Investing
September retail sales came in hotter than expected for the third consecutive month, suggesting consumer demand remains unhampered by macroeconomic volatility. Retail sales rose by 0.7% month over month in September, barreling past the consensus call for a 0.3% increase among economists polled by FactSet. August’s figure was revised higher…
According to NextEarningsDate.com, the Amazon.com AMZN next earnings date is projected to be 10/26 after the close, with earnings estimates of $0.58/share on $141.47 Billion of revenue. Looking back, the recent Amazon.com earnings history looks like this: The company has an impressive long-term earnings per share chart: And with equally…
The symbolism of Hamas attacking Israel on Oct. 7, one day after the 50th anniversary of the Yom Kippur War, was impossible to miss. So was the rise in oil prices. But a half-century on, a lot is different, too. Long lines of cars queuing up for gasoline probably aren’t…
What is Shareholder Activism? If you are a current shareholder of The Walt Disney Company, you may be wondering who Nelson Peltz is and why he wants multiple seats on the board of your holding. Peltz’s Trian Fund owns roughly $2.5 billion, or more than 30 million shares, in the…
Lucid Group released its third-quarter delivery and production numbers on Tuesday, and so far investors don’t appear happy. The electric-vehicle maker said it delivered 1,457 units in the third quarter. That’s up a little from the 1,404 delivered in the 2023 second quarter and 1,398 units in the year-ago period.…
Pest control expert Rentokil Initial’s share price collapsed on Thursday as it warned of toughening trading conditions in North America. At 512p per share, the FTSE 100 share was last dealing 13.8% lower. Following a flurry of acquisitions in 2022, revenues at the firm rocketed 53.3% during the three months…
Call it the mystery of the rising 10-year yield—and it’s led investors straight to the so-called ‘Treasury Term Premium.’ What’s the term premium? It’s a theoretical representation of the amount of extra yield investors are demanding to compensate for the risks associated with buying a 10-year long-term government bond rather than…
Shares in London Stock Exchange Group rose on Thursday after the financial markets operator said it was on track to hit the higher end of sales estimates. At £82 per share, the FTSE 100 company was trading 1.6% higher. Organic revenues (excluding recoveries) at London Stock Exchange rose 8% during…
Nvidia stock was falling Tuesday after the Biden administration said it would be tightening its restriction on exports of artificial intelligence chips to China. A Nvidia spokesperson told Barron’s that given the demand worldwide for the chip maker’s products, the company doesn’t expect a meaningful impact on its near-term financial results. …
The $220 billion closed-end universe is the scene of sometimes whacky pricing, including a fair number of good buys and a few really bad ones. There’s a formula to help you tell the difference. By William Baldwin, Forbes Staff Discount! Fund on sale! Closed-end funds trading at a discount to…