Tag Archives: Big

Investors will have a lot to contend with come the start of third quarter earnings season this month, most of which could prove far from flattering to one’s portfolio.  That’s the latest temperature check on markets from the team over at Goldman Sachs.  The investment bank’s chief U.S. equity strategist David Kostin warned on Monday of four risks to investors from upcoming corporate earnings reports: (1) supply chain bottlenecks; (2) climbing oil prices; (3) inflationary labor costs; and (4)… Source link

It’s time to push aside those high growth tech stocks you have been obsessed with these past five years and begin rotating into value names with an eye towards making large sums of money over the next decade. That’s basically the good word from investing pioneer Rob Arnott, founder and chairman of Research Affiliates (a sub-advisor of bond giant Pimco).  “The market is very fully priced…value stocks aren’t,” Arnott said on Yahoo Finance Live.  Arnott comes armed with his typically thorough… Source link

As the buy now, pay later (BNPL) market heats up, Mastercard (MA) is jumping into the fray with a new product offering. The credit card giant announced on Tuesday “Mastercard Installments” for U.S., Australian, and UK markets, offering consumers a 0% interest, pay-in-four-installments model that’s similar to the rest of the BNPL players in the industry.  As more established companies like Mastercard get into this space, by launching new products, through partnerships, or via acquisitions, “we… Source link

There are some bullish trades to put on in the oil patch to ride the new gusher in prices for black gold and natural gas, says Goldman Sachs analyst Neil Mehta.  Mehta reiterated Buy ratings and aggressive upside price targets on oil majors ConocoPhillips (COP) and ExxonMobil (XOM) Monday. The analyst sees ConocoPhillips delivering a 20% return for investors over the next 12 months.  “The company should deliver 30%-40% of cash flow back to shareholders in the form of dividends/buybacks, has… Source link

Google is negotiating to build two more data centers in The Dalles, seeking access to a lot more water and a new package of tax breaks in exchange for spending hundreds of millions of dollars to expand its facilities on the site of a former aluminum smelter. Neither Google nor the city will say how big the new data centers would be, but they figure to be huge. Google spent $1.8 billion on its server farms along the Columbia River through 2017. Google has expanded steadily in The Dalles since… Source link

President Donald Trump signs an executive order to withdraw the U.S. from the 12-nation Trans-Pacific Partnership (TPP) trade pact agreed to under the Obama administration in the Oval Office of the White House in Washington, January 23, 2017. (AP Photo/Evan Vucci, File) Remember the Trans-Pacific Partnership? A few years back, the TPP morphed form a wonky trade deal among the United States and 11 other Pacific nations into a litmus test of fealty to the American working class. As a 2016… Source link

The thought of a Lehman Brothers-esque collapse in China sent U.S. investors running for the exits Monday. The Dow Jones Industrial Average (^DJI) sank 614 points, while the S&P 500 (^GSPC) fell 75 points and the Nasdaq Composite (^IXIC) plunged 330 points. It was the market’s worst one-day slide in months and shattered an extended stretch of calm for stocks. The S&P 500 hadn’t fallen more than 1% since mid-August. Investors were rattled by news that the major Chinese real estate developer… Source link

Big investors are beginning to worry about several key fundamentals that underpin the stock market.  Global growth expectations have continued to “fall markedly” in September, according to the latest survey of fund managers out of Bank of America. The survey found that economic growth expectations are at their lowest level since April 2020.  Expectations for economic growth plunged 14 percentage points from BofA’s August survey. BofA said in the report that macroeconomic optimism is… Source link

Starbucks’ Pumpkin Spice Latte officially returned to nationwide menus on August 24 — and is already leading to a big boost in foot traffic before the official arrival of fall.   According to analytics platform Placer.ai, visits increased 3.5% during the week of August 23 compared to the same week in a particularly strong 2019 summer season. And foot traffic expanded 12.3% on a week-over-week basis.  Traffic continued to climb in the days that followed with an average increase of 14.9%… Source link

Apple (AAPL) may be teasing a bigger streaming content push at a big event scheduled for Sept. 14, but Wall Street thinks Netflix (NFLX) will remain the dominant force in the streaming category for years to come. “I have not been impressed by what Apple has done. They have created a couple quality shows and a lot of less than interesting shows. They are just not getting that broad appeal yet,” said Bank of America analyst Nat Schindler on Yahoo Finance Live. “They obviously have a lot of… Source link