Category Archives: Syndicated
‘It’s going to be a year where we are shocked by the volatility,’ BofA’s Savita Subramanian warns
(CNBC) Investors should proceed with caution, according to BofA Securities’ Savita Subramanian. Even though February kicked off on a strong note, she warned a messy sideways market is ahead. “It’s going to be a year where we are shocked by […]
After a huge year for growth, the U.S. economy is about to slam into a wall
(CNBC) Spurred by a massive inventory rebuild and consumers flush with cash, the U.S. economy last year grew at its fastest pace since 1984. Don’t expect a repeat performance in 2022. In fact, the year is starting with little growth […]
Global venture capital investment nearly doubled in value to $671bn in 2021
(Opalesque) 2021 saw $671 billion invested throughout the full year 2021, a staggering sum when compared to the annual highs seen at the start of the decade, said a study. According to the latest quarterly report from KPMG Enterprise 2021 […]
Federal Reserve’s Barkin says businesses would welcome higher interest rates
(CNBC) The U.S. economy is ready for interest rate increases to control rampant inflation, Richmond Federal Reserve President Thomas Barkin said Monday. With the Fed poised to start hiking rates in March and beyond, Barkin says that tighter monetary policy […]
The value of Warren Buffett’s Apple investment just went up by $9.8 billion in less than a day
(CNBC) The value of Berkshire Hathaway’s holdings in Apple increased $9.8 billion last week as Apple stock rose nearly 7% on a strong earnings report. Apple reported December quarter earnings of nearly $124 billion in sales and strong sales growth […]
Fed’s Bostic tells the FT the central bank could hike rates by a half-point if needed
(CNBC) The Federal Reserve isn’t ruling out raising interest rates by half of a percent instead of the typical quarter-point move if inflation remains high, Atlanta Fed President Raphael Bostic said in an interview with the Financial Times. Bostic reiterated […]
Big swings in the market are more normal than investors might expect, but things could get worse
(CNBC) The stock market’s wild gyrations this past week have been an emotional roller coaster for investors, and the ride has not come to a full stop. It feels bad right now, and strategists say it could get worse as […]
Activist hedge fund Elliott reveals NiSource stake
(Hedgeweek) Activist investor Elliott Management has backed NiSources’ decision to appoint a new chief executive officer (CEO) having revealed a stake in the US utility company, according to Reuters. To read this article:
The Hedge fund that made $700 million on GameStop knew it was time to sell after an Elon Musk tweet
(CNBC) One hedge fund got the GameStop trade just about perfectly right last year — buying it under $10 and selling when the meme stock peaked. The sell signal it used? An Elon Musk tweet. That’s how 2021?s top-performing hedge […]
Apple revenue pops 11% to $123.9 billion, Cook says supply chain improving
(CNBC) 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 […]
Robinhood shares tank 15% after it loses active users, forecasts weak revenue
(CNBC) Stock-trading app Robinhood gave a bleak revenue forecast for the first quarter of 2022 on Thursday as its latest earnings report showed a decline in active users. To read this article:
Stock futures rise as market set to wrap up a wild week, Apple shares pop
(CNBC) Stock futures rose in overnight trading Thursday, boosted by a jump in Apple shares, as Wall Street looks to wrap up a roller-coaster week on a high note. Futures on the Dow Jones Industrial Average gained about 100 points. […]