Investors looking for Big Tech exposure in this environment may want to avoid buying “FAANG” and focus on another stock group instead, Jefferies said.
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Own the ‘MANG’ stock portfolio instead of ‘FAANG’ in these conditions, Jefferies says
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OPEC+ announces 188,000 barrels-per-day output increase in first meeting without UAE
Jonathan Raa | Nurphoto | Getty Images OPEC+ has agreed an increase in oil output of 188,000 barrels per day, the cartel said on Sunday, as it pushes on with production in the first meeting since the loss of its key member, the United Arab Emirates. The group of seven major oil producers announced it […]
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Israel approves plan to buy F-35 and F-15IA fighter jets from Lockheed, Boeing
An F-35 fighter jet takes off from the US airbase in Ramstein as part of a large-scale exercise involving numerous fighter jets from several NATO countries. Boris Roessler | Picture Alliance | Getty Images Israel gave final approval for a plan to purchase two new combat squadrons of F-35 and F-15IA advanced fighter aircraft from […]
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U.K. government plans to allow airlines to consolidate flights as jet fuel costs soar
Stock picture of a British Airways plane taking off from London Heathrow Airport. Stefan Rousseau – Pa Images | Pa Images | Getty Images The U.K. government said on Sunday it plans to temporarily allow airlines to consolidate passengers onto fewer planes over the summer holiday season, a move aimed at preventing last-minute flight cancellations […]
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