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, November 7, 2022 Today’s newsletter is by Brian Sozzi, an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. Read this and more market news on the go with Yahoo Finance App. Weird times. So I’m sitting on Yahoo Finance Live on jobs report Friday, almost in a state of disbelief. Non-farm… Source link
Read More »3 signs that recession fears are wildly overblown: 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, April 25, 2022 Tired of Wall Street talking heads pounding fears of recession into your overloaded brain day after day this month? So am I. There are valid reasons why some folks on the Street are calling for a recession later this year or early next year. Models being toyed around with by pros are outputting increasing recession risk…. Source link
Read More »The sour market reaction to earnings is ‘too much overblown,’ analyst says
Zoom (ZM) shares are sinking 17% on Tuesday, despite a better-than-expected quarter on the top and bottom line. The video conferencing company’s stock is under pressure amid fears of a slowdown in virtual meetings as the pandemic eases. “It’s a little bit too much overblown in our view,” said James Fish, senior research analyst at Piper Sandler. The analyst has a $299 price target on the stock. “Just look at Enterprise, which grew 65% on its own, and Commercial Fees, which are still growing at… Source link
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