Day: March 27, 2022
Amazon, Walmart and more: Cowen loves these stocks it says can beat surging inflation
Cowen has identified several tech and internet stocks it rates as likely to outperform, some of which are set to return “at least” 15% over the next 12 months. Source
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These global stocks are long-term outperformers with healthy dividends, Barclays says
Barclays says these 10 stocks are trading at a discount and could present an opportunity for investors right now. Source
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Japanese stocks set for lower start; data shows China’s industrial profits rose
SINGAPORE — Shares in Japan looked set for a lower open on Monday, while data released over the weekend showed Chinese industrial profits grew in the first two months of the year. The Nikkei futures contract in Chicago was at 28,045 while its counterpart in Osaka was at 28,010. That compared against the Nikkei 225’s […]
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Oscars updates: Netflix and Apple face off in streaming-services showdown for Best Picture
Workers place Oscar statues along the red carpet as preparation for the Academy Awards continue in Los Angeles, California, March 24, 2022. Mike Blake | Reuters The Academy of Motion Picture Arts and Sciences is hoping that movie lovers will unite and spark an uptick in ratings for the 94th Academy Awards. With the diversity […]
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Stock futures are little changed ahead of a big week of economic data
Traders on the floor of the NYSE, March 25, 2022. Source: NYSE Stock futures were little changed Sunday evening as investors look ahead to a series of key economic reports and continue to keep a close eye on the Federal Reserve’s planned interest rate hikes. Futures tied to the Dow Jones Industrial Average inched higher […]
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Tesla to halt Shanghai factory production amid Covid curbs, Bloomberg News reports
Aerial view of the Tesla Shanghai Gigafactory on Mar. 29, 2021 in Shanghai, China. Xiaolu Chu | Getty Images News | Getty Images Tesla is planning to suspend production at its Shanghai factory for at least one day, Bloomberg News reported on Sunday, as China’s financial hub said it would go into a lockdown in […]
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Biden’s job approval rating hits lowest point of his presidency as most Americans think the U.S. headed in the wrong direction
U.S. President Joe Biden reacts at the House Democratic Caucus Issues Conference in Philadelphia, Pennsylvania, March 11, 2022. Jonathan Ernst | Reuters President Joe Biden’s job approval ratings keep falling in his second year in the White House, with just 40% of Americans approving of the job that he is doing, a new NBC News […]
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Top Wall Street analysts see long-term upside in these stocks even amid investor uncertainty
A silhouette of a woman wearing a protective face shield and a protective face mask is seen near to a Nike logo at a shopping mall. Ajeng Dinar Ulfiana | Reuters Investors made it through another volatile week, as the three major indexes notched gains for the period. For now, markets seem to be shaking […]
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Here’s what’s inside the nearly $140,000 gift bag given to Steven Spielberg, Will Smith and other Oscar nominees
The Oscars are on Sunday, and Los Angeles will soon be awash in designer gowns, famous movie stars and high-price gift bags. For the 20th consecutive year, LA-based marketing company Distinctive Assets is distributing its famously expensive “Everybody Wins” gift bags to select nominees. This year’s bag is valued at just over $137,000 and includes […]
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Amazon faces another high-stakes union election as vote kicks off in Staten Island
Workers stand in line to cast ballots for a union election at Amazon’s JFK8 distribution center, in the Staten Island borough of New York City, U.S. March 25, 2022. Brendan Mcdermid | Reuters On Friday afternoon, a stream of Amazon workers exited a sprawling warehouse on New York’s Staten Island after wrapping up the daytime […]
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