Tag Archives: Heres

The Fed may no longer be a friend of investors, pros say, and that could be a major headwind to stocks in the near-term. “What’s dangerous about yesterday’s huge market slump is that there must be an element of doubting the ability of there to be an effective ‘Fed Put’ in this cycle following a 30-40 year period where the central bank has almost always been able to come to the market’s rescue,” Deutsche Bank strategist Jim Reid said. The Dow Jones Industrial Average plunged 1,120 points on… Source link

Billionaire Paul Tudor Jones says you ‘can’t think of a worse environment’ for stocks and bonds — but here’s one simple strategy he’d employ right now If you’re thinking about buying the dip in stocks, you might want to think again. According to Paul Tudor Jones, the billionaire founder of Tudor Investment Corporation, it’s still not the time to go on a shopping spree. “You can’t think of a worse environment than where we are right now for financial assets,” he told CNBC… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him @SPYJared Powell & Co. did it. Stocks surged and settled higher after a hotly-anticipated Federal Reserve decision and presser leaned more dovish than hawkish. The big question for U.S. stock investors is how to play the market now. That question… Source link

Lyft (LYFT) stock is getting smoked in early trading Wednesday following an earnings report that beat estimates, but revealed that the company is pumping cash into adding more drivers to its platform. Shares of the ride-sharing service were off as much as 33% Wednesday morning. In the quarter, Lyft reported revenue of $875.6 million, beating Wall Street estimates of $844.5 million and losses per share of $0.57 versus expectations of $0.58. That’s not a bad quarter, especially considering the… Source link

Shares of Facebook parent Meta (FB) soared in early trading Thursday on the back of its Q1 earnings report. Shares of the social media giant were up more than 14% despite a miss on revenue expectations, as investors and analysts digested the company’s plans to scale back spending. On the surface, Meta’s report wasn’t all that great. It missed on revenue estimates, with analysts expecting the company to bring in $28.24 billion rather than the $27.9 billion it reported. But the company… Source link

Investors are warming to the fact the Federal Reserve is about to throw ice cold water on the hot U.S. economy where inflation is surging to four-decade highs. But whether the Fed hikes 50 basis points next week — or even a previously-unfathomable 75 points — Jerome Powell and company are unlikely to achieve the proverbial (and rare) soft landing, according to one veteran trader. Bill Smead, chief investment officer at Smead Capital Management, compared the present bout of persistently… Source link

Text size Google on a tablet Dreamstime Google’s parent Alphabet is set to report… Source link

Inflation has touched nearly every area of the economy, including the hospitality sector. According to celebrity chef Wolfgang Puck, restaurant suppliers have raised prices “tremendously,” forcing him to rethink how to avoid passing on the cost to his customers. “We just have to engineer the menu a little different so not everything is expensive,” the restaurateur said on Influencers with Andy Serwer. Puck has noticed inflation particularly in food items like beef, fish, and vegetables. The… Source link

Private equity could be prepared to offer much more to help snag Twitter away from the outstretched hands of billionaire Elon Musk. A source familiar with the matter tells Yahoo Finance that Apollo Global Management (the parent company of Yahoo Finance) is weighing options to provide financing to potential suitors for a deal to take Twitter private. The private equity powerhouse isn’t planning to buy Twitter outright, the source says. “When you talk about private equity, we think $60 to $65 in… Source link

Every year, LinkedIn publishes a list of what it says are the 50 best workplaces to grow your career. It’s intended for potential applicants, but I like to use it for something else — something that can help business leaders and entrepreneurs of all stripes. In short, when I find a compendium like this, I like to take the data points and advice and reverse engineer it. You walk away with good insights into how some of the most successful companies say they recruit and hire top candidates –… Source link