Winning Stock Plays

Microsoft stock surged as much as 6% on Tuesday after the company unveiled an AI subscription for its Office 365 platform.The software giant will charge $30 per month per user to have AI capabilities integrated into its Microsoft Office platform.At its peak on Tuesday, Microsoft added $154 billion to its market value, which is bigger… Continue reading Microsoft adds $154 billion in market value after it announces $30 per month AI subscription

Innovator Capital Management launched a buffer ETF Tuesday with 100% downside protection. The fund trades under the ticker TJUL and will track the S&P 500 over a two-year period. “Our aim is for TJUL to provide a way for our clients to stay in the market with significant built-in risk management.” Loading Something is loading.… Continue reading The first ETF offering protection against 100% of stock losses just launched

Corporate debt defaults in 2023 have already blown past last year’s total, Moody’s data shows. 55 US firms defaulted on their debt in the first-half, a 53% increase from total defaults in all of 2022. Global debt defaults could keep surging as financial conditions continue to tighten, the firm warned. Loading Something is loading. Thanks… Continue reading US corporate debt defaults in 2023 have already surpassed last year’s total

Tesla is scheduled to report second-quarter earnings on Wednesday after the market close. Wall Street is laser focused on the company’s profit margins after the company cut prices for its vehicles. Here’s what Wall Street expects from the EV maker’s upcoming earnings report.  Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading ‘Margins, margins, margins’: Here’s what Wall Street is looking for in Tesla’s 2nd-quarter earnings

Kameleon007/Getty Images An inverted bond-yield curve is widely regarded as the sign of an oncoming recession.  The US Treasury curve has been inverted for quite a while now – but Goldman Sachs says things are different this time.  Jan Hatzius, Goldman’s chief economist, said “overly pessimistic” economic forecasts have put more pressure on long-term rates… Continue reading This classic recession signal has been flashing red, but Goldman Sachs is unfazed

Ark Invest has marked down its Twitter valuation by 47% since it was taken over by Elon Musk, the Wall Street Journal reported.Musk had recently tweeted that Twitter’s advertising revenue has been cut in half since he took over the company.Despite the steep writedown, Ark CEO Cathie Wood said she is still bullish on the… Continue reading Twitter’s valuation has been slashed by 47% at Ark Invest since Elon Musk took over

Russia escalated its economic war with the West by seizing local operations of Carlsberg and Danone. They marked the second seizures of Western assets since the Kremlin unveiled a decree in April. The move is another form of retaliation against Western sanctions imposed on Russia. Loading Something is loading. Thanks for signing up! Access your… Continue reading Russia ramps up its economic war with the West as it seizes local operations of 2 corporate giants