Stocks continued to climb Friday, boosted by hope that Thursday’s inflation data, which showed a slower-than-expected rise in consumer prices last month, could have the Fed easing back on rate hikes sooner rather than later. The tech-heavy Nasdaq Composite jumped 1.9% to 11,323, while the broader S&P 500 Index rose 0.9% to 3,992 – building… Continue reading Stock Market Today: Stocks Keep Climbing on Interest-Rate Optimism
Kiplinger’s Weekly Earnings Calendar (Nov. 14-18)
Below is a weekly earnings calendar of the most important upcoming quarterly reports scheduled to be released by publicly traded companies. However, we have also provided expanded earnings previews for select companies. Please check back often. This earnings calendar is updated weekly. Monday (11/14)Tuesday (11/15)Wednesday (11/16)Thursday (11/17)Friday (11/18) (Editor’s Note: Earnings dates in tables are tentative.… Continue reading Kiplinger’s Weekly Earnings Calendar (Nov. 14-18)
Bear Market Strategy for Millennial Investors
If there were a prize for living through unprecedented events, millennials might win first place. Older millennials entered the job market during the Great Recession and have since experienced a devastating pandemic and a spike in inflation not seen in 40 years. On top of that, the Federal Reserve’s moves to tame inflation have sent… Continue reading Bear Market Strategy for Millennial Investors
Stock Market Today: Stocks Lift Off After Encouraging Inflation Report
Stocks blazed a path higher Thursday after the latest consumer price index (CPI) showed inflation cooled in October. Ahead of the opening bell, the Labor Department said consumer prices increased 7.7% year-over-year in October – the slowest annual gain since January. On a monthly basis, the CPI was up 0.4%. Both figures were smaller than… Continue reading Stock Market Today: Stocks Lift Off After Encouraging Inflation Report
What Tech Layoffs Mean for Investors
Tech layoffs have been making headlines recently. Most notably is news that Facebook parent Meta Platforms (META (opens in new tab), $101.47) will let go a significant portion of its global workforce. “Today I’m sharing some of the most difficult changes we’ve made in Meta’s history,” said Mark Zuckerberg, CEO of Meta, in a letter… Continue reading What Tech Layoffs Mean for Investors
The road to year-end gains for stocks will be hammered by volatility as investors try ‘sniffing out’ a rollover in inflation and a Fed U-turn on rates
Stocks powered higher this week after the October inflaton report but the path to year-end gains remains volatile, market analysts say. Inflation may have peaked but CPI at 7.7% is still well above the Fed’s 2% target. ‘I think that we’re set up to rally into the end of the year … It won’t be… Continue reading The road to year-end gains for stocks will be hammered by volatility as investors try ‘sniffing out’ a rollover in inflation and a Fed U-turn on rates
The ‘next Warren Buffett’ curse: Sam Bankman-Fried is the latest market icon to fall after being compared to the legendary investor
The Warren Buffett curse is alive and well following the collapse of Sam Bankman-Fried and his crypto exchange FTX.Fortune magazine asked if Bankman-Fried was the next Warren Buffett in an August profile.Other market icons that were once compared to Buffett and then faded include Eddie Lampert, Bill Ackman, and Chamath Palihapitiya. Loading Something is loading.… Continue reading The ‘next Warren Buffett’ curse: Sam Bankman-Fried is the latest market icon to fall after being compared to the legendary investor
The fall of crypto exchange FTX is ‘worse than Theranos, worse than Madoff’ as federal probes mount, former SEC official says
The fall of cryptocurrency exchange FTX has drawn numerous comparisons to the collapse of Lehman Brothers. But a former Securities and Exchange Commission official likened FTX to the Theranos and Bernie Madoff debacles. “This is worse than Theranos, this is worse than Madoff,” John Reed Stark told Yahoo Finance. Loading Something is loading. Thanks for… Continue reading The fall of crypto exchange FTX is ‘worse than Theranos, worse than Madoff’ as federal probes mount, former SEC official says
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