Microsoft is winning the cloud wars and becoming Wall Street’s new golden child
Various factors indicate that Microsoft is in a better financial position than its cloud rivals, analysts say. Source:MarketWatch
American workers are finding their take-home pay isn’t keeping up with inflation, with their wallets ‘stretched thinner and thinner’
Worker compensation grows slower than inflation for second straight quarter Source:MarketWatch
You can expect the stock market to rally no matter who wins on Election Day
Also in Weekend Reads: Dividend stocks, a way to jump on the Anthropic bandwagon ahead of its IPO, and advice from The Moneyist. Source:MarketWatch
The big winners of the tech wreck are biopharma stocks
The shares of large drugmakers like Lilly, Gilead and J&J keep hitting record highs. Source:MarketWatch
After Intel’s historic stock drop, analysts say there’s no reason to buy the dip
“A cheaper stock does not necessarily offer better value,” one expert says. Source:MarketWatch
Trump administration is illegally delaying student-debt forgiveness for tens of thousands of public servants, lawsuit alleges
Teachers, nurses and other borrowers have waited years for approval to complete their payment obligation and access debt relief, the suit claims.…
Private equity in your 401(k)? Heed Warren Buffett’s warning.
About 52% of people with a workplace retirement plan say they would invest in private assets if they were available in their company’s plan. Source:MarketWatch
In a wild October for markets, these stocks were the biggest winners and losers
Many Big Tech stocks were hit hard but the S&P 500 showed strength under the surface, with a majority of stocks showing gains for the month. Source:MarketWatch
Data centers are a political third rail. West Virginia is grabbing it anyway.
West Virginia wants more data centers, even as other states slam the brakes on them. Source:MarketWatch
Reddit shares on track for biggest-ever one-day drop. It’s not the last of the bad news, analysts say.
Shares in the online discussion platform tumbled 25% on Friday morning after the company issued a lowerthanexpected revenue outlook. Source:MarketWatch
This strategist correctly recommended shorting Big Tech debt last year. Now he says the yields make it attractive.
Yields ranging from 6% to 8% on tech bonds provide more competition against stocks than before. Source:MarketWatch
This Halloween, are king-sized candy bars a better deal than fun-sized ones?
Several TikTokers influencers claim you can save money and be the coolest house on the block with bigger candy this year. Let’s see how that adds up.…