Sales climbed 11 per cent to US$123.9 billion in the fiscal first quarter, which ended Dec. 25 Author of the article: Bloomberg News Mark Gurman An Apple store in Washington, U.S. Photo by REUTERS/Joshua Roberts files Apple Inc. posted record quarterly sales that sailed past Wall Street estimates, a sign it was able to work… Continue reading Apple posts record quarterly sales in sign it tamed supply-chain crisis
Hedge fund short sellers take aim at green energy stocks
Already, some sustainable stocks have begun to fall back, especially in the tech sector. But doubters say green stocks have much further to fall Author of the article: Financial Times Laurence Fletcher in London A wind farm in Movave, California. Photo by REUTERS/Mike Blake/File Photo Hedge funds have been cranking up their bets against sustainable… Continue reading Hedge fund short sellers take aim at green energy stocks
Goldman, Citi strategists say it’s now time to buy after stocks selloff
‘Any further significant weakness at the index level should be seen as a buying opportunity’ Author of the article: Bloomberg News Joanna Ossinger and Farah Elbahrawy Traders work on the floor of the New York Stock Exchange in New York City, U.S., on Jan. 26, 2022. Photo by REUTERS/Brendan McDermid After a selloff that put… Continue reading Goldman, Citi strategists say it’s now time to buy after stocks selloff
Tesla needs to deliver blowout quarter to reclaim trillion-dollar market value
Even strong fourth-quarter numbers could go only so far in soothing investors’ nervousness about the stock Author of the article: Bloomberg News Esha Dey and Thyagaraju Adinarayan A Tesla dealership in Walnut Creek, California, U.S. Photo by David Paul Morris/Bloomberg files Pole position in the electric-vehicle business and a high valuation means Tesla Inc. needs… Continue reading Tesla needs to deliver blowout quarter to reclaim trillion-dollar market value
Microsoft’s slowing cloud growth casts shadow over report
Microsoft shares dropped about 4.7 per cent in extended trading after declining 2.7 per cent to US$288.49 at the close in New York Author of the article: Microsoft signage is displayed outside a Microsoft Technology Center in New York, U.S., on Wednesday, July 22, 2020. Microsoft Corp. is set to post quarterly results after the closing… Continue reading Microsoft’s slowing cloud growth casts shadow over report
Warren Buffett to host Berkshire’s annual meeting in-person this year
‘Woodstock for Capitalists’ is currently being planned for an in-person event on April 30 for the first time in three years Author of the article: Bloomberg News Katherine Chiglinsky Berkshire Hathaway Chairman Warren Buffett at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha, Nebraska, on May 4, 2019. Photo by REUTERS/Scott Morgan/File Photo/File Photo Warren… Continue reading Warren Buffett to host Berkshire’s annual meeting in-person this year
It’s ugly out there: What’s happening in the markets today
Check here for the latest updates on markets and stocks Publishing date: Jan 24, 2022 • 18 hours ago • 5 minute read • 45 Comments The Nasdaq Composite Index is having the worst start of a year in more than a decade. Photo by Michael Nagle/Bloomberg Last week both the S&P 500 and Nasdaq logged… Continue reading It’s ugly out there: What’s happening in the markets today
Social media is a swamp of bad financial advice, and experts are fighting back
Kids are interested, but not educated The strong stock market of the past few years has led to a surge of young people interested in stocks and making fast profits. The GameStop fiasco in early 2021 is just one example of the stock-buying frenzies that have been triggered by “memestocks,” corporate shares that suddenly become… Continue reading Social media is a swamp of bad financial advice, and experts are fighting back
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