Carla Mozée Thiago Prudencio/SOPA Images/LightRocket via Getty Images US stocks closed mixed Wednesday after a choppy session amid fresh earnings. Microsoft shares fell after it cut revenue guidance. Investors are awaiting Tesla’s report after the bell. The S&P 500 remains higher early in the new trading year. Loading Something is loading. Thanks for signing up!… Continue reading US Stocks end mixed as investors wade through fresh crop of earnings report
The stock sector that was 2022’s biggest loser is the top gainer in 2023 as market leadership gets shaken up
The S&P 500 communications services sector has started 2023 as the top-performing group on the broad index. The sector that’s home to Meta, Netflix and Match has picked up 12% after sliding 40% last year. The rotation in market leadership has extended to other hard-hit groups including consumer discretionary. Loading Something is loading. Thanks for… Continue reading The stock sector that was 2022’s biggest loser is the top gainer in 2023 as market leadership gets shaken up
Tesla stock could soar 50% and is the top pick in an auto sector that’s seeing an EV ‘shake-out,’ Morgan Stanley’s Adam Jonas says
Tesla stock could add 50% despite price cuts to vehicles, according to Morgan Stanley. Analyst Adam Jonas cited Tesla’s strong balance sheet and profitability. “Tesla’s recent price cuts are just the latest sign the EV market may be entering the ‘shake-out’ phase,” he wrote. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading Tesla stock could soar 50% and is the top pick in an auto sector that’s seeing an EV ‘shake-out,’ Morgan Stanley’s Adam Jonas says
‘Forewarned is forearmed’: 5 highlights from David Rosenberg’s ‘Year of the Rabbit’ event
Here’s a look at Rosenberg’s predictions for global financial markets and the economy this year David Rosenberg, founder of Rosenberg Research, at the 2023 outlook event in Toronto, on Jan. 19. Photo by Peter J. Thompson/National Post Economist David Rosenberg took Breakfast with Dave on the road on Jan. 19 with a live event in… Continue reading ‘Forewarned is forearmed’: 5 highlights from David Rosenberg’s ‘Year of the Rabbit’ event
Mohamed El-Erian: Why passive investing makes less sense now
This is an investment world that will reward much greater selectivity and dynamic asset allocation Author of the article: Financial Times Mohamed El-Erian Published Jan 24, 2023 • 3 minute read Join the conversation Mohamed El-Erian says investors now need to pay more attention to individual security selection given ongoing shifts in the investing environment.… Continue reading Mohamed El-Erian: Why passive investing makes less sense now
Wave of sell orders on NYSE unleashes stock-market chaos
Dozens of large-cap stocks plunged sharply and briefly Author of the article: Bloomberg News Matt Turner Published Jan 24, 2023 • 2 minute read Join the conversation The New York Stock Exchange. Photo by Brendan McDermid/Reuters files Dozens of large-cap stocks saw their prices swing wildly at the open of trading Tuesday, sending companies including… Continue reading Wave of sell orders on NYSE unleashes stock-market chaos
Why the Bank of Canada should hike interest rates this week
Theo Argitis and Andrew Spence: History tells us policymakers should resist temptation to relax monetary, fiscal restraint The Bank of Canada building in Ottawa. Photo by David Kawai/Bloomberg Canadian job and inflation data out this month suggest the much-coveted soft landing remains well within reach. Advertisement 2 This advertisement has not loaded yet, but your… Continue reading Why the Bank of Canada should hike interest rates this week
Exclusive: Canadian housing market ‘is a castle built on sand’: David Rosenberg
Watch: Prominent economist offers insights on which central bank will cut rates first Economist David Rosenberg has expressed significant worries about Canada’s housing market. Photo by Derek Baldwin/Belleville Intelligencer/Postmedia Network David Rosenberg took Breakfast with Dave on the road with a live event in Toronto hosted by Rosenberg Research in partnership with the Financial Post.… Continue reading Exclusive: Canadian housing market ‘is a castle built on sand’: David Rosenberg
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