Analyst news

• Key Words: ‘We’re not in Kansas anymore’: Why the 60/40 portfolio might be dead, and what to do now 

  25-10-2023 23:54
  “ “The summer of 2020 was the point when the classic ‘set it and forget it’ stock-and-bond portfolio was as good as it got.” ” —Spencer Jakab, The Wall Street JournalRising interest and inflation rates, geopolitical tensions and years in a pandemic have made for a stressful investing experience, and it’s placed pressure on the traditional 60/40 strategy so many retirement savers use. The 60/40 strategy splits an investment portfolio, where 60% is i
  
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• The View From Unretirement: Is it bad to be old? Ageism is everywhere. How to fight back.

  25-10-2023 23:43
  When I unretired from my full-time job as an editor in 2022, I thought I had a pretty good idea of what to expect. I hadn’t counted on ageism. Turns out, ageism is all around us — in the media, at the doctor’s office, in the anti-aging products in drugstore aisles and in our daily conversations.  As William Kole notes in his new book, “The Big 100: The New World of Super-Aging,” University of Michigan researchers found that among people they surveyed, eight in
  
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• Market Extra: Japanese yen sinks to weakest level against the dollar in a year as key BoJ meeting looms

  25-10-2023 23:37
  The U.S. dollar touched its highest level against the Japanese yen in a year on Wednesday as rising Treasury yields helped push the greenback higher against most of its rivals.As yields rose on Monday, the dollar USDJPY, -0.03%traded as high as 150.32 yen, according to Tullett Prebon data. That’s the highest level intraday for the currency pair since Oct. 21, 2022, when the dollar traded as high as 151.95 yen, its strongest level since the early 1990s. 150 is widely seen as a critical thre
  
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• Earnings Results: Consumers are cutting back on dental visits, and that’s hammering this stock

  25-10-2023 23:28
  People are cutting back on dental and orthodontic visits, and that’s weighing heavily on shares of Align Technology Inc. in Wednesday’s extended session.The maker of Invisalign orthodontic aligners whiffed with its third-quarter results Wednesday afternoon, delivering revenue of $960 million that was up from the $890 million it recorded a year before but below the $994 million that analysts tracked by FactSet had been expecting. Align ALGN, -4.43%posted net income of $121 million, or
  
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• : Biogen and Eisai release new Alzheimer’s drug data that may support wider uptake

  25-10-2023 23:28
  Biogen Inc. and Eisai Co. late Wednesday released new data on their Alzheimer’s treatment Leqembi that may ultimately help bolster uptake of the drug. Weekly treatment with an experimental subcutaneous formulation of Leqembi, which could be easier to administer than the currently approved biweekly intravenous version, resulted in 14% greater amyloid-plaque removal than the IV treatment after six months, the companies said in a release. Amyloid plaques, a hallmark of Alzheimer’s disea
  
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• : Endeavor looking for ‘strategic alternatives’ as stock jumps more than 12%

  25-10-2023 23:17
  Shares of Endeavor Group Holdings Inc. surged more than 12% in the extended session Wednesday after the sports and entertainment company said it was looking for “strategic alternatives” for itself as investors are not valuing it correctly. “Given the continued dislocation between Endeavor’s EDR, -1.99%public market value and the intrinsic value of Endeavor’s underlying assets, we believe an evaluation of strategic alternatives is a prudent approach to ensure we are
  
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• Help My Career: Work, commute, sleep, repeat — this 21-year-old TikToker is ‘so upset’ with the reality of a 9-to-5 job

  25-10-2023 23:05
  A TikTok user received nearly 2 million views of a video she posted expressing frustration about how little time was left after her long commute and eight-hour workdays at her traditional, in-person 9-to-5 job.  “I know I’m probably just being so dramatic and annoying, but this is my first job,” TikTok user Brielle, who asked that only her first name be used due to privacy concerns, said in the video. “I don’t have time to do anything!”Brielle, a 21-year-
  
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• : Google’s stock sheds market cap the size of Nike in one of Wall Street’s five worst drops ever

  25-10-2023 22:58
  The selloff in Alphabet Inc. shares Wednesday resulted in the fifth-largest one-day decline in market value for any U.S. company on record.Alphabet’s stock GOOG, -9.60% GOOGL, -9.51%fell 9.5% in Wednesday’s action, wiping out $166.64 billion in market value for the Google parent company, according to Dow Jones Market Data. The decline in market cap is the largest one-day loss for Alphabet on record, though Meta Platforms Inc. META, -4.17%,Amazon.com Inc. AMZN, -5.58%,Apple Inc. AAPL,
  
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• Market Extra: The Nasdaq just fell into a correction. Now what?

  25-10-2023 22:52
  The Nasdaq Composite Index fell into its 70th correction in history on Wednesday, as surging long-term Treasury yields increased borrowing costs and weighed on stocks. The interest rate sensitive Nasdaq COMPbarreled higher in the year’s first half, in part on optimism about a potential Federal Reserve pivot away from rate hikes to fight inflation, but stocks have been under fire in recent months as the Fed dialed up its message that interest rates could will stay higher for longer.The tech
  
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• : Mattel’s stock drops 7% despite toy maker’s Barbie ‘phenomenon’

  25-10-2023 22:50
  Shares of Mattel Inc. MAT, -0.49%fell more than 7% in the extended session Wednesday despite an earnings beat for the toy maker and its wildly successful Barbie movie. Mattel earned $146 million, or 41 cents a share, in the quarter, compared with $290 million, or 80 cents a share, in the year-ago period. Adjusted for one-time items, Mattel earned $1.08 a share. Analysts polled by FactSet had expected adjusted earnings of 86 cents a share.Sales rose 9% to $1.92 billion, the company said. The anal
  
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• The Ratings Game: IBM’s stock rises after earnings beat, company says AI adoption is growing

  25-10-2023 22:33
  International Business Machines Corp.’s stock rose 2% in the extended session Wednesday after the company notched a large profit beat and called out growing adoption of its artificial-intelligence offerings.The company logged third-quarter net income of $1.7 billion, or $1.84 a share, whereas IBM recorded a net loss of $3.2 billion, or $3.54 a share, in the year-earlier period. On an adjusted basis, IBM IBM, -0.52%earned $2.20 a share from continuing operations, beating the FactSet consens
  
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• Futures Movers: Oil prices look to post a 4th straight session decline, losing most of their war premium

  25-10-2023 17:07
  Oil prices on Wednesday looked likely to finish lower for a fourth consecutive session, giving up most of the Israel-Hamas war premium that had built up over the past two-and-a-half weeks.Prices also declined after U.S. government data revealed weekly gains in domestic crude and gasoline inventories.Price action West Texas Intermediate crude for December delivery CL00, +0.21% CL.1, +0.21%declined by 62 cents, or 0.7%, to $83.12 a barrel on the New York Mercantile Exchange. December Brent crude&n
  
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• Market Snapshot: S&P 500, Nasdaq slump as tech shares lead U.S. stocks lower after mixed earnings

  25-10-2023 17:03
  U.S. stock indexes fell Wednesday morning, led by a slide in technology shares after behemoths Alphabet and Microsoft delivered a mixed picture of earnings, while longer-dated Treasury yields resumed their march higher ahead of inflation data on Friday and interest-rate decisions by the Federal Reserve next week. How are stock indexes trading The S&P 500 SPXdipped 34 points, or 0.8%, to 4,213 The Dow Jones Industrial Average DJIAfell 39 point, or 0.1%, at 33,095 The Nasdaq Composite COMPease
  
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• The View From Unretirement: Is everyone a little bit ageist? How to fight back.

  25-10-2023 16:47
  When I unretired from my full-time job as an editor in 2022, I thought I had a pretty good idea of what to expect. I hadn’t counted on ageism. Turns out, ageism is all around us — in the media, at the doctor’s office, in the anti-aging products in drugstore aisles and in our daily conversations.  As William Kole notes in his new book, “The Big 100: The New World of Super-Aging,” University of Michigan researchers found that among people they surveyed, eight in
  
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• Economic Report: U.S. new-home sales surge to the highest level since February 2022

  25-10-2023 16:47
  The numbers: Sales of newly built homes in the U.S. surged in September as aspiring homeowners, unable to find inventory in resale homes, turned to homebuilders. U.S. new-home sales rose 12.3% to an annual rate of 759,000 in September, from a revised 676,000 in the prior month, the Commerce Department reported Wednesday. The number is seasonally adjusted and refers to how many homes would be built over an entire year if builders continued at the same pace every month. The pace exceeded expe
  
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• Economic calendar for the week 30.10.2023 – 05.11.2023

  25-10-2023 16:41 via litefinance.org
  
  Despite high volatility the dollar has maintained positive dynamics, especially at the beginning of last week, when preliminary PMI indices for the UK, Eurozone and US were published.The United States continues to report macro data that's relatively more positive than other economically developed countries and regions, while in the Middle East the armed conflict between Hamas and Israel is escalating, and other countries may be drawn into it.Although the dollar is currently inferior to gold and
  
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• Beth Pinsker: ‘Aging in place has a shelf life’: What this eldercare expert wants you to know

  25-10-2023 16:41
  A visit to a nursing home on Thanksgiving morning as a volunteer changed everything for Joy Loverde. She was just 14 then, but sitting with seven lonely seniors on a holiday got to her.  “It really bothered me,” says Loverde, now 71. And it inspired her. Loverde has spent her entire career helping people with eldercare planning so they don’t end up in the vulnerable position of having nobody to look out for them. Loverde is not an estate lawyer, and she’s not a
  
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• The Ratings Game: Chip stocks just got sent a big warning

  25-10-2023 16:38
  Texas Instruments just sent a grim warning about the state of the semiconductor industry, and stocks across the sector are feeling the impact. The chip maker, which historically reports early in the earnings cycle and is viewed as an industry bellwether, cited weakening industrial demand Tuesday afternoon as it underwhelmed with its forecast. That struck one analyst as a “negative” read for the broader sector, especially those companies exposed to industrial trends. Related: Texas In
  
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• Bond Report: 30-year yield rises back above 5% as traders eye U.S. GDP and inflation data this week

  25-10-2023 16:25
  Most Treasury yields jumped amid an aggressive selloff Wednesday morning, as investors awaited U.S. economic growth and inflation data in the next few sessions. What’s happening The yield on the 2-year Treasury BX:TMUBMUSD02Yslipped 1.6 basis points to 5.087% from 5.103% on Tuesday. The yield on the 10-year Treasury BX:TMUBMUSD10Yrose 6.7 basis points to 4.907% from 4.840% Tuesday afternoon. The yield on the 30-year Treasury BX:TMUBMUSD30Yjumped 8.4 basis points to 5.047% from 4.963% late
  
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• Help My Career: Can you be fired for your political opinions — or for signing a petition about Israel and Palestine?

  25-10-2023 16:08
  Palm Beach Atlantic University has a clear mission.  The Florida-based Christian university, also known as PBAU, says it “equips students to grow in wisdom, lead with conviction and serve God boldly.” But English professor Sam Joeckel appears to have run afoul of those principles, at least as far as the school’s administrators are concerned. On March 15, after a complaint from a parent of a student, the university fired Joeckel. The professor said his dean told him he
  
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• Help Me Retire: I want to invest $100,000 in dividend-paying stocks, but my wife doesn’t. How do I convince her? 

  25-10-2023 16:06
  We maintain several escrow accounts for unusual purchases and annual bills, such as insurance and taxes. Our home and car are paid in full.  My wife has a 401(k) account with about $110,000. She also has an annuity, which will pay out approximately $3,400 a month in three years. We have about $200,000 in a money-market account. I…
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• : Stellantis in final talks to buy 20% stake in Chinese EV maker

  25-10-2023 16:04
  Stellantis, Europe’s second biggest car manufacturer, is closing in on an agreement to buy a 20% stake in Chinese EV specialist Zhejiang Leapmotor Technologies, in a deal estimated to be worth upwards of $1 billion.  The Dutch headquartered carmaker, which was formed through the merger of Fiat Chrysler Automobiles and Peugeot S.A. in 2021, is currently in final talks with the Hangzhou car manufacturer and could even close a deal within the coming days, Bloomberg reported.  I
  
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• : BioXcel Therapeutics shares pop after audit of Alzheimer’s trial data

  25-10-2023 14:44
  Shares of BioXcel Therapeutics Inc. BTAI, +0.86%jumped more than 40% premarket on Wednesday after the company said an independent audit of Alzheimer’s trial data found no issues impacting the data’s integrity and reliability.The audit reviewed data from a single site of BioXcel’s late-stage trial of an experimental treatment for Alzheimer’s-related agitation in people 65 and older. Based on the audit findings, BioXcel said it believes that the phase 3 trial data it releas
  
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• Futures Movers: Oil prices tread water after wiping out more than half of October’s gains

  25-10-2023 14:32
  Oil prices were treading water early Wednesday after falling for three straight sessions and wiping out more than half of the gains that followed the start of the Israel-Hamas war.Price action West Texas Intermediate crude for December delivery CL00, +0.19% CL.1, +0.19%gained 10 cents, or just over 0.1%, to $83.87 a barrel on the New York Mercantile Exchange.December Brent crude  BRNZ23, +0.28%,the international benchmark, gained 28 cents, or 0.3%, to $88.35 a barrel on ICE Futures Europe.N
  
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• Earnings Results: Boeing stock surges after another revenue beat, while losses were wider-than-forecast again

  25-10-2023 14:30
  Shares of Boeing Co. got a nice boost Wednesday, after the aerospace and defense giant reported revenue that beat expectations for a third-straight quarter, even as losses were once again wider than Wall Street forecast. Investors were also comforted as Boeing affirmed its full-year guidance for free cash flow and for 787 deliveries, but cut is outlook for 737 deliveries as recent quality issues have led to delivery delays.“We continue to progress in our recovery and despite near-term chal
  
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• Europe Markets: Reckitt stock stumbles on revenue miss and margin concerns

  25-10-2023 14:25
  Not even the start of a £1 billion ($1.21 billion) buyback program could save shares of Reckitt RKT, -5.00%on Wednesday, as they dropped nearly 7% after the consumer goods group missed revenue expectations. The London-listed company, whose brands include Nurofen, Dettol and Durex, said third quarter like-for-like net sales rose 3.4%, lower than the company-provided analyst consensus of 3.7% growth, after a poor showing from the nutrition division.“We are firmly on track to deliver ou
  
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• The Tell: Why T. Rowe Price’s CIO thinks 10-year Treasury yields may keep rising — and how he’s positioned in markets

  25-10-2023 14:23
  Ten-year Treasury yields may keep climbing over the next two to three months, after startling markets with their recent surge, according to Sebastien Page, chief investment officer and head of global multi-asset at T. Rowe Price.  “We are positioning for rising rates still,” Page said in an interview Tuesday on the sidelines of Charles Schwab’s Impact 2023 conference in Philadelphia. “I don’t think it’s over,” he said. “We do have a cash buffe
  
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• : Banks are guaranteeing rates over 5% on savings accounts into 2024. Here’s the fine print.

  25-10-2023 14:11
  It’s easy to find high-yield savings accounts that are offering 5% interest these days, but a handful of banks are now promising they’ll pay at least 5% interest on those accounts — and keep doing that into next year. While the Federal Reserve’s next interest rate move remains to be seen, earning a sure yield into 2024 sure sounds tempting.Just read the fine print about the terms on these accounts, experts say. Savings accounts, like bank certificates of deposit, have bee
  
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• Need to Know: Stocks to own ahead of a rally that this $15 billion fund house says is coming soon

  25-10-2023 14:07
  A cold wind is blowing across tech for Wednesday, thanks to Alphabet’s disappointing cloud growth. As MarketWatch’s Therese Poletti says, investors want their AI perks and they want them now. Our call of the day comes from the chief executive and chief investment officer at the Sit Investment Associates, Roger Sit, who says keep the faith in Big Tech, but also be ready for markets to soon spread beyond what he calls the Magnificent 8 — Meta, Amazon, Apple, Google, Microsoft, Nv
  
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• Realtor.com: Peek inside Travis Kelce’s magnificent new mansion near Kansas City

  25-10-2023 14:03
  What does Travis Kelce look for in a home? According to his most recent real estate purchase, privacy is paramount. The Kansas City Chiefs tight end just leveled up his living situation and bought a 17,000-square-foot mansion in the desirable suburb of Leawood, KS. And it appears Kelce scored a deal on this property—it was originally listed in September 2022 for $6.9 million and is now pending sale at $6 million.Located inside a gated community, the grand estate sits on nearly 3.5 acres at
  
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• : Deutsche Bank shares surge as financier expects geopolitical volatility to boost advisory arm

  25-10-2023 14:03
  Shares in Deutsche Bank surged on Wednesday as the German financier said itplans to profit on increased volatility in global markets, and boost shareholder returns using an extra €3 billion ($3.173 billion) worth of capital it expects to free up by 2025.  Speaking to investors, Deutsche Bank DB, -0.89% DBK, +6.01%CFO James von Moltke said the current “geopolitical” and “economic” environment will likely increase their advisory business, as corporate clients turn
  
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• Will the Aussie be patient enough? Forecast as of 25.10.2023

  25-10-2023 12:37 via litefinance.org
  
  Accelerating inflation in Australia suggests another interest rate hike. The Reserve Bank may become the only major regulator to resume the cycle of monetary tightening. How will this affect the Australian dollar? Let us discuss the Forex outlook and make up an AUDUSD trading plan.Weekly Australian dollar fundamental analysisForewarned is forearmed. When the new governor of the Reserve Bank of Australia, Michele Bullock, said that the regulator has no patience for accelerating inflation, and the
  
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• NerdWallet: 6 ways to get your chocolate fix with a ‘Wonka’-inspired escape this winter

  25-10-2023 11:02
  This article is reprinted by permission from NerdWallet.  As the winter chill descends, homebodies might cozy up with a cup of hot chocolate. Travelers, meanwhile, may choose to indulge their sweet tooth with a full-fledged, chocolate-inspired vacation.With the Dec. 15 release date of the movie “Wonka,” candy might be on America’s mind. Happily, you don’t need to win a golden ticket to get to experience one of America’s myriad chocolate factories, chocolate res
  
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• Livability: 5 of the most recession-resistant cities in the U.S.

  25-10-2023 11:02
  A recession may be looming in America’s near future, and you don’t have to take our word for it based on numerous recent headlines as the stock market is down and inflation is (way) up.  This raises a timely question: Is anywhere safe from the effects of a recession?While a recession certainly affects the whole country, it turns out that some cities can weather a national economic crisis much better than others. In recent research, SmartAsset evaluated our nation&rsquo
  
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• Next Avenue: Women live longer, but save less: Here’s what to do about it

  25-10-2023 11:01
  This article is reprinted by permission from NextAvenue.org. Women live longer than men after the traditional retirement age of 65—18% longer, on average—yet women save less than men do to support themselves in retirement, Census Bureau data shows.About half of all women aged 55 to 66 have no personal retirement savings at all; the same is true for 47% of men, Census says. The difference is greater for people who have saved at least $100,000 for retirement: only 2
  
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• Kelley Blue Book: Review: The sleek new 2024 Buick Envista offers a touch of style for a practical price

  25-10-2023 11:00
  Pros Sleek looks Competitive pricing Quiet cabin Cons Meek engine Cabin plastics What’s new? The Envista SUV is entirely newThe all-new 2024 Buick Envista is a subcompact SUV with a sleek profile aimed at young city dwellers. It’s also the cheapest new Buick. Pricing starts at $23,495. Having carved out a niche for itself somewhere between the mainstream and luxury vehicle sectors, Buick has veered more toward the former with this new Envista, even if it does look incredibl
  
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• Market Snapshot: S&P 500 futures slip as Google parent’s slump offsets Microsoft advance

  25-10-2023 10:58
  U.S. stock futures were mixed early Wednesday as a sharp decline in Alphabet shares counteracted a jump in Microsoft following earnings.How are stock-index futures trading S&P 500 futures ES00, -0.45%dipped 14 points, or 0.3%, to 4257 Dow Jones Industrial Average futures YM00, -0.02%rose 37 points, or 0.1%, to 33306 Nasdaq 100 futures NQ00, -0.66%eased 81 points, or 0.5%, to 14765On Tuesday, the Dow Jones Industrial Average DJIArose 205 points, or 0.62%, to 33141, the S&P 500 SPXincrease
  
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• : China’s Country Garden determined to have defaulted on dollar bond: report

  25-10-2023 10:52
  Troubled Chinese property developer Country Garden Holdings Co. 2007, -2.82%has been declared in default on a dollar bond, missing a $15.4 million interest payment that was due following the expiration of a grace period, Bloomberg reported Tuesday.The report cited a notice to holders of trustee Citicorp International Ltd. that said the missed payment constituted “an event of default.” The payment was originally due Sept. 17, then a 30-day grace period was given, which the developer m
  
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• : Payment company’s shares dive after profit warning as Germany deteriorates

  25-10-2023 10:36
  Shares of Worldline were cut in half on Wednesday after the Paris-listed payments company sharply cut its guidance, blaming a deteriorating environment in Germany. Worldline said it is now expecting 6% to 7% growth in organic sales for the year, afte …
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• Euro: life goes on. Forecast as of 25.10.2023

  25-10-2023 09:37 via litefinance.org
  
  The EURUSD correction was driven by investor concerns about financial instability and a future recession in the US. However, the eurozone situation is already worsening, so the correction seemed illogical. Let's discuss this topic and make up a trading plan.Weekly Euro fundamental forecastNo matter how unstable the prospects for the US economy may look due to the fastest rally in Treasury yields in decades, no matter how financial instability scares investors, life goes on. Now, diverg
  
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• Finalists of the Great Hundred contest for Philippine traders announced

  25-10-2023 09:34 via litefinance.org
  
  Dear clients,The qualifying stage of the annual Great Hundred competition for our Philippine clients has been completed. The contest final is reached by ten lucky winners, among whom we will draw valuable prizes:1st Prize — Toyota Fortuner SUV. 2nd Prize — KAWASAKI NINJA motorbike. 3rd Prize — HONDA CBR motorbike.
  Other prizes include iPhone 15 PRO and iPhone 15, MacBook Air, Samsung Galaxy S23 Ultra, Samsung Galaxy S23+, Apple iPad Air, and mountain bike.The Gre
  
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• Key Words: JPMorgan’s Dimon and BlackRock’s Fink both see parallels to the 1970s

  25-10-2023 09:25
  JPMorgan Chairman and CEO Jamie Dimon and BlackRock Chairman CEO Larry Fink both have one decade in mind — the 1970s. Both were speaking at the Future Investment Initiative in Saudi Arabia, or the so-called Davos in the Desert, on Tuesday. In the U.S., Dimon noted the highest levels of debt during peacetime. “There’s kind of this omnipotent feeling that central banks and governments can manage through all this stuff,” he said. “I’m cautious.”Dimon, who m
  
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• Short-term forecast for BTCUSD, XRPUSD and ETHUSD 25.10.2023

  25-10-2023 08:59 via litefinance.org
  
  I welcome my readers!I have prepared a short-term cryptocurrency forecast based on the Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency.Elliott wave Bitcoin analysisBTCUSD continues to build a double zigzag W-X-Y. The final actionary wave Y is currently unfolding as a standard zigzag [A]-[B]-[C]. The first impulse wave will continue to develop, or rather its last part, the sub-wave (5). Most likely, the price will rise to a high of 35261.
  
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• Short-term analysis for oil, gold, and EURUSD for 25.10.2023

  25-10-2023 08:44 via litefinance.org
  
  I welcome my fellow traders! I have made a price forecast for USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.The short-term oil trend turned down yesterday.Oil price forecast for today: USCrude analysisThe oil short-term trend has reversed down. The price broke out support (В) 84.66 - 84.16 yesterday. The downside target is now the Target Zone 79.71 - 78
  
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• : Louisiana Rep. Mike Johnson nominated for speaker by House Republicans

  25-10-2023 04:12
  House Republicans on Tuesday night voted for Rep. Mike Johnson to become their latest nominee for speaker of the U.S. House of Representatives, with the Louisiana congressman’s selection capping a tumultuous day in which Rep. Tom Emmer was briefly the nominee. Johnson, vice chair of the House Republican Conference, picked up support in two rounds of voting and drew a majority votes in a third ballot, topping the number of votes cast for Rep. Byron Donalds of Florida. That’s according
  
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• MarketWatch First Take: Microsoft and Alphabet results show Wall Street only cares about AI

  25-10-2023 03:38
  Microsoft Corp. and Alphabet Inc. both reported mostly strong results Tuesday, but the disparate reactions from investors showed that Wall Street only cares about artificial intelligence right now.While Microsoft shares MSFT rose 4% in after-hours trading following the company’s latest report, Alphabet shares GOOG GOOGL dropped 6% as Wall Street got the sense that AI is manifesting differently in the companies’ cloud businesses.Microsoft…
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• Earnings Results: Snap posts surprise revenue growth, but Israel conflict is making advertisers skittish

  25-10-2023 01:43
  Snap Inc. shares tend to swing wildly after earnings reports, but the reaction looks unusually muted after Tuesday’s results.That’s not because the latest numbers were lacking in developments. Rather, Wall Street seems to be weighing a long-awaited improvement in business trends during the most recent quarter against some more ominous signals that emerged after it ended. Snap SNAP, +2.32%broke a streak of revenue declines Tuesday as it sported 5% growth on the top line for its latest
  
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