These stocks soared up to 12% after inflation cooled

These stocks soared up to 12% after inflation cooled

Amid the euphoria following what appeared to be the first sign of slowing inflation, stocks staged a broad rally on Aug. 10, with dozens of large-cap stocks rising 5% or more. Those included several tech names that investors loved during the early stages of the coronvirus pandemic, along with cruise lines, credit-card lenders and chip-related … Read more

Opinion: Here’s the big concern with chip makers scoring billions in funds from Uncle Sam

Opinion: Here’s the big concern with chip makers scoring billions in funds from Uncle Sam

On the day that Congress finally passed a long-awaited funding package for domestic US chip production, Intel Corp. slashed $4 billion from its spending plans while detailing disappointing earnings that one analyst called “the worst we have seen in our career.” On Tuesday, when President Biden signed that bill into law with Micron Technology MU, … Read more

The red flag that preceded a halving of global equities in 2000 and 2007 is back, warns Citi

The red flag that preceded a halving of global equities in 2000 and 2007 is back, warns Citi

We are a day away from data that could prove a turning point for markets. If Wednesday’s CPI doesn’t reveal some slowing in prices, expectations will rise for a bigger Fed rate hike in September, possibly knocking stocks. But if it swings the other way, especially after surprisingly good jobs data, the view that things … Read more

Let’s Remember Some Cables

Let’s Remember Some Cables

Image: Gizmodo/Shutterstock (Shutterstock) Gizmodo is 20 years old! To celebrate the anniversary, we’re looking back in some of the most significant ways our lives have been thrown for a loop by our digital tools. Glance at your laptop and you might see a single USB-C cable. The industry is consolidating to a universal interface used … Read more

AMD stock slips as revenue forecast dips below Street consensus

AMD stock slips as revenue forecast dips below Street consensus

Advanced Micro Devices Inc. shares declined in the extended session Tuesday after the chip maker’s revenue forecast fell below the Wall Street consensus after posting record sales, topping Street expectations and reporting a huge surge in data-center sales. “Taking a step back, while there has been additional softness in the PC market in recent months, … Read more

FAANGs ain’t what they used to be, so beware the bear-market bounce says this hedge fund manager

FAANGs ain’t what they used to be, so beware the bear-market bounce says this hedge fund manager

It’s been some rally. The S&P 500 SPX, -0.07% is starting the week at a seven-week high, bolstered by hopes for a less hawkish Fed and a sense that earnings pessimism was overdone. The benchmark stock index is up 12.6% from the recent low hit md-June, having delivered its best July performance since 1939, according … Read more

15 quality dividend stocks that you can buy on sale right now

15 quality dividend stocks that you can buy on sale right now

John Buckingham, editor of the Prudent Speculator newsletter, paraphrases Warren Buffett when he says “whether it is socks or stocks, we like to buy quality merchandise that is marked down.” And 2022 is a year that has set up attractive buying opportunities. Pouring money into stocks during a bull market means you’re buying high. But … Read more

Apple has been worried about iPhone supply, but that may swing to demand concerns

Apple has been worried about iPhone supply, but that may swing to demand concerns

Throughout the pandemic, Apple Inc.’s biggest challenge has been maintaining an appropriate supply of its devices, but as the company heads toward a new iPhone launch, could the equation flip? Apple AAPL, -0.88% benefited from resilient demand in the first couple of years of the COVID-19 crisis, as governments pumped out stimulus funds and consumers … Read more

Big Tech earnings are about to determine the direction of the market

Big Tech earnings are about to determine the direction of the market

Just five companies control nearly a quarter of the S&P 500 index’s market cap, and they will all report earnings this week that could determine the direction of the market for weeks or months to come. Amazon ripped off the Band-Aid three months ago, and it looks like some of its Big Tech cohorts may … Read more

Two pieces of good news for investors and three moves to make now in the wake of surging CPI, from UBS

Two pieces of good news for investors and three moves to make now in the wake of surging CPI, from UBS

While stocks didn’t completely roll over following that ugly consumer price index print, futures indicate they may take another whack at it on Thursday. That’s thanks in part to a miss from JPMorgan, which is helping kick off earnings season. (Read more below). How high will inflation reach and what lengths will the Federal Reserve … Read more