Tech Selloff Deepens: Nasdaq 100 Faces Worst Drop Since 2022 | Bloomberg TechnologyBloomberg's Ed Ludlow covers the Nasdaq 100's worst drop since 2022 as tech leads a global market selloff.[Continue Reading]
Lilly, Novo Nordisk battle for weight-loss market lands at the pharmacy shelfAs Eli Lilly’s weight-loss drug Zepbound gains ground in the U.S. against Novo Nordisk’s Wegovy, some doctors say their[Continue Reading]
3 big trends to watch in oil and gasMajor oil companies touted massive earnings last week, reporting a production surge and showing a renewed focus on fossil fuels.Read Morewww.eenews.net[Continue Reading]
Tengler: Mega-cap tech pain trade is still worth the gainNancy Tengler, CEO and CIO of Laffer Tengler Investments, discusses how to position around the recent tech sell-off.Read Morewww.cnbc.com[Continue Reading]
August 5, 2024
Thornburg Investment Management Co-Head of Investments Jeff Klingelhofer in The Bond Buyer
Stocks tumble, bonds rally over recession fears“Decelerating or slowing economic growth has sparked a classic flight-to-quality trade with short-term Treasuries being the prime beneficiary,” said Gary Pzegeo, head of fixed-income at[Continue Reading]
Here are all the reasons why Monday’s major market wreck is happeningAny number of suspects could be blamed for Monday’s market beatdown.Read Morewww.cnbc.com[Continue Reading]
Unraveling Trades Fuel Global Market RoutU.S. stock indexes trade sharply lower, tracing declines in international markets; Dow industrials fall more than 1,000 pointsRead Morewww.wsj.com[Continue Reading]
August 5, 2024
Gabelli Funds Portfolio Manager John Belton in Bloomberg
Big Tech Traders Struggle to Find Reasons to Buy This DipNasdaq 100 futures edge higher Tuesday after three-day rout Traders see few signs selling is over in absence of catalystsRead[Continue Reading]
August 4, 2024
Gabelli Funds Portfolio Manager Jeff Jonas in AP News
Drugstores tinker with new looks as their usual way of doing business faces challengesAmerica’s drugstores are testing smaller locations and more ways to offer care as more store closings loom.Read[Continue Reading]
August 4, 2024
Laffer Tengler Investments Nancy Tengler in Bloomberg
Stock Meltdown Puts S&P 500 on Brink of Correction: Markets WrapWall Street bears warn on US economic growth risks to market Bond traders price in deep Fed cuts through end[Continue Reading]
Warren Buffett’s Berkshire Hathaway Slashes Apple StakeThe company sold stocks—including much of its giant Apple stake—in the second quarterRead Morewww.wsj.com[Continue Reading]
Deepfake debate…Banking hotspots…Investment market challengesDeepfake controversy...Hot take on banks...Market Insights Read Moremailchi.mp[Continue Reading]
Hess focus is ‘an overhang’ for Chevron: Portfolio managerThe energy sector is in focus as ExxonMobil (XOM) and Chevron (CVX) both reported second-quarter earnings. ExxonMobile beat expectations on both revenue[Continue Reading]
10-year Treasury yield dives to the lowest since December after weak jobs reportInvestors assessed the July jobs report and tried to predict the interest rate outlook.Read Morewww.cnbc.com[Continue Reading]
Stock Splits Are Back Big Time. Who’s Up Next and When to Buy.Companies like Nvidia and Chipotle aim to make their stocks look more affordable. How to know when to[Continue Reading]
July 31, 2024
Thornburg Investment Management Co-head of Investments Jeff Klingelhofer on Yahoo Finance
Should the Fed be forward-looking? Two different takesThe Federal Reserve has announced that it will maintain interest rates at current levels. However, they acknowledged ongoing changes in the labor market.[Continue Reading]
July 31, 2024
Siebert CIO Mark Malek in Reuters
S&P 500, Nasdaq rise on chip sector rally, Fed signals of upcoming rate cutThe S&P 500 and Nasdaq finished higher on Wednesday as chip stocks rallied and the Federal Reserve[Continue Reading]
Course Correction Before Earnings: META & MSFT | Morning Trade Live| Schwab NetworkIt’s a big week for big tech. Meta (META) is scheduled to release its earnings Thursday after Microsoft[Continue Reading]
What Wall Street Expects From the Fed TodayInvestors and markets aren’t looking for a rate cut, but rather signals that one is coming in September.Read Morewww.inc.com[Continue Reading]
How Financial Advisors Reignite Growth After a SlowdownEvery financial advisor practice has periods of strong growth and sluggish growth. Several advisors discussed the levers they have pulled to rekindle growth[Continue Reading]