S&P 500 risees, positive earnings keep coming: Top takeaways

Yahoo Finance
Under Armour is collapsing — And Kevin Plank has to take the blame
The Under Armour meltdown continues.
Reuters
Russian court seizes Deutsche Bank, Commerzbank assets as part of lawsuit
MOSCOW (Reuters) -A Russian court has ordered that Deutsche Bank's and Commerzbank's assets, accounts, property and shares be seized in Russia as part of a lawsuit involving the German banks, court documents showed. The banks were among the guarantor lenders under a contract for the construction of a gas processing plant in Russia with Germany's Linde, which was terminated due to Western sanctions. The St Petersburg arbitration court has barred Deutsche Bank from exercising its 100% interest in the authorised capital of its Russian subsidiary, as well as Deutsche Bank Technology Center LLC.
Investing.com
The 'Magnificent 7' term needs to be retired after Q1 earnings: Goldman Sachs
Goldman Sachs has observed a significant shift among the top technology companies, often dubbed the "Magnificent 7," following their first-quarter results.
Insider Monkey
Jim Cramer’s Latest Stock Picks in May 2024
Jim Cramer on Friday analyzed the market rally following the latest CPI data which showed inflation was easing in April. Cramer said bears are clearly fighting an “uphill” battle and unless they could get any clear sign that inflation is heating up, he expects the rally to continue. Cramer Thinks The Market is “Outrageously Bullish” […]
Reuters
Hedge funds squeezed from short bets amid surging meme stocks, Goldman Sachs says
Hedge funds ditched bearish stock bets early this week at some of the highest rates in three years as U.S. meme stocks rallied sharply, a Goldman note seen by Reuters on Friday showed. The note, published on Wednesday just before the rally faded, said hedge funds dropped positions on the most actively shorted stocks tracked by a Goldman Sachs index. Most hedge fund short covering, when investors have to buy back stock borrowed for bearish bets, came from stocks tracked in the Goldman Sachs index, the bank's note said.
Yahoo Finance
Stock market today: Dow closes above 40,000 for first time to cap winning week for stocks
Stocks trod water as investors assess the chances of the Dow succeeding in another bid to cross 40,000 for the first time.
Moneywise
Fed up with 'higher for longer' interest rates? Take rate cuts into your own hands with these 3 money moves
Consumers still have some control where their money goes.
Yahoo Finance
Markets brace for Nvidia earnings: What to know this week
A crucial earnings report from AI leader Nvidia greets a stock market that hit new records last week.
BBC
Post Office: Fujitsu sacked top boss at height of Horizon scandal
Global president Rod Vawdrey then returned to Australia and made millions in a "train wreck" float.
The Smart Investor
Top Stock Market Highlights of the Week: Singapore Airlines, Google and OpenAI
We review the latest earnings from Singapore’s flagship carrier and look at the latest technological updates from a software giant. The post Top Stock Market Highlights of the Week: Singapore Airlines, Google and OpenAI appeared first on The Smart Investor.
GOBankingRates
Tony Robbins: 5 Ways the Average Joe Can Build Wealth
Financial influencer Tony Robbins spoke in a recent NewsNation interview about how the average Joe now has access to investment opportunities that were available only to rich investors and hedge funds...
Simply Wall St.
Should You Investigate Alphabet Inc. (NASDAQ:GOOGL) At US$176?
Today we're going to take a look at the well-established Alphabet Inc. ( NASDAQ:GOOGL ). The company's stock received a...
Reuters
Sony and Apollo move ahead with Paramount bid process but reticent about earlier plan, NYT reports
The companies are, however, backing away from an initial plan to make an all-cash $26 billion offer for Paramount, the newspaper said. Reuters reported this month that Paramount was in talks to open its books to a consortium of the Sony movie unit and the U.S. buyout firm. CNBC later reported that Sony was rethinking its bid, sending Paramount's shares tumbling and helping the Japanese firm's shares surge after upbeat earnings.
Barrons.com
Gold Is at Record Levels. Its Future Still Looks Bright.
Yukon Cornelius, the self-proclaimed greatest prospector from the north in the TV movie Rudolph the Red-Nosed Reindeer, would be thrilled to learn that this year’s bull run in gold shows no signs of slowing down. Other precious metals such as silver stand to gain too, for many of the same reasons. Gold tends to do well during times of dollar weakness.
Barrons.com
World’s Largest Hedge Fund Bet Big on Apple, Nvidia, and Microsoft Stock
Bridgewater Associates bought shares of Apple, Nvidia, and Microsoft in the first quarter, and halved a stake in NIO.
Zacks
Defensive Stocks to Consider Amid Jamie Dimon's Concern for a Large Market Correction
Often asked for his economic opinion and outlook, JPMorgan Chase (JPM) CEO Jamie Dimon alluded to concerns of a broader economic slowdown and the possibility of a large stock market correction while speaking with Bloomberg on Thursday.
Reuters Videos
CIO detects 'whiff' of stagflation but no 'stench'
STORY: Chatter of stagflation had been fanned by news of a sharp moderation in economic growth and a surge in inflation in the first quarter.Asked earlier this month about the risk the U.S. was entering a period of stagflation, Federal Reserve Chair Jerome Powell said current conditions are nothing like those seen in the late 1970s when prices were rising more than 10% annually at one point alongside high unemployment.Rathbun said that since the risk of stagflation is low, the Fed should start lowering interest rates "sooner rather than later" to help sectors that have been hit hard by higher borrowing costs, such as the housing market."If housing activity resumes toward normalization, I do think that rent prices and inflation on the rent side, may start to come down," said Rathbun. "Ironically, lowering rates could actually help with the inflationary scenario."
Benzinga
Grant Cardone's Prophecy Rings True: U.S. Mortgage Drop Bolsters Warning On Short-Term Rentals
U.S. homebuyers took out 40% fewer mortgages in 2023 than they did a year earlier — a figure that appears to be proving real estate mogul Grant Cardone's warning to avoid short-term rental properties is correct. Cardone told his followers on X to steer clear of short-term rentals, stating in an April 27 post, "Real estate is a long-term investment designed to create generational wealth, not a get-rich-quick vehicle." Mortgages for second homes are down 65% from the height of the pandemic housing
South China Morning Post
China is key market for Singaporean biotech start-up's stomach cancer early diagnosis kit
Mainland China will become the largest single market for Singaporean diagnostics start-up Mirxes' core product, a stomach cancer detection kit that was key to the company's development, according to Zhou Lihan, its CEO and co-founder. The biotechnology firm, which launched the world's first molecular diagnostic kit for early detection of gastric cancer in 2019, refiled its draft prospectus for a Hong Kong initial public offering in April with the target of raising at least US$100 million for a v
Moneywise
Charlie Munger said he 'wouldn't be so rich' if others 'weren't so often wrong' — 5 deadly investing mistakes
How many are you guilty of?

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S&P 500 risees, positive earnings keep coming: Top takeaways

Latest stories

Under Armour is collapsing — And Kevin Plank has to take the blame

Russian court seizes Deutsche Bank, Commerzbank assets as part of lawsuit

The 'Magnificent 7' term needs to be retired after Q1 earnings: Goldman Sachs

Jim Cramer’s Latest Stock Picks in May 2024

Hedge funds squeezed from short bets amid surging meme stocks, Goldman Sachs says

Stock market today: Dow closes above 40,000 for first time to cap winning week for stocks

Fed up with 'higher for longer' interest rates? Take rate cuts into your own hands with these 3 money moves

Markets brace for Nvidia earnings: What to know this week

Post Office: Fujitsu sacked top boss at height of Horizon scandal

Top Stock Market Highlights of the Week: Singapore Airlines, Google and OpenAI

Tony Robbins: 5 Ways the Average Joe Can Build Wealth

Should You Investigate Alphabet Inc. (NASDAQ:GOOGL) At US$176?

Sony and Apollo move ahead with Paramount bid process but reticent about earlier plan, NYT reports

Gold Is at Record Levels. Its Future Still Looks Bright.

World’s Largest Hedge Fund Bet Big on Apple, Nvidia, and Microsoft Stock

Defensive Stocks to Consider Amid Jamie Dimon's Concern for a Large Market Correction

CIO detects 'whiff' of stagflation but no 'stench'

Grant Cardone's Prophecy Rings True: U.S. Mortgage Drop Bolsters Warning On Short-Term Rentals

China is key market for Singaporean biotech start-up's stomach cancer early diagnosis kit

Charlie Munger said he 'wouldn't be so rich' if others 'weren't so often wrong' — 5 deadly investing mistakes