Stocks could struggle to surpass Wall Street’s high bar for second quarter earnings, Goldman says
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The Wall Street Journal - World
Samsung said second-quarter earnings surged, indicating its flagship semiconductor business sustained a strong recovery after a turnaround in the first quarter.
Samsung said second-quarter earnings surged, indicating its flagship semiconductor business sustained a strong recovery after a turnaround in the first quarter. -
The Wall Street Journal - World
Wall Street Bids Adieu to Its Biggest Bear
JPMorgan’s Marko Kolanovic had a knack for making aggressive calls, but now the analyst is out after missing a roaring bull market. -
CNBC - Business
3 ways artificial intelligence could drive Microsoft stock past its record highs in 2024
Shares of the tech giant surged to an all-time high Friday. -
Financial Times - World
Indonesia’s Prabowo sparks spending concerns with $28bn free school meals plan
Incoming president considers enlarged government and increased borrowing in break with predecessor Widodo -
Financial Times - World
FirstFT: Democratic governors back Biden
Also in today’s newsletter, a $2.65bn luxury department store deal and Goldman lobbies to change Fed’s stress test resultJoe Biden -
Financial Times - World
Belarus opposition calls for Brussels to protect stateless exiles
Also in this newsletter: How mafia organisations are infiltrating local governments in Italy -
The New York Times - Business
Apartments Could Be the Next Real Estate Business to Struggle
Owners of some rental buildings are starting to struggle because of rising interest rates and waning demand in some once booming Sun Belt cities. -
NBC News - Top stories
Why this Wall Street trailblazer believes furniture can unite America
When Lulu C. Wang immigrated to the U.S. from Shanghai with her family in 1948, she knew only one word of English. -
MarketWatch - Business
JPMorgan Chase, Citi and Wells Fargo earnings to follow relative strength in their stocks
U.S.’s largest banks draw investor support as havens from sector headwinds from commercial real estate woes. -
The Guardian - World
Sweet triangles and high balls: where Switzerland thrive and struggle
Granit Xhaka probes deep in midfield but Murat Yakin’s side are happy to concede the lion’s share of the ball. The past four goals Switzerland have scored in this tournament have come from their left side. In terms of buildup play, they are the ... -
Yahoo Sports - Sports
Messi struggling, Nunez firing - Copa America quarter-final guide
BBC Sport assesses the Copa America knockout stages before the quarter-finals get under way on Friday. -
The Wall Street Journal - World
Samsung Electronics Expects Surge in Second-Quarter Profit
The South Korean tech giant forecast a surge in second-quarter earnings, suggesting that its flagship semiconductor business sustained a strong recovery. -
The Wall Street Journal - Business
Samsung Electronics Expects Surge in Second-Quarter Profit
The South Korean tech giant forecast a surge in second-quarter earnings, suggesting that its flagship semiconductor business sustained a strong recovery. -
MarketWatch - Business
Wall Street’s most bearish strategist is leaving JPMorgan. Here’s a look at his market calls.
Chief market strategist Marko Kolanovic is leaving JPMorgan Chase & Co. following a 19-year stretch with the bank, according to a person at the investment bank who shared details from two internal memos with MarketWatch on Wednesday. -
CNBC - Business
Wall Street firm gets it right with Best Buy call, plus Eli Lilly shares move up
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. -
The Hill - Politics
Trump opens up lead on Biden after debate: Wall Street Journal poll
Former President Trump expanded his lead over President Biden to 6 points in a new poll of the presidential race from The Wall Street Journal published Wednesday amid the ongoing fallout from their debate last week. Trump garnered 48 percent ...Joe Biden -
MarketWatch - Business
Why one Wall Street strategist is done publishing year-end targets for the S&P 500
One Wall Street macro strategist has decided to abandon the practice of publishing year-end targets for the S&P 500, arguing that these forecasts no longer provide much benefit to clients. -
CNBC - Business
Ford sales edge 1% higher in the second quarter, led by trucks
Ford truck sales of 308,920 vehicles marked the company's best second-quarter performance for the vehicle category since 2019. -
MarketWatch - Business
Tesla stock shows this curious pattern before and after earnings that you can trade
Shares typically decline during the two weeks ahead of earnings and gain over the following two weeks. -
MarketWatch - Business
Tesla stock shows this curious pattern before and after earnings that you can trade
Shares typically decline during the two weeks ahead of earnings and gain over the following two weeks. -
CBS News - Top stories
Buying 1-ounce gold bars as a beginner? Do these 5 things first, experts say
Experts say there are a few factors that matter, like the source and full ownership cost, when buying gold bars. -
MarketWatch - Business
Buy this retailer’s stock as an AI play, analyst says
D.A. Davidson’s Michael Baker points to one retailer that stands to get a big AI boost in the coming months. -
MarketWatch - Business
Jeff Bezos aims to sell another $5 billion of Amazon stock, after earlier selling spree
The Amazon founder and executive chair has filed to sell up to 25 million shares, after he dumped 50 million in February. -
CNBC - Business
SoftBank stock hits its first record high in 24 years — Arm and AI helped it get there
SoftBank shares have been boosted by the improved financial performance in the Vision Fund and by a rally in the stock of chip designer Arm. -
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NBC News - Politics
Israel says potential ceasefire talks 'could last for several weeks'
NBC News International Correspondent Matt Bradley joins Meet the Press NOW to explain reported advancements in ceasefire negations between Israel and Hamas.Israel -
The New York Times - Top stories
Biden Says Only ‘Lord Almighty’ Could Make Him Quit Race
President Biden dismissed concerns about his age, his mental acuity and polls showing him losing his re-election bid.Joe Biden -
The Wall Street Journal - World
German Industry Continues to Struggle
German industrial production slumped in May as car manufacturing tailed off, after an uptick in the sector at the start of this year faded away.Germany -
The Guardian - World
Biden says he’s best qualified to beat Trump, brushes off low polling and denies cognitive issues – live
President says in occasionally tense ABC interview he is not dropping out and believes he’s the best candidate to win. Full story: Biden calls Trump debate a ‘bad episode’Joe Biden has cancelled his upcoming Sunday address to the National ...Joe Biden -
MarketWatch - Business
Hedge fund selling of tech stocks has limited potential for crash, JPMorgan says
Hedge funds in June sold off tech stocks at their fastest rate on record. This sell-off has limited the potential for a crash, JPMorgan said. -
MarketWatch - Business
Two more luxury-fashion players could join forces — with the backing of Amazon, report says
Upscale fashion retail chains Saks Fifth Avenue and Neiman Marcus could soon join forces and get a financial boost from Amazon.com Inc., according to a report on Wednesday, as luxury brands consolidate amid a slump in demand. -
ABC News - Tech
Cybersecurity breach could delay court proceedings across New Mexico, public defenders office says
New Mexico's statewide public defenders office says a recent cybersecurity breach could delay some court proceedings across the state -
The Guardian - World
Biden says only ‘the Lord almighty’ could make him drop out in pivotal TV interview
In appearance aimed at quelling nascent rebellion among Democrats, Biden made no big gaffes, but reviews are mixed. Key takeaways from Biden’s ABC interviewJoe Biden has insisted that only “the Lord almighty” could persuade him to exit the US ...Joe Biden -
The Hill - Politics
Trump challenges Biden to 'no holds barred' debate
Former President Trump challenged President Biden late Thursday to another “no holds barred” debate. “I have the answer to the Crooked Joe Biden Incompetence Puzzle — Let’s do another Debate, but this time, no holds barred - An all on discussion, ...Joe Biden -
Financial Times - Business
Goldman Sachs faces uphill battle in dispute with Fed over stress test
Chance of reconsidering its grade ‘close to zero’ as US central bank has never overturned an assessment on appealFederal Reserve -
Financial Times - Business
Sex offender worked at Goldman Sachs months after conviction
Ronan O’Grady pleaded guilty to sexual assault in February and was sentenced in late June -
The New York Times - Top stories
How Biden’s Struggles Are Factoring Into Trump’s V.P. Selection
The former president’s reluctance to name a running mate has, in recent days, been partly to avoid shifting the focus away from President Biden amid fallout from the debate.Joe Biden -
NBC News - Top stories
Federal agency plans to cull 450,000 barred owls to boost another species
The U.S. Fish and Wildlife Service is keeping its aim trained on the barred owl, hoping an effort to cull the species could save its close genetic relative. -
NBC News - Top stories
Wisconsin Supreme Court overturns ruling that barred most ballot drop boxes
The Wisconsin Supreme Court on Friday ruled 4-3 to reinstate the use of most ballot drop boxes across the crucial battleground state, overturning a decision it made less than two years ago that banned the use of most of those boxes.