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Category: Finance News

A.I. trade is leaving investors vulnerable to painful losses: Evercore

Evercore ISI’s Julian Emanuel warns Big Tech concentration in the S&P 500 is at extreme levels.

Published 9 May 2023
Categorised as Finance News

Stocks making the biggest moves after hours: Lucid, Palantir, PayPal and more

These are the stocks posting the largest moves in extended trading.

Published 8 May 2023
Categorised as Finance News

Zscaler shares surge on better-than-expected guidance. Here’s how to play it

Pros on CNBC discuss Zscaler’s better-than-expected guidance.

Published 8 May 2023
Categorised as Finance News

Worries linger about financial stability following bank rescue, Fed report shows

The Fed last published its Financial Stability Report in November 2022, before the implosion of several prominent mid-sized banks.

Published 8 May 2023
Categorised as Finance News

Fed report shows banks worried about conditions ahead, with focus on slowing economy and deposit outflows

The Senior Loan Officer Opinion survey said requirements got tougher for commercial and industrial loans as well as for many household-debt instruments.

Published 8 May 2023
Categorised as Finance News

Activist investor Peltz tells Cramer he’s not pursuing Club name Estee Lauder

The activist has no intention of pursuing a shakeup at Club holding Estee Lauder (EL), in part because of the prestige beauty firm’s dual-class structure.

Published 8 May 2023
Categorised as Finance News

Stocks making the biggest moves midday: Berkshire Hathaway, Catalent, Tyson Foods, Zscaler and more

These are the stocks posting the largest moves in midday trading.

Published 8 May 2023
Categorised as Finance News

The most important thing Warren Buffett said Saturday, and it isn’t good news for the economy

Warren Buffett, whose conglomerate is viewed as a barometer for the U.S. economic health, didn’t sound so cheery about the near future.

Published 8 May 2023
Categorised as Finance News

Outlook for household spending slumped in April, New York Fed survey shows

The central bank Survey of Consumer Expectations for April showed that the outlook for spending fell by half a percentage point to an annual rate of 5.2%

Published 8 May 2023
Categorised as Finance News

Berkshire Hathaway shares rise as investors cheer earnings beat and Geico’s quick turnaround

Berkshire Hathaway rose Monday as Warren Buffett’s conglomerate won over investors with strong earnings and an insightful weekend “Woodstock for Capitalists.”

Published 8 May 2023
Categorised as Finance News

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