Tag Archives: growth

(Bloomberg) — Asian stocks and U.S. futures fell Monday on concerns about the impact of Covid-19 outbreaks and elevated inflation on economic prospects. Treasuries climbed and oil slipped after an OPEC+ supply deal. Shares fell across the region, with Japan and Hong Kong underperforming. China opened with more modest losses. S&P 500 and Nasdaq 100 futures dropped after the S&P 500 fell for the first week in four. The rally in Treasuries continued, sending 10-year yields further below… Source link

The buzz lately has been all about growth. Stocks are high, and going higher. The gains we’re seeing now are the current extension of a long-term trend – markets have been rising for several years, and their derailment during last year’s corona crisis appears, in hindsight, to have been blip more than anything else. As President Kennedy said long ago, a rising tide lifts all boats – and right now, a savvy investor can find plenty of boats to jump on. So let’s go find some of those… Source link

Stock futures opened lower Thursday evening to extend a risk-off mood in markets, with the three major indexes pulling back from record levels as concerns over the pace of the economic recovery flared.  Contracts on the S&P 500 ticked down. The index closed lower by 0.9% during the regular trading day, with the financials and industrial sectors coming in as the biggest laggards. The Dow and Nasdaq each also dropped during the session, but closed well off intraday lows. U.S. equity investors… Source link

Chinese retailer JD.com (JD) has taken investors on a wild ride this year. Since hitting a high of more than $108 per share earlier this year, shares of this embattled e-commerce player have sunk to below $70 per share of late. Indeed, there are many reasons for this. In general, investors appear to be wary of Chinese tech stocks right now due to regulatory and geopolitical risk. The Chinese government has begun to assert its power over these tech monoliths in a big way. If this power struggle… Source link

Home price growth in the U.S. surged in April at a pace not seen in more than 30 years. Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index posted a 14.6% annual gain in April, up from 13.3% in March — marking the 11th straight month of accelerating prices. The 20-City Composite posted a 14.9% annual gain, up from 13.4% a month earlier. The results far outpaced analysts’ expectations of a 14.7% annual gain, according to Bloomberg consensus… Source link

Inflation may be rising, but for now, at least, investors don’t seem to mind. Both the NASDAQ and the S&P 500 are holding just below their all-time high levels, reflecting a wide-spread feeling that, with interest rates low, stocks will provide the strongest returns for the near future. And stocks have been delivering. The S&P is up 13% year-to-date, and the NASDAQ, despite greater volatility and some weakness in the big tech companies, is up 7%. These gains come even as inflation is… Source link

Slack has been under pressure for not growing as fast as other work-from-home stocks. REUTERS/Brendan McDermid Slack (WORK), the online chat tool that has become the main way many people have communicated with their coworkers throughout the COVID-19 pandemic, reported its fiscal Q1 2022 earnings after the bell on Thursday, beating expectations on the top and bottom line. Here are the most important numbers from the report compared with what analysts were expecting as compiled by Bloomberg.

Disney (DIS) shares tumbled on Friday after reporting disappointing fiscal second-quarter results, with revenue and new Disney+ subscribers coming up short and the company’s theme parks business posting a fourth straight quarterly loss.  Shares of the Dow-component were down as much as 5.4% at session lows Friday morning, which would represent the stock’s worst day since June 2020.  “Disney’s in the middle of a recovery. I think what you’re seeing in terms of the stock performance is,… Source link

Benzinga The Pandemic Changed Our Money Habits — Here’s Exactly How By Lacey Cobb There’s no doubt that the pandemic has had a significant impact on people’s finances. Millions of people lost their jobs, forcing them to cut back on their spending. For others, spending changes were less about job loss and more about restrictions around what they could spend their money on. A recent Personal Capital survey examined spending during the pandemic. It looked closely at how people’s… Source link

(Bloomberg) — Alphabet Inc. and Facebook Inc. tumbled on Monday, leading a broad move lower in internet stocks after Citigroup Inc. warned about the outlook for digital advertising, a key source of revenue for the sector. The firm downgraded both names to neutral from buy, writing that “caution is in order” for companies that derive revenue from digital advertising. While ad budgets are expected to continue shifting online, growth is likely to decelerate, and “historically, that… Source link