A shortened holiday week appears to be starting slower as China posted weak growth figures and more profits. This is after two positive weeks to start 2023. But there is more than a whiff of optimism in the air, according to our call of the dayof the founder and chief investment officer of the Macro …
What worked well for years of a bull market through 2021 – the focus on growth, regardless of price – has come to a halt this year. The revival of the value investing style – and modest valuations overall – has taken hold. The approach adopted by the Invesco S&P 500 GARP ETF has paid …
This fund beats the S&P 500 using only 75 of its constituents. Here’s how it works. Read More »
Tim Draper, founder and managing partner of Draper Associates and Draper University, balked at comparing the stunning implosion of crypto trading platform FTX to famed biotech startup Theranos, in a conversation with MarketWatch. . “It’s not like Theranos,” he said. In a phone interview on Friday, Draper said he was unaware of any comparison between …
PayPal Holdings Inc.’s cost savings story began to materialize in the last quarter, but that wasn’t enough to satisfy investors as the digital payments giant also cut its revenue forecast for the month. whole year in light of the “difficult macro-economic environment”. .” Shares fell 10% in after-hours trading after PayPal PYPL, -3.65% Executives slashed …
PayPal’s revenue forecast rises, but revenue outlook drives stock down further Read More »
It’s time to go for the Fed, which is set to make a fourth consecutive major hike, although there are obviously bigger questions hanging over December’s plans. Wall Street is understandably on the fence, especially after Tuesday’s batch of good is bad data. Our call of the day from Stuck in the Middle blogger Mr. …
The cloud boom has finally reached an altitude of rest, but Wall Street is doing anything but rest. Amazon.com Inc. AMZN, -4.06%, the original cloud computing pioneer, confirmed Thursday which rivals Microsoft Corp. MSFT, -1.98% and Alphabet Inc. GOOGL, -2.85% GOOG, -2.34% suggested with their earnings reports earlier in the week: Cloud computing growth has …
The cloud boom has hit its stormiest moment yet, and it’s costing investors billions Read More »
On the heels of last week’s bullish turn for equities, the market got off to a mixed start on Monday. Hong Kong stocks could affect the mood with a giant slump after the Chinese leader consolidates his power. And we are entering a Fed blackout period ahead of next week’s meeting that is expected to …
