Signs of Potential Opportunity for Stocks as Bond Yields Decline
Bond yields are showing signs of decline, presenting attractive investment opportunities for stocks, particularly in the utilities, consumer staples, healthcare, and technology sectors.
Australia's Consumer Prices Exceed Expectations, Raising Speculation of Rate Hike
Australia's consumer prices have surpassed expectations, fueling speculation of an interest rate hike. The Reserve Bank of Australia may raise rates at its upcoming meeting. This article analyzes the inflation data and its implications.
Anheuser-Busch InBev S.A. ADR Sees Solid Gains
Anheuser-Busch InBev ADR (BUD) experienced solid gains, outperforming competitors. Near 52-week high, increased trading volume, and positive market performance.
Wall Street Strategist Predicts Sideways Trading for Stocks
Barry Bannister, chief equity strategist at Stifel, predicts sideways trading for stocks until April 2024 with potential earnings pressure due to higher interest rates. Categories: Finance, Stock Market, Predictions. Tags: Wall Street, Barr...
Ackman Closes Bet Against Treasury Bonds
Bill Ackman, head of Pershing Square, has closed his bet against 30-year Treasury bonds, predicting a turnaround in yields. He believes the economy is slowing faster than recent data suggests.
Okta Inc. Faces Selloff Amidst Data Breach Concerns
Shares of Okta Inc. continue to plummet following a recently disclosed data breach. Analysts assess potential impact on future and customer concerns.
Emirates and Neste Expand Partnership for Sustainable Aviation Fuel Supply
Emirates announces expanded partnership with Neste to supply sustainable aviation fuel, reducing carbon emissions and supporting operational efficiency.
Interest-Rate Hike Unlikely at Federal Reserve Meetings
Recent bond yield increases make an interest-rate hike unlikely at upcoming Federal Reserve meetings. Fed Chair Powell acknowledges the tightening effect of rising bond yields.
IHG Expects Surplus Capital Return to Shareholders After Strong Q3 Performance
InterContinental Hotels Group (IHG) expects to return surplus capital to shareholders following a strong Q3 performance driven by robust travel demand and recovery in China.
SolarEdge Technologies Lowers Q3 and Q4 Revenue Outlook
SolarEdge Technologies Inc. announces lower revenue outlook for Q3 and Q4 due to slowdown in solar-power installations in Europe. Delays and cancellations in existing backlog cited as reasons.