Investment strategy
Goldman’s ways to play deglobalization, onshoring trend fueled by pandemic and Ukraine war
Goldman Sachs strategists say companies that are reducing their global exposure or benefit from onshoring are outperforming so far this year. Source
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Stocks making the biggest moves midday: AT&T, Nvidia, Sailpoint Technologies and more
A pedestrian walks in front of an AT&T location in New York. Scott Mlyn | CNBC Check out the companies making headlines in midday trading Monday: AT&T — Shares of AT&T jumped more than 7% after the telecom giant announced that it closed its transaction with Discovery to spin off its WarnerMedia business. The combined […]
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Oil drops, Brent crude falls below $100 as China lockdowns spark demand fears
Oil pumping rigs are situated next to a vineyard of table grapes as viewed on July 8, 2021, north of Bakersfield, California. George Rose | Getty Images Oil prices slid Monday, accelerating two straight weeks of declines as lockdowns in China sparked demand fears. International benchmark Brent crude declined 3.9%, or $4.02, to trade at […]
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5 things to know before the stock market opens Monday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures are down to start the week People walk along Wall Street near the New York Stock Exchange on March 08, 2022 in New York City. Spencer Platt | Getty Images U.S. stock futures were slightly […]
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Stocks making the biggest moves in the premarket: Nio, Veru, Sailpoint Technologies and more
Take a look at some of the biggest movers in the premarket: Nio (NIO) – The China-based electric carmaker’s shares slumped 8.4% in premarket action after it suspended production due to Covid-19 related supply chain disruptions. Veru (VERU) – The drugmaker’s shares surged 24.8% in the premarket after it reported “overwhelming” evidence of efficacy for […]
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Deepak Chopra: Here’s how to be mindful with your money
Tommaso Boddi | Getty Images Entertainment | Getty Images Americans are stressed and anxious about money of late. Being mindful can help, according to wellness expert Deepak Chopra. Some 52% of U.S. adults are under more financial stress than a year ago, according to a CNBC + Acorns Invest in You survey conducted by Momentive. […]
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Shopify plans a 10-for-1 stock split, eyes ‘founder share’ to protect CEO’s voting power
The logo of Shopify is seen outside its headquarters in Ottawa, Ontario, Canada, September 28, 2018. Chris Wattie | Reuters Ecommerce start-up Shopify said Monday it is planning a 10-for-1 stock split, while seeking shareholder approval for a “founder share” for its CEO Tobi Lutke to increase his voting power. Upon shareholders’ approval, Shopify will […]
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This isn’t a recession – it’s a ‘war-cession,’ top strategist says. Here’s why it’s different
LONDON — The global economy is likely entering a “war-cession,” according to veteran investment strategist David Roche, and markets are underestimating its duration. It comes as markets attempt to navigate a flurry of concurrent economic hurdles, including Russia’s invasion of Ukraine, soaring inflation, rising interest rates and supply disruption from China’s efforts to contain a […]
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Stock futures inch higher as Wall Street looks to rebound from a losing week
Traders on the floor at the NYSE, April 5, 2022. Source: NYSE Stock futures moved up slightly on Sunday evening as Wall Street looks to shake off a losing week. Futures tied to the Dow Jones Industrial Average added 36 points, or 0.1%. Those for the S&P 500 and Nasdaq 100 ticked up 0.1% and […]
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Earnings playbook: Big banks and an airline kick off the reporting season
The corporate earnings season will get going next week with some of the biggest U.S. banks slated to report. Source
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