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HISTORICAL FACTS: 7 | History Defined

Bad news for bears

The outlook for corporate profits is looking better.

Axios

Proxy Season Update for 2023: What Shareholders Are Saying

Stay informed about proxy season 2023 with these updates about what shareholders are voting on.

Kiplinger

US economic growth likely slowed in January-March quarter

Despite surging interest rates, punishing inflation and global turbulence, the U.S. economy stood firm last year

The Independent UK

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'Love Is Blind' snafu. Streaming with ads. Questions for Netflix ahead of earnings

Over the last year, Netflix has taken steps to boost profits and entice more subscribers to stay on its streaming service.

Los Angeles Times

3 Quality and Inexpensive Stocks Above the 100-Day Moving Average

As the interest-rate hikes by the Fed are expected to come to an end, quality stocks such as CRH plc (CRH), Engie Brasil Energia (EGIEY), and Hywin Holdings (HYW) have shown solid momentum lately and are well-positioned to keep portfolios immune to unpleasant surprises in the earning season. Continue reading….

StockNews.com

Earnings last quarter may have been worst since early days of COVID

Three major banks are set to kick off what could be a grim earnings season this Friday.

Fortune

Target issues tepid outlook after a 43% profit drop in 4Q

Target has reported a 43% drop in profits and a slight uptick in sales for the holiday quarter

The Independent UK

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Google, Apple Disappoint as Tech Earnings Hit by Gloom

Google and Apple on Thursday reported downbeat results for the last quarter of 2022 as Amazon beat expectations, but warned that the coming months would be uncertain in a difficult moment for Big Tech. The tech titans posted earnings as shares in Meta skyrocketed a day after it reported better…

Asharq Al-Awsat

January may have delivered lower, if still solid, job growth

The American economy has an unusual problem: The job market looks too strong — at least to the inflation fighters at the Federal Reserve

The Independent UK

Unprecedented profit for Exxon as travel, and war, heated up

Exxon Mobil posted record annual profits in 2022 as consumers globally struggled with high prices for gasoline, home heating and consumer goods

The Independent UK

The stock market's awful year ranks with the worst of the Great Depression

It was an ugly year for the ages.

Axios

October Inflation Number Is Incoming Thursday: How The Market Could React

With decades-high inflation becoming the new normal for 2022, investors are watching what the Fed's preferred inflation measure will show when October data is reported later this week. On Thursday, The Bureau of Labor Statistics will release the Consumer Price Index report for the month of October.

Benzinga

Dot-com bust 2.0 is becoming a reality

Tech stocks that led the market for much of the past decade have fallen on hard times.

Axios

Amazon posts profit but revenue was weaker than expected

Amazon returned to profitability after two consecutive quarters of losses this year, but its stocks tanked due to weaker than expected revenue as well as the company's disappointing projections for the current quarter

The Independent UK

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Benzinga

EXCLUSIVE: What Is The Biggest Risk To The Markets Right Now? 2 Strategists Weigh In

Stocks advanced on Tuesday as weak economic data suggested that the Federal Reserve's hawkish monetary policy is having an impact and benchmark Treasury yields were falling, which fueled the surge. Tuesday’s moves add to the rallies in previous sessions that have driven the S&P 500 4% higher in the last five…

Axios

Why mortgage rates are soaring

Rapidly rising rates are causing cracks in the U.S. financial system.

Benzinga

Columbia Care: Updated Estimates Ahead Of Acquisition By Cresco Labs

The Analyst

The Independent UK

Fed is hoping August hiring report will show slowdown

Raging inflation has so scrambled the economy that it’s come to this: If Friday’s jobs report for August were to show a significant hiring slowdown, the Federal Reserve — and even the White House — would likely welcome it

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Benzinga

Trulieve Cannabis: A Top Pick Operator In A Small Pond? Analyst Offers Model Update Post 2Q22

The Analyst Pablo Zuanic from Cantor Fitzgerald maintained a rating of Overweight for the stocks of Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) and lowered its price target to $54 from $57, on “slightly reduced estimates.”

Los Angeles Times

Disney+ subscribers are going to have to pay more to avoid commercials

Disney+ subscribers will start seeing ads on the popular streaming service in December. That is, unless they opt to pay more.

StockNews.com

4 Big Reasons Why the Bear Rally Is Nearing an End…

The Stock Market (SPY) has put on an impressive rally over the last few weeks, leading many investors to believe that the bull is ready to resume its run. However, there are multiple reasons to believe the bear market is far from over. I lay out 4 of the main…

The Independent UK

Growing prescriptions help push CVS past Q2 expectations

CVS Health thumped second-quarter expectations and hiked its full-year forecast as growing prescription claims helped balance a drop in vaccinations

The Independent UK

COVID-19 vaccine sales push Moderna past expectations in Q2

Better-than-expected COVID-19 vaccine sales pushed Moderna past Wall Street’s second-quarter forecasts

Benzinga

AMD, Alibaba, Starbucks Earnings On Deck As Q2 Reporting Season Passes Half-Way Mark

We are past the halfway mark of the June quarter reporting season, going by the number of S&P 500 companies that have reported their earnings.

Benzinga

OrganiGram Beat Fact Set Expectations: "The Stock Represents Good Value," Analyst Says

On Thursday, Organigram Holdings Inc. (OGI.TO) (NASDAQ: OGI), a cannabis company focused on producing high-quality, indoor-grown cannabis for patients and adult recreational consumers in Canada,

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People

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