Biden welcomes new Australian prime minister to Indo-Pacific club, speaks of ‘dark hour’ in history

Investor's Business Daily
Dow Jones Rallies As Fed Minutes Reveal This; EV Stock Explodes On Guidance; Apple Stock Vaults
The Dow Jones rallied after the latest Fed Minutes were released. Tesla stock fell even as a rival EV play soared. Apple stock popped.
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Yahoo Finance Video
GameStop announces 4-for-1 stock split
Yahoo Finance Live's Jared Blikre looks at GameStop's stock ahead of its four-for-one stock split on July 22nd. 
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MoneyWise
Bill Gates just won legal approval to buy 2,100 acres of North Dakota farmland worth $13.5M — and people are ‘livid’ about it all across the state
The tech billionaire keeps plowing millions into this asset class.
1d ago
Fortune
The omicron subvariant now dominating the U.S. is ‘the worst version of the virus that we’ve seen’
New immune-evading Omicron subvariant BA.5 is now dominant in the U.S., and previous heavy hitter “stealth Omicron” is now a shadow of its former self, according to federal health data released Tuesday.
2d ago
MoneyWise
Don't be duped by doomsayers, JPMorgan says — the S&P 500 will rebound to 4,900. Here are 3 stocks it's using to bet on a bounce
Anyone positioning their portfolio for a recession could be making a big mistake.
2d ago
Yahoo Finance Video
Tesla halts production in Berlin, Shanghai factories
Yahoo Finance's Pras Subramanian explains why Tesla is slowing production in July.
17h ago
MarketWatch
Car quality is slipping: These are the brands with the most and least complaints, study finds
KELLEY BLUE BOOK New car owners are experiencing more problems in the first 90 days of ownership than ever before. Buick took the top spot in the 2022 J.D. Power Initial Quality Study, but the headline isn’t the winner this year.
2d ago
Bloomberg
Samsung Sparks $30 Billion Tech Rally After 21% Sales Jump
(Bloomberg) -- Samsung Electronics Co. reported a better-than-anticipated 21% jump in revenue, assuaging investors’ worst fears about the impact of weakening consumer demand and soaring materials costs on the $550 billion chip industry.Most Read from BloombergNatural Gas Soars 700%, Becoming Driving Force in the New Cold WarRoaring US Rental Market Shows Early Signs of Slowing DownUS, Allies Discuss Capping Russian Oil at $40-$60 a Barrel to Cut War FinancingWall Street Says a Recession Is Comin
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TipRanks
Seeking at Least 11% Dividend Yield? Analysts Suggest 2 Dividend Stocks to Buy
The first half ended last week, and the S&P 500 is now firmly stuck in a bear. The rapid change from record high levels at the end of last year, to a 20%+ drop in these past six months has pummeled investors, who have had to cope with shrinking share values, increased volatility, and an unpredictable and risky equity environment. The most serious issue facing economists and traders right now is the possibility of recession in the near term. The US GDP contracted by 1.6% in Q1, and preliminary da
2d ago
The Independent
JK Rowling says she’ll be buying Macy Gray’s ‘entire back catalogue’ following singer’s ‘transphobic’ comments
Rowling has repeatedly been criticised and accused of transphobia for her past comments about transgender people
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MoneyWise
‘How quickly the tables have turned’: A drop in mortgage rates has homebuyers so cocky they’re asking sellers for cash
Close to 12,000 fewer homes sold in April and May compared to the pre-pandemic average.
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MarketWatch
Here’s how far house prices are set to fall as rates go up, according to this forecasting firm
Stocks are set to veer south post holiday, following earlier optimism over reports President Joe Biden may lower tariffs on some Chinese goods to help ease the inflation sting. There isn’t much to explain the moodiness of stocks, which logged gains on Friday, but weekly losses on worries about a recession spurred on by rising U.S. interest rates. In the U.S., mortgage applications are down 28% from their peak, new home sales are off 17% and housing starts down 13%.
2d ago
TipRanks
Goldman Sachs: 2 High-Yield Dividend Stocks Worth Investing In Now
Let's begin with the fact that no investor can get around right now, the current volatile market. In the words of the Goldman Sachs strategist David Kostin, “The first six months of 2022 have been a brutal time to be an investor in public markets.” The losses, which stand at 19% year-to-date on the S&P 500, have been broad-based; barring outliers, neither value nor growth strategies have offered any respite. Kostin dives into the current conditions, and comes up with some interesting views. He w
13h ago
MarketWatch
S&P 500, Nasdaq book 3rd day of gains after Fed minutes point to another big rate increase this month to tackle inflation
U.S. stocks end with modest gains Wednesday after minutes of the Federal Reserve’s June policy meeting signaled another big rate-hike on tap this month to help cool inflation.
13h ago
Motley Fool
Warren Buffett's Secret Portfolio Has 86% of Its Assets Invested In These 3 Stocks
Berkshire Hathaway's quarterly 13F filing won't tell you about the Oracle of Omaha's $6.3 billion hidden portfolio.
1d ago
Bloomberg
Tycoon Whose Bet Broke the Nickel Market Walks Away a Billionaire
(Bloomberg) -- By 2:08 p.m. Shanghai time on March 8, it was clear that Xiang Guangda’s giant bet on a fall in nickel prices was going spectacularly wrong.Most Read from BloombergNatural Gas Soars 700%, Becoming Driving Force in the New Cold WarRoaring US Rental Market Shows Early Signs of Slowing DownUS, Allies Discuss Capping Russian Oil at $40-$60 a Barrel to Cut War FinancingWall Street Says a Recession Is Coming. Consumers Say It's Already HereCiti Says Oil May Collapse to $65 by the Year-E
9h ago
Bloomberg
TSMC Jumps 5% After Samsung Results Spur Sector Rally
(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. jumped as much as 5.4% in Taipei on Thursday after chipmaking rival Samsung Electronics Co. reported sales that were better than anticipated.Most Read from BloombergNatural Gas Soars 700%, Becoming Driving Force in the New Cold WarRoaring US Rental Market Shows Early Signs of Slowing DownUS, Allies Discuss Capping Russian Oil at $40-$60 a Barrel to Cut War FinancingWall Street Says a Recession Is Coming. Consumers Say It's Already HereCiti Sa
6h ago
Fortune
How Bridgewater’s flagship hedge fund beat the bear market in the first half of 2022 when most others tanked
Is Ray Dalio the king of the bears? As chairman of the world's largest hedge fund with a flagship fund that returned 32% year-to-date, Insider reports, what was Bridgewater's secret?
12h ago
Bloomberg
Euro Slides to Edge of Dollar Parity as Pros Call It ‘Unbuyable’
(Bloomberg) -- The European economy’s lurch toward recession is making traders ever more convinced the euro will drop below parity with the dollar for the first time in 20 years.Most Read from BloombergNatural Gas Soars 700%, Becoming Driving Force in the New Cold WarRoaring US Rental Market Shows Early Signs of Slowing DownUS, Allies Discuss Capping Russian Oil at $40-$60 a Barrel to Cut War FinancingWall Street Says a Recession Is Coming. Consumers Say It's Already HereCiti Says Oil May Collap
2h ago
The Wall Street Journal
Merck Is in Advanced Talks to Buy Seagen for Roughly $40 Billion or More
A deal, potentially worth $40 billion or more, would help Merck broaden its lineup of cancer drugs, currently led by Keytruda.
6h ago

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Biden welcomes new Australian prime minister to Indo-Pacific club, speaks of ‘dark hour’ in history

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