Dow Jones Futures Rise But Market Awaits Supersize Fed Rate Hike

Fortune
Outgoing Whole Foods CEO says young people ‘don’t seem like they want to work’ and thinks ‘socialists are taking over’
John Mackey is bowing out in the battle between CEOs and a new generation entering the workforce, but as he told "Reason," he’s not leaving silently.
1d ago
TheStreet.com
Billionaire Mark Cuban Takes Surprise Stance on Controversial New Tax
The entrepreneur Mark Cuban just took a stand in a debate that's hotly controversial in business circles and Congress.
1d ago
CNW Group
SNDL Reports Second Quarter 2022 Financial and Operational Results
SNDL Inc. (NASDAQ: SNDL) ("SNDL" or the "Company") reported its financial and operational results for the second quarter ended June 30, 2022. All financial information in this press release is reported in millions of Canadian dollars unless otherwise indicated. All results for the second quarter of 2021 exclude the subsequent acquisitions of Inner Spirit Holdings ("Spiritleaf") and Alcanna Inc. ("Alcanna"), which closed on July 20, 2021, and March 31, 2022, respectively.
10h ago
MarketWatch
Three Chinese corporate giants are leaving the New York Stock Exchange
Three state-owned Chinese corporate giants announced plans Friday to remove their shares from the New York Stock Exchange, adding to a growing financial separation between the biggest global economies in the midst of a dispute over scrutiny of company audits.
19h ago
MarketWatch
Inflation report brings 2 pieces of good news for retirees and retirement savers
Retirees and those seeking secure income got two items of very good news this week, though you may only have heard about one. July’s inflation came in below fears (although a debate now rages on what the “real” inflation rate is—more on that below). Meanwhile, your ability to earn a guaranteed rate of return on risk-free investments, regardless of what happens to inflation, actually went up.
12h ago
MoneyWise
Kevin O'Leary says these are the best assets to own as inflation stays white hot
Inflation is still near multi-decade highs. Mr. Wonderful is using these stocks to fight back.
16h ago
Fortune
The ‘writing is on the wall’ for ‘Chimerica’ on U.S. stock exchanges as $318 billion of Chinese equity flees Wall Street
On Friday, five of China's biggest state firms announced their exit from Wall Street. More delistings could be on the way as Washington and Beijing remained embroiled in a dispute over audit rules for U.S.-listed Chinese companies.
8h ago
MoneyWise
‘The economy is very weak’: Here's why Cathie Wood believes the Fed will actually cut rates in 2023 — plus 3 stocks she likes right now to capitalize
The super investor sees softness. But is sticking to her guns.
15h ago
TipRanks
Morgan Stanley Bullish on These 2 Stocks for at Least 40% Upside; Here’s Why
Inflation has been making headlines all year, and rightly so; it’s at 40-year high levels, driven by sharp increases in the prices of gasoline and diesel fuels. But oil and its various refined products have come down in recent weeks, and so – the July inflation numbers weren’t as bad as had been feared. The overall year-over-year price increase for the month came to 8.5%, still awful, but less than the 8.7% economists had been predicting. Markets these days are rallying in response. Whether this
14h ago
Insider Monkey
11 Best Falling Stocks To Buy Now
In this article, we talk about 11 best falling stocks to buy now. If you wish to skip our detailed analysis of the latest market situation, go directly to 5 Best Falling Stocks To Buy Now. After a brutal 2022 which saw the S&P500 shed more than 21% in the first half of the year, Q2 […]
18h ago
Yahoo Finance Video
Stocks to watch in after hours: Peloton, Apple, DraftKings, Bed Bath & Beyond
These are the top trending tickers on Yahoo Finance after-hours on Aug. 12.
11h ago
MarketWatch
It’s a Tom Jones rally but it may be overbought, say analysts
The S&P 500’s initial surge on Thursday to fresh three-month highs fizzled as the session wore on. The good news for bulls is that this is a Tom Jones rally, as in his famous song: “It’s not unusual.” Specifically, there is nothing superlative about the market’s, notably the Nasdaq’s, resurgence off its mid-June trough, suggests Bespoke Investment Group.
20h ago
Barrons.com
Don’t Give Up on the Chip Makers. These 9 Stocks Look Cheap.
Profit warnings from Nvidia and Micron have sent a chill through chip stocks, but the long-term opportunity is still intact.
12h ago
Barrons.com
Tesla Readies a 3-for-1 Stock Split for Aug. 24
Tesla has given investors something to look forward to this coming week: a three-for-one stock split. As of the close of trading on Aug. 24, Tesla shareholders will get a “dividend” of two extra shares. The next day, Tesla stock will start trading at the new price—a third of what it used to be.
9h ago
TheStreet.com
Johnson & Johnson Stock: Here's the Level to Buy, and It's a Steal
Johnson & Johnson stock is hitting its lowest level since March. Here's where it's a steal of a deal.
13h ago
The Telegraph
Blow for Germany as Rhine falls below critical water level
Western sanctions have ‘limited impact’ on Putin regime, warns International Energy Agency GDP fell by 0.1pc in second quarter, first decline since early 2021 FTSE 100 adds 0.5pc Ambrose Evans-Pritchard: The next PM should not be bounced into stupid energy policies by this mood of near hysteria Sign up here for our daily business briefing newsletter
14h ago
Yahoo Finance Video
Five Chinese state-owned companies set to leave the New York Stock Exchange
Yahoo Finance Live looks at several Chinese stocks reportedly scheduled to de-list from the NYSE.
12h ago
The Wall Street Journal
Five Chinese Companies Say They Plan to Delist From the New York Stock Exchange
Five Chinese state-owned companies said they intend to delist their American depositary shares from the New York Stock Exchange, as financial regulators in Beijing and Washington remain at loggerheads over U.S. audit requirements. In separate filings to Hong Kong’s stock exchange Friday, PetroChina , China Petroleum & Chemical , Aluminum Corp. of China , China Life Insurance Co , and Sinopec Shanghai Petrochemical Co said they have notified the NYSE that they plan to voluntarily delist their American depositary shares.
12h ago
Barrons.com
6 Software Stocks to Buy and 4 to Sell, According to an Analyst
Guggenheim Partners analyst John DiFucci launched coverage of the group late Thursday, with some thoughts on where to place bets in the sector. DiFucci is new to Guggenheim, but a familiar name on the Street—at various times, he’s covered the software sector for Jefferies, J.P Morgan, Oppenheimer, and a couple of place that have since disappeared—Bear Stearns and Donaldson, Lufkin & Jenrette. DiFucci has Buy ratings on Oracle (ORCL), Palo Alto Networks (PANW), CrowdStrike (CRWD), Splunk (SPLK), Zscaler (ZS), and Progress Software (PRGS).
14h ago
Barrons.com
Bye-Bye, Bear Market. For Now, Signs Point to More Buying.
After a 3.3% weekly gain, the S&P 500 is down just 10% for the year. Stocks could keep rising if the Fed shows restraint from here.
6h ago

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Dow Jones Futures Rise But Market Awaits Supersize Fed Rate Hike

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