securities

Did the stock market ‘misinterpret’ Fed again? What strategists say about the reaction to the July minutes

Minutes from the Federal Reserve’s meeting in July — at which policy makers hiked the benchmark interest rate by 75 basis points, indicate stock-market participants were too quick to price in a “less hawkish” policy outlook, some strategists argued Wednesday. Federal Reserve officials in July agreed that it was necessary to move their benchmark interest …

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Dogecoin, Shiba Inu outperform bitcoin and ether. Is it a good time to bet on meme coins?

As cryptocurrencies bounced back from the June lows this year, meme coins have outperformed bitcoin and ether for the past few days, prompting some investors to ask if the risk-on plays are back in favor. Dogecoin DOGEUSD jumped 16.3% and another dog-themed token Shiba Inu SHIBUSD advanced 32.7% during the past seven days, though the …

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Should Disney Spin ESPN Off? This Analyst Says No.

Text size ESPN attracts different customers than Disney’s other media offerings. Drew Angerer/Getty Images Walt Disney stock’s post-earnings run continued this week after Dan Loeb’s Third Point sent a letter to CEO Bob Chapek revealing another large stake and outlining suggestions for the entertainment giant. While an analyst at Citi Research sees merit in most …

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Buffett and Berkshire added big to their bets on Ally, Occidental, Paramount and Activision. But these other 6 stocks also got a vote of confidence.

Warren Buffett’s Berkshire Hathaway Inc. added to nine stock holdings during the second quarter, reduced holdings of four and sold two outright. That’s according to Berkshire Hathaway’s BRK.B, +1.24% most recent 13F filing with the Securities and Exchange Commission. The company held 45 stocks with a combined market value of $330.1 billion as of June …

Buffett and Berkshire added big to their bets on Ally, Occidental, Paramount and Activision. But these other 6 stocks also got a vote of confidence. Read More »

This stock-market milestone indicates the S&P 500 could be as much as 16% higher one year from today

More technical indicators are emerging to suggest that the broad-based summer rebound in stocks might be the start of something bigger. Over the past few trading sessions, technical analysts have confronted a number of “market breadth”-related indicators that could portend further gains. For starters, the number of S&P 500 stocks trading above their 50-day moving …

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Bear market for stocks ‘incomplete,’ warns Morgan Stanley’s Mike Wilson

“‘Risk/reward is unattractive, and this bear market remainsincomplete.’” — — Michael Wilson, chief U.S. equity strategist and CIO, Morgan Stanley Morgan Stanley’s Michael Wilson, one of the Wall Street’s most vocal bears who correctly predicted this year’s stock market selloff, warned the bear market is not complete as disappointing earnings revisions in the next few …

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Inflation surge cools in July. Should you still play defense with your portfolio?

The latest surge in stocks helped lift the Nasdaq Composite COMP, +2.09% out of bear-market territory on Wednesday and the Dow Jones Industrial Average DJIA, +1.27% to exit correction territory. But the sharp upswing also prompted debate about if investors should adjust their portfolios, pivoting away from defense plays. For the past month, growth stocks …

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6 Software Stocks to Buy and 4 to Sell, According to an Analyst

What’s next for enterprise software stocks? That depends which ones you pick. Guggenheim Partners analyst John DiFucci launched coverage of the group late Thursday, with some thoughts on where to place bets in the sector. DiFucci is new to Guggenheim, but a familiar name on the Street—at various times, he’s covered the software sector for …

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Three Chinese corporate giants leaving NY stock exchange

Three state-owned Chinese corporate giants announced plans Friday to remove their shares from the New York Stock Exchange, adding to a growing financial separation between the biggest global economies in the midst of a dispute over scrutiny of company audits. PetroChina Ltd. PCCYF, -0.87%, China Life Insurance Ltd LFC, -4.46%. and China Petroleum & Chemical …

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