News Digest / Alex Vellor

Author: Alex Vellor

08:03am, Monday, Sep 30, 2024
Week 40: Investors watch the September jobs report, Fed remarks, and earnings from Nike and Levi’s this week for clues on the economy and labor market trends.

03:45am, Monday, Sep 30, 2024
European stocks opened lower amid looming economic data and ECB President Christine Lagarde's anticipated comments. The STOXX 600 index dipped 0.1% but is on track for a third consecutive monthly gain. Key CPI reports and geopolitical tensions add to market volatility.

08:48am, Friday, Sep 27, 2024
Friday Market Recap: S&P 500 sets new record as Chinese tech stocks rally on economic stimulus. Key U.S. inflation and consumer data ahead. Oil prices rise on global output shifts.

07:29am, Friday, Sep 27, 2024
Discover 3 fast-growing beauty stocks attracting hedge fund interest. Learn how these companies are driving innovation and gaining investor attention.

06:24am, Friday, Sep 27, 2024
LVMH buys a 10% stake in Moncler, gaining board influence and the potential to raise holdings. Moncler shares surged 15%, raising its market value to €16B.

08:43am, Thursday, Sep 26, 2024
Thursday Update: The Dow and S&P 500 retreated, American Eagle sued Amazon, META introduced new VR devices and gold soared to $2,685.58.

07:04am, Thursday, Sep 26, 2024
Accenture (NYSE: ACN) exceeded earnings expectations with an EPS of $2.79 and revenue of $16.4 billion, driving its stock up 11.09% over three months. With mixed EPS revisions, traders should monitor its performance amid cautious optimism.

08:42am, Wednesday, Sep 25, 2024
Nasdaq climbs as Nvidia gains nearly 4%. Meanwhile, U.S. consumer confidence sees its steepest drop in three years amid inflation and job concerns.

06:48am, Wednesday, Sep 25, 2024
Warren Buffett's Berkshire Hathaway trims its Bank of America stake to 10.5%, selling $863 million in shares while keeping a $32.1 billion investment.

06:23am, Wednesday, Sep 25, 2024
Southwest Airlines (NYSE: LUV) faces scrutiny from activist investor Elliott Management, pushing for a business overhaul. Proposed changes include assigned seating and enhanced premium options. Critics cite the airline's rigid operational ethos, delayed tech adoption, and a narrow strategic focus...

05:22am, Wednesday, Sep 25, 2024
Micron's Q4 FY2024 earnings are expected to see AI-driven growth, with a projected solid revenue boost. Investor sentiment is mixed amid market uncertainty.

08:42am, Tuesday, Sep 24, 2024
Tuesday Markets: U.S. stocks rise on Fed's rate cut. GM sees a 70% boost in EV sales, while Boeing's labor dispute poses financial risks amid production delays.

08:33am, Monday, Sep 23, 2024
The Fed’s rate cut lifts stocks, American Airlines pursues a credit card deal, and Intel gets a boost from investment interest. Here's what's next in finance.

08:17am, Monday, Sep 23, 2024
SMCI, NVDA, and AMD offer strong growth potential but also face risks. We analyze valuations and market conditions to determine which chip stock is worth watching.

05:44am, Monday, Sep 23, 2024
This week’s earnings announcements feature key players like AutoZone, Cintas, Micron, Jefferies, Accenture, Jabil, CarMax, Synnex, Costco, and Diageo. Key reports will occur before and after market hours. Stay tuned for results!