S&P 500 Weakness Continues, Down 0.4%
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- S&P closes at record high as soft jobs report eases rate-hike concerns
- US suffers unexpected job losses in July, markets dial back rate hike expectations
- Brent climbs $1 on uncertainty over end to Iran war
- Atlassian results seen as 'game changer' for AI kills software worries
- The Trade Desk hit by Wall St downgrades after disappointing Q2 results, outlook
- Citi cuts Micron stock target, sees memory chip prices peaking in 2Q27
- S&P closes at record high as soft jobs report eases rate-hike concerns
- Atlassian results seen as 'game changer' for AI kills software worries
- US suffers unexpected job losses in July, markets dial back rate hike expectations
- Microsoft only US hyperscaler with positive free cash flow as AI capex bites
- After-Hours Movers: TEAM, NET, TWLO, DOCS, FROG, DV, TTD, ABNB, DKNG, SG, RKT
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Expect a Good Earnings Season, Although Not as Good as Recent Quarters - UBS
October 13, 2021 10:48 AM EDTDavid Lefkowitz, Head of Equities Americas at UBS, has previewed the S&P 500 earnings season that has started today.
Lefkowitz takes note of investors concerns related to supply chains issues, higher wages, and higher input costs. Despite the belief that investors are braced for bad news, the strategist said he expects a good earnings season.
Comparisons are tougher and Corporate... More
Top 10 Stocks to Play Rapid Emergence of Millennials and Gen Z - Cowen
October 13, 2021 10:35 AM EDTCowen analyst John Kernan has shared key takeaways from the 4th annual proprietary Gen Z and Millennial survey.
Kernan emphasizes that sustainability, social commerce, and shifts to digital are likely to have profound effects on growth/risk across retail, e-commerce, restaurants, food, cannabis, and payments sectors.
The... More
