Articles

Meta is one of the cheapest big tech stocks, and that earns it a new ‘buy’ call

Meta is poised to be an open-source leader for the next two major tech platforms, say analysts.

Germany’s Magnificent 7 allowed the DAX to defy economic gloom, says Goldman Sachs

Frankfurt’s DAX index of blue chip stocks sits less than 3% shy of a record closing high thanks to its Mag 7.

Here’s how retirees can get inflation-protected income for life

Combining an annuity with Treasury-Inflation-Protected Securities (TIPS) is a winning strategy, but you have to do it yourself.

Southwest Airlines Chairman Kelly to retire after urging from activist Elliott

Southwest Airlines’ stock was headed higher Tuesday after Executive Chairman Gary Kelly announced plans to retire as part of a continued board “refreshment” at the airline, following urging from activist investor Elliott Investment Management L.P.

Was Apple’s iPhone 16 event a dud? There’s underrated good news for investors.

Analysts say Apple didn’t make a huge case for iPhone upgrades — but Apple Watch and AirPods announcements could move the needle in the sluggish wearables business.

BMW posts profit warning on recall of braking system and weak Chinese demand

The German carmaker cut its guidance as it said it expects to take a “high three-digit million” hit in warranty costs from the recall of the faulty integrated braking system

‘Dr. Doom’ warns about ‘Magnificent Seven’ stocks: ‘The whole world has been gambling.’

Veteran trader Marc Faber explains how to protect your money from market uncertainty.

Bank of America raises employee minimum wage to $24 per hour

The banking giant said it remains on track to pay $25 an hour by 2025 — a significant bump from the $15-per-hour minimum in 2018.

U.S. bankruptcy filings spiked in August after slowdown in July

U.S. bankruptcy filings spiked in August after a slowdown in July, propelling the total for the first eight months of the year to the highest level since 2020 and second-highest since 2010, S&P Global Market Intelligence said Monday.

Oil futures give back chunk of Monday bounce after disappointing China data

Oil futures fell Tuesday, with concerns about demand from China back in focus after another round of lackluster economic data.

Here are the lessons from every stock-market correction since 1973, according to Goldman Sachs

A team of Goldman Sachs strategists studied every market downturn, and came up with these lessons.

Top miners set to suffer from global industrial slump, Deutsche Bank says

A slowdown in industrial activity in China, the U.S. and Europe is set to push down the prices of copper, nickel and iron ore, and see the world’s top metals producers suffer
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