Broadcom Gains on Positive Outlook as 5G Drives Q3 Sales Above Estimates

Fortune
Jamie Dimon says Americans are on an economic ‘sugar high’—and he’s urging clients to batten down the hatches and prepare for rates to hit 7%
The JPMorgan CEO spelled out what he sees as the worst-case scenario for the U.S. economy, and warned that not everyone would be able to withstand it.
1d ago
Yahoo Finance
Meta unveils Meta Quest 3 headset, Ray-Ban Meta smart glasses
Meta CEO Mark Zuckerberg took the wraps off of his company's new Meta Quest 3 headset and Ray-Ban Meta smart glasses.
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Bloomberg
Elon Musk Says Auto Union’s Demands Would Bankrupt Big Three Carmakers
(Bloomberg) -- Tesla Inc. Chief Executive Officer Elon Musk blasted the United Auto Workers Tuesday, saying the union’s demands would “drive GM, Ford and Chrysler bankrupt in the fast lane.” Most Read from BloombergChina Puts Evergrande’s Billionaire Founder Under Police ControlDimon Warns 7% Fed Rate Still Possible, Times of India SaysRepublican Moderates Turn to Rare Maneuver to Avoid Lengthy Government ShutdownIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesTrump
22h ago
The Wall Street Journal
The Right Amount of Cash to Keep at Home for Emergencies. Hint: Not $480,000
Those who live in areas prone to hurricanes, wildfires, snowstorms and power outages might need to hold on to more cash than others.
1d ago
Benzinga
Warren Buffett Sold His Only REIT Last Year, But He's Betting Big On Housing With Three New Investments
Warren Buffett isn't known for being a big real estate investor, but he has invested in real estate investment trusts (REITs) in the past and reaped significant rewards. For instance, Buffett's company Berkshire Hathaway Inc. (NYSE:BRK) used to own shares of STORE Capital Corp., a REIT specializing in single-tenant operational real estate (STORE). In September 2022, STORE Capital announced that it would be acquired by Singapore's sovereign wealth fund GIC and Oak Street in an all-cash transactio
2h ago
SmartAsset
Forget About ‘Timing the Market': Schwab Research Reveals the Optimal Way to Invest
Can investors realistically time the market to maximize returns, especially over the long term? According to a recent study from Charles Schwab, perfect market timing is practically impossible. The firm’s research showed that most investors are better off investing as soon as possible using a buy-and-hold strategy rather than trying to predict short-term peaks and […] The post Forget About ‘Timing the Market’: Schwab Research Reveals the Optimal Way to Invest appeared first on SmartReads by Smar
8h ago
Barrons.com
Tesla Stock Is Dropping Again. Third-Quarter Deliveries Aren’t Its Biggest Problem.
Deutsche Bank analyst Emmanuel Rosner cut his price target on Tesla stock to $285 from $300. The EV maker may face limited volume growth next year, he writes.
2h ago
TipRanks
Bank of America Says Bullish Indicators Point to a Higher Stock Market — Here Are 2 Names the Banking Giant Likes
The markets have mostly been in a downtrend since midway through the summer, with a pensive mood driving the narrative. Concerns include higher oil prices, the prospect of interest rates remaining elevated for the time being, while worries about a recession are yet to abate. However, a new note from Bank of America’s head of US equity & quantitative strategy, Savita Subramanian, sets out the bullish case for the final quarter of 2023. “I see far more bullish indicators for mid and large-cap stoc
3h ago
Benzinga
Jeff Bezos's Former Housekeeper Sued Him, Alleging That 14-Hour Shifts And Lack of Bathroom Access Led to Frequent UTIs; Claims She Was Only Allowed To Eat In The Laundry Room And Faced Racial Discrimination — Hired To Work Without Being Seen By The Family
Mercedes Wedaa, a former housekeeper for Amazon.com Inc. Founder Jeff Bezos, filed a lawsuit against him and two companies responsible for managing his properties. The lawsuit, filed in November 2022 in Seattle, claims that she and other employees worked in unsafe and unsanitary conditions for extended 14-hour shifts without breaks. According to Wedaa, she was hired in 2019 with the requirement that she "work around a family without being seen." Trending: Until 2016 it was illegal for retail inv
1d ago
TipRanks
Insiders Pour Millions Into These 2 Beaten-Down Stocks, Analysts Say They Could Be Ready to Bounce Back — Here’s Why You Should Take Notice
In the world of stock markets, a well-known adage prevails: insiders may sell shares of their own companies for a myriad of reasons, but their decision to buy stock typically hinges on one belief – that the shares are set to rise. By insiders, we mean the corporate officers that sit on company boards and are the in-the-know types with access to the sort of information not available to the casual investor. By law, they are required to make their purchases public, thereby keeping the playing field
1d ago
SmartAsset
Schwab Says Doing This Could Potentially Double Your Retirement Savings
After beginning the year at record levels, global events have caused market volatility to jump and equities to fall. The S&P 500 Index is experiencing its first major correction since 2020, so investors are understandably looking to safeguard their assets. … Continue reading → The post Schwab Says This Can Double Your Retirement Savings appeared first on SmartAsset Blog.
1d ago
Zacks
NextEra (NEE) to Sell Natural Gas Assets, Reaffirms Outlook
NextEra Energy (NEE) continues to focus on its core operations and decides to sell its non-core unit, Florida City Gas, for $923 million to Chesapeake Utilities Corporation.
6h ago
Reuters
Target to shut 9 stores across 4 US states amid rising retail crime
Despite heavy investments in security, the company continued to face "fundamental challenges" to running the stores safely, the retailer said. It operates nearly 2,000 stores across the United States. "We cannot continue operating these stores because theft and organized retail crime are threatening the safety of our team and guests, and contributing to unsustainable business performance," Target said in a statement.
23h ago
TipRanks
Buy These Green Hydrogen Stocks, Analyst Says, Forecasting up to 65% Upside
All energy comes with a cost. Fossil fuels, the world’s mainstay, have a high pollution footprint and a dangerous environmental impact, while solar and wind power, frequently touted as options in lieu of hydrocarbons, have extremely low energy densities, intermittent energy production, and a high dollar-cost for installation. This has engineers seeking out alternatives to both, and hydrogen fuel is frequently touted as just such an alternative. Hydrogen solves the problems inherent in fossil fue
22h ago
Investor's Business Daily
Biohaven, Yet Another Argenx Rival In Autoimmune Drugs, Just Rocketed 29%
Biohaven could rival Argenx and Immunovant after unveiling results Wednesday for an autoimmune diseases drug. BHVN stock rocketed.
2h ago
Zacks
The Zacks Analyst Blog Highlights Tesla, BYD, NIO and Honda
Tesla, BYD, NIO and Honda are part of the Zacks top Analyst Blog.
6h ago
Zacks
Hanesbrands (HBI) Down More Than 15% in 6 Months: Here's Why
Hanesbrands (HBI) is grappling with a rising inflationary environment and persistent macro-driven slowdown in consumer spending.
5h ago
Reuters
Unretirement: The lure to return to work
When Marc Matsil retired to Connecticut's bucolic northwest hills two years ago, fly fishing and hiking filled his days. But this is not exactly the "retirement" he envisioned. Matsil, 66, is far from alone in tiptoeing back into the workforce.
8h ago
Bloomberg
Auto Workers Aren't Striking Only For Higher Wages. They Want Their Pensions Back, Too
(Bloomberg) -- On picket lines around the country, auto workers aren’t just demanding higher wages. They want to get back their once-sacred retirement pensions.Most Read from BloombergChina Puts Evergrande’s Billionaire Founder Under Police ControlRepublican Moderates Turn to Rare Maneuver to Avoid Lengthy Government ShutdownDimon Warns 7% Fed Rate Still Possible, Times of India SaysStock, Bond Selloff Resumes as Oil Nears $94: Markets WrapCitadel Is Ready to Fight With SEC Over WhatsApp ProbeWh
6h ago
Investor's Business Daily
12 Lousy Stocks Knock Cathie Wood Out Of The Top 10
Just like that, Cathie Wood's ARK Innovation ETF plunged out of the top 10 — actually the top 15 ETFs this year.
7h ago

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Broadcom Gains on Positive Outlook as 5G Drives Q3 Sales Above Estimates

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