$22 Billion in 'Unrelenting' New Short Positions Were Added Last Week - Citi
- Wall St rallies on bright earnings, megacaps' support
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil falls back after robust EU data as Mideast tensions linger
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- SAP Q1 results fall short of Wall Street estimates as transformation kicks off
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Kroger (KR), Albertsons and C&S Wholesale Grocers Announce an Updated and Expanded Divestiture Plan
- Costar Group (CSGP) to Acquire Matterport (MTTR) for $5.50/sh Cash and Stock
- Jaguar Health (JAGX) Files $75M Mixed Shelf
- Apple (AAPL) PT Lowered to $210 at Morgan Stanley, 'We'd buy post-earnings weakness'
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
'Dividend Increases Continue at Record Levels' - S&P Dow Jones
October 4, 2022 1:32 PM EDTS&P Dow Jones released its third quarter 2022 guidance on dividend payment activities of S&P 500 companies on Tuesday.
The firm revealed that the 2022 net indicated dividend rate change increased by $17.7 billion in Q3, compared to $17.6 billion in Q2 and $20.9 billion in Q3 2021.
S&P Dow Jones Indices' senior index analyst Howard Silverblatt said, "dividend increases continue at record... More
No Full Capitulation on Wall Street Yet - Bank of America
October 4, 2022 7:04 AM EDTBank of America strategist Jill Carey Hall noted that flows are getting more and more defensive after the S&P 500 hit a fresh year-to-end (YTD) low last week.
The index closed almost 3% lower last week, during which BofAs clients were net buyers of U.S. equities for the fourth week. The buying activity was mostly concentrated on ETFs, which saw the biggest inflow since December.... More
Sell Into Bear Market Rally - Credit Suisse
October 4, 2022 5:34 AM EDTCredit Suisse strategists led by Andrew Garthwaite are telling clients to sell this bear market rally.
Tactical indicators show there's "some scope for bear market rally now but sell into it," strategists wrote in a client note.
... More