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Market News

Location American Market News for 13 September 2023

Cracker Barrel Is Stuck in a Generation Gap

Wall Street Journal - 13 Sep 2023 16:42
The dining chain's customer demographics are pinching its business, as is its bid to lure younger diners.
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Inflation Ticks Up To 3.7%--Biggest Monthly Jump Since January But core inflation, which excludes food and energy, moderated to its lowest level in nearly two years.
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Is Wells Fargo Stock Fairly Priced?

Forbes - 13 Sep 2023 14:00
Is Wells Fargo Stock Fairly Priced? Wells Fargo's stock (NYSE: WFC) has made negligible gains YTD as compared to the 17% rise in the S&P500 index over the same period.
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Stocks Edge Higher After No-Surprises Inflation Report

Wall Street Journal - 13 Sep 2023 22:27
Inflation rose in line with expectations in August as gasoline prices jumped.
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AMC's 1-For-10 Reverse Stock Split And APE Conversion Explained AMC Entertainment (AMC) has dominated financial headlines for weeks. The movie theater company is working through a plan to improve its balance sheet. Come learn more.
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Inflation Can Come Back From The Dead: The Fed Has To Continue Raising Interest Rates Core inflation declined in August, but Fed Chair Jerome Powell and the Federal Open Market Committee will have to continue raising interest rates.
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Inflation Is Undead! The Fed Has To Continue Raising Interest Rates Core inflation declined in August, but Fed Chair Jerome Powell and the Federal Open Market Committee (FOMC) will have to continue raising interest rates.
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This Stock Has A 13.11% Yield And Sells For Less Than Book the recent ARI share price of $10.68 represents a price-to-book ratio of 0.6 and an annual dividend yield of 13.11%
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Is long-term investing only about compounding?

livemint.com - 13 Sep 2023 19:05
Is long-term investing only about compounding? Long-term investing is not just about compounding but also plays a pivotal role in managing risk and mitigating potential downsides.
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A Look At Sports Betting Stocks As The NFL Season Kicks Off The sports betting industry has seen substantial growth over recent years as billions of dollars are wagered on sporting events.
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Is The IPO Market Back Again Thanks To Arm And Company? Not So Fast. One capital markets veteran said the hotly anticipated IPOs of Arm and Instacart aren't "really the starting point for a robust IPO market."
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Yelp Stock Is Up 60% So Far. What's Next?

Forbes - 13 Sep 2023 16:00
Yelp Stock Is Up 60% So Far. What's Next? After more than 60% growth year-to-date at the current price of around $44 per share, we believe Yelp's stock (NASDAQ: YELP), an online site for discovering local busi...
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S&P 500 & Sectors: Price-To-Economic Book Value Ratio Is Flat In 2Q23 This report analyzes the trailing PEBV ratio for the S&P 500 and each of its sectors through the second quarter of 2023.
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Apple Shares Down While Consumer Prices Are Up An uninspiring Apple event and disappointing earnings from Oracle sent stocks lower Tuesday.
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Apple Blinks on iPhone Pricing

Wall Street Journal - 13 Sep 2023 15:00
The company avoids expected price hikes on the iPhone 15 family, which might curb revenue growth in the coming year.
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Will Verizon Stock Recover To Its Pre-Inflation Shock Highs? Verizon saw its stock trading at around $51 at the end of June 2022, just before the Fed started increasing rates, and has lost about 33% since In comparison, the S&P ...
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Nukes Are Back, but Uranium Is in Short Supply

Wall Street Journal - 13 Sep 2023 15:00
A renaissance for the nuclear-power industry has run into a problem: Prices have soared for the radioactive uranium required to fuel reactors in the decades ahead.
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How We'll Tap This Spinoff For 200%+ Dividend Growth Let's dive into this Johnson & Johnson (JNJ) spinoff--because it shows exactly how we can tap "splits" like these to grab not one but TWO income streams.
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New Bloomingdale's CEO Tapped By Parent Company Macy's Olivier Bron has been announced as upscale department store Bloomingdale's new CEO, replacing veteran Tony Spring
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Will Seagate Stock Rebound To Its Pre-Inflation Shock Level? Seagate stock (NASDAQ: STX) currently trades at $64 per share, 18% below the level seen in March 2021, and it appears appropriately priced.
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You Can Buy Bitcoin At A Discount, If You Trust The SEC To Be Rational The clock is ticking on a limited-time offer to get bitcoin on the cheap. Whether it turns out to be a bargain depends on the actions of an intransigent regulator.
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'Almost All Loans Are Bad'---Why Banks Aren't Lending

Wall Street Journal - 13 Sep 2023 12:30
Rising deposit costs and capital needs are making lenders pickier, at the cost of growth
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