Small-cap stocks are trading near a two-decade low against large-cap stocks. When the stock market rebounds next year, as many investment banking strategists expect, these smaller companies could outperform. Below is a screen of analyst favorite small cap stocks for 2023, taken from the S&P Small Cap 600 SML Index, that requires businesses to be …
Oops. Stocks fell through key support on Tuesday and it looks like some recent momentum has now run out. The new line in the sand for the S&P 500 SPX, -1.44% appears to be 3,900. Whether or not Santa Claus will eventually come remains to be determined, with Mr Claus possibly postponing a decision until …
Monday served as yet another blow to investors betting on a Goldilocks economy and a less aggressive Fed. Some are now not ruling out a Grinch-like turn from the central bank – a 0.75% rise next week instead of the 0.50% the markets had pinned their hopes on – following strong data on services, employment …
$3,000 gold and more outrageous market predictions investors shouldn’t discount. Read More »
The number of layoffs in the tech sector this year is approaching the annual levels seen during the Great Recession, but is far from dot-com-bust territory. As tech companies grapple with falling stock prices, inflation, rising interest rates and a possible recession, they have announced more than 60,000 job cuts this year, with indications such …
‘It wasn’t sustainable or real’: Tech layoffs approaching Great Recession levels Read More »
The financial results of Nvidia Corp. surprised investors a little, and not on the good side – product inventories doubled to an all-time high as the chip company prepares for a dodgy holiday season. Nvidia on Wednesday reported fiscal third-quarter revenue slightly above analysts’ discounted expectations, but the numbers weren’t so great. Revenue fell 17% …
This record Nvidia revenue number is a chilling sight Read More »
The financial results of Nvidia Corp. surprised investors a little, and not on the good side – product inventories doubled to an all-time high as the chip company prepares for a dodgy holiday season. Nvidia on Wednesday reported fiscal third-quarter revenue slightly above analysts’ discounted expectations, but the numbers weren’t so great. Revenue fell 17% …
This record Nvidia revenue number is a chilling sight Read More »
Federal Reserve Governor Christopher Waller and several strategists said last week’s weaker-than-expected October CPI, which sent the S&P 500 to its best level in five months, was overblown. His words could be heard as stock futures point to a softer start in the last full week before the start of Thanksgiving. We will also have …
