U.S. job juggernaut rolled on in November; nonfarm payrolls up 263,000
- Stocks end near flat as investors assess earnings, data
- Netflix Q1 earnings top estimates on blowout subscriber growth
- Taiwan Semi (TSM) Q1 profit beats expectations on AI demand
- Stocks have priced in much of the 2024 optimism - Wells Fargo
- Intuitive Surgiical (ISRG) beats earnings, revenue expectations in Q1
- Tritium DCFC Limited (DCFC): Three Australian subsidiaries were determined to be insolvent or likely to become insolvent
- Hasbro (HAS) Announces Resignation of Cynthia Williams, President of Wizards of the Coast and Hasbro Gaming
- Frontier Communications (FYBR) says third party had gained unauthorized access to portions of its information technology environment
- Ibotta (IBTA) Prices 6.56M Share IPO at $88/sh
- Netflix (NFLX) Tops Q1 EPS by 77c, Offers Guidance
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
- Midday movers: Tesla, Blackstone, Las Vegas Sands fall; DR Horton rises
- After-hours movers: Alcoa rises; Equifax and Las Vegas Sands fall
- Midday movers: Travelers, JB Hunt fall; United Airlines rises
- After-hours movers: United Airlines, J.B. Hunt, and more
Recession risk a concern but fund portfolio holdings consistent with soft landing expectations
December 5, 2022 11:04 AM ESTGoldman Sachs analyst David Kostin said in a note to clients on Monday that the firm's analysis of $5 trillion of hedge fund and mutual fund holdings "show more similarities than differences."
The firm recently published reports that analyzed 786 hedge funds with $2.3 trillion of gross equity positions and 548 mutual funds with $2.5 trillion of AUM at the start of 4Q 2022.
"Macro hedge funds... More
Signals suggest inflation is peaking - Berenberg
December 2, 2022 10:36 AM ESTBerenberg analyst Jonathan Stubbs told investors in a note on Friday that signals suggest inflation is peaking.
He explained that the firm analyse the inflation rates in the 40 largest economies around the world, with the median inflation (CPI) rate currently 10%, the "highest level since 1982 on this basis and compares to 1.7% at the start of 2021."
"The world is experiencing a sharp inflationary shock for a variety of reasons.... More