THE TRUTH ABOUT: 16 | History Defined

French Supermarket Cyberattack Sends Fridges to 50°C, Destroying Food Stocks Across Hundreds of Stores

A cyberattack disrupted refrigeration at hundreds of French supermarkets, with some units reaching 50°C. Danfoss says affected systems were running outdated firmware.

International Business Times UK · Oct 12

Warren Buffett says most people shouldn't pick stocks. Here's how he wants his family to invest his wealth

Warren Buffett continues to recommend low-cost S&P 500 index funds for building wealth over time. He emphasizes that average investors should avoid complicated strategies and high fees that diminish returns. Buffett's guidance extends to his family's financial future, advocating a similar investment approach for his wife's wealth. He believes in…

The Economic Times · Oct 12

Wall Street Is Trading Near Record Highs. The Richest 1% Own More Than Half Of America's Stock Wealth.

As major U.S. banks prepare to report quarterly earnings, fresh attention is falling on who owns the financial assets benefiting from Wall Street's rally.

International Business Times · Oct 12

Too Many Investors Don’t Understand How Bonds Work

If you are now under age 70, you probably were not paying that much attention to your portfolio the last time bonds mattered 15-20 years ago.

Barchart · Oct 12

Small-Cap Stocks Are in Grave Danger Thanks to an Impending Debt Cliff. Use These 2 ETFs for Protection and Profit.

Small-cap stocks are telling a dangerous story.

Barchart · Oct 12

Stocks up ahead of US earnings data but oil prices stays high

The FTSE 100 index ended up 104.23 points, 1.0%, at 10,656.28.

Evening Standard · Oct 12

SBI economists call for scrapping LTCG tax on equities

SBI economists are advocating for the elimination of long-term capital gains tax to stimulate sustained investment in Indian equity markets. This proposal arises amid substantial foreign portfolio investor withdrawals exceeding Rs 3 lakh crore this year, prompting concerns. Furthermore, the lack of AI-focused stocks is contributing to these market exits.

The Economic Times · Oct 12

Ahead of Market: 10 things that will decide stock market action on Tuesday

Indian benchmark indices reversed early gains on Monday, with the Sensex falling 548 points and the Nifty closing below 22,400 amid persistent FII selling, rising bond yields and geopolitical concerns. Investors will track key stocks, global cues, crude oil prices, inflation data and earnings expectations for Tuesday’s market direction.

The Economic Times · Oct 12

AI Picks-and-Shovels Stock Amphenol Just Hit a New All-Time High

Amphenol (APH) demonstrates robust price momentum, recently hitting a new all-time high. Shares are up more than 40% over the past year. APH maintains a 100% “Buy” technical opinion from Barchart. Analyst sentiment is overwhelmingly bullish, with price targets reaching up to $175. Today’s Featured Stock Valued at $215 billion,...

Barchart · Oct 12

Stocks Pressured by Rising Crude Prices and Chipmaker Weakness

The S&P 500 Index ($SPX ) (SPY ) is down by -0.07% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.42%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.69%. December E-mini S&P futures (ESZ26 ) are down -0.05%, and December E-mini...

Barchart · Oct 12