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Category: Finance News

Major Wall Street firm sees a breakout in luxury stocks — and lists three reasons why ETFs are a great way to play it

Matt Bartolini, head of SPDR Americas research at State Street Global Advisors, finds valuations, earnings upgrades and price momentum are fueling the charge.

Published 29 April 2023
Categorised as Finance News

As part of the ‘cocktail culture,’ consumers are still splurging on dinner and drinks

When it comes to discretionary spending, splurging looks different in 2023: These days, adults would rather treat themselves to drinks or dinner out.

Published 29 April 2023
Categorised as Finance News

Mark Cuban says he’s losing nearly 1,000 Twitter followers a day—and paying $8 for a blue check hasn’t helped

Mark Cuban thought he was being shadow-banned on Twitter, so he signed up for the platform’s new subscription service. It didn’t fix the problem, he says.

Published 29 April 2023
Categorised as Finance News

Actively managed funds come with unique risks and rewards. Here’s how investors can pick a winner

Actively managed funds can outperform during periods of volatility, but investors will have to do their due diligence.

Published 28 April 2023
Categorised as Finance News

31% of new crypto buyers influenced by friends. Here’s why that can be ‘a horrible idea,’ advisor says

A third of new cryptocurrency investors are primarily motivated by friends to make their purchase. It may not always be sage advice, experts warn.

Published 28 April 2023
Categorised as Finance News

Mark Cuban says he could get people to pay $100 for Twitter’s blue checkmarks—Elon Musk’s strategy is a ‘huge mistake’

Billionaire entrepreneur Mark Cuban said Elon Musk made a “huge mistake” with Twitter’s new blue checkmark system. Here’s what he recommended instead.

Published 28 April 2023
Categorised as Finance News

Stocks making the biggest moves midday: First Republic, Snap, Amazon, Intel and more

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

Published 28 April 2023
Categorised as Finance News

Fed report on SVB collapse faults bank’s managers — and central bank regulators

The Fed blamed failures on mismanagement and supervisory missteps, compounded by a dose of social media frenzy.

Published 28 April 2023
Categorised as Finance News

United Airlines’ plan to revamp narrow-body cabins faces supply chain delays

The upgrades include bigger premium cabins, seat-back screens, Bluetooth capabilities and other amenities.

Published 28 April 2023
Categorised as Finance News

Key inflation gauge for the Fed rose 0.3% in March as expected

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Published 28 April 2023
Categorised as Finance News

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