Tag Archives: sees

Carlyle’s David Rubenstein sees the Fed targeting 3% inflation

Carlyle’s David Rubenstein sees the Fed targeting 3% inflation

Billionaire investor David Rubenstein is the latest Wall Street titan raising doubts about the Federal Reserve’s ability to reach its current inflation goals. “I think the Fed will probably target inflation down to about 3%, not 2%,” the founder and co-chairman of private equity giant The Carlyle Group said in an interview with Yahoo Finance Live at the World Economic Forum in Davos, Switzerland Wednesday. Rubenstein also had a notably more optimistic tone about the outlook for the economy Source link

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Google Reportedly Working on Apple AirTag Alternative As Personal Tracker Market Sees Growth and Consolidation

Google Reportedly Working on Apple AirTag Alternative As Personal Tracker Market Sees Growth and Consolidation

Apple Inc.’s AAPL AirTags have remained dominant in the Bluetooth tracker market, with people spending billions to help keep track of their things.  But there hasn’t been a viable alternative. Tile, which only tracks using the owner’s device, lost its competitive edge after Apple implemented tracking features associated with pinging nearby phones. MaxTracker, a startup raising funds on StartEngine, is improving on Tile and AirTag technology. MaxTracker is creating a 5G device that uses… Source link

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Yahoo and Taboola Announce Closing of Deal, 30-Year Strategic Partnership Sees Taboola Power Recommendations for Yahoo

Yahoo and Taboola Announce Closing of Deal, 30-Year Strategic Partnership Sees Taboola Power Recommendations for Yahoo

Yahoo and Taboola (NASDAQ: TBLA), a global leader in powering recommendations for the open web, today announced they have closed their previously announced 30-year exclusive commercial agreement. This unique deal makes Taboola the exclusive native advertising partner for all of Yahoo’s digital properties, strengthening Taboola’s position as a leading native advertising offering for advertisers, publishers and merchants on the open web. The partnership brings Taboola to Yahoo’s… Source link

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BofA upgrades homebuilder stocks, sees ‘home price correction rather than a crash’

BofA upgrades homebuilder stocks, sees ‘home price correction rather than a crash’

Analysts at Bank of America raised their rating on shares of three homebuilder stocks in a note out on Wednesday amid expectations mortgage rates will drop, materials costs will fall, and home prices will avoid a crash in 2023. In a new note to clients, Rafe Jadrosich at Bank of America Global Research upgraded shares of Lennar (LEN) to Neutral from Underperform with a price target of $102, up from $92, while raising shares of PulteGroup (PHM) to Buy from Neutral with a price target of $60,… Source link

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Goldman CEO David Solomon sees only 35% chance of soft landing, stocks lower in 2023

Goldman CEO David Solomon sees only 35% chance of soft landing, stocks lower in 2023

Goldman Sachs (GS) CEO David Solomon expects the stock market’s slide to continue in 2023 and thinks the odds of a recession hitting the U.S. economy are about 2-out-of-3. Speaking at the Wall Street Journal’s CEO Council Summit on Tuesday, Solomon said he expects stocks will be lower, along with oil and real estate (both commercial and residential), while the U.S. dollar is poised to rise slightly next year. Meanwhile, Solomon placed the probability of a “soft landing” — or a slowdown in… Source link

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Bank of America sees stocks going nowhere in 2023

Bank of America sees stocks going nowhere in 2023

Roughly a year from today, the S&P 500 will likely have gone nowhere, strategists at Bank of America Global Research said in their year-ahead outlook published Monday. Equity strategists at BofA set a 2023 year-end price target of 4,000 on the benchmark index — an increase of less than 1% from Monday’s close of 3,963.94 — as annual earnings per share for the S&P 500 are seen declining 9% next year to $200. This drop in earnings reflects a figure roughly 15% below current estimates. In… Source link

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Bank of America sees stocks going nowhere in 2023

Bank of America sees stocks going nowhere in 2023

Roughly a year from today, the S&P 500 will likely have gone nowhere, strategists at Bank of America Global Research said in their year-ahead outlook published Monday. Equity strategists at BofA set a 2023 year-end price target of 4,000 on the benchmark index — an increase of less than 1% from Monday’s close of 3,963.94 — as annual earnings per share for the S&P 500 are seen declining 9% next year to $200. This drop in earnings reflects a figure roughly 15% below current estimates. In… Source link

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Smartphone chip firm MediaTek CEO sees ‘incremental’ move away from Taiwan

Smartphone chip firm MediaTek CEO sees ‘incremental’ move away from Taiwan

By Jane Lanhee Lee (Reuters) – Tensions between China and the United States are pushing some manufacturer companies to talk about moving some of their supply chain away from Taiwan as well, although it’s “incremental,” the head of Taiwan’s most important smartphone chip design firm told Reuters over the weekend. Some of the “very large (equipment manufacturers) will require their chip suppliers to have multiple sources, like from Taiwan and from U.S., or from Germany or from Europe,”… Source link

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