Why the Magnificent Seven and Other Momentum Stocks May Be Hitting A Wall
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Magnificent Seven Power Stocks' Rebound
Nasdaq’s gains accelerated Friday while energy stocks edged lower amid earnings reports from Exxon and Chevron.The Wall Street Journal - World -
As Meta’s stock slides, investors are flocking to its bonds and other Magnificent Seven debt
As Meta Platform Inc.’s stock suffers a bruising 13% rout on Thursday, investors are flocking to its bonds, which are seeing the most net buying of any of the so-called Magnificent Seven companies.MarketWatch - Business -
Meta earnings weigh on Magnificent Seven stocks. Here’s why investors shouldn’t panic.
Analysts see opportunity coming out of Meta’s earnings and advise investors to wait for other reports before cutting tech positions.MarketWatch - Business -
Worried about the volatility in Magnificent Seven stocks? Take a look at the companies’ short-dated bonds.
As their stocks sell off, Magnificent Seven companies’ two-year bonds are looking attractive.MarketWatch - Business -
The timing may be just right to buy Nvidia or other semiconductor stocks
So far this year, the PHLX Semiconductor Index has increased 8.7% (with dividends reinvested), but it has declined 7.7% in April. Meanwhile, shares of industry star Nvidia Inc. have declined 12% this month.MarketWatch - Business -
Stock-market pessimism is climbing. Why it’s still not bad enough to imply stocks hit a bottom.
Stocks could have more room to fall before they touch bottom, says Tom Essaye, founder of Sevens Report Research.MarketWatch - Business -
Schtick’s Pop-Up Event Series for Seder Celebrates Jewish Culture
The dinner parties held by Shtick, a pop-up series celebrating Jewish culture, draw out New York’s influencers, artists, designers and celebrities.The New York Times - Lifestyle -
Why you should get a home equity loan before May
If you're thinking about getting a home equity loan, you may want to do so before May. Here's why.CBS News - Top stories -
Why the Fed keeping rates higher for longer may not be such a bad thing
With the economy humming along and the stock market, despite some recent twists and turns, hanging in there pretty well, it’s a tough case to sell that higher interest rates are having a substantially negative impact on the economy.NBC News - Top stories - Federal Reserve -
The Uncertainty Effect: Why IPOs May Be on Hold Until Post-Election
Historical trends suggest presidential elections don't move the needle, but certain companies have delayed their IPOs because of presidential elections--and 2024 will be a divisive one.Inc. - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Pentagon rushes $1bn in weapons to Kyiv after Biden signs aid bill
US president says ‘we need to move fast’ as Ukrainian troops falter on front linesFinancial Times - Business - Joe Biden -
Biden campaign will continue to use TikTok despite divest-or-ban law
US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger votersFinancial Times - World - Joe Biden -
Stocks on Track for Weekly Gains as PCE Inflation Hits 2.7%
Stocks climbed, putting the major U.S. indexes on course for weekly gains despite another round of firm inflation data.The Wall Street Journal - World -
Stocks on Track for Weekly Gains as PCE Inflation Hits 2.7%
Stocks climbed, putting the major U.S. indexes on course for weekly gains despite another round of firm inflation data.The Wall Street Journal - World -
Kim Jong Un tested a new rocket that could hit Seoul — and may aid Russia against Ukraine
Yahoo News - World - Ukraine -
Why you shouldn’t be too quick to dump your stocks
Sectors that typically rally at the end of bull markets are lagging.MarketWatch - Business -
Elly De La Cruz's stardom may finally be here: Three reasons why Reds phenom's breakout could be real
De La Cruz is chasing less and running smarter in the early days of the 2024 MLB seasonCBS Sports - Sports -
2024 NFL Draft tracker: Falcons' Michael Penix Jr. pick may have required some explaining, other viral moments
A look at some of the viral moments from Day 1 of the draftCBS Sports - Sports - NFL -
The U.S. economy grew at a sharply slower pace in the first quarter and inflation topped Wall Street's expectations, dimming investor hopes for a quick Fed rate cut and sending the stock and bond markets down.
The U.S. economy grew at a sharply slower pace in the first quarter and inflation topped Wall Street’s expectations, dimming investor hopes for a quick Fed rate cut and sending the stock and bond markets down.The Wall Street Journal - World -
Willie Mays Fast Facts
Read Fast Facts from CNN about Hall of Famer Willie Mays.CNN - Top stories -
Seven-round Pats mock draft: Athletic freaks bring offensive facelift
The picks are in! Phil Perry shares his final prediction for all eight New England selections in his seven-round, Patriots-specific 2024 NFL Mock Draft.Yahoo Sports - Sports -
Cleverly likens Tory plots against Sunak to leaving plane without parachute
UK home secretary says an attempted putsch against PM after a local election drubbing would be a ‘catastrophic idea’Financial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
Putin plans to visit China in May
Yahoo News - World - China -
The Biggest Game Releases Of May 2024
We're quickly approaching the halfway point of the year, a period which has become a pitstop of sorts on the gaming calendar. Between the buffet of big releases we're now seeing more regular in February and March, to the traditional holiday season ...GameSpot - Tech -
NFL seven-round mock draft: Maiocco predicts all 10 49ers picks
NBC Sports Bay Area's Matt Maiocco provides his seven-round mock draft for all 10 of the 49ers' selections in this week's 2024 NFL Draft.Yahoo Sports - Sports - NFL -
Middle East crisis live: US and other countries link ‘immediate ceasefire’ to hostages’ release
White House releases joint letter signed with 17 other countries saying such a deal would lead to the ‘credible end of hostilities’. Here are some of the scenes in Jerusalem, where people, including Israeli interior security minister Itamar ...The Guardian - World -
Seven-round 2024 NFL Mock Draft: Patriots lean heavily on offense, Cardinals take opposite approach
The draft is now less than one week awayCBS Sports - Sports - NFL -
Seven college football QBs who could emerge as potential first-round draft picks with standout 2024 seasons
Transfers and veterans poised for breakout seasons make up this year's underrated quarterbacksCBS Sports - Sports - College Football -
Cowboys NFL Draft grades 2024: Dallas bolsters front-seven depth, takes LB Marist Liufau in Round 3
A full list of Dallas' draft picks and selections, all in one placeCBS Sports - Sports - NFL -
U.S. Stocks Trade Lower
Stocks gave up early gains and turned lower. Tesla shares rose, helping the Nasdaq. The tech-heavy index has moved between gains and losses ahead of more big-tech earnings, including Meta due after the close.The Wall Street Journal - World -
Putin announces plans to visit China in May
Russian President Vladimir Putin said he plans to visit China in May, in what could become the first foreign trip for the Russian leader after he extended his rule by six more years in an election that offered voters little real choiceABC News - World - China