A good day for the offenses in this year’s Super Bowl could mean a good year for the stock market is in store, according to new data from S&P Global Market Intelligence. Super Bowls in which the final combined score was higher than 45 points, the stock market returns 15.9% on average, while returns average only 8.2% when the combined score is 45 or less. Before you go and fire your financial advisor and replace them with a subscription to ESPN+, you should know that the dataset is somewhat… Source link
Read More »Stock market news live updates: February 10, 2022
U.S. stock futures edged higher heading into overnight trading Wednesday after Wall Street’s main benchmarks were lifted by an influx of strong corporate earnings in an upbeat earlier session. The Walt Disney Company (DIS), a component of the Dow, unveiled first quarter 2022 results after the bell on Wednesday that sharply beat estimates. Better than expected growth for the entertainment giant’s streaming service Disney+ and a recovery in theme park attendance sent shares up as much as 9%… Source link
Read More »If you invest in the stock market, pray the Rams crush the Bengals
If you are bullish on stocks, best hope the NFC’s L.A. Rams pummel Joe Burrow’s Cincinnati Bengals. That is, of course you are a big believer in the Super Bowl Indicator. The often bantered about Super Bowl Indicator suggests that stocks rise for the full year when the Super Bowl winner has come from the NFC, but when an AFC team wins it falls. Of course this is insane in principle as stocks move up and down based on expectations for the future earnings of their underlying companies (see Meta… Source link
Read More »Bracing for a stock market that’s going ‘a whole lot of nowhere’: Morning Brief
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 Wednesday, February 9, 2022 The looming era of ‘not particularly positive’ returns Unless your name is Meta (FB) or Peloton (PTON), the fourth quarter earnings season has been surprisingly kind to corporate America. Leaving the beleaguered social network (whoops, I mean metaverse pioneer) and fitness brand aside, Q4 results have continued to post… Source link
Read More »Stock market is starting to ‘show signs of cracking and bursting’: Harvard lecturer
The explosive growth in passive trading, a fear of missing out, and a blind faith in “celebrity CEOs” have contributed to froth in high growth tech names, according to Harvard lecturer and renowned writer Vikram Mansharamani. Now, the author who made a name spotting market bubbles in his book “Boombustology: Spotting Financial Bubbles Before They Burst,” says another one may be about to pop. “I believe a passive investing bubble has been brewing and may, in fact, have started showing some… Source link
Read More »Semantic Knowledge Graphing Market Size 2022 And Forecast to 2029
New Jersey, USA,-This report is a comprehensive research study of the global Semantic Knowledge Graphing market, taking into account growth factors, recent trends, developments, opportunities and competitive environment. Market analysts and researchers have performed an extensive analysis of the global Semantic Knowledge Graphing market with the help of research methodologies such as Pestle and Porter’s Five Forces Analysis. They are providing accurate and reliable market data and useful… Source link
Read More »The Russell 2000 is performing terribly — why that could be bad news for the stock market : Morning Brief
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 Monday, February 7, 2022 Bigger isn’t always better. Case in point: Lots of trading desks are locked in on the dramatic underperformance of the small-cap Russell 2000 Index amid the bounce-back in broader stocks from the late January lows. The Russell 2000 — which is often viewed a proxy for the strength (or lack thereof) of the domestic economy… Source link
Read More »Shared Mobility Market Quality & Quantity Analysis
A new research study from JCMR with title Global Shared Mobility Market Research Report 2021 provides an in-depth assessment of the Shared Mobility including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies & strategies. The research study provides forecasts for Shared Mobility investments till 2029. The report does include most recent post-pandemic market survey on Shared Mobility Market. Competition Analysis : Uber, DiDi… Source link
Read More »Tesla’s market share is at risk of plunging: analyst
The big guns in the auto industry are coming for Tesla’s number one spot in electric vehicles, warns one long-time auto analyst. And they could succeed in the not too distant future. “We expect Tesla’s market share to drop from about 70% in EVs to about 20% in the next three years. They [Ford and General Motors] are gaining the bulk of the market share we expect Tesla to lose,” said Bank of America auto analyst John Murphy on Yahoo Finance Live. While Tesla recently capped off an impressive… Source link
Read More »Facebook Owner Meta Set for $195 Billion Wipeout, Biggest in Market History
(Bloomberg) — Meta Platforms Inc.’s one-day crash may rank as the worst in stock-market history. Most Read from Bloomberg The Facebook parent plunged 24% in U.S. trading Thursday on the back of poor earnings results, putting it on track to erase more than $200 billion. At current levels, that’s the biggest collapse in market value for any U.S. company. But there’s no certainty the losses will hold, especially given the recent volatility that’s whipped across technology shares. Markets… Source link
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