These stocks rose as much as 12% after inflation calmed down

These stocks rose as much as 12% after inflation calmed down

Amid the euphoria that followed what appeared to be the first sign of slowing inflation, stocks saw a broad rebound on August 10, with dozens of big stocks gaining 5% or more. Those names included many of the tech names that investors loved during the early stages of the coronavirus pandemic, along with cruise lines, … Read more

Trade desk rises after “outstanding” results. This is what Wall Street thinks

font size Executive Director and Founding Office of Trade Jeff Green. trade office trade office Shares rose on Wednesday after the advertising technology company delivered strong quarterly results despite the challenging environment. The numbers prompted analysts to raise their targets for the stock price. In morning trade, shares of Trade Desk (Ticker:) were up 34.8%, … Read more

Opinion: Here’s a big concern with chip makers who score billions in cash from Uncle Sam

On the day Congress finally approved a long-awaited funding package for US homegrown chip production, Intel Corp. It cut $4 billion from its spending plans while detailing disappointing earnings who – which One analyst called it “the worst we’ve seen in our careers.” Tuesday, when President Biden signed this into law With Micron Technology MU, … Read more

The markets were extrapolating from one version to another. These fund managers say:

Wow, that was such a shock: we Consumer price growth It slowed to 0% in July, the Labor Department said on Wednesday. Core price growth slowed to 0.3%, less than expected. Over the past 12 months, prices have risen by 8.5%, also falling short of expectations. The soft reading seems to justify the 13% rise … Read more

The markets were extrapolating from one version to another. These fund managers say:

Wow, that was such a shock: we Consumer price growth It slowed to 0% in July, the Labor Department said on Wednesday. Core price growth slowed to 0.3%, less than expected. Over the past 12 months, prices have risen by 8.5%, also falling short of expectations. The soft reading seems to justify the 13% rise … Read more

Opinion: We are in a bear market bullish trend and you can expect to break the June 2022 lows

The bear market for US stocks may have bottomed out in mid-June. Or it may only be half. And if the second half of the bear market is still ahead, the biggest losses may or may not come yet. You can take my word for it. The reason to point out these trivial facts otherwise … Read more

Why are gas prices dropping? National average is below $4 a gallon for the first time since March: GasBuddy

Filling a gas pump can be a painful pocket-sized experience, but the damage appears to be wearing off by the day, with the US national average price dropping below $4 a gallon on Tuesday for the first time since March, according to a tracking service. The average price fell to $3.99 on Tuesday, according to … Read more

Bed Bath & Beyond stock is poised for its longest winning streak in 15 years after a Baird analyst suggested it was time to sell

Shares of Bed Bath & Beyond Inc. fell. On Tuesday, putting it at risk of its first drop in two weeks, Baird analyst Justin Kleiber suggested investors should sell, saying the latest “meme stock craze” comes despite continued liquidity concerns. Baird’s Kleber turned bearish on the home goods retailer after its BBBY stock, -14.20% It’s … Read more

BlackRock warns investors not to buy defensive stocks and bonds as tech-led rally is at risk of fading out

After a stunning July rally, US stocks SPX, -0.42% They have been caught in a tight trading range for the past two weeks as investors struggle to make sense of some of the most confusing economic data in recent years. But while the S&P 500 index held above the key 4000 level thanks in large … Read more

BlackRock warns investors not to buy defensive stocks and bonds as tech-led rally is at risk of fading out

After a stunning July rally, US stocks SPX, -0.42% They have been caught in a tight trading range for the past two weeks as investors struggle to make sense of some of the most confusing economic data in recent years. But while the S&P 500 index held above the key 4000 level thanks in large … Read more