/24 15:37 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Oil futures settled higher on Wednesday, finding support after a brief dip to their lowest levels in about eight weeks, as U.S. government data showed an unexpected weekly decline in domestic crude inventories.
» Price of engineered-wood siding soars 38%, fueling earnings beat for LP Building
08/05/24 15:27 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
LP Building’s stock took flight Wednesday toward a fresh record close, after the wood building products maker beat first-quarter earnings expectations and raised its full-year outlook.
» Apple’s AI future can be summed up with a big question mark
08/05/24 15:25 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
How will ‘Apple Intelligence’ differ from Google, Amazon and other rivals?
» Credit scores got ‘artificially higher’ during COVID. Now many borrowers can’t pay their debts.
08/05/24 15:09 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Pandemic-era policies appear to have produced “artificially higher” consumer credit scores, according to Columbia Threadneedle.
» Stock-market crash fears are fading, according to options traders
08/05/24 14:55 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
As U.S. stocks have rebound from last month’s selloff, options traders aren’t buying as many contracts that would pay off if the market were to crash.
» Wells Fargo names JPM veteran as corporate and investment bank co-CEO in bulk-up
08/05/24 14:52 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Fernando Rivas is joining the bank as it staffs up its investment-banking practice.
» FTX Customers Poised to Recover All Funds Lost in Collapse
08/05/24 14:25 from NYT > Business Day
Bankruptcy lawyers for FTX said customers of the cryptocurrency exchange were set to get all their money back, plus interest.
» Apple’s walled ecosystem is cracking in Europe, but revenue is still protected
08/05/24 14:22 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Apple is astutely guarding its proprietary golden goose.
» Here’s an investment strategy geared to give you a smooth ride down Wall Street
08/05/24 14:20 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Why slow and steady really does win the race.
» AstraZeneca Is Withdrawing Its Covid Vaccine Worldwide, Citing Low Demand
08/05/24 13:58 from NYT > Business Day
The shot is no longer being manufactured or supplied, and it is no longer authorized for use in Europe.
» 5 Honda Accord Years to Avoid and 5 Years to Own
08/05/24 13:50 from 24/7 Wall St.
One of the most popular mid-size sedans on the road today, the Honda Accord needs no introduction. This hugely popular car has been around since 1976 in various capacities. What started as a compact vehicle became a mid-size reliability ...
» Two more reasons for Victoria’s Secret’s troubles? Kim Kardashian and Rihanna, analyst suggests.
08/05/24 13:46 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Analysts are worried about Victoria’s Secret losing market share — potentially to brands from celebrities like Kim Kardashian and Rihanna — and cutting prices in an effort to spur demand.
» Stock-market bulls shouldn’t fear a long Fed pause before interest-rate cuts
08/05/24 13:41 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
History shows the S&P 500 tends to do well when the Federal Reserve leaves rates on hold.
» U.S. prosecutors are examining whether Tesla committed securities or wire fraud in Autopilot probe: Reuters
08/05/24 13:24 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Prosecutors are reviewing whether Telsa or CEO Elon Musk told consumers that self-driving technology means cars can drive themselves.
» Why coffee futures may have already hit their peak for the year
08/05/24 13:22 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Coffee futures rallied last month, with the benchmark robusta variety climbing to a record and prices for arabica at their highest since 2022. But analysts suggest that prices for both have topped out for the year as weather conditions i...
» The real reason why Wall Street’s ‘fear gauge’ seems so low right now
08/05/24 13:13 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Forget the conspiracy theories about the Vix being ‘broken’. The real reason why the index is so low is because that’s exactly where stocks put it.
» How to keep young people safe online
08/05/24 13:10 from FT.com - IT
Other countries are closely watching Britain’s attempts to take a lead
» These Are the 15 Largest Houses in America, Ranked
08/05/24 13:09 from 24/7 Wall St.
At this point in history, it feels like many Americans are just fighting to own a home, instead of renting, even in the most affordable housing markets. Even small apartments are hard for people to come by. But that’s not the case ...
» Wall Street Loves This 9% Dividend Stock and So Will Passive Income Investors
08/05/24 12:58 from 24/7 Wall St.
Investors have choices when looking for passive income. Some common stocks pay dividends out of the company’s excess profits (dividends are discretionary). Other investments have an obligation to provide income. For example, corporate bo...
» Boeing’s Starliner launch pushed back to May 17 for first crewed mission
08/05/24 12:52 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The historic first crewed launch of Boeing Co.’s Starliner spacecraft will take place no earlier than May 17, after Monday’s launch attempt was scrubbed two hours before takeoff.
» Fed’s Collins says she’s not surprised by unwelcome inflation data
08/05/24 12:51 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Boston Fed President Susan Collins said Wednesday that she wasn’t surprised by the unwelcome news on inflation given the rapid progress seen last year, but she added that the economy needs to slow more in order to cool price pressures in...
» These States Get F Grades For Their Gun Laws
08/05/24 12:37 from 24/7 Wall St.
On March 22, 2022, Alabama’s Governor Kay Ivey signed HB 272, also known as the constitutional carry bill, into law. Ivey is quoted as saying, “Alabama is reaffirming our commitment to defending our Second Amendment rights.&#...
» Traders boost bullish bets on European gas prices
08/05/24 12:36 from FT.com - Financial Markets News
Wagers on rising prices point to concerns over potential supply disruptions
» Icahn Enterprises says it will keep paying its $1 quarterly dividend
08/05/24 12:30 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Carl Icahn’s investing arm narrowed its loss in the first quarter even as revenue fell.
» Shopify’s stock slides 19% after company swings to quarterly loss
08/05/24 12:27 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Shopify is expecting its gross margin to shrink by 50 basis points in the second quarter.
» Wall Street Thinks This Warren Buffett Stock Pick Has 27% Upside
08/05/24 12:25 from 24/7 Wall St.
Analysts don't seem to have as much faith in Apple as Warren Buffett does, but the do have high hopes for another Buffett pick, Sirius XM. The post Wall Street Thinks This Warren Buffett Stock Pick Has 27% Upside appeared first on 24/7 W...
» Biden Looks to Thwart Surge of Chinese Imports
08/05/24 12:24 from NYT > Business Day
The president has proposed new barriers to Chinese electric vehicles, steel and other goods in an attempt to protect his manufacturing agenda.
» FTSE 100 notches longest run of record closing highs in 15 months
08/05/24 12:11 from FT.com - Financial Markets News
» The Most Iconic Black Hawk Helicopters Ever Built
08/05/24 12:10 from 24/7 Wall St.
The UH-60 Black Hawk is by far one of the most popular and prolific military helicopters in the world. It plays a variety of roles like search and rescue, reconnaissance, transport and close-air support. Sikorsky Aircraft originally intr...
» Trial About to Begin for Billionaire Trader Accused of ‘Pump and Brag Scheme’
08/05/24 12:08 from NYT > Business Day
The hedge fund is accused of borrowing money from banks to buy stocks.
» Angry shoppers are fighting back against inflation — even the wealthy ones. Companies are feeling it.
08/05/24 12:02 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
“Let’s stop buying from these jokers,” one consumer said. “I bet they reduce these prices real quick.”
» Tesla Shareholders to Vote on Paying Elon Musk and More
08/05/24 11:55 from 24/7 Wall St.
Tesla (Nasdaq: TSLA) shareholders have a bigger agenda than usual ahead of this year’s shareholder meeting in mid-June. The EV maker’s board of directors has asked investors to vote on two important issues: incorporating Tesl...
» Here’s why Rivian is still a ‘show-me story’
08/05/24 11:48 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Rivian Automotive Inc.’s stock may regain investor interest if the electric-vehicle maker achieves a measure of profitability later this year, but for now most Wall Street analysts remain on the sidelines.
» Applebee’s and IHOP parent suffers rare profit miss as consumers remain cautious
08/05/24 11:45 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Stock falls premarket as same-restaurant sales for both Applebee’s and IHOP chains fell more than expected.
» Towns in New York With the Worst Poverty
08/05/24 11:41 from 24/7 Wall St.
More than 60 years have passed since President Lyndon Johnson declared war on poverty, and yet, poverty remains endemic in the United States. In any given year over the last three decades, anywhere from 31.6 million to 48.8 million Ameri...
» Don’t even think about renting in NYC or Boston unless you make well over $100,000 a year
08/05/24 11:38 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
A new Zillow report reveals exactly how much annual income someone needs to comfortably pay the exorbitant housing costs in the Big Apple and other major cities.
» FCA surprised by criticism over ‘name and shame’ proposal, says chair
08/05/24 11:37 from FT.com - Financial Markets News
Ashley Alder says ‘no decision made’ after City minister defends right of government to question watchdog’s actions
» New York Times stock gains as adjusted profit rises by 41%
08/05/24 11:37 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Digital subscriptions rise by 210,000 in a ’strong start’ for the year.
» Fitch cuts NYCB’s debt rating deeper into junk territory but says outlook remains stable
08/05/24 11:28 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Analyst cites “weaker earnings and profitability profile in addition to execution risk.”
» Stocks and bonds haven’t been this in sync in decades: why both still deserve space in your portfolio
08/05/24 11:26 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The notion that stocks should rise while bond prices fall, and vice versa, is an enduring piece of investing conventional wisdom. But history shows the relationship between the two asset classes is more complicated.
» Monster Beverage launches $3 billion stock buyback
08/05/24 11:24 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Beverage company’s chief executive may sell up to about $33 million of stock to provide “flexibility.”
» Intel’s stock drops after Biden administration bans some sales to China’s Huawei
08/05/24 11:21 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Intel’s stock took a hit Wednesday after the semiconductor giant disclosed that a U.S. government ruling will stop the export of some of the company’s products to a customer in China.
» Is Align Technology Stock A Buy?
08/05/24 11:13 from 24/7 Wall St.
Align Technology (NASDAQ: ALGN), most notably the makers of Invisalign aligners specializes in orthodontic devices and restorative treatment has been through a whirlwind the past 2 years, with its stock price dropping 60% since its high ...
» Top American-Made 9mm Pistol Companies
08/05/24 11:05 from 24/7 Wall St.
Pistols, particularly semi-automatic handguns, have surged in popularity with American gun owners in recent years. According to the Bureau of Alcohol, Tobacco, Firearms, and Explosives, the number of pistols manufactured in the U.S. more...
» Google DeepMind unveils AI model for living cells
08/05/24 11:00 from FT.com - IT
AlphaFold 3 aims to reveal biological secrets and boost drug search efforts
» Snap takes advantage of recent stock surge to sell convertible debt
08/05/24 10:34 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Snap’s stock pulled back Wednesday after the parent of the video-messaging app Snapchat planned to take advantage of the recent runup in its stock price to sell convertible debt.
» Will Social Security still be around when you retire? That’s at least a $500,000 question.
08/05/24 10:31 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
If you’re worried about the projected shortfall that will come in 2035, here’s how to do the math on your own retirement-success chances.
» Wholesale inventories fall in March
08/05/24 10:27 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The depletion of private inventories subtracted from the U.S. GDP in the first quarter.
» Home builders’ stocks have soared since we said they were cheap. These five are expected to grow profits rapidly through 2025.
08/05/24 10:25 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Demand for new homes has been strong, despite high mortgage-loan rates.
» Why Uber Is Tanking Today
08/05/24 10:11 from 24/7 Wall St.
Uber (NYSE: UBER) is one of the major laggards today, down 5.5% at the opening bell after investors were unsatisfied with the company’s first quarter performance. Analysts were expecting another quarter profit, keeping the positive mome...
» Sweetgreen Is Introducing Steak. What About Its Climate Goals?
08/05/24 10:08 from NYT > Business Day
The fast-casual chain aims to be climate neutral by 2027, but beef is a big contributor to climate change.
» Affirm’s upbeat earnings reflect differentiated buy-now-pay-later approach
08/05/24 09:57 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Affirm, the buy-now-pay-later company, issued upbeat results and guidance.
» These are the potential ‘shock’ scenarios around next week’s inflation data, says Goldman Sachs
08/05/24 09:56 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Next week’s CPI data could “shock” the market in a couple of ways, cautions Goldman Sachs.
» Reddit’s first post-IPO results are ‘mission accomplished,’ with international and data-licensing opportunities ahead
08/05/24 09:48 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Reddit Inc.’s first quarterly results as a public company sent the company’s stock surging on better-than-expected revenue and a narrower-than-expected loss. Analysts say there are international and new data-licensing opportunities ahead...
» Norfolk Southern Faces Activist Investor Challenge
08/05/24 09:45 from NYT > Business Day
A year after a derailment in Ohio raised questions about rail safety, an investment firm is seeking to install new management in an effort to increase profits.
» Sweden cuts interest rates as Europe diverges from Fed
08/05/24 09:31 from FT.com - Financial Markets News
Krona falls against dollar after Riksbank trims main rate to 3.75%, its first reduction for eight years
» See the States With the Loosest Gun Laws
08/05/24 09:28 from 24/7 Wall St.
On March 22, 2022, Alabama’s Governor Kay Ivey signed HB 272, also known as the constitutional carry bill, into law. Ivey is quoted as saying, “Alabama is reaffirming our commitment to defending our Second Amendment rights.&#...
» Why Uber’s stock is having a bumpy ride after earnings
08/05/24 09:23 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Uber Technologies Inc. posted mixed earnings on Wednesday, beating estimates on an adjusted profit metric while giving an outlook for bookings that was below expectations.
» Teva Pharmaceutical’s stock climbs as schizophrenia treatment shows promise
08/05/24 09:15 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Teva Pharmaceutical Industries stock jumped more than 6% early Wednesday after the company reported first-quarter sales that topped estimates and released positive late-stage trial data on a schizophrenia treatment.
» Tripadvisor’s stock could see record plunge as potential buyout plans dropped
08/05/24 09:15 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Tripadvisor’s stock took a dive premarket Wednesday, after the online travel-booking company said it decided pursuing a potential sale would not be in the best interest of the company or its shareholders.
» US revokes licences for supply of chips to China’s Huawei
08/05/24 09:05 from FT.com - IT
Move marks Biden administration’s latest effort to target Chinese tech sector
» Every Russian Tank Ever Built
08/05/24 09:04 from 24/7 Wall St.
Russian tanks have been highly influential on the battlefield since they rolled onto the scene in the early 20th century. From the battlefields of World War II to the current conflict in Ukraine, Russian tanks are marked by a history of ...
» AstraZeneca withdraws COVID-19 vaccine
08/05/24 08:47 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
AstraZeneca said it’s withdrawing its COVID-19 vaccine worldwide, with the company saying there’s a surplus of available vaccines that are available.
» Every State’s City With The Most Billionaires
08/05/24 08:37 from 24/7 Wall St.
From booming tech hubs to established family dynasties, many factors influence where billionaires choose to live. Out of the estimated 2,640 billionaires in the world, 754 live in the United States, the most of any country. While there a...
» Virgin Galactic’s better-than-expected cash burn a positive sign, says KeyBanc
08/05/24 08:37 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Virgin Galactic Holdings Inc. gave an update on its closely-monitored cash position when it reported its first-quarter results after the bell Tuesday, with the company’s cash burn, in particular, attracting attention.
» China rally hasn’t been chased by options traders, Bank of America says
08/05/24 07:54 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The rally in Chinese stocks may have legs because options traders have yet to chase it, say analysts at Bank of America.
» TikTok’s Future in U.S. Depends on Bet on First Amendment
08/05/24 07:46 from NYT > Business Day
The popular video-sharing app faces uncertain odds as it takes its fight to court to turn back a potential ban in the United States.
» New York Times Adds 210,000 Digital Subscribers in Quarter
08/05/24 07:21 from NYT > Business Day
Adjusted operating profit was $76.1 million, an increase of about 41 percent from a year earlier.
» Datacenter REIT Digital Realty sells $1.5 billion worth of stock
08/05/24 07:21 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Shares of Digital Realty Trust were set to drop Wednesday, after the data-center real-estate investment trust announced the sale of roughly $1.5 billion worth of stock.
» Hong Kong Court Bans ‘Glory to Hong Kong,’ a Pro-Democracy Song
08/05/24 07:14 from NYT > Business Day
The decision could give the government power to force Google and other tech companies to limit access to “Glory to Hong Kong,” an anthem of 2019 protests.
» International Paper, Suzano pour cold water on report of $15 billion merger deal
08/05/24 07:13 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
IP shares dip 1% in premarket trades after the company says it’s focused on buying DS Smith despite “speculation.”
» Uber’s results hit by legal costs after decade of regulatory battles
08/05/24 07:10 from FT.com - IT
First-quarter operating profit sharply misses analysts’ expectations after payouts related to driver lawsuits
» Roth IRA holdings have shot up among young households
08/05/24 07:04 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Fintech is making it easy to use these accounts
» Uncle Sam wants you . . . to buy green bonds?
08/05/24 07:00 from FT.com - Financial Markets News
Also in today’s newsletter, why corporate clean energy demand is making trouble for accountants
» First-time home buyers pounce as 30-year FHA loan rate dives below 7%
08/05/24 07:00 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Mortgage applications rose 2.6% in the last week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 7.18%.
» Disney Investors Regret That CEO Iger Wasn’t Kicked Out
08/05/24 06:52 from 24/7 Wall St.
Disney CEO Bob Iger was left standing after the proxy war with Nelson Peltz, to the detriment of the entertainment giant. The post Disney Investors Regret That CEO Iger Wasn’t Kicked Out appeared first on 24/7 Wall St. .
» This Is the World’s Hottest Car Company
08/05/24 06:23 from 24/7 Wall St.
Nio can count itself as one of the world’s most successful car companies. The electric vehicle maker is doing well in China and poised to do well elsewhere. The post This Is the World’s Hottest Car Company appeared first on 24/7 Wa...
» Toyota profit surges amid hybrid demand as BMW sees net income slump
08/05/24 06:01 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Toyota said a combination of higher sales and stronger margins saw it more than double its profits in the first quarter of 2024, as its rival BMW saw its profits slump
» Investor enthusiasm drops in signature Trump economic programme
08/05/24 06:00 from FT.com - Financial Markets News
Higher interest rates and inflation undercut allure of tax-advantaged Opportunity Zones
» Former Google CEO lists his $24.5 million estate in the country’s most expensive ZIP Code
08/05/24 05:04 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Tech titan Eric Schmidt and his wife Wendy Schmidt are selling their lavish abode in Atherton, Calif.
» Lyft puts up another quarter of positive free cash flow, following jump in rides
08/05/24 05:03 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Ride-hailing service Lyft Inc. on Tuesday said it put up its second straight quarter of positive free cash flow, and said it expected higher cash generation for the year after a jump in rides and active riders.
» Billions in Chips Grants Are Expected to Fuel Industry Growth, Report Finds
08/05/24 05:01 from NYT > Business Day
The United States will triple its domestic chip manufacturing capacity by 2032, the largest increase in the world, according to a report from the Semiconductor Industry Association.
» Why old-school off-road SUVs are making a comeback
08/05/24 05:01 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
They may seem counterintuitive in light of the emphasis on electrification, but these off-road SUVs make all the sense in the world.
» Here are 10 top station wagons for 2024-25
08/05/24 04:58 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Some of these excellent wagons are high-performance, others are surprisingly capable off-road.
» Informa strikes AI deal with Microsoft
08/05/24 04:43 from FT.com - IT
Exhibitions group nudges up guidance and raises buyback after bounce back in events
» Sweden becomes second major central bank to cut rates
08/05/24 04:38 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The dollar rallied against the Swedish krona on Thursday after Sweden’s Riksbank became the second major central bank to cut interest rates this cycle.
» Royal Society and academics clash over influence of oil and gas industry
08/05/24 04:14 from FT.com - Financial Markets News
Three-centuries-old institution rebuffs call to declare fossil fuel companies culpable for global warming
» The Most Important Events of WWII: A Timeline
08/05/24 03:46 from 24/7 Wall St.
World War II stands as one of the most important events in human history. It shaped much of the current geopolitical landscape and altered the balance of power for the second half of the 20th century, leading to the rise of the United St...
» Anheuser-Busch InBev tops estimates in last quarter where Bud Light boycott hits growth
08/05/24 03:44 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Anheuser-Busch InBev reported stronger-than-forecast first-quarter profits in what was the final period where the consumer boycott of Bud Light will impact growth.
» Outage Causes Delays at U.K. Airports’ Immigration Checkpoints
08/05/24 03:43 from NYT > Business Day
Airport officials said Tuesday that a system outage affecting the Border Force’s immigration gates had caused long waits for passengers arriving in Britain. The issue was resolved early Wednesday.
» In China, Ruled by Men, Women Quietly Find a Powerful Voice
08/05/24 03:12 from NYT > Business Day
Women in Shanghai gather in bars, salons and bookstores to reclaim their identities as the country’s leader calls for China to adopt a “childbearing culture.”
» Every Rank in the US Air Force, And What They’re Paid
08/05/24 02:25 from 24/7 Wall St.
Up until the establishment of the U.S. Space Force in 2019, the U.S. Air Force has been the youngest branch in the U.S. armed forces, established just in 1947. The branch’s history, however, begins with the U.S. Army Signal Corps, which ...
» Berkshire’s next move
08/05/24 01:30 from FT.com - Financial Markets News
What’s a conglomerate for?
» Train maker Alstom plans €1bn rights issue to trim debt
08/05/24 01:30 from FT.com - Financial Markets News
French group in talks with UK government over salvaging Derby factory says its free cash flow is set to improve
» M&A will not help with looming copper shortage, warns Barrick chief
08/05/24 00:00 from FT.com - Financial Markets News
Amid BHP approach for Anglo, prolific dealmaker says consolidation does not guarantee more production
» Pandemic-era winners suffer $1.5tn fall in market value
08/05/24 00:00 from FT.com - Equities
Top 50 biggest stock gainers hit by painful decrease since the end of 2020 as lockdown trends fade
» Deutsche Bank’s DWS inflated client asset inflows by billions of euros
08/05/24 00:00 from FT.com - Financial Markets News
Frankfurt-listed asset manager included low-fee advisory assets in its calculations for years
» The next critical mineral source could be volcanic soup
08/05/24 00:00 from FT.com - Financial Markets News
Geologists are exploring whether magmatic brine can be tapped for dissolved treasure such as lithium, copper and cobalt
» Angola agrees deal with China state bank to ease debt crunch
08/05/24 00:00 from FT.com - Financial Markets News
Africa’s second-biggest oil producer unlocks cash from a Chinese-controlled account to pay interest on a crucial loan
» Was the Archegos implosion illegal?
08/05/24 00:00 from Financial Times - FT Trading Room
Criminal trial of founder Bill Hwang begins this week
» Traders bet against sterling in belief BoE will cut rates by summer
07/05/24 23:00 from FT.com - Financial Markets News
Investors raise short positions to 16-month high as conviction grows that UK borrowing costs will fall ahead of the US
» KKR to acquire Perpetual’s wealth management, corporate businesses for $1.4 billion
07/05/24 22:51 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
CEO Rob Adams will retire following a period of orderly transition upon the completion of the deal.
» ‘I wonder if he’s on commission’: A psychiatrist online prescribed me Prozac, punched the air in celebration — and suggested I have a beer. Is this normal?
07/05/24 21:16 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
“I processed a $50 copay, and attended my appointment with the psychiatrist. It went fast, and every time I asked a question about antidepressants, he popped a medical study in the chat box.”
» Most FTX account holders will get their money back after bankruptcy
07/05/24 21:11 from FT.com - Financial Markets News
Reorganisation plan for Sam Bankman-Fried’s failed crypto exchange will pay 118 cents on the dollar
» ‘I want to die “young” as late as possible,’ says 83-year-old triathlete doctor who reinvented himself after a midlife crisis
07/05/24 21:11 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Joseph Maroon says he’s too busy to slow down.
» Astera Labs’ blowout first earnings report is met with a sagging stock reaction
07/05/24 20:12 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
A sharp rally in the lead-up to Astera Labs’ earnings could help explain the stock’s negative reaction to better-than-expected results, as it could have raised the bar for the report.
» Upstart beats on earnings, but a forecast miss sends the stock sliding
07/05/24 20:10 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The AI-oriented lending company is hoping to see a return to sequential growth in the second half of 2024.
» Grocery Outlet’s technical issues are piling up for its stock
07/05/24 20:10 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Shares of Grocery Outlet Holding Corp. tumbled after hours on Tuesday after the bargain grocery chain cut its full-year profit outlook — saying glitches related to a technological upgrade hit its bottom line harder than expected.
» Reddit shares soar on revenue beat, narrower-than-expected loss in first post-IPO results
07/05/24 20:09 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Reddit Inc. reported its first results as a public company Tuesday, with the social-media platform reporting better-than-expected revenue and a narrower-than-expected loss for the first quarter.
» 8 Dave Ramsey Quotes About Debt You Need To Hear
07/05/24 19:59 from 24/7 Wall St.
When it comes to debt, personal financial advice guru Dave Ramsey is quite staunch in his opinion towards it. Clearly, he is not a fan. In fact, he strongly believes that debt is not only a heavy financial burden, but it can potentially ...
» Probe finds misogynistic ‘boys club’ culture at US bank regulator
07/05/24 19:18 from FT.com - Financial Markets News
FDIC chair Gruenberg faces fresh calls to quit after being singled out as an angry boss who lacks trust to lead change
» Finance hurdles for SMEs threaten to stymie UK growth, say MPs
07/05/24 19:02 from FT.com - Financial Markets News
Report into access to finance recommends that FCA oblige banks to share account closures on a quarterly basis
» Ofcom adds pressure on tech industry to protect children online
07/05/24 19:01 from FT.com - IT
UK regulator spells out dozens of measures companies must comply with as part of stringent new legislation
» What should the Bank of Japan do with its huge stock portfolio?
07/05/24 19:01 from FT.com - Financial Markets News
The central bank has called time on its ETF buying but has yet to to say what it will do with its massive investments
» Senators Seek to Curb Facial Recognition at Airports, Citing Privacy Concerns
07/05/24 18:47 from NYT > Business Day
A bipartisan group of lawmakers is pushing to add language to the reauthorization of the Federal Aviation Administration that would halt expansion of the technology.
» Dutch Bros stock climbs on earnings as coffee chain dodges Starbucks’ harsh selloff
07/05/24 18:35 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Starbucks Corp. may have been punished by the stock market last week after warning of a more cautious coffee drinker and stiffer competition — but on Tuesday, one of its smaller, more casual peers saw nothing of the sort from Wall Street.
» AMC and Cinemark yet to reclaim ‘pre-COVID glory’ as foot traffic still well below pre-pandemic levels, research finds
07/05/24 18:31 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Movie theater chain and original meme stock AMC reports first-quarter results after market close Wednesday.
» Reddit beats expectations in first results as a public company
07/05/24 18:28 from FT.com - IT
Social media site reports strong user growth but cautions that US election could affect advertising
» Disney’s theme parks were a bright spot this quarter, but major competition looms
07/05/24 18:25 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Disney plans $60 billion in theme-park capex over the next decade, as battle with Comcast’s Universal heats up.
» Outage Causes Delays at U.K. Airports’ Immigration Checkpoints
07/05/24 18:13 from NYT > Business Day
Airport officials said that a system outage affecting the Border Force’s immigration gates was causing long waits for passengers arriving in Britain.
» Inquiry Finds a Toxic Culture at the F.D.I.C., and Takes Aim at Its Leader
07/05/24 18:12 from NYT > Business Day
Bad workplace behavior was pervasive at the bank regulator, according to an investigation that questioned whether things can improve without a change in leadership.
» Rivian’s losses widen and stock falls 5%, but execs see profit outlook improving
07/05/24 18:11 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Rivian reveals a mixed quarter, and stock drops in the after-hours session.
» Former Yahoo CEO Marissa Mayer joins Nextdoor’s board of directors
07/05/24 17:34 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Nextdoor has named three new directors to its board, including Marissa Mayer, the former chief executive of Yahoo.
» Rivian reaffirms 2024 production goals even as EV sales growth slows
07/05/24 17:21 from FT.com - Financial Markets News
» Arista Networks OKs $1.2 billion in buybacks as revenue jumps on strong cloud demand
07/05/24 17:07 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Arista Networks said its revenue rose more than expected in the first quarter and authorized $1.2 billion in share buybacks.
» Here’s how much Virgin Galactic earned from space tourists last quarter
07/05/24 17:04 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Virgin Galactic Holdings Inc. said late Tuesday it racked up $2 million in revenue in the first quarter, mostly from commercial spaceflight and membership fees from future space tourists.
» Robinhood’s SEC battle asks if crypto is a security. The answer could change how we trade.
07/05/24 16:51 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The way crypto is traded may be a factor in the debate over whether the digital asset is a security.
» Wynn Resorts’ profit soars thanks to higher revenue across all segments
07/05/24 16:50 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Wynn Resorts posted a higher profit in the first quarter as all four of the company’s segments logged higher operating revenues.
» Match Group’s Tinder posts further decline in payers, but Q1 results still top estimates
07/05/24 16:48 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Match Group posted further declines in the number of paying users at dating app Tinder, an issue that is likely to exacerbate concerns about saturation in the online dating space despite otherwise solid first-quarter results.
» IRobot names new CEO, posts Q1 profit amid steep layoffs
07/05/24 16:45 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
IRobot swung to a profit in the first quarter and trimmed its outlook for full-year losses after the company completed most of its planned cost cuts.
» Stocks and commodities haven’t moved in lockstep like this since 1980. Here’s what investors need to know.
07/05/24 16:30 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
U.S. stocks and commodities haven’t moved in tandem like this in over four decades — potentially worrying investors who want to include commodities in their portfolios to mitigate risk and volatility in the financial markets.
» These U.S. stocks could suffer most from stagflation, Barclays says
07/05/24 16:17 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The specter of waning U.S. demand combined with persistent inflation is adding up to the potential for a stagflationary environment that could hit some well-known stock names, according to one Wall Street bank.
» Disney Reports Strong Earnings but Warns of Bumps Ahead
07/05/24 16:11 from NYT > Business Day
In a surprise, Disney+ made money for the first time in the latest quarter, but the company said it expected a slowdown in its parks division.
» TikTok Sues US Government Over Potential Ban
07/05/24 16:03 from NYT > Business Day
The social media company and its Chinese parent, ByteDance, sued to challenge the new law, saying it violated users’ First Amendment rights.
» 10-year Treasury yield ends at four-week low in quiet trading session
07/05/24 15:57 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Treasurys rallied on Tuesday, spurred by buying which initially emerged during the Asia session and sent long-term yields to their lowest levels in weeks.
» U.S. consumers pull back sharply on credit-card use in March
07/05/24 15:37 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Total consumer credit rose at a slower pace in March, the Federal Reserve reported Tuesday.
» Oil prices touch lowest levels since mid-March as Russia signals OPEC+ output rise possible
07/05/24 15:20 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Oil futures finish modestly lower Tuesday as Russia indicates OPEC+ could consider raising crude output and Israel rejects a Gaza cease-fire proposal.
» Bonds are getting a boost from oil’s dip below $80 a barrel
07/05/24 15:19 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
U.S. bonds have been getting a boost from oil prices that have dipped below $80 a barrel.
» Where to Invest $20,000 Right Now
07/05/24 15:17 from 24/7 Wall St.
Have $20,000 and wondering where to invest it? The answer isn’t the same for everyone. Depending on your age and risk tolerance, the perfect ETF for you could be completely different from the one of us! Luckily, there are tons of ...
» Canopy USA exercises options to buy Wana Brands and Jetty Extracts as it moves into the U.S.
07/05/24 15:16 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Canopy Growth made a $297.5 million up-front payment to Wana Brands in 2021.
» Nikola’s stock drops as revenue fell to less than half what was expected
07/05/24 15:07 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Nikola’s stock dropped premarket Tuesday, reversing a brief gain, after the electric-truck maker reported first-quarter revenue that fell to less than half what was expected, offsetting a narrower-than-expected loss.
» What the U.S. dollar’s ‘surprise’ rally in 2024 means for stocks
07/05/24 15:07 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The strengthening U.S. dollar is raising investor worries over what the greenback’s rise so far in 2024 may mean for stocks.
» As TikTok sues to stop potential ban, Steven Mnuchin warns legal fight may prevent him from buying the app
07/05/24 14:50 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
TikTok and parent company ByteDance have filed a lawsuit that challenges a new U.S. law that could lead to a nationwide ban for the app.
» TikTok challenges ‘extreme’ US divest-or-ban bill in court
07/05/24 14:49 from FT.com - IT
Lawsuit including parent company ByteDance claims legislation would breach free speech rights
» Crocs’ stock gains 6% as earnings beat offsets softness for Heydude brand
07/05/24 14:49 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Crocs Inc.’s stock rose more than 6% Tuesday, after the casual-footwear company’s stronger-than-expected first-quarter earnings offset weak demand for its Heydude brand, which is expected to see sales fall this year.