Temu owner’s shares rise as results beat estimates despite tumbling profits
PDD Holdings reported a 12% decline in net profits in the three months ended June 30, surpassing Wall Street consensus. Source:MarketWatch
Yields are the highest they’ve been in years — but are bonds cheap enough to buy? Two strategists disagree.
Bond yields are driven by the market’s estimate of the average federal funds rate over the next 10 years, plus some compensation for the risks associated with…
Think Medicare Advantage provides better care for chronic conditions? A new study suggests otherwise.
Medicare Advantage enrollees with diabetes aren’t healthier than Americans on traditional Medicare — despite the grocery and gym perks. Source:MarketWatch
Here are two trades to make ahead of a critical week for markets as Nvidia results and Jackson Hole loom.
There’s a way to play more interest rate angst or an Nvidia inspired tech bounce says Evercore ISI Source:MarketWatch
‘My main goal is to help people’: I’m single, 74, with $10 million burning a hole in my pocket. What should I do?
“I also own my home and an SUV outright, with no outstanding debt.” Source:MarketWatch
The post-World War II market shift is here — and bond yields could have higher to go, says Morgan Stanley
Morgan Stanley recommends quality stocks with large market capitalizations, adopters of artificial intelligence and the S&P 500. Source:MarketWatch
My father-in-law passed away, leaving a house with tenants. Do I evict them?
“We don’t know whether they have signed leases or are renting month to month.” Source:MarketWatch
Alibaba shares tumble as investors question whether AI spending splurge is justified
The market’s negative reaction to Alibaba’s announcement of a major share issue illustrates a broader skepticism among global investors about the eventual…
Samsung Electronics stock had its worst day in three weeks, and the other memory stocks are lower as well
Samsung Electronics stock had its worst day in three weeks on Monday as investors reacted to its shareholder return plan, souring the mood for other memorychip…
There are six stocks that hedge funds and mutual funds are both overweight — and SpaceX is one
SpaceX, trading at 93 times next year’s estimated earnings, seems hardly the stock to unite both shorttermfocused hedgefund managers and more longtermoriented…
Stock futures slip as U.S. and Canada appear headed for trade war
U.S. stockindex futures dipped on Sunday, as it appeared the U.S. was on the verge of an allout trade war with Canada, one of its biggest trade partners.…
Nvidia is the beating heart of the AI boom and the stock market — which sets up a big test
Nvidia is due to report earnings on Wednesday, and “a very broad universe of companies” is tied to the themes that the chip giant represents. Source:MarketWatch