Ritholtz’s Brown claimed the shares he favors are trading at a 34% discount relative to the S&P 500, when compared to an average discount of 16% more than the previous 20 decades.
Supply
These shares are ‘twice as cheap’ as the S&P 500 with a ‘multi-ten years lower price,' states Ritholtz’s Josh Brown
World
Asia stock markets track losses on Wall Street as AI fears hit sentiment
An aerial view of Singapore’s skyline. Tong Thi Viet Phuong | Moment | Getty Images Asia-Pacific markets opened mostly lower Friday after fears about artificial intelligence disruption in the U.S. sent the S&P 500 to a third straight day of losses. Certain pockets of the U.S. stock market have been hit this year by the […]
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World
Cisco stock has worst day since 2022 as memory prices pressure margins
A logo sits illuminated outside the Cisco booth at ISE 2024 on January 30, 2024 in Barcelona, Spain. Cesc Maymo | Getty Images Cisco Systems shares closed 12% lower Thursday as rising memory prices put pressure on the networking company’s margins. It’s the stock’s worst day since 2022. Strong demand for artificial intelligence data centers […]
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World
Airbnb shares rise on company’s revenue beat, rosy guidance
Shares of Airbnb were up about 2% in extended trading Thursday after the company reported fourth-quarter results that beat expectations for revenue and offered rosy guidance for the current period. Here’s how the company did based on analysts’ estimates compiled by LSEG: Earnings per share: 56 cents vs. 66 cents expected Revenue: $2.78 billion vs. $2.72 billion […]
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