Tag Archives: Bank

Semiconductor stocks are down big this year, and Deutsche Bank is warning about more weakness. The bank’s Q3 semiconductor industry preview, titled “Déjà vu all over again,” highlighted “fears of fundamental deterioration leading to very bearish investor positioning,” adding that “we expect 3Q earnings season to yield more pervasive signs of weakness, as the well-known issues in Consumer areas (PCs, Handsets, etc.) will likely spread to at least more forthcoming admissions of uncertainties… Source link

Inflows to stocks neared a record last week as bets on a bottom forming spurred major dip-buying across U.S. equities. The optimism, however, is likely premature, according to Bank of America. Analysts at the bank said in a Tuesday note that allocations to equities reached the third-highest sum since 2008 during the five-day period, according to client data — a sign investors believe indicates that the market sell-off is nearing an end. But BofA contested the notion that the worst is behind… Source link

The bulls on Wall Street continue to pile back into Tesla stock, citing a host of potential catalysts. In a note out on Friday, Deutsche Bank analyst Emmanuel Rosner said he believes the rally in Tesla stock is just beginning with several likely drivers for the company in 2023. “We view 2023 as a pivotal year in which Tesla continues to grow volume at a high pace, enters new segments with Cybertruck and Semi, optimizes its manufacturing footprint, and benefits from IRA [Inflation Reduction… Source link

MARTINSVILLE — Check your bank statements. A scam involving unauthorized Google charges is hitting bank accounts across the country including right here in Indiana. A Martinsville woman contacted WRTV Investigates for help. The charges are totally bogus but appear to be coming from Google and Google Play, and typically there’s more than one on your credit or debit card. Anita Caincross of Martinsville went out to dinner with a friend, and when she went to pay with her debit card, it would… Source link

DENVER, September 06, 2022–(BUSINESS WIRE)–UDR, Inc. (the “Company”) (NYSE: UDR), a leading multifamily real estate investment trust, announced today that the Company will participate in the Bank of America Securities 2022 Global Real Estate Conference being held at the Conrad New York Downtown on September 13-14, 2022. The UDR Executive Team will host a roundtable discussion on Tuesday, September 13, 2022, at 12:40 p.m. Eastern Time. The Company’s roundtable discussion will be made… Source link

The S&P 500’s decline this year—it’s down nearly 18% since January—accelerated last week after Federal Reserve Chair Jerome Powell indicated more “pain” was ahead. Has the market hit bottom? Bank of America Research, based on its new list of 10 signals showing whether the stock market has hit bottom, says no. View this interactive chart on Fortune.com The bank came up with the list, released on Friday, after analyzing “macro and bottom-up data encompassing policy, valuation,… Source link

National Bank of Canada FI boosted its stake in Yandex (NASDAQ:YNDX – Get Rating) by 161.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,680 shares of the information services provider’s stock after purchasing an additional 2,275 shares during the period. National Bank of Canada FI’s holdings in Yandex were worth $70,000 at the end of the most recent… Source link

Bank of Canada Governor Tiff Macklem takes part in a news conference in Ottawa, Ontario, Canada April 13, 2022. REUTERS/Blair Gable The Bank of Canada raised its benchmark rate by 100 basis points on Wednesday, a surprise move that exceeded economist expectations, as the central bank attempts to set a firehose against scorching inflation. The unexpected and supersized increase comes after two consecutive 50 basis point hikes, bringing the policy interest rate to 2.5 per cent, the highest level… Source link

Reuters Gold slips as interest rate expectations sap appeal Gold fell on Monday as prospects of higher interest rates dimmed appeal for the non-yielding asset, but a softer dollar helped bullion to cling above the $1,800 support level. “Gold bulls are stuck in a quagmire of aggressive Fed policy actions, as the prospects of higher U.S. rates erode support for the precious metal,” said Han Tan, chief market analyst at Exinity. The U.S. Federal Reserve is expected to deliver another 75 basis… Source link

Julie and Todd Chrisley have been convicted. (Photo: Danielle Del Valle/Getty Images for E3 Chophouse Nashville) Reality stars Todd and Julie Chrisley face up to 30 years each in prison after being convicted of bank fraud and tax evasion. Following a three-week trial in Atlanta, a federal jury began deliberating Friday and, on Tuesday, found the Chrisley Knows Best stars guilty on all counts. The celebrity couple had been accused of inflating their net worth while seeking loans from smaller… Source link