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Optimism on Wall Street, and Harris Agrees to a Fox News Interview
Plus, an investigation into China’s panda factories.Top stories - The New York Times - October 15 -
Citigroup earnings top estimates, but stock falls as bank boosts loan loss reserves
The bank's third-quarter report was stronger than Wall Street expected but still showed a year-over-year decline in earnings.Business - CNBC - October 15 -
Wall Street’s most frustrating ‘pain trade’ looks set to continue
For Wall Street’s professional money managers, the biggest “pain trade” right now is the ongoing rally in stocks following a massively successful two-year bull run.Business - MarketWatch - October 15 -
Wall Street hates Treasurys. Maybe it’s time to give them some love.
Maybe it’s time to show them a little appreciation.Business - MarketWatch - October 19 -
Top Wall Street analysts like these stocks for their growth prospects
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Nvidia and Fortinet.Business - CNBC - October 20 -
Behind Many Powerful Women on Wall Street: A Doting 'Househusband'
More men are staying home to facilitate the complex juggle of family life and their wives’ high-powered careers.Business - The Wall Street Journal - October 21 -
Wall Street analysts get it wrong on two of our portfolio industrial stocks
New research from Wall Street analysts missed the mark on Stanley Black & Decker and DuPont.Business - CNBC - October 21 -
Wall Street is worried stocks might be on the cusp of a ‘lost decade’
Stocks have been on a terrific run over the past decade. But the years ahead might not be quite so spectacular.Business - MarketWatch - October 22 -
Wall Street Journal, NY Post sue AI startup
Media conglomerate News Corp, the conglomerate that owns the Wall Street Journal, New York Post and a number of other media properties, is suing artificial intelligence (AI) startup Perplexity over ...Politics - The Hill - October 22 -
The Wall Street Veteran Leading Disney's Search for Iger's Replacement
James Gorman wanted a challenging board role after nailing succession at Morgan Stanley. He’s getting one at Disney.Business - The Wall Street Journal - October 22 -
Wall Street slumps as rates climb, and more negativity on the iPhone 16 emerges
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.Business - CNBC - October 23 -
Tesla shares leap 22% after Musk predicts sales rebound
EV maker adds more than $150bn in market value after billionaire says sales may increase as much as 30% next yearBusiness - Financial Times - October 24 -
Tesla Surprises Wall Street With Strong Third-Quarter Results
The robust performance comes after a tumultuous start to the year in which Tesla’s profit fell for two straight quarters.Business - The Wall Street Journal - October 24 -
Markets are moving in mysterious ways — and Wall Street is struggling to explain why
Traditional relationships between stocks, bonds, currencies and commodities like gold are breaking down once again in 2024. This time, even many financial professionals are at a loss to explain ...Business - MarketWatch - October 26 -
A New Business on Wall Street: Defending Against D.E.I. Backlash
Companies are conducting vulnerability assessments, compiling research reports and writing plans for what to do if their diversity efforts come under attack.Business - The New York Times - October 27 -
Visa says spending trends are stable, and this time Wall Street agrees
Visa’s CFO expects the “stable and resilient consumer” to keep up such spending trends into the company’s new fiscal year.Business - MarketWatch - October 29 -
Wall Street Giants to Make $50 Billion Bet on AI and Power Projects
KKR and Energy Capital Partners plan to invest in development of data centers and the power infrastructure to support them.Tech - The Wall Street Journal - October 30 -
Robinhood earnings disappoint Wall Street despite company’s upward trajectory
The online brokerage’s third-quarter earnings missed analyst forecasts for both revenue and earnings per share.Business - MarketWatch - October 31 -
Uber reports third-quarter results that beat Wall Street's revenue expectations
Uber reported third-quarter results Thursday that beat analysts' expectations for revenue.Business - CNBC - October 31 -
Tech stock sell-off wipes out Wall Street’s October gains
Disappointing earnings from Microsoft help put US equities on track for biggest one-day drop since early SeptemberWorld - Financial Times - October 31 -
Amazon beats Wall Street expectations with strong cloud business growth
Shares rise as company reports quarterly revenue of $158.9bn – more than analysts had forecast. Amazon became the latest of the “magnificent seven” tech giants to report quarterly earnings on ...World - The Guardian - October 31 -
Apple cautious on holiday outlook as it starts AI rollout
Shares fall despite solid earnings as analysts weigh impact of new ‘Apple Intelligence’ featuresBusiness - Financial Times - November 1 -
Wall Street frets over Big Tech’s $200bn AI spending splurge
The four biggest US internet groups this week showed glimpses of benefits but warned of increased spendingBusiness - Financial Times - November 1 -
Super Micro Computer Stock Crashes, Wall Street Concerns Grow
Shares of the Nvidia customer have crashed since its accounting firm, Ernst & Young, resigned.Business - Inc. - November 1 -
Top Wall Street execs are getting skeptical on the Fed's easing path
Speaking at the Saudi Arabia's showcase economic conference, the Future Investment Initiative, last week, they see more inflation on the horizon for the U.S.Business - CNBC - 5 days ago