BofA is a 'Patient Bear' Despite Flows Suggesting This is More Than a Bear Market Rally
- Wall St rises as Big Tech charges higher
- Microsoft fiscal Q3 results top estimates as AI revolution spurs cloud growth
- Alphabet stock surges 11% to record high on Q1 earnings beat, first-ever dividend
- Intel slides in afterhours trading as Q1 revenue misses, Q2 outlook falls short
- Oil up on geopolitical tensions, gains curbed by fading fed rate cut hopes
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Union Pacific beats profit estimates on stronger pricing, resumes share buyback
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hertz Global (HTZ) misses earnings expectations as fleet costs weigh
- Teladoc (TDOC) Misses Q1 EPS by 3c, offers outlook
- Midday movers: Alphabet, Microsoft and Snap rise; Intel, Hertz Global fall
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
Fed Hawkishness is Likely Behind and a Soft Landing is Increasingly Likely - JPM's Kolanovic
August 16, 2022 7:04 AM EDTJPMorgans top quant Marko Kolanovic believes the tail risks are diminishing after the July CPI print, which came in weaker than expected.
The stock market surged higher last week in response to the softer CPI print with signs that a peak in inflation has already been seen are growing. For... More