Latest in Lululemon’s stock soars as 16 banks hike their price targets. One bear says sell into the rally.
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Stocks and bonds haven’t moved together like this in three decades – and that’s putting portfolios at risk, says State Street
A so-called balanced portfolio is anything but given the correlation of stock and bond returns as well as concentration in stocks.MarketWatch - Dec. 4 -
Kash Patel targeted in possible Iran-backed cyberattack, sources say
The apparent hackers targeted Kash Patel's communications, but whether they succeeded and how much access they had to the data is still being investigated, the sources said.CBS News - Dec. 4 -
Senator Blasts Airlines, Saying They See Passengers as ‘Walking Piggy Banks’
Sen. Richard Blumenthal (D-Conn.) ripped the five largest airlines for collecting $12.4 billion in seat fees between 2018 and 2023.Inc. - Dec. 4 -
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Will home prices crash in 2025? Here’s what experts say.
President-elect Donald Trump campaigned on promises to lower housing costs. Here’s what real-estate economists say about where home prices will go in 2025.MarketWatch - Dec. 4 -
Wall Street expects the stock rally to keep ripping through New Year’s Eve. But watch these risks.
The S&P 500 just capped off its best month in a year, and is on track to rise nearly 30% in 2024.MarketWatch - Dec. 4 -
Germany’s car sector layoffs could fill skill shortages in mid-cap firms, Deutsche Bank CEO says
Deutsche Bank CEO Christian Sewing said layoffs in car manufacturers including Volkswagen could help fill labor shortages in medium sized firmsMarketWatch - Dec. 4 -
Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - Dec. 4 -
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Amid political chaos, Bank of Korea says it will boost short-term liquidity and deploy measures to stabilize the FX market
The announcement came shortly after the BOK held an emergency board meeting.CNBC - Dec. 4 -
As Okta’s stock soars on earnings, this stat shows its strategy is paying off
In the latest quarter, 15% of Okta’s bookings came from new products, as the company looks to dominate identity management.MarketWatch - Dec. 4 -
Salesforce surges on revenue beat, AI growth prospects – here's our new price target for the stock
Salesforce made clear that Agentfoce, its new AI offering, can kickstart revenue growth in the quarters ahead.CNBC - Dec. 4 -
South Korean stocks rebound from lows in chaotic trading as president says he's lifting martial law
The iShares MSCI South Korea ETF (EWY), which tracks more than 90 large and mid-sized companies in South Korea, at one point tumbled to a 52-week low.CNBC - Dec. 3 -
Village People frontman says ‘YMCA’ isn’t a ‘gay anthem’ and supports Trump using it at rallies
Singer-songwriter Victor Willis revealed Trump’s use of the song has greatly benefited its streaming numbersYahoo Sports - Dec. 3 -
Wall Street’s AI-powered rally risks ‘correction’, Vanguard warns
Asset manager’s chief economist Joe Davis says investors are overplaying the near-term potential of the technologyFinancial Times - Dec. 3 -
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‘Contrarians aren’t being rewarded,’ and short sellers of U.S. stocks are giving up, says Citigroup
Strategists at Citigroup say investors are increasingly giving up on bets against the U.S. stock market.MarketWatch - Dec. 3 -
Nigeria’s radical idea for car owners facing soaring petrol prices
The government is encouraging citizens to convert their vehicles to run on compressed natural gasFinancial Times - Dec. 3 -
Carlsberg Sells Russian Baltika Breweries Business
Carlsberg agreed to sell its Russian Baltika Breweries business, ending a long-running legal dispute sparked after the Russian government seized control.The Wall Street Journal - Dec. 3 -
Wolves in EU lose safeguards, allowing culls as numbers soar
The European Commission says numbers have soared and the animals are now causing damage to livestock.BBC News - Dec. 3 -
Top tech stocks are ‘cash machines,’ so keep buying, says the dean of valuation
Aswath Damodaran, the NYU Stern School of Business finance professor, says big tech stocks are “insanely profitable,” and should be bought in case of pullbacks.MarketWatch - Dec. 3 -
Why America’s economy is soaring ahead of its rivals
The country’s outperformance is rooted in long-term productivity growth that is the envy of the developed world. Could Trump’s policies endanger its lead?Financial Times - Dec. 3 -
Zscaler’s post-earnings stock drop further bucks 2024’s rally by software sector
Zscaler’s stock was down on the year prior to earnings, while an ETF tracking the software sector had rallied 29%MarketWatch - Dec. 3 -
Bears sticking with GM; will lead coaching search
The Bears are sticking with general manager Ryan Poles, who will serve as the "point person" for the team's search for a new head coach.ESPN - Dec. 2 -
G.M. Will Sell Stake in EV Battery Plant to LG
LG Energy Solution will now solely own a factory in Michigan that it had planned to operate through a joint venture with General Motors.The New York Times - Dec. 2 -
Global arms trade soars in 2023 amid deadly conflicts
The top 100 global arms producers increased weapons and military-related sales by 4.3 percent last year, according to new research, as nations react to a more volatile and dangerous geopolitical ...The Hill - Dec. 2 -
Tesla’s stock surges after self-driving software update, new Street-high target
Tesla’s stock jumps toward a 2 1/2-year high after the EV-maker’s FSD software gets its awaited update.MarketWatch - Dec. 2 -
Jim Cramer says AMD stock is a buy on Intel's CEO shakeup — 'It's winning'
Pat Gelsinger's retirement from Intel will only help Club holding and longtime rival AMD, Jim Cramer said Monday.CNBC - Dec. 2 -
Bears president says there will be no changes at GM, Ryan Poles will be point person in coaching search
Chicago fired coach Matt Eberflus after ThanksgivingCBS Sports - Dec. 2
