Deutsche Bank’s Binky Chadha is bullish again, confident that the Trump administration will continue to back down on tariffs. “Our base case was for a significant rally in equities on a credible relent on trade policies,” the chief U.S. equity and global strategist wrote on Tuesday. “In the event, the administration relented earlier than we […]
Check out the companies making headlines before the bell. Dollar General — Shares of the discount retailer popped more than 10% after the company lifted its annual sales outlook, saying its updated guidance assumes that current tariff rates will remain through mid-August. Dollar General also beat on top and bottom lines for the first quarter. […]
Klarna is synonymous with the “buy now, pay later” trend of making a purchase and deferring payment until the end of the month or paying over interest-free monthly installments. Nikolas Kokovlis | Nurphoto | Getty Images Swedish fintech Klarna — primarily known for its popular “buy now, pay later” services — is launching its own […]
Investor Steve Eisman of “The Big Short” fame thinks it’s dangerous to chase upside right now. “I have one concern, and that’s tariffs. That’s it,” the former Neuberger Berman senior portfolio manager told CNBC’s ” Fast Money ” on Monday. “The market has gotten pretty complacent about it.” Now podcast host of “The Real Eisman […]
Annabelle Gordon/Bloomberg via Getty Images The massive package of tax cuts House Republicans passed in May is expected to increase the U.S. debt by trillions of dollars — a sum that threatens to torpedo the legislation as the Senate starts to consider it this week. The Committee for a Responsible Federal Budget estimates the bill, […]
Check out the companies making headlines in midday trading. Tesla — Shares of the electric vehicle company dropped 3% after sales in May in declined in several European markets. Reuters reported that Tesla suffered weaker sales in Sweden, France, Spain, Denmark and the Netherlands, but improved in Norway, boosted by the revamped Model Y. Advertising […]
These are the stocks posting the largest moves in the premarket. Source link
Investors always pay close attention to bonds, and what the latest movement in prices and yields is saying about the economy. Right now, the action is telling investors to stick to the shorter-end of the fixed-income market with their maturities. “There’s lots of concern and volatility, but on the short and middle end, we’re seeing […]
Chinese smartphone company Xiaomi in the last week reported record net profit for a second-straight quarter, bolstering several analysts’ conviction on the Hong Kong-listed stock. In absolute dollar terms, Xiaomi’s earnings are still a fraction of Apple’s . But the Chinese company has a larger smartphone market share in China , and has built an […]
Sarah Kapnick started her career in 2004 as an investment banking analyst for Goldman Sachs. She was struck almost immediately by the overlap of financial growth and climate change, and the lack of client advisory around that theme. Integrating the two, she thought, would help investors understand both the risks and opportunities, and would help […]