Market News
What's Happening With PepsiCo Stock?
Forbes - 26 Aug 2022 14:00
PepsiCo stock (NYSE: PEP) is up 4% in a month, while it's up 3% year-to-date, slightly underperforming its peers, with both Keurig Dr Pepper (NYSE: KDP) and Coca-Cola (NYSE: KO) up around 8% each.
Dow Plunges 1,000 Points After Fed Chair Powell Warns Inflation Requires 'Restrictive' Policy For 'Some Time'
Forbes - 26 Aug 2022 22:01
The highly awaited speech did little to calm investor fears that the economy may soon enter a recession.
Fed's Tough Talk Could Be Transitory
Wall Street Journal - 26 Aug 2022 19:08
Fed chief Jerome Powell's hawkish tone at Jackson Hole sent stocks tumbling, but inflation could ease and the economy soften before rates rise aggressively.
Stock Futures Slip Ahead of Powell's Jackson Hole Speech
Wall Street Journal - 26 Aug 2022 13:40
U.S. stock futures inched lower as investors awaited comments from Fed Chairman Jerome Powell for clues about the outlook for interest rates and efforts to tame inflation.
Is EBay Stock Attractive At The Current Levels?
Forbes - 26 Aug 2022 13:15
The company operates an online marketplace "eBay.com", where third-party buyers and sellers can transact in a variety of products.
Garbled Government Data Release Flusters Grain Traders
Wall Street Journal - 26 Aug 2022 20:47
The USDA blamed a faulty new system for a report with flawed data on grain export sales.
Digital Currencies And Stocks Decline As Investors Flee Risk Assets After Fed Speech
Forbes - 26 Aug 2022 19:14
Risk assets lost value this morning after global markets responded to the speech Federal Reserve Chair Jerome Powell made at the Jackson Hole symposium. Powell stated that cooling inflation will require policy makers to ...
Why Investors Went Bananas Over AMC Stock
Wall Street Journal - 26 Aug 2022 17:55
To stay solvent, the world's biggest movie-theater chain went against the wishes of some of its most fervent investors, who call themselves "apes." That led to some market monkey business.
Is Italy The Next Domino To Fall?
Forbes - 26 Aug 2022 17:46
Fed Chair Jerome Powell's hawkish speech at Jackson Hole has brought the equity rally to a halt - the next leg down may be caused by Europe, and specifically Italy.
When Does The Unemployment Rate Actually Forecast Stock Prices?
Forbes - 26 Aug 2022 16:48
Is there a link? Learn more about the relationship between unemployment, stock prices and inflation.
Fed's Jackson Hole Meeting: Stocks Plunge After Powell Warns Inflation Requires 'Restrictive' Policy For 'Some Time'
Forbes - 26 Aug 2022 16:43
The highly awaited speech did little to calm investor fears that the economy may soon enter a recession.
U.S. and China Reach Agreement on Chinese Company Audits
Wall Street Journal - 26 Aug 2022 16:40
Washington and Beijing reached a deal for U.S. accounting regulators to inspect China-based audits, laying the groundwork for a process that could prevent many Chinese companies from being booted off U.S. stock exchanges...
Is Snowflake Stock A Buy After Solid Q2 Earnings?
Forbes - 26 Aug 2022 16:15
Snowflake published a strong set of Q2 FY'23 results and raised its guidance for the full year, as demand for cloud data warehousing solutions soared despite mounting economic headwinds and mixed earnings reports from ma...
Jackson Hole, Wyoming: Where The Feds Go To "Retreat"
Forbes - 26 Aug 2022 15:42
The biggest of the Fed big shots, Chairperson Jerome Powell is widely expected to proclaim the need for even higher interest rates to "combat" inflation.
Should You Buy Medtronic Stock Around $90?
Forbes - 26 Aug 2022 15:30
Medtronic's revenue (Q1) of $7.4 billion was down 8%, while its EPS of $1.13 was down 17% y-o-y, compared to our estimates of $7.3 billion and $1.15, respectively.
Stock Market's Good News - GDP Growth Better Than Reported
Forbes - 26 Aug 2022 15:17
The stock market continues to get good foundation-building news
This Relatively Small Tobacco Company Is Likely To Offer Better Returns Over Altria Stock
Forbes - 26 Aug 2022 14:45
There is more to the comparison, and in the sections below, we discuss why we believe TPB stock will offer better returns than MO stock in the next three years.
Resource Nationalism Shadows Battery Metals Mining
Wall Street Journal - 26 Aug 2022 14:14
Global demand for metals like nickel, cobalt and lithium is running into a new global wave of resource nationalism and environmental activism.
Retirement Plans Could Benefit From Loan Forgiveness
Wall Street Journal - 26 Aug 2022 14:00
Financial planners are hopeful that those who receive the government's student loan forgiveness will have more money for other goals.
U.S. and China Put Their Market Divorce on Hold
Wall Street Journal - 26 Aug 2022 13:54
A dispute between the two countries over audits of U.S.-listed Chinese companies may finally be near resolution. Keeping the relationship amiable will still be a struggle.
Netflix Won't Lose Its Place on the Dial
Wall Street Journal - 26 Aug 2022 13:33
The streaming pioneer's long head start gives it durability, while the collapse in market value provides opportunity.
Investors Could Score With Manchester United
Wall Street Journal - 26 Aug 2022 13:03
Whether or not the Glazers sell, the possibility of newfound glory at the English soccer club might eventually be reflected in its stock.