U.S. Yield Curve Flattens as Traders Mull Half-Point March Hike
Monday, January 31, 2022 05:08 AM By Kristine Aquino and James Hirai Two- and 10-year yield gap now smallest since October 2020 Traders price in more than a 25-basis-point increase in March (Bloomberg) — The Treasury yield curveflattened to the lowest level in over a year on Monday as the prospect of a super-sized Federal Reserve rate increase in […]
CNBC: Apple revenue pops 11% to $123.9 billion, Cook says supply chain improving
Apple CEO Tim Cook said on Thursday that the company’s supply chain challenges were improving, sending shares up about 5% in extended trading, while delivering a solid beat on earnings. Apple beat analyst estimates for sales in every product category except iPads and overall revenue was up 11% annually.
Beaten-down cloud software stocks get boost as ServiceNow and Qualtrics top estimates
PUBLISHED WED, JAN 26 20226:50 PM EST Ari Levy@LEVYNEWS ServiceNow and Qualtrics, two notable cloud software companies, topped estimates on Wednesday and delivered guidance that also exceeded expectations. Both stocks were up big after hours, giving a boost to a sector that’s been hammered of late. “We are in a sustained demand environment here,” ServiceNow […]
History of Stock Market Volatility and Recovery Period
Don’t panic. Here’s what investors should know as stocks continue a wild ride PUBLISHED TUE, JAN 25 20222:14 PM ESTUPDATED 29 MIN AGO Greg Iacurci @GREGIACURCI U.S. stocks have taken a beating in January. The S&P 500 index dipped into “correction” territory on Monday for the first time since March 2020. The benchmark fell 10% […]
Microsoft forecast spurs relief rally and shows top companies positioned to weather rising inflation
PUBLISHED TUE, JAN 25 20229:35 PM EST Jordan Novet@JORDANNOVET Microsoft CEO Satya Nadella attends the Viva Tech start-up and technology gathering in Paris on May 24, 2018. Christophe Morin | IP3 | Getty Images Entering its quarterly earnings report on Tuesday, Microsoft’s stock was down 14% in January and headed for its worst month since 2010. […]
Tom Lee says this pullback is a really attractive buying opportunity for 2022
PUBLISHED TUE, JAN 25 20222:04 PM ESTUPDATED 2 HOURS AGO Tanaya Macheel@TANAYAMAC Tom Lee, Fundstrat Global Advisors Scott Mlyn | CNBC Market bull Tom Lee is still keen on stocks, even after Monday’s historic rebound and Tuesday’s declines. “These are great entry points for people because you’ve got so many stocks down and [Monday] had […]
Treasury Yields Jump as Conviction on Fed Hikes Grows
Key economic data this week pose risk of earlier rate hikes Two-year yield exceeds 0.80%, highest since March 2020 By Michael Mackenzie and Edward Bolingbroke January 3, 2022, 6:27 AM PSTUpdated onJanuary 3, 2022, 4:05 PM PST (Bloomberg) — Treasury yields surged, with 10-year notes recording their worst start to a year in more than a […]
Inflation Holds No Fears for Equities Bulls, BofA Survey Shows
Tuesday, January 18, 2022 02:01 AM By Nikos Chrysoloras Spread between stock optimism, bond pessimism at decade high Monthly survey shows highest ever allocation to commodities (Bloomberg) — Global fund managers expect inflation — not economic growth — to decline this year, and are placing record bets on a boom in both commodities and stocks, a […]
Investors see inflation falling, central banks as biggest risk to markets, Bank of America survey shows
PUBLISHED TUE, JAN 18 202212:02 PM EST Edwin Lopez sorts the money in the cash register at Frankie’s Pizza on January 12, 2022 in Miami, Florida. Joe Raedle | Getty Images Professional investors are growing less afraid of inflation and more leery about central banks’ reaction to it, according to the latest Bank of America […]
Deutsche Bank hikes price target for Apple, sees more than 15% upside for tech giant
PUBLISHED TUE, JAN 18 20227:11 AM ESTUPDATED 3 HOURS AGO Jesse Pound@JESSERPOUND In this article AAPL-2.87 (-1.66%) The Apple logo is seen on a window of the company’s store in Bangkok on February 14, 2021. Mladen Antonov | AFP | Getty Images Apple is in a good position to surprise Wall Street in 2022, creating a more […]