Chip Somodevilla/Getty Images; BI US stocks rose to records on Monday after Federal Reserve Chair Jerome Powell’s commented on the economy. Powell emphasized the economy’s strength and recalibrated interest rate cut expectations. Investors are also eyeing key employment data releases this week for further market direction. US stocks rose on …
Read More »‘What Tells You Whether You Should Keep Owning A Stock Is…’
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Billionaire investor and investment guru Warren Buffett once shared the thumb rule he uses when to give up on a stock and in the process explained why investors are better off than business …
Read More »The stock market is headed for a 10% correction as the job market slows and inflation stays sticky, Stifel stock chief says
Adobe Firefly, Tyler Le/BI Stocks could see a 10% drop by the end of the year, Stifel’s Barry Bannister says. The bank’s stock-strategy chief pointed to the slowing job market and the potential for sticky inflation. He added that interest rates likely aren’t dipping below 3% without an economic slowdown. …
Read More »PepsiCo in talks to buy Siete Foods for over $1 billion, WSJ reports
(Reuters) -PepsiCo is in advanced talks to acquire tortilla-chip maker Siete Foods for more than $1 billion, the Wall Street Journal reported on Monday, citing people familiar with the matter. Texas-based Siete Foods is owned by the Garza family and operated by all seven of its members. A deal for …
Read More »3 cheap areas of the stock market to buy as the Fed unveils a ‘rare double whammy’ of stimulus, BofA says
ismagilov/Getty, Yellow duck/Getty, Tyler Le/BI Investors should snap up value stocks in three specific sectors, Bank of America said. The firm says they’re poised to outperform as the Fed cuts rates while corporate profits are still accelerating. US stock-strategy chief Savita Subramanian refers to the situation as a “rare double …
Read More »Super Micro Split Its Stock. Here’s What to Expect Next.
Super Micro Split Its Stock. Here’s What to Expect Next. Source link
Read More »A Gen Xer with a master’s degree hasn’t found work in 9 years. He says he’s only landed four interviews.
Chris Putro, 55, has been looking for a job for a job for the last nine years. Chris Putro Chris Putro, 55, has been struggling to find a job for the last nine years. He has a master’s and over a decade of experience but says this hasn’t helped him …
Read More »These Two Chip Stocks Are the Third Quarter’s Worst Performers
These Two Chip Stocks Are the Third Quarter’s Worst Performers Source link
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Read More »AT&T Sells Stake in DirecTV. What It Means for the Stock’s Dividend.
AT&T Sells Stake in DirecTV. What It Means for the Stock’s Dividend. Source link
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